CZ confirms hack on Binance, says user funds safe and fully covered, thanks Tether and Circle for freezing ~$971M

Binance co-founder Changpeng Zhao confirmed the activity "does look like a hack on Binance," said user funds are safe and expected to be fully covered, and thanked Tether and Circle for freezing about $971 million tied to the exploit. The reported loss is around $2.7 billion.

Detected & updated continuously · Source: Nebula