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๐Ÿ“Œ @cz_binance Tweeted:
Some thoughts on the recent hack(s).

There is a pattern where hackers were able to steal large amounts of crypto from multi-sig โ€œcold storageโ€ solutions, as with ByBit, Phemex, WazirX and potentially others. In the most recent ByBit case, the hackers were able to make theโ€ฆ

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893274376306356487
๐Ÿ“Œ @cz_binance Replied to @cryptoamanclub:
Mt. Gox is the biggest hack in my worldview. $62 billion USD in today's prices. And I had a few BTC there. Haven't got anything back yet. ๐Ÿคทโ€โ™‚๏ธ๐Ÿ˜‚

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893276623664742748
๐Ÿ“Œ @cz_binance Replied to @TomDwan:
Yeah, tried to help. Pausing withdrawals usually do not make things too much worse. If you have the assets, people can always withdraw them later. (Of course, prices could fluctuate, there could be liquidations on futures, etc.)

On the other hand, if, god forbid, there was aโ€ฆ

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893281227047604632
๐Ÿ“Œ @cz_binance Replied to @MustacheTommy:
๐Ÿ™

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893281400373055505
๐Ÿ“Œ @cz_binance Replied to @RickHankDavid:
@TomDwan The common goal on both sides is to ensure the assets are safely protected.

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893283168624505203
โค1
๐Ÿ“Œ @cz_binance Replied to @DogecoinKenya:
@cryptoamanclub Vaguely remember I had around $50k in there at the time. Memories could be fuzzy.

So, maybe around 100 BTC ish. ๐Ÿ˜‚

In the future, what they would do is, we will pay you 100%, at 2014 prices. ๐Ÿคทโ€โ™‚๏ธ

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893285648255078695
๐Ÿ“Œ @cz_binance Replied to @ElliotsCrypto:
@DogecoinKenya @cryptoamanclub Not too sure at all, now that you asked.

It hasn't been that long, only 11 years ago. ๐Ÿ˜‚

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893290789456748832
๐Ÿ“Œ @cz_binance Tweeted:
I donated $100k (150 BNB) from this address. Now the address has received more than $1m back. I will not keep any of coins/tokens for myself.

What should I do with it? Add to an LP pool? Airdrop? Donate to a charity? Send to a burn address? Any other ideas?

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893320359572623480
๐Ÿ“Œ @cz_binance Tweeted:
I donated $100k (150 BNB) from this address. Now the address has received more than $1m back. I will not keep any of coins/tokens for myself. What should I do with it? Add to an LP pool? Airdrop? Donate to a charity? Send to a burn address? Any other ideas?

Serious question.โ€ฆ

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893321012432834931
๐Ÿ“Œ @cz_binance Replied to @cz_binance:
Please not the "send it to me" suggestions. I won't have the capacity to verify individuals. It has to be action to a community.

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893321376334799314
๐Ÿ“Œ @cz_binance Replied to @MisterNarcos:
YZiLabs already doing the investing part.

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893324833263432171
๐Ÿ“Œ @cz_binance Replied to @mossab_hussein:
that's a good idea for YZiLabs to implement.

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893324978969264348
๐Ÿ“Œ @cz_binance Replied to @DogukanLive_:
BNB also has a grant program for utility/good projects. Don't need to use this fund for it.

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893326022164009151
๐Ÿ“Œ @cz_binance Replied to @bene_ctb:
good to know.

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893326132096663613
๐Ÿ“Œ @cz_binance Replied to @btcohmann:
1.7 million tx already ๐Ÿ˜‚, because someone did some campaign...

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893326451446800613
๐Ÿ“Œ @cz_binance Replied to @Eljaboom:
Giggle Academy is already doing the free education part.

Binance built more than 100 schools in Africa. But I still feel the impact is not enough or scalable. That's why Giggle Academy is fully digital, and scalable. Teaching more than 6000 kids already.

๐Ÿ”— ะ˜ัั‚ะพั‡ะฝะธะบ: https://x.com/cz_binance/status/1893326879387435279