Changpeng Zhao: Binance did not borrow, sell assets, or raise funds. It covered the stolen funds entirely with its own assets.
The impact of a security incident on the market usually depends on three things:
1) How large the loss is relative to the project;
2) Whether the stolen funds will be sold off all at once;
3) The project team's compensation plan.
$BNB Current price: 701.7, 24h: -1.23%. Short-term sentiment may be affected, so don't rush to buy the dip.
Please do your own research before placing an order.
The impact of a security incident on the market usually depends on three things:
1) How large the loss is relative to the project;
2) Whether the stolen funds will be sold off all at once;
3) The project team's compensation plan.
$BNB Current price: 701.7, 24h: -1.23%. Short-term sentiment may be affected, so don't rush to buy the dip.
Please do your own research before placing an order.