🚨 #Binance SECURITY INCIDENT: $2.54 BILLION FROZEN, BUT HOW MUCH WAS ACTUALLY LOST? Crypto security is being put to the test again. Binance says user funds are safe and it will cover all losses. Deposits and withdrawals have been temporarily suspended while security checks continue. But what makes this incident particularly interesting is the industry-wide response: 🔹 Tether froze over $1.567B in USDT 🔹 Circle froze over $800M in USDC 🔹 World Liberty froze $27M in USD1 and WLFI 🔹 Paxos froze around $7.6M in PAXG 🔹 Ripple is freezing stolen RLUSD Binance reports that $2.54B has been frozen so far, with more potentially to come. Aave and Kamino also paused certain markets as a precaution, despite not being affected. One important detail: the total amount actually lost is still unconfirmed. Binance says it will share verified figures after the investigation. 💡 This incident raises a bigger question about crypto: security isn't just about protecting your own platform. It also depends on how quickly the entire ecosystem can respond. What do you think? Is this a sign of stronger cooperation across crypto, or does it highlight how much work we still have to do on security? $BNB
