7,499 btc just walked out of binance's safu wallet
that is the insurance fund
the one built for exactly this kind of day
it now holds about 7,500 btc with no timeline for refilling it
chainalysis says the crew behind the $6.3 billion hack has started swapping stolen solana tokens for bitcoin
gate froze two linked accounts
pyongyang denies the fbi attribution and blames the us instead
my read: the theft is priced in now, the trust damage is not
south korea is already pushing exchanges past 80% cold storage
$BTC 76630 and $SOL 91.74, both red
a proof of reserves page does not buy that back
that is the insurance fund
the one built for exactly this kind of day
it now holds about 7,500 btc with no timeline for refilling it
chainalysis says the crew behind the $6.3 billion hack has started swapping stolen solana tokens for bitcoin
gate froze two linked accounts
pyongyang denies the fbi attribution and blames the us instead
my read: the theft is priced in now, the trust damage is not
south korea is already pushing exchanges past 80% cold storage
$BTC 76630 and $SOL 91.74, both red
a proof of reserves page does not buy that back
