If you woke up to the news of a $6.3B security incident at Binance, take a deep breath... 😘
I know the market is panicking right now, but your funds are completely safe. Binance has officially confirmed they are covering all the losses, and the SAFU fund is fully backing it up. They literally said no user will lose a single dollar.
Here is the crazy part though. The root cause of this whole mess was traced back to a compromised DevOps laptop. It just shows how sophisticated hackers are getting these days.
To play it absolutely safe, withdrawals are paused for the next 48 hours while they do a full security revamp. But deposits are still working normally.
The team is working round the clock to fix this. Honestly, this is why I keep my funds on a secure exchange.
$BEAMX
$PARTI
$LSK
Are you guys buying this panic dip, or waiting for withdrawals to open before making a move? 👇
#Binance #SAFU #CryptoNews #CryptoMarket
I know the market is panicking right now, but your funds are completely safe. Binance has officially confirmed they are covering all the losses, and the SAFU fund is fully backing it up. They literally said no user will lose a single dollar.
Here is the crazy part though. The root cause of this whole mess was traced back to a compromised DevOps laptop. It just shows how sophisticated hackers are getting these days.
To play it absolutely safe, withdrawals are paused for the next 48 hours while they do a full security revamp. But deposits are still working normally.
The team is working round the clock to fix this. Honestly, this is why I keep my funds on a secure exchange.
$BEAMX
$PARTI
$LSK
Are you guys buying this panic dip, or waiting for withdrawals to open before making a move? 👇
#Binance #SAFU #CryptoNews #CryptoMarket
