🚨 CZ confirms Binance appears to have suffered a security breach.. with estimated losses reaching $6.3 billion!
Binance founder Changpeng Zhao (CZ) confirmed that the platform appears to have suffered a security breach, praising Tether and Circle for their swift response in freezing funds linked to the incident.
💰 Key figures:
- Tether: More than $1.567 billion frozen.
- Circle: More than $823 million frozen.
- Binance: The incident’s total impact is estimated at around $6.3 billion.
- Around $3 billion in assets had been frozen, according to the platform’s latest update.
🛡️ Binance confirmed that user funds are safe and pledged to cover all losses using its SAFU fund and company funds.
📌 CZ, as one of the platform’s shareholders, said he expects users’ funds to be fully covered.
Note: The investigation is ongoing, and the figures may be updated.
#Binance #Crypto #CZ #Bitcoin
Binance founder Changpeng Zhao (CZ) confirmed that the platform appears to have suffered a security breach, praising Tether and Circle for their swift response in freezing funds linked to the incident.
💰 Key figures:
- Tether: More than $1.567 billion frozen.
- Circle: More than $823 million frozen.
- Binance: The incident’s total impact is estimated at around $6.3 billion.
- Around $3 billion in assets had been frozen, according to the platform’s latest update.
🛡️ Binance confirmed that user funds are safe and pledged to cover all losses using its SAFU fund and company funds.
📌 CZ, as one of the platform’s shareholders, said he expects users’ funds to be fully covered.
Note: The investigation is ongoing, and the figures may be updated.
#Binance #Crypto #CZ #Bitcoin