it looks like the engines are starting up again on @BNBCHAIN slowly but surely. TVL is moving again, the DEX volume is back above $1B in a day and more than 2m addresses active in the last 24 hours. still early but the signals are there. remember, always keep an eye on the 🔶

reminder that Binance made proof of reserves a standard. they then took it further with zk proofs so anyone can check their funds are fully backed without exposing anyone’s data. and right now, after what happened last week, that's exactly what they're doing again. new snapshot already live. you don't have to believe them, you can check.

never forget what Binance has done for adoption. never forget how many people learned crypto thanks to them. never forget how many lives Binance has changed. never forget it’s the number 1 exchange for a reason. users choice.

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outflows and inflows, as always. more outflows than usual, with all the panic around the hack which is kind of "normal" in a way. good to mention as well that $1B came back in at the same time. people still trust Binance. time will confirm.

finally a X creator 😅 thanks to all who interact with this account. the rewards received will be used to buy #BNB# for my kids. that’s a commitment i made to my son long ago, as they inspire and motivate me everyday. they are the reason of why i’m here today, building for their future. thanks again to all for making this possible.

you don't lose trust when you get attacked. you lose it when you don't react properly. the industry keeps evolving and so do hackers. It can happen to anyone. but a response like Binance's sets the standard for the future. losses covered with its own funds, users protected first. the real question isn't who can get hit. it’s who will be able to protect you the best when it happens. reason why Binance will remain number one and gain even more trust over the years. reminder: this is just three days after the biggest hack in crypto history.

after the reopening of withdrawals, we can say it. the situation has been handled the best way possible. from @binance itself, but also from the founders. respect to @cz_binance & @heyibinance constantly showing up here to update and reply to everybody. haven’t seen this level of commitment before. keep building.

Withdrawals have now been restored for the following assets and networks: - Ethereum Network: USDC, USDT, ETH - BNB Smart Chain (BSC): USDC, USDT, BNB Please carefully check all details when making a withdrawal, and ensure that your device is secure and the address is accurate. Safety first.💁🏻‍♀️

TLDR of the latest update: 90% of the hacked amount is already covered and the top 10 tokens (BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, ZEC) are fully backed 100%. Binance set aside more than $6.34B of its own funds for this! the SAFU fund was only partially used, to buy the last 10% of less liquid tokens. most of the work was done with Binance's corporate treasury and the excess of the Futures insurance fund. as planned and told many times, users won't bear the cost. Binance absorbs it. SAFU will be replenished back to around $1B, a new Proof of Reserves snapshot is already live, and withdrawals are on track to reopen Sunday, November 1. number 1 reaction/actions.

I think Binance will be OK. Maybe focus on your own shit for once. $6.3B hack. Over $6.34B set aside to cover losses. Nearly $3B already frozen. They're taking responsibility and working on fixing the mess. Many of you clearly weren't around in October 2022. Remember when the BNB Chain bridge was exploited and hackers minted 2 MILLION BNB out of thin air? Around $560M at the time. The entire chain was halted. Imagine the damage to confidence when people realize a blockchain can actually be stopped. Yet they survived, fixed the vulnerability and moved forward. I've seen Binance survive some serious shit over the years. I wouldn't bet against them now. And to all the grave dancers, especially the rekt traders and meme coin gamblers suddenly celebrating: I got liquidated on 10/10 too. You know who I blame? MYSELF. Poor risk management. Too much leverage. Simple. Every couple of years this market gives us a fucking liquidation candle. We've been here long enough to know better. Of course Binance should be held accountable for its mistakes. But accountability and praying for an entire company to collapse are two very different things. And some of you don't seem to understand the consequences. If a giant like Binance actually collapses, you think your bags, your exchanges, your liquidity and your precious meme coins are going to be fine? Mfers, the entire industry would be fighting for survival. You'd be on the streets alongside everyone else. Meanwhile, a pregnant woman with tired eyes is out there explaining the situation while grown men are busy farming engagement from someone else's crisis. Have some fucking shame. Get your own shit together. I believe Binance will recover, and eventually outperform again. GM.

no one can imagine the stress and pressure Binance has been under these past few days. founders, employees, investors, community… but still, the board stepped up like few would have. live updates, and answers to as many people as possible, instantly, nothing held back. most would have weighed the risk of saying a single word. they didn't. just being there up front reassured everyone. i haven't seen them attack anyone or call out anything except the hack. so the minimum that could be done is to stop judging, stop drawing conclusions from words taken out of context, and focus on what matters. @binance handled this the best way possible, so did its leaders. human to the very end. time to keep building.