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Binance has just updated its Proof of Reserves after a $6.3 billion hack, the biggest hack in crypto history.
All 8 major assets are fully backed at over 100%: BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1 Withdrawals have reopened, starting with the Bitcoin network; other networks will be rolled out gradually.
More than $6 billion was lost, yet every user was fully compensated.
That’s why #Binance is still the largest and most trusted exchange 💪 $BNB
Even though I currently have a BTC long position, I’d recommend limiting your altcoin trades around this time.
Short-term moves can easily get swept, so I think trading on the daily timeframe would be safer. If you’re not sure, just stay on the sidelines until near the end of October.
THE END OF THE MONTH IS USUALLY BRUTAL
JOIN THE TRADE HERE — AN AI AGENT WAVE IS COMING TO WEB3 WALLETS SOON 👇👇👇 https://web3.binance.com
Every time I check a liquidation map, it hits me that half the market’s exit levels are just sitting there in public. Bots see them hours before they matter.
Their thing is Covenants. Basically an instruction nobody can read until it fires. You set a price or time condition, it sits onchain encrypted, then executes on its own. No bot, no middleman.
What surprised me is that Dusk is already live on Ethereum mainnet. Not testnet, real mainnet.
And it’s only era 1 of 7, with more dropping before year end. Watching this one closely.