BSCN(@BSCNews):CZ Says Binance Hack Exposed 'Serious Security Failures' Binance co-founder (@cz_binance) says the exchange cannot use the fact that no platform is unhackable to excuse its security failures. The October 29 attack was not a simple breach. It reportedly followed a prolonged campaign targeting hundreds of employees and systems. "Every incident exposes weaknesses that should have been prevented," CZ noted. "Some details are embarrassing." As a shareholder, CZ expects the exchange to explain what happened and take responsibility.

2026.11.04 05:58

CZ Says Binance Hack Exposed 'Serious Security Failures' Binance co-founder (@cz_binance) says the exchange cannot use the fact that no platform is unhackable to excuse its security failures. The October 29 attack was not a simple breach. It reportedly followed a prolonged campaign targeting hundreds of employees and systems. "Every incident exposes weaknesses that should have been prevented," CZ noted. "Some details are embarrassing." As a shareholder, CZ expects the exchange to explain what happened and take responsibility.