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It's worth noting they have an emergency fund set aside for this purpose. Every penny lost is said to be covered.

Time will tell if that holds true of course.

Personally, I think their professional handling of the hack is partially responsible for the recent surge in investor confidence.

Hacks will happen. Binance is far from perfect. But the way they prepared for, and handled the hack is to be commended IMHO.

https://www.binance.com/en/support/articles/360028031711 https://www.binance.com/en/blog/333497959022997504/Binance-S... https://www.binance.vision/glossary/secure-asset-fund-for-us...



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