So why doesn't a billion dollar company like Binance have a full disaster recovery center at another location that they can flip over to anytime it's needed rather than having a 30 hour outage so far?
It's being operated by money hungry baboons looking to save as much as possible on everything, because every penny saved means an extra penny that they can add up to grow their liquid capital. It's getting a bit annoying because of how people start speculating about a hack and whatnot, which is only getting worse the longer it takes for Binance to return. I think exchanges should publicly list their hot and cold wallet addresses to (1) show proof of their solvency in terms of digital assets, and (2) to make people feel more comfortable when an exchange is going through a lengthy maintenance session. As long as the funds remain where they are, it will give people a peace of mind, which is the most important thing. Let's see if they beat Kraken in terms of remaining offline.
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