UPDATE: 🚨 Binance co-CEO Richard Teng says only the exchange’s own hot wallet was affected, not customer funds, with the vast majority of user assets held in cold wallets…
Original source excerpt
UPDATE: 🚨 Binance co-CEO Richard Teng says only the exchange’s own hot wallet was affected, not customer funds, with the vast majority of user assets held in cold wallets untouched by the incident. …
UPDATE: 🚨 Binance co-CEO Richard Teng says only the exchange’s own hot wallet was affected, not customer funds, with the vast majority of user assets held in cold wallets untouched by the incident. He adds that withdrawals are on track to resume within 40 hours, with a full Proof of Reserves report by Monday.
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