๐Ÿšจ BREAKING: BINANCE WILL COVER 100% OF HACK LOSSES!

Binance has confirmed a major security incident, estimating the total impact at approximately $6.3 BILLION.

Here's the latest:

๐Ÿ”น Around $3 BILLION in affected assets frozen on-chain.
๐Ÿ”น Binance will cover all losses using SAFU and company funds.
๐Ÿ”น No evidence of wallet private key leaks so far.
๐Ÿ”น User funds remain safe, according to Binance.

Despite the massive security incident, Binance is taking responsibility and working with industry partners to recover the affected assets.

A major test for trust in the crypto industry.

Do you still trust centralized exchanges?

#Binance #BNB #CryptoNews #bitcoin #BTC #SAFU๐Ÿ™