Crypto trader "DoomXBT" announced that he lost $70,000 worth of digital assets as a result of a security breach in his Binance account 😱. Even though there is two-factor authentication, the account's security measures have been compromised. Binance CEO Richard Teng stated that security officials are investigating to resolve the situation. This incident comes after Binance announced that over $4 billion was lost in customer deposits due to misdirection.