🚨 The truth about the $6.3 billion Binance hack
What happened:
Binance's hot wallet, Binance 14, was hacked on October 29, and 167,464 ETH + other coins were withdrawn, totaling around $6.3 billion, according to Binance's official statement.
Are our funds at risk?
No, Binance officially confirmed:
✓ Around $3 billion has been frozen (USDT and USDC)
✓ All losses will be covered by the SAFU fund + company funds
✓ Withdrawals and deposits will resume within hours
According to the initial investigation, the cause was a DevOps engineer's laptop being hacked.
My question for you: Do you trust Binance to cover the full amount? Keep or Withdraw?
#Binance #BTC #Crypto #BNB #SAFU
What happened:
Binance's hot wallet, Binance 14, was hacked on October 29, and 167,464 ETH + other coins were withdrawn, totaling around $6.3 billion, according to Binance's official statement.
Are our funds at risk?
No, Binance officially confirmed:
✓ Around $3 billion has been frozen (USDT and USDC)
✓ All losses will be covered by the SAFU fund + company funds
✓ Withdrawals and deposits will resume within hours
According to the initial investigation, the cause was a DevOps engineer's laptop being hacked.
My question for you: Do you trust Binance to cover the full amount? Keep or Withdraw?
#Binance #BTC #Crypto #BNB #SAFU
