Molly White (she runs web3isgoinggreat) seems to think this is real [0]
[0]: https://bsky.app/profile/molly.wiki/post/3mz27m5slcc2o
Her reporting is superb and you should follow her: https://www.citationneeded.news/.
Read a few, added to my rss reader :) that's the same author as https://www.web3isgoinggreat.com/ which is feels a bit more snarky but very fun.
Some further writing from her: https://www.citationneeded.news/binance-theft/
I love how @cz_binance tweeted "user funds are safe!" in that thread. Wasn't that a bit too early? Are they?
They are as long as the company doesn't fold, yes.
Binance/Coinbase use hot wallets, they are not stolen from actual user accounts.
This is real.
Her reporting is superb and you should follow her: https://www.citationneeded.news/.
Read a few, added to my rss reader :) that's the same author as https://www.web3isgoinggreat.com/ which is feels a bit more snarky but very fun.
Some further writing from her: https://www.citationneeded.news/binance-theft/
I love how @cz_binance tweeted "user funds are safe!" in that thread. Wasn't that a bit too early? Are they?
They are as long as the company doesn't fold, yes.
Binance/Coinbase use hot wallets, they are not stolen from actual user accounts.
This is real.