šØ BINANCE SHOWS STRONG COMMITMENT AMID $6.3 BILLION SECURITY INCIDENT!
Binance has shared a major update on its October 30 security incident.
š”ļø KEY DEVELOPMENTS:
š¹ Estimated impact: $6.3 billion.
š¹ Approximately $3 billion in assets frozen on-chain.
š¹ No evidence of wallet private key leaks.
š¹ Deposits continue operating normally.
š¹ Withdrawals temporarily paused for security checks.
šŖ BINANCE'S RESPONSE:
ā All losses to be covered by SAFU and company funds.
ā Working with global law enforcement and blockchain partners.
ā Updated Proof of Reserves promised after remediation.
š Binance is working around the clock to resolve the situation and safeguard its users.
A STRONG FOCUS ON USER PROTECTION AND RECOVERY!
š¬ What do you think about Binance's response?
#Binance e #safu #CryptoNewss s #CryptoSecurityIncidents
$BTC $BNB $TIA
Binance has shared a major update on its October 30 security incident.
š”ļø KEY DEVELOPMENTS:
š¹ Estimated impact: $6.3 billion.
š¹ Approximately $3 billion in assets frozen on-chain.
š¹ No evidence of wallet private key leaks.
š¹ Deposits continue operating normally.
š¹ Withdrawals temporarily paused for security checks.
šŖ BINANCE'S RESPONSE:
ā All losses to be covered by SAFU and company funds.
ā Working with global law enforcement and blockchain partners.
ā Updated Proof of Reserves promised after remediation.
š Binance is working around the clock to resolve the situation and safeguard its users.
A STRONG FOCUS ON USER PROTECTION AND RECOVERY!
š¬ What do you think about Binance's response?
#Binance e #safu #CryptoNewss s #CryptoSecurityIncidents
$BTC $BNB $TIA
