Trader | Community Manager @Binance
Ghana
Joined May 2013
- Tweets857
- Following250
- Followers1.1K
- Likes3.1K
Mark Nutefe Brain retweeted
Binance Co-CEO Richard Teng: “We now are operating, we are protecting every user, and we are extremely thankful for our users’ confidence and trust”
Speaking with @DarrenBotelho on @FoxBusiness, Richard explained how Binance is protecting users and replenishing impacted assets, with 98% now restored - this is fully verifiable through our Proof of Reserves.
User funds remain safe. Binance absorbs the financial impact, not our users.
Mark Nutefe Brain retweeted
Binance hourly deposits EXCEED withdrawals. 👀
According to public reports, only 6-10% of withdrawals went to other CEX. Majority went to self-custody wallets, and have not interacted with a DEX yet. Stay safe. 🙏
Mark Nutefe Brain retweeted
eligible users can claim a 100 USDC Spot fee rebate voucher, share 20,000,000 USDC, and earn up to 10% APR.💁🏻♀️
Trust is earned, and we’re grateful for the confidence you place in us. #ThankYouBinancians
This campaign reflects that appreciation: eligible users can claim a 100 USDC Spot fee rebate voucher, share 20,000,000 USDC, and earn up to 10% APR.
Learn more 👉 binance.com/en/support/annou…
Mark Nutefe Brain retweeted
A little something that's not mentioned, and ppl may not even think about:
Binance did not borrow money
Binance did not sell assets
Binance did not raise money
Binance covered from its balance sheet.
This differs from other incidents that people keep wanting to compare to. 🙏
Mark Nutefe Brain retweeted
Latest Withdrawal Update
Withdrawals have now been re-enabled for the following networks and assets:
New:
✅ ARBITRUM: ARB, ETH, USDT, USDC
✅ TRX: TRX, USDT
Already Enabled:
✅ BTC: BTC
✅ ETH: ETH, USDT, USDC
✅ BSC: BNB, USDT, USDC
✅ XRP: XRP
✅ Base: ETH, USDC
✅ DOGE: DOGE
✅ OP (Optimism): ETH, USDT, USDC
We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels.
Latest Withdrawal Update
Withdrawals have now been re-enabled for the following networks and assets:
✅ BTC: BTC
✅ ETH: ETH, USDT, USDC
✅ BSC: BNB, USDT, USDC
✅ XRP: XRP
✅ Base: ETH, USDC
✅ DOGE: DOGE
✅ OP (Optimism): ETH, USDT, USDC
We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels.
Mark Nutefe Brain retweeted
A message from Binance's Co-CEO, @_RichardTeng.
Mark Nutefe Brain retweeted
Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions. We have found no evidence of any wallet private key leak. We will share a detailed technical post-mortem once the investigation is complete and the facts are fully verified.
The estimated total impact sits at around $6.3B. We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.
Binance will cover all losses from the SAFU fund and the company’s funds. User funds are safe. We will also publish an updated Proof of Reserves once the remediation is complete.
As an immediate precaution, Binance has:
- temporarily suspended deposits and withdrawals while security checks are completed;
- revoked the affected address authorisation;
- engaged law enforcement and blockchain intelligence partners to trace and recover funds.
Our teams are working around the clock to resolve this issue safely and thoroughly. We are working closely with our law enforcement partners to confirm the identity of these criminals and bring them to justice.
Please rely only on official Binance channels for updates. Please feel free to contact Binance Customer Support if you have any further questions.
binance.com/en/support/annou…
Mark Nutefe Brain retweeted
User funds are safe.
Binance will cover all hacking losses.
Deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement.
We will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
Mark Nutefe Brain retweeted
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.
Mark Nutefe Brain retweeted
Binance African University Tour Ho Technical University (HTU) and University of Health and Allied Sciences (UHAS) #BinanceInYourCity
#BinanceInHo
@binance @BinanceAfrica @JosephTonyHill1
Mark Nutefe Brain retweeted
Expanding knowledge, building connections, and diving deep into crypto at #BinanceInYourCity Nairobi today. Let’s keep building. 📈🔥
@BinanceAfrica
Today I am live in Nairobi! Expecting to interact with our community. Would love to catch up with @Mungati_ , @estherblishedk & @Robic_Vic
@BinanceAfrica
#BinanceInYourCity
Mark Nutefe Brain retweeted
The market has a lot to say. Most of it is just noise.
Binance AI helps you focus on what matters, from stocks to crypto, prices to trending topics, and what top traders are watching.
Built around you. Available 24/7.
👉 binance.com/en-NG/AI-overvie…
Mark Nutefe Brain retweeted
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No price-triggered liquidation during the initial 30-day term.
0.5% promotional fee for a limited time
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