#Write2Earns One of the most dramatic scenes in Binance's history occurred in May 2019 when the exchange suffered a major security breach. Hackers managed to steal over 7,000 Bitcoins (worth approximately $40 million at the time) from Binance's hot wallet. In response, Binance immediately suspended all deposits and withdrawals and launched a thorough investigation into the incident. Despite the breach, Binance managed to maintain transparency and integrity throughout the process, reassuring users about the safety of their funds. The exchange also swiftly implemented additional security measures and reimbursed affected users through its Secure Asset Fund for Users (SAFU). This event highlighted both the vulnerabilities within the cryptocurrency ecosystem and Binance's resilience in handling crises.#BinanceLaunchpool #bitcoinhalving #Write2Earns