#backednotbroken:richardtengsaysusersbearnoloss After a massive security breach where hackers stole $6.3 billion from Binance hot wallets, co-CEO Richard Teng confirmed that users will suffer no financial loss.
Binance set aside over $6.34 billion to cover all missing funds completely. As of today, the exchange has replenished 90% of the stolen assets using company reserves and industry help. Teng reassured the community that user deposits remain safe as Binance prepares to reopen standard crypto withdrawals.
$ARB $NEAR $PORTAL
Binance set aside over $6.34 billion to cover all missing funds completely. As of today, the exchange has replenished 90% of the stolen assets using company reserves and industry help. Teng reassured the community that user deposits remain safe as Binance prepares to reopen standard crypto withdrawals.
$ARB $NEAR $PORTAL
