CZ says Binance has 90% of the funds covered from the hack and says they will buy the remaining 10% OTC. That should put an end to the bleeding and allow a bounce to happen.
Until the next hack…
Well, the costs and expenses with the operation of recovery and repurchase of lost customer assets, probably came out of the company's profit, and will probably be discounted in the tax accounting... scams and scams happening, but this one, the 'feds' are worried, after all, the biggest theft of all time in the world! and as Paashaas said, a big event like this, and the price only dropped a little, indicating a good support, apparently.... wait for Monday's closing to see if this lock in the 77k will consolidate and there will be no more manipulations to buy back cheaper and in a way reduce their losses...
..as no one has said anything yet...
I'm leaving the guys' link here... in a way they're worried...
North Korea Responsible for $6 Billion+ Binance Attack
The Federal Bureau of Investigation (FBI) is releasing information advising the Democratic People's Republic of Korea (North Korea) was responsible for the theft of more than $6 billion USD in virtual assets from cryptocurrency exchange Binance, on or about October 29, 2026. The FBI refers to this specific North Korean malicious cyber activity as "TraderTraitor."
The FBI, together with partners at the USSS and IRS-CI, has observed TraderTraitor actors converting stolen assets primarily into Ethereum (ETH). It is expected these assets will then be further laundered by converting them using DeFi and instant swap services as they prepare them for further laundering stages.
How you can help
FBI, USSS, and IRS-CI are urging private sector entities including THORNode operators, RPC node operators, instant exchanges, DeFi services, blockchain analytics firms, and other virtual asset service providers to block transactions with or derived from addresses TraderTraitor actors are using to launder these stolen assets. See the full list of addresses below.
ReportingThe FBI maintains its commitment to protecting the virtual asset community by identifying, mitigating, and disrupting North Korea's illicit cybercrime and virtual asset theft activities. If you have any information to provide, please contact your local FBI field office or FBI's Internet Crime Complaint Center at ic3.gov.
AddressesThe following addresses are holding or have held assets from the theft, and are operated by or closely connected to North Korean TraderTraitor actors:
ETH addresses
0x.....
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I wonder if CZ checked to make sure Binance still has custody of those shares... securing assets doesn't seem to be their
'forte'. securing assets doesn't seem to be their forte.
(translated with tool-translater to portuguese>Proteger ativos não parece ser o
'forte' deles.)
my translation, like i read on my native language>
Segurança com ativos nao parece ser seu
'forte'> "doesn't seem to be their 'forte'", or "nao parece ser o seu forte",
...
it's a term well used here that fits well in the way you used it, as if there were facts that lead to understand that the person is not good at this or that, so if you say, it doesn't seem to be your forte, which leads me to doubt, if, "forte" is a word from the English language, and the term used is also the same.... only this doubt , because, when i type= " nao parece ser o seu forte " In the translator I use, it appears as you wrote, but in other versions it appears, "doesn't seem to be your strong point", I'm just saying that this expression of the way it was put caught my attention... I'm sorry for something...only a doubt that keep kicking on my mind....
,,,
,,,but sorry again and then, related to the subject... google is creating a product that will go on sale in early 2027... hehehe... they don't waste time.... they create threats and then sell solutions...>
Google Develops Crypto Security System to Counter Cyberattacks
by James Maguire:
Google is introducing a security platform designed to protect cryptocurrency and other digital assets from cyberattacks. The new Google Multi-Party Compute (MPC) service is built for financial institutions that need stronger security for blockchain transactions and digital asset custody.
The platform, which Google is showcasing at its digital assets symposium in New York, is currently being tested by several major financial institutions, according to CoinDesk. Google expects to launch the commercial version in early 2027. Pricing has not been announced.
Alphabet, Google’s parent company, has
already deployed the technology to protect its own digital assets on the Ethereum and Solana blockchains. Google has not disclosed which assets it holds or named the banks participating in the product’s testing.
The security platform is built to reduce the theft of private cryptographic keys, which are used to authorize the transfer of digital assets. This theft is a major weakness in cryptocurrency infrastructure.
Blockchain analytics firm Chainalysis says that
stolen private keys accounted for 43.8% of cryptocurrency theft in 2024. Data from DeFiLlama indicates that blockchain projects had suffered a cumulative $16.69 billion in losses from hacks and exploits as of June 2026, with approximately 40% attributed to
compromised private keys. Recent breaches highlight the
costs of inadequate key protection. In June, attackers stole more than $32 million from at least 17 wallets associated with Humanity Protocol after compromising a foundation member’s private keys. The attack also contributed to a decline of more than 80% in the project’s token value.
Distributing Credentials
Google’s MPC technology is designed to make these attacks more difficult by distributing the cryptographic credentials required to authorize transactions across multiple computing environments. Rather than maintaining a complete signing key on one system, the technology distributes control among separate computing environments, with support for additional cloud providers and customer-operated systems planned.
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well, it may be that 'CZ' will stop spending money on the new google product, and other ETF holders and etc,... but somehow this reading leads me to understand that these ETF bitcoins are somehow leased in smart contracts... they couldn't, since they don't know how to prove that each BTC ETF has its collateral..., but only they know about this proof..., well I don't know if there is any open to the public, so I think these BTC ETFs are still a speculative scam... and it doesn't serve as real BTC, just another printed money that doesn't use paper.... well, but it's just one more thing that I thought excessively...
...
but at the same time I still think, this business of them always sending bitcoins that came from seized addresses and etc to CoinBase could be a sign that they don't understand security very well, or send them there to settle under the table? Just as Tether has Treasury bonds in its reserves, Coinbase would also have? I don't know, but later the custody of these bitcoins is strange.