Latest Binance News | Binance co-CEOs say 80% of the $6.3 billion loss
Binance co-CEOs Yi He and Richard Teng said the platform has already covered about 80% of the $6.3 billion it lost in a security incident, and that it will bear the full cost itself. In a message to users dated Friday, October 30, they said Binance’s hot wallets were compromised at around 20:05 UTC on October 29.
$AKE زادت فرص الشراء عند الهبوط الحاد $AKE لقد نزلت لقاع القاع هبوط عنيف وحاد انشاء الله يكون الارتداد سريع فرص الشراء تزداد والعملة مميزة ولا يوجد مخاطر سك انشاء الله تتعوض الخسائر الشراء الآن فرصة اكبر من اول
#لاتقلق The reason the market fell only 2–3% after the biggest crypto hack in history is simple: there is no domino effect. Unlike FTX and other collapses, this won’t trigger a chain of bankruptcies, liquidations, and additional losses across the industry. Funds were stolen from the world’s largest exchange. #Binance . #Binance It has the funds to cover it. No one else is taking the hit. Why would the market collapse over an isolated incident involving the industry’s deepest-pocketed player? There is no contagion. No risk of bankruptcy. No domino effect. #Binance $BNB
On Thursday, October 29, Binance, the world’s largest cryptocurrency exchange, was hacked. The platform itself estimated the impact at around $6.3 billion—nearly four times the Bybit hack, which held the record in 2025. 🔍 What happened? The initial investigation says it started with a laptop belonging to an engineer on the operations team being compromised. From there, the attacker accessed an internal service and sent unauthorized withdrawal commands.
فرصتك للشراء العملة الاسطورة وصلت وصلت القاع ادنى مستوى وصلت له تقريبا عملة اكي $AKE يعني فرصتك وصلت الى عندك الحقها اشتري الآن سعرها 0.0185 يعني عند صعودها ارباحك ستتضاعف سترتفع حسب التوقعات اقل شيء خمسة اضعاف وعلى اسوأ احتمال ضعفين اسرعوا اسرعوا
Binance shared new details about how Thursday’s security incident occurred. The platform said the attack began with the compromise of an employee’s laptop and was carried out through several additional entry points discovered as the investigation progressed. In updates on Friday, October 30, Binance said it had found no evidence that wallet private keys had been leaked and would fully compensate users for all their losses.
The probability of a rate hike in December has become stronger than ever. Today, U.S. PCE inflation data recorded 3.6%, the highest level in 4 months. Core PCE inflation also accelerated to 3.1%, reaching its highest level. At the same time, third-quarter GDP growth accelerated to 3.4%. These are clear indicators of both economic strength and rising inflation. Usually, the Fed responds to these data with a firm decision to raise rates. But this does not mean a hike is certain, as CPI and jobs data have not been released yet. If inflation continues to rise, we may see a hike in December. Do you expect the Fed to raise rates next December? Share your expectation 👇 #FOMC #Crypto #Bitcoin #Economics
🚀 The market is turning green today! 📈💚 🔥 $BLUR is up 21.34% 💚 $WENB is climbing 15.06% ⚡ $INIT has gained 13.22% 👀 Altcoins are making big moves and catching everyone’s attention! Are we seeing the start of a bigger rally, or is this just a temporary pump? 🚀🔥 💬 What do you think, crypto traders? Will this momentum continue, or are we in for a correction soon? 👇 ⚠️ Always do your own research (DYOR) before making any trading decisions, and don’t chase green candles without confirmation. #Crypto #Altcoins #Trading #Binance
$BTC $BTC إصابة هدف أخرى! برأيي، كانت صفقة طويلة ونظيفة. بينما كان الجميع منشغلاً بمحاولة إنقاذ ما يمكن إنقاذه وخسارة مئات الملايين، انتظرتُ بصبرٍ حتى تأكدتُ من توقف النزيف قبل أن أضغط على الزناد. تتجه الأنظار الآن إلى مستوى 81,700 دولار، حيث توقف الزخم مؤقتًا. إذا تمكنا من تجاوز هذا المستوى، فسيكون مستوى 83 ألف دولار هو التالي. لا تنسوا أن قرار سعر الفائدة سيصدر اليوم. استعدوا لتقلبات حادة في كلا الاتجاهين بغض النظر عن النتيجة. $BTC
$BTC 𝐗𝐗..... 𝐗𝐗..... 𝐗𝐗 🚨 $BTC Today's Federal Open Market Committee meeting could be the biggest catalyst for markets in the fourth quarter. And everything comes down to one thing: inflation. 📊 Since the last Federal Open Market Committee meeting, the Consumer Price Index has risen to its highest level in 4 months, while the Producer Price Index is nearing its highest level in 4 years.
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