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Monday 02 November 2026 06:15:45 GMT
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Xd#xd #viral #fype
Xd#xd #viral #fype
11/01/2026 Binance, the world's biggest crypto exchange, reopened withdrawals Sunday morning after a hack that took about $6.3 billion in crypto. Binance says it has already replaced about 95% of what was stolen using its own emergency fund and company money, and that users will not bear the losses. Then customers pulled out more than $4.6 billion in under 10 hours anyway. Those are Binance's own numbers, reported by Reuters: $4.64 billion in withdrawals, $1.01 billion in new deposits, for a net outflow of about $3.64 billion. Binance says that is 2.1% of the $171 billion it holds for customers. An independent tracker, DefiLlama, came up with a similar net figure of more than $3.5 billion. This is how a run works, at a bank or anywhere else that holds your money. The money does not leave when it is gone. It leaves when people stop trusting it will be there. Every exchange and every bank only keeps part of its customers' money ready to go at once, so the real test after a hack is not the loss, it is whether customers believe the next withdrawal will clear. To be fair to Binance, some of that $4.6 billion is simply 2 to 3 days of normal withdrawals that were stuck while everything was frozen. Binance says withdrawal volumes have already declined and are stabilizing as expected. The FBI has blamed a North Korean hacking group for the theft, and about $3 billion of the stolen funds has been frozen. The bigger lesson for anyone holding crypto: on an exchange, you own a promise from the exchange, not the coins themselves. That is the trade you make for convenience. Bitcoin itself barely moved through all of this and sits around $78,000. Would you keep your crypto on an exchange after this, yes or no? #binance #bitcoin #crypto #moneytips #PersonalFinance
11/01/2026 Binance, the world's biggest crypto exchange, reopened withdrawals Sunday morning after a hack that took about $6.3 billion in crypto. Binance says it has already replaced about 95% of what was stolen using its own emergency fund and company money, and that users will not bear the losses. Then customers pulled out more than $4.6 billion in under 10 hours anyway. Those are Binance's own numbers, reported by Reuters: $4.64 billion in withdrawals, $1.01 billion in new deposits, for a net outflow of about $3.64 billion. Binance says that is 2.1% of the $171 billion it holds for customers. An independent tracker, DefiLlama, came up with a similar net figure of more than $3.5 billion. This is how a run works, at a bank or anywhere else that holds your money. The money does not leave when it is gone. It leaves when people stop trusting it will be there. Every exchange and every bank only keeps part of its customers' money ready to go at once, so the real test after a hack is not the loss, it is whether customers believe the next withdrawal will clear. To be fair to Binance, some of that $4.6 billion is simply 2 to 3 days of normal withdrawals that were stuck while everything was frozen. Binance says withdrawal volumes have already declined and are stabilizing as expected. The FBI has blamed a North Korean hacking group for the theft, and about $3 billion of the stolen funds has been frozen. The bigger lesson for anyone holding crypto: on an exchange, you own a promise from the exchange, not the coins themselves. That is the trade you make for convenience. Bitcoin itself barely moved through all of this and sits around $78,000. Would you keep your crypto on an exchange after this, yes or no? #binance #bitcoin #crypto #moneytips #PersonalFinance
မင်းလေးအနားမှာ ဆီဆမ်းဆားဖြူးတဲ့ဘဝလဲမကြောက်ခဲ့ပါ#eimyatthu #ရောက်ချင်တဲ့နေရာရောက်👌 #foryou #foryoupage
မင်းလေးအနားမှာ ဆီဆမ်းဆားဖြူးတဲ့ဘဝလဲမကြောက်ခဲ့ပါ#eimyatthu #ရောက်ချင်တဲ့နေရာရောက်👌 #foryou #foryoupage
#متابعه_ولايك_واكسبلور_احبكم #حركت_الكسبلور❤️😂💬 #حركة_اكسبلورر🙏🙏🙏 #مشاهير_تيك_توك #متابعه_ولايك_واكسبلور_احبكم
#متابعه_ولايك_واكسبلور_احبكم #حركت_الكسبلور❤️😂💬 #حركة_اكسبلورر🙏🙏🙏 #مشاهير_تيك_توك #متابعه_ولايك_واكسبلور_احبكم
#trending #viral #short #healthy
#trending #viral #short #healthy
‏وَأَنَا اخْتَرْتُكَ فَاسْتَمِعْ لِمَا يُوحَىٰ * || القارئ : غيث سمرين || #قران #quran #غيث_سمرين
‏وَأَنَا اخْتَرْتُكَ فَاسْتَمِعْ لِمَا يُوحَىٰ * || القارئ : غيث سمرين || #قران #quran #غيث_سمرين

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