User funds are safe!
It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m).
I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.
Binance may have been drained for $2.6B.
Suspicious outflows to fresh wallets funded through Tornado Cash are raising concerns.
$XMR is pumping.
If this turns out to be real, we could see Bitcoin below $70K.
I’m not a Hyperliquid hater, but one thing I’ll never understand is:
How has nobody managed to build a serious competitor?
We’ve seen Aster and even Coinbase enter the space, but the UX is literally unusable.
Why is there still no good perps competitor on Solana?