๐จ BINANCE SHOWS STRONG COMMITMENT AMID $6.3 BILLION SECURITY INCIDENT!
Binance has shared a major update on its October 30 security incident.
๐ก๏ธ KEY DEVELOPMENTS:
๐น Estimated impact: $6.3 billion.
๐น Approximately $3 billion in assets frozen on-chain.
๐น No evidence of wallet private key leaks.
๐น Deposits continue operating normally.
๐น Withdrawals temporarily paused for security checks.
๐ช BINANCE'S RESPONSE:
โ All losses to be covered by SAFU and company funds.
โ Working with global law enforcement and blockchain partners.
โ Updated Proof of Reserves promised after remediation.
๐ Binance is working around the clock to resolve the situation and safeguard its users.
A STRONG FOCUS ON USER PROTECTION AND RECOVERY!
๐ฌ What do you think about Binance's response?
#Binance e #safu #CryptoNewss s #CryptoSecurityIncidents
$BTC $BNB $TIA
Binance has shared a major update on its October 30 security incident.
๐ก๏ธ KEY DEVELOPMENTS:
๐น Estimated impact: $6.3 billion.
๐น Approximately $3 billion in assets frozen on-chain.
๐น No evidence of wallet private key leaks.
๐น Deposits continue operating normally.
๐น Withdrawals temporarily paused for security checks.
๐ช BINANCE'S RESPONSE:
โ All losses to be covered by SAFU and company funds.
โ Working with global law enforcement and blockchain partners.
โ Updated Proof of Reserves promised after remediation.
๐ Binance is working around the clock to resolve the situation and safeguard its users.
A STRONG FOCUS ON USER PROTECTION AND RECOVERY!
๐ฌ What do you think about Binance's response?
#Binance e #safu #CryptoNewss s #CryptoSecurityIncidents
$BTC $BNB $TIA
