Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X.
Venezuela’s government has blocked access to crypto exchange Binance, social media platform X and other online services amid unrest over disputed presidential election results.
On Aug. 9, local anti-censorship organization VE sin Filtro posted to X that it “detected a DNS block on the cryptocurrency exchange Binance, which affects the normal operation of its website and mobile application.”
“Like several websites of companies from different segments in Venezuela, including social networks, Binance pages have been facing access restrictions,” the exchange’s Latin American-focused X account posted on Aug. 10.
