🚨 Binance Security Incident: $6.3B Hack Update
Binance has reported a major security breach involving approximately $6.3 billion in stolen crypto assets.
Here's what the company says so far:
🔹 User protection: Binance pledges to cover all losses using SAFU and corporate funds.
🔹 Funds secured: Over $6.34B has been allocated, with approximately 80% of the impacted assets already replaced.
🔹 Recovery efforts: Around $3B in stolen assets has reportedly been frozen on-chain.
🔹 Withdrawals: Temporarily suspended, with a phased restoration planned following security checks.
🔹 Transparency: A new Proof of Reserves report and a detailed incident investigation are expected.
🛡️ Binance says users will not bear the financial impact of the breach.
⚠️ The investigation is ongoing. Follow official Binance channels for verified updates.
#BinanceReports80%Recoveryof$6.3BillioninLossesfromHackIncident
Binance has reported a major security breach involving approximately $6.3 billion in stolen crypto assets.
Here's what the company says so far:
🔹 User protection: Binance pledges to cover all losses using SAFU and corporate funds.
🔹 Funds secured: Over $6.34B has been allocated, with approximately 80% of the impacted assets already replaced.
🔹 Recovery efforts: Around $3B in stolen assets has reportedly been frozen on-chain.
🔹 Withdrawals: Temporarily suspended, with a phased restoration planned following security checks.
🔹 Transparency: A new Proof of Reserves report and a detailed incident investigation are expected.
🛡️ Binance says users will not bear the financial impact of the breach.
⚠️ The investigation is ongoing. Follow official Binance channels for verified updates.
#BinanceReports80%Recoveryof$6.3BillioninLossesfromHackIncident