Holding the #Binance Creator of the Year 2023 award! 🏆
Massive thanks to the @binance fam for this incredible honor. Let's keep building a stronger crypto community together!🧡🔶
#BNB #BinanceSquare
Hamza PRO 🔶 retweeted
Saw a few discussions about size of hack, why impact to bitcoin price is small, etc. 👇
$6.3 billion is the biggest in USD terms, but not in BTC terms. MtGox was 650,000 BTC!
Other important numbers to consider:
% of bitcoin (in relation to BTC total supply), ie, market impact. MtGox is big there again at 5%+.
Number of users impacted, and % of user assets impacted. MtGox (the largest CEX at the time) and FTX (not small) were all near 100% of users and their asseets.
Most important: Who is impacted? Does the platform cover it all? (only one victim), as in recent two CEX cases and Binance.
Obviously, still a major disaster for the industry, Binance (and me). It hurts, but we survive.
Most importantly, we protect our users.
(image from @MatthewRoszak)
Hamza PRO 🔶 retweeted
We are aware of reports of a potential security issue and we are actively investigating.
Our security teams are reviewing all relevant information with urgency, and we will provide updates through official Binance channels as soon as we have verified information. Users should remain cautious of scams and should not trust unofficial links, messages, or requests for account information.
User Funds SAFU.
Dream for 2026: take my crypto portfolio to 7 figures and launch my own physical business. 💪 Building something real for my family is the goal.
