“We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage.
Share prices for American cybersecurity technology company CrowdStrike continue to decline on Monday following a botched software update that caused a global computer outage.
Jimmy Su, Chief Security Officer at Binance says there are likely to be similar incidents in the future due to the centralized nature of computing.
Stock for CrowdStrike Holdings Inc. (CRWD) fell a further 13% on July 22. As a result, the tech stock declined to $263 in after-hours trading.