This massive theft in the crypto industry could be devastating! It's not that I'm worried about Binance being unable to withdraw funds. With Binance's profits, it can withstand a $6 billion theft (plus $3 billion being held). The key issue is the loss of confidence in the crypto industry. Even the world's largest exchange has been hacked—is there any safe haven left? This industry is incredibly shaky! Furthermore, the stolen tokens are primarily USDT and USDC. Binance's asset reserves are in BTC and ETH. When users want to withdraw USDT, Binance can only sell its BTC and ETH reserves to obtain USDT. This could lead to an overall drop in the price of cryptocurrencies, unless interbank lending helps.