Binance co-founder He Yi stated that there have been occasional heated discussions in the past regarding leaked information about coin listings on Binance. Usually, these discussions involve projects that have not yet released their tokens, and the community's excessive promotion to maintain hype is not uncommon. However, after the announcement of the listing of RONIN and the subsequent price drop, there was a fierce discussion within the community. After an internal investigation, it was found that the integration of public chains for users to retrieve tokens led to the detection of the collection on the chain by external parties. Discussions about RONIN being listed on Binance began within the community, and after careful consideration, the following adjustments will be made:
1) Internal adjustments by Binance: The team members involved in the coin listing process, including the business, research, Pre IC, IC, development, operation, and announcement teams, will strengthen internal management and firewall isolation. If there is any information leakage due to mismanagement, a warning will be given for the first time, and dismissal for the second.
2) External cooperation adjustments by Binance: External business communication often involves perfecting project research information, communicating token models, token custody management, and communicating with project investors. The process will be further improved, and if there is any information leakage about the coin listing, the listing will be canceled. If information leakage is discovered after the announcement, the listing will be put on hold, and whether to list will be decided based on subsequent adjustments.
3) We will further improve technical monitoring. Currently, we do not rule out the possibility of Binance's trading pairs and announcements being monitored by scripts. Although the content is encrypted, the added actions are monitored, so there may be fluctuations in the BNB price, and everyone will speculate that Binance will welcome launchpool. If you have any clues, please contact us to submit information.
4) In the past, Binance did not disclose its contact information because it wanted to isolate coin listing research from business, which gave many scammers an opportunity. Therefore, we have now made our application link public.
5) A high reward is offered. We welcome all reports of any corrupt behavior related to coin listings or other activities. If it is verified that a member of the Binance team is corrupt, we will provide a reward of $10,000 to $5 million for the security vulnerability, while keeping your identity confidential.
6) For verified corrupt employees who are fired and then join any project or fund, the corresponding project or fund will be permanently blacklisted from being listed on Binance. Major funds are welcome to contact Binance for background checks before making an offer.
Finally, He Yi stated that Binance's past achievements were due to the establishment of a fair, transparent, and efficient platform.
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