🚨NEW: Lots of people are asking: “Binance just got hacked for $6 billion. How can they say funds are safe?” According to a Binance spokesperson, customer funds were not affected. The money drained came from one of the exchange’s own hot wallets. Binance says most customer funds are held in cold wallets and moved to hot wallets only when users make withdrawals. “Most of what we earn from day-to-day operations is held in crypto assets. We have kept a lot of them in the company, and reinvested them — into the business, and into security. Because we believe in crypto, and in the long-term value of this industry,” the spokesman said. “That is precisely why we are able to absorb a loss of this size, immediately, with our own money.”