Heavy news today, but here’s the bottom line!
Yi He (Binance Co-CEO) came out and said Binance is stepping up to cover all user losses from the hack.
Deposits and withdrawals are on pause for now they're doing a full security audit, freezing what they can, and working with law enforcement to track it down.
Your funds are safe, and a detailed post-mortem report is on the way.
Safest place in crypto for a reason. Let the team do their job! 🛡️

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