Midnight in the UAE. CZ is about to fall asleep, doing his usual late-night Twitter scroll.Then his phone lights up. It's the team: Binance is being hacked🙉🙉😱
Seconds later his timeline is full of the same rumor, and for a moment he honestly can't tell if it's real.
"I was instantly wide awake"
That's CZ in his first real interview since the $6.3B hack. He doesn't run Binance day to day anymore, so while the team worked on closing the hole, he took on the other job: keeping people calm and posting updates as fast and as openly as he could.
It worked. Binance covered the whole loss and no user funds were touched. Within 24 hours, hourly flows were back to net inflows. Less than 10% of the withdrawals went to other exchanges. Most went to self-custody, and a lot of that money came back once people saw things were stable.
His bigger point is that this was never just about one exchange. The FBI has tied it to North Korea, and AI is making these attacks faster. He says four platforms got hit in a single day.
"The only way to fight a monster is to become a monster"😈
He wants the industry to go all in on AI defense and build an alliance where exchanges share intel and freeze stolen funds together.
"Once you hit bottom, the only way is up" 🚀🚀🚀#CZ #Binance #BinanceIncidentReport
Seconds later his timeline is full of the same rumor, and for a moment he honestly can't tell if it's real.
"I was instantly wide awake"
That's CZ in his first real interview since the $6.3B hack. He doesn't run Binance day to day anymore, so while the team worked on closing the hole, he took on the other job: keeping people calm and posting updates as fast and as openly as he could.
It worked. Binance covered the whole loss and no user funds were touched. Within 24 hours, hourly flows were back to net inflows. Less than 10% of the withdrawals went to other exchanges. Most went to self-custody, and a lot of that money came back once people saw things were stable.
His bigger point is that this was never just about one exchange. The FBI has tied it to North Korea, and AI is making these attacks faster. He says four platforms got hit in a single day.
"The only way to fight a monster is to become a monster"😈
He wants the industry to go all in on AI defense and build an alliance where exchanges share intel and freeze stolen funds together.
"Once you hit bottom, the only way is up" 🚀🚀🚀#CZ #Binance #BinanceIncidentReport
