Respect to Binance đ #SAFU
A $6.3B hack is the biggest crypto heist in history. Panic was expected, but Binance showed why they are still the world's #1 exchange.
What they did right:
â Full transparency from hour one - no cover up
â Paused withdrawals to protect users
â Froze ~$3B within hours with Tether & Circle
â Promised to cover 100% of losses from SAFU fund + treasury
â User funds remain SAFU
Every exchange can be targeted, especially by state-level hackers like Lazarus. What matters is how you respond. Binance is responding like a leader.
Trust is not built when everything is fine. Trust is built in a crisis.
Stay strong @binance @cz_binance @heyibinance @RichardTeng. The whole community is with you. đ
#Binance $BNB $BTC $ETH #Crypto #BinanceStrong
A $6.3B hack is the biggest crypto heist in history. Panic was expected, but Binance showed why they are still the world's #1 exchange.
What they did right:
â Full transparency from hour one - no cover up
â Paused withdrawals to protect users
â Froze ~$3B within hours with Tether & Circle
â Promised to cover 100% of losses from SAFU fund + treasury
â User funds remain SAFU
Every exchange can be targeted, especially by state-level hackers like Lazarus. What matters is how you respond. Binance is responding like a leader.
Trust is not built when everything is fine. Trust is built in a crisis.
Stay strong @binance @cz_binance @heyibinance @RichardTeng. The whole community is with you. đ
#Binance $BNB $BTC $ETH #Crypto #BinanceStrong