Why is transparent auditing essential for long-term user trust?
Transparent auditing allows users to verify that Binance operates securely and responsibly. By sharing regular security reports and undergoing independent third-party audits, Binance demonstrates accountability, builds confidence, and reinforces trust. This openness ensures that users feel safe knowing their funds and data are properly protected.
Yesterday Binance co founder Sister Ye Hi WeChat account got hacked but recovered now the scammers promote many meme coins including $Mubarakah and we see how it rose already and it looks they succeed too