$BTC $ETH $BNB 🚨 Binance Hack — What Happened?

On July 18, 2025, Binance experienced a security breach in one of its internal operational wallets, resulting in the theft of approximately $44 million. The affected wallet was used strictly for platform operations, not for holding user assets. The breach occurred due to a server compromise, and the stolen funds were quickly moved across various blockchain networks.

✅ Key Points:

• User funds are completely safe — all customer assets remain secure in cold storage.

• Binance will absorb the loss using its own funds — no impact on users.

• The compromised wallet has been isolated, and a full security investigation is underway with the help of leading cybersecurity experts.

• Binance is launching an expanded bug bounty program to proactively identify and fix vulnerabilities.

🔐 Reminder:

Even major platforms can be targeted. For long-term holders, non-custodial wallets (where you control your keys) remain the safest way to store crypto securely.