Binance is leading by example and are trying to be proactive when it comes to hacking. They have a $250,000 bounty for information that leads to an arrest of a hacker(s) who unsuccessfully tried to infiltrate Binance earlier this month. They also announced that they are withholding $10 million in funds for future bounties as insurance to their clients.
They also announced that they are creating a DECENTRALIZED exchange!!!
As someone who uses Binance and holds their coin, this announcement is very reassuring and exciting.
Here is a link for more information https://cointelegraph.com/news/binance-offers-250000-bounty-for-arrest-of-hackers.
