AT LEAST WE'RE SAFE ๐
There have been no widely reported hacks directly targeting Binance in 2025 based on available information. The most recent significant Binance-related hack occurred in October 2022, when the Binance Smart Chain (BNB Chain) was exploited, resulting in the theft of approximately $570 million in BNB tokens, though only about $100โ$110 million remained unrecovered. Binance quickly contained the issue, froze some funds, and ensured user accounts were safe
However, posts on X and recent discussions highlight ongoing security concerns in the broader crypto space. For instance, a February 2025 hack targeting Bybit, another major exchange, led to $1.5 billion in losses and drove significant inflows to Binance as users sought safer platforms. Additionally, a May 2025 post on X referenced malicious code found in a Binance wallet label, suggesting potential vulnerabilities in associated smart contracts, though no confirmed breach was reported.
#EthereumSecurityInitiative #๐๐๐ #MastercardStablecoinCards #BinancePizza
