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VVZ Crypto | NFT | Web3 🌔 retweeted
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VVZ Crypto | NFT | Web3 🌔 retweeted
hello i'm vvz new promoter here and i will start my hosting journey soon 🔜 i am excited to meet new people and connect with the community🌙😌
VVZ Crypto | NFT | Web3 🌔 retweeted
Well said
If you listen carefully it’s a misplaced anger at his own parents for not making him feel worthy that turned into raging jealousy of other children who had parents that lifted them up and poured into them. He’s projected all of that onto white people. He needs to mend his heart before thinking about running for any office. White ppl haven’t hurt him. He knows exactly who did. Notice how he doesn’t get the satisfaction he was craving when the interviewer simply anchors himself & doesn’t validate that experience. We should all do more of this. Don’t validate anyone’s experience for the sake of temporary bonding.
hello i'm vvz new promoter here and i will start my hosting journey soon 🔜 i am excited to meet new people and connect with the community🌙😌
VVZ Crypto | NFT | Web3 🌔 retweeted
Binance has allocated US$6.34 billion of its own corporate funds to the User Fund. In the current User Fund, BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have all achieved 100% full reserve backing. We will continue to purchase other altcoin assets that are not yet 100% matched through market and over-the-counter (OTC) channels until the replenishment ratio for all tokens reaches 100%.
We completed a new Proof of Reserves snapshot at 08:00 (UTC+8) on October 31, 2026, and have updated it on the Proof of Reserves website. This snapshot presents the latest fully verified asset position and is part of our ongoing commitment to transparency. Because generating zero-knowledge proofs requires substantial computing resources, it is expected to take approximately 40 to 50 hours. If you hold any of the aforementioned ten tokens, you can independently verify, once the complete proof is generated, that your assets are backed by at least 1:1 full reserves. The complete proof is expected to be published on Tuesday, November 3, 2026 (UTC).
VVZ Crypto | NFT | Web3 🌔 retweeted
Tesla and SpaceX have created meaningful wealth for hundreds of thousands of employees over time and improved the retirement savings of hundreds of millions of people
VVZ Crypto | NFT | Web3 🌔 retweeted
My biggest concern is that if there is a clean sweep by Democrats of the House, Senate and Presidency in 2028, they will:
1. Make DC and Puerto Rico states to gain a strong majority in the Senate.
2. Open the borders and legalize everyone living in America illegally to cement a permanent majority.
3. Increase the size of the Supreme Court to gain an immediate majority.
This would result in America becoming a permanent one-party state and the end of democracy in any meaningful sense of the word.
All that is needed to ensure this doesn’t happen is 51 Republican senators in 2029. That is why you should vote for Republican senators this election. Other reasons are irrelevant compared to this one.
VVZ Crypto | NFT | Web3 🌔 retweeted
Our teams are aware of reports of a potential security issue and are actively investigating. User funds are completely safe.
Our security teams are reviewing all relevant information with urgency, and we will provide updates through official Binance channels as soon as we have verified information.
Users should remain cautious of scams and should not trust unofficial links, messages, or requests for account information.
VVZ Crypto | NFT | Web3 🌔 retweeted
User funds are SAFU!
Yet, this pregnant lady 👇 pulled an all nighter, along side hundreds of Binancians.
Many industry friends and even competitors (including some previously-not-so-friendly ones) provided very much needed help. 🙏
It hurts, but we will survive. 💪
VVZ Crypto | NFT | Web3 🌔 retweeted
Seems token recovery already began.
Another little detail in addition to the effort described, users pay trading fees on Binance in the coins they trade, so Binance's naturally accumulates all tokens they list.
Your funds are SAFU!
Binance has begun recovering affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace, freeze and recover additional funds.
The company has already publicly committed to cover losses through company funds in the prior announcement.
Binance has already reserved over $6.34B of company funds to cover this incident. $5B of these funds are already held in the exact token assets that were impacted. We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining token assets and address any asset shortfalls. This step can take longer because some tokens may have low liquidity and OTC settlement also takes time. We will share more progress as soon as we can.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification. Currently, $3bn has been frozen, with thanks to our industry partners. We are working with partners and law enforcement to recover the frozen assets.We will continue to use company resources to cover confirmed shortfall and will provide further verified updates as recovery efforts progress. Ultimately, all user funds will be verified publicly through our Proof of Reserves.
We will weather this storm. Thank you for the support.
VVZ Crypto | NFT | Web3 🌔 retweeted
Saw a few discussions about size of hack, why impact to bitcoin price is small, etc. 👇
$6.3 billion is the biggest in USD terms, but not in BTC terms. MtGox was 650,000 BTC!
Other important numbers to consider:
% of bitcoin (in relation to BTC total supply), ie, market impact. MtGox is big there again at 5%+.
Number of users impacted, and % of user assets impacted. MtGox (the largest CEX at the time) and FTX (not small) were all near 100% of users and their asseets.
Most important: Who is impacted? Does the platform cover it all? (only one victim), as in recent two CEX cases and Binance.
Obviously, still a major disaster for the industry, Binance (and me). It hurts, but we survive.
Most importantly, we protect our users.
(image from @MatthewRoszak)
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