🚨 BREAKING: BINANCE WILL COVER 100% OF HACK LOSSES!

Binance has confirmed a major security incident, estimating the total impact at approximately $6.3 BILLION.

Here's the latest:

🔹 Around $3 BILLION in affected assets frozen on-chain.
🔹 Binance will cover all losses using SAFU and company funds.
🔹 No evidence of wallet private key leaks so far.
🔹 User funds remain safe, according to Binance.

Despite the massive security incident, Binance is taking responsibility and working with industry partners to recover the affected assets.

A major test for trust in the crypto industry.

Do you still trust centralized exchanges?

#Binance #BNB #CryptoNews #bitcoin #BTC #SAFU🙏