Munawar retweeted
World’s biggest crypto exchange just got hit
Everyone is panicking right now, even @elonmusk reacted
Should you worry? Here are the actual numbers 👇
• $5.8B outflows reported from hot wallets
• But @binance holds ~$165B in total reserves
• That means this is still under 3.5% of what they actually hold
• @Tether already froze $1.567B+ USDT
• @circle froze $823M USDC
• So a big chunk is already locked and can’t be moved
• SAFU fund (their insurance) has ~15,000 BTC worth over $1B
• Plus they can cover from their own reserves and balance sheet
• @cz_binance already said: “User funds are safe
• And later: “Loss might be a bit higher… but will cover”
• @binance official statement: “User funds are completely safe”
• Withdrawals temporarily paused only for security checks
• App and trading still working normally
People are panicking and comparing this to FTX, looking like paid campaigns.
This is not @FTX_Official
FTX had zero real reserves, fake books, and was completely insolvent.
Binance has $165B reserves, monthly Proof of Reserves above 100%, and a real SAFU fund ready to use
Don’t let the fear and FUD control you
Funds are safe
I’m going to sleep. Don’t worry guys.
#Binance
🚨 Binance hack: $3B drained from hot wallets!
Binance says user funds are completely safe while they investigate.
@cz_binance confirmed it looks like a hack and expects full coverage. Tether + Circle froze $1.8B within the hour.
SAFU exists for exactly this!
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#GazaUnderAttack
#IsraeliTerrorism #TelAviv
#AllahuAkbar #Hamas
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#FreePalestine
If you choose to remain SILENT in situations of INJUSTICE & OPPRESSION, you have indeed supported the oppressor.
Be JUST. Be BRAVE. Take a STAND.
India Supports #Palestine & it’s RIGHT to FREEDOM.
#IndiaStandsWithPalestine
They are really worst they want to complete us 'records' , 'assignments' and taking internals.
They want to complete the whole syllabus and internals by the end of this month.
This cmg two weeks are really gng to get worse for us.
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Kindly request towards u sir..!🙏
@drashwathcn @BSYBJP
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@DKShivakumar
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