New week, new start.
In case anyone has missed, here are some info I gathered.
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-6.png)
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-7.png)
source: https://steemit.com/hive-133987/@penguinpablo/weekly-steem-stats-report-monday-march-9-2020
After all the “hacker” tweets, exchange voting for gevernance debacles, @jeffjagoe and theycallmedan both reached huobi via phone call.
https://steemit.com/hive-100421/@jeffjagoe/lnpefuqp
Some interesting facts on the post above if you are interested. Kudos Jeff Dan and Ciara for communication.
![](https://joythewanderer.com/wp-content/uploads/2018/10/img_0374-1.jpg)
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-8.png)
Despite previous mistake by huobi, they seemed to handle it and was able to communicate quickly enough. Not too bad.
Let’s take a look at what Binance did:
Firstly CZ started a twitter thread talking about it, providing the interview questions with cointelegraph, where he talked about why this mistake happened:
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-11.png)
Later with a screenshot of incomplete SF222 code, steem witnesses discussed it below that thread.
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-12.png)
Down below the tweets you find many steem witnesses and knowhows discussing it.
Meanwhile there was a twitter storm, including JS, steemit accounts talking to each other… It was …. a storm.
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-13.png)
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-14.png)
Later after Saturday’s townhall, CZ admitted the mistake and promised a powering down in a few hours.
I didn’t follow the townhall, but Ura-soul made an interetsting vlog about it:
Yesterday, in Justin Sun’s post https://steemit.com/steem/@justinsunsteemit/progress-being-made
He wrote, progress is made, yet so far
Of all the townhall commucation by inc and witnesses, the only real progress I see is only CZ’s apology and promise to power down. Although the power down process took a while. Here is the story:
Yesterday, binance started a powering down first with 31k vests instead of SP, the code the exchange operated is indeed written.
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-10.png)
Either they are really that ignorant or to “win some time”…..
After a few hours, they also on the process of full powering down atm.
![](https://joythewanderer.com/wp-content/uploads/2020/03/image-9.png)
Thanks for reading.