🚨 BREAKING NEWS: BINANCE TO COVER 100% OF SECURITY INCIDENT LOSSES! 🔥
Binance co-CEOs Yi He and Richard Teng have confirmed that the exchange has already covered around 80% of the approximately $6.3 BILLION loss following a security incident.
They also made it clear that Binance will absorb the entire financial impact itself — users will not bear the cost.$BTC
According to their October 30 letter, Binance's hot wallets were compromised on October 29 at approximately 20:05 UTC.$ETH
💬 “Binance will absorb the financial impact of these stolen funds, not our users.”
💪 Binance is taking responsibility and reassuring its users.$ZEC
What do you think about Binance's response?
#Binance #CryptoNews #Blockchain
Binance co-CEOs Yi He and Richard Teng have confirmed that the exchange has already covered around 80% of the approximately $6.3 BILLION loss following a security incident.
They also made it clear that Binance will absorb the entire financial impact itself — users will not bear the cost.$BTC
According to their October 30 letter, Binance's hot wallets were compromised on October 29 at approximately 20:05 UTC.$ETH
💬 “Binance will absorb the financial impact of these stolen funds, not our users.”
💪 Binance is taking responsibility and reassuring its users.$ZEC
What do you think about Binance's response?
#Binance #CryptoNews #Blockchain
