Binance Hack: User Funds Secure

The world's largest cryptocurrency exchange, Binance, has confirmed a hack that affected significant volumes of assets. The security team is conducting an emergency investigation into the incident.

Changpeng Zhao, former CEO of the platform, publicly stated that user funds are safe. He thanked Tether and Circle for the swift freezing of suspicious transactions.

According to the former executive, assets worth approximately $971 million in USDT and $823 million in USDC were frozen. Zhao, remaining a shareholder, expressed confidence in full compensation for clients' losses.

Binance's official statement indicates that cybersecurity specialists are reviewing all available information. The company commits to publishing updates through official channels once verified data is obtained.

The platform urges users to remain vigilant and avoid clicking on unofficial links. Special attention should be paid to suspicious messages and requests for personal data to prevent fraudsters' actions.