💰 $6.34 billion — the price of the attack on Binance.
Following a major security incident, Binance said it was ready to fully cover users’ losses using the SAFU fund and its own funds.
Preliminary estimates put the damage at around $6.3 billion. About $3 billion in affected assets was frozen in cooperation with partners.
But it’s important to understand: this does not mean Binance has already paid out $6.34 billion. This is an estimate of the damage and a commitment to compensate users for their losses.
Now the main question isn’t just about money. How did the attackers manage to breach the infrastructure of the world’s largest crypto exchange and carry out an attack on such a massive scale?
Binance will have to prove that its security can withstand challenges like this.
Would you continue to keep your assets on an exchange after an incident like this?
BNB/USDT · BTC/USDT · ETH/USDT · SOL/USDT
Following a major security incident, Binance said it was ready to fully cover users’ losses using the SAFU fund and its own funds.
Preliminary estimates put the damage at around $6.3 billion. About $3 billion in affected assets was frozen in cooperation with partners.
But it’s important to understand: this does not mean Binance has already paid out $6.34 billion. This is an estimate of the damage and a commitment to compensate users for their losses.
Now the main question isn’t just about money. How did the attackers manage to breach the infrastructure of the world’s largest crypto exchange and carry out an attack on such a massive scale?
Binance will have to prove that its security can withstand challenges like this.
Would you continue to keep your assets on an exchange after an incident like this?
BNB/USDT · BTC/USDT · ETH/USDT · SOL/USDT