Stop panic selling over the Binance hack.
So far, almost $3B has reportedly been frozen, bringing the estimated actual loss down to around $1–2B.
Now look at the bigger picture:
CZ's net worth is estimated at $100B, while Binance generates around $16B in annual revenue.
The point is, Binance has the financial scale to absorb a loss of this size.
Don't let panic make your decisions for you. Stay calm, follow the facts, and manage your risk.
So far, almost $3B has reportedly been frozen, bringing the estimated actual loss down to around $1–2B.
Now look at the bigger picture:
CZ's net worth is estimated at $100B, while Binance generates around $16B in annual revenue.
The point is, Binance has the financial scale to absorb a loss of this size.
Don't let panic make your decisions for you. Stay calm, follow the facts, and manage your risk.