Binance CEO disagrees with Elon Musk for mentioning Dogecoin issues

Twitter has become a stage for yet another crypto-related battle as Binance has continued problems with Dogecoin (DOGE) withdrawals.

Tesla CEO Elon Musk, one of the biggest Dogecoin fans in the world, is He directed it to Twitter on Tuesday to address issues related to DOGE withdrawals on Binance. Tagging Binance CEO Changpeng Zhao, he wrote, “What’s wrong with your Doge customers? It sounds cloudy. “

It took about 30 minutes for Binance’s official Twitter account to respond. fight that the problem is nothing shady and quote a new one Update on Twitter about the problem. “The main cause is a technical problem during the last update process that resulted in old transactions being resent to 1,674 users.”said Binance.

Binance CEO disagrees with Elon Musk for mentioning Dogecoin issues
Binance CEO disagrees with Elon Musk for mentioning Dogecoin issues

As a result of the problem, some Binance users received old transactions while others were unable to withdraw their Dogecoin. “We kindly asked those who received the previous transactions to return them, but we are aware that some users are having trouble accessing some of the wallets.

The company went on to say that the problem only occurred with Binance, as the platform had a “different technical wallet setup for DOGE”.. To fix the problem, Binance will have to completely rebuild the wallet, which could take “about a week,” the company noted.

Apparently, Not happy with Binance’s response, Tesla’s CEO continued to attack the exchange, saying, “Dog owners who use Binance need to be protected from mistakes that are not their fault.”. Musk too quoted a thread by Dogecoin Developers stating that the problem started “a little over a year ago”.

Binance CEO Zhao subsequently joined the thread, explaining that the problem is related to the “newest Doge wallet”. “We are in communication with the developers,” he added.

Zhao also responded to Musk with reference to The Guardian’s report that Tesla’s software went down in October, causing a safety recall of about 12,000 vehicles in the United States.. Tesla eventually had to cancel the FSD update for vehicles to fix the problem.

“What happened here?” Zhao apparently wrote Musk’s comment to United Nations World Food Program director David Beasley in his Twitter argument about donating $ 6 billion to solve world hunger.

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