A massive $6.3 billion theft, the largest in history, led many to predict Binance's demise. However, ZK's proof of reserves revealed that all 10 cryptocurrencies had ratios above 100%, none faltering. The fleeing funds were all in USD: $2.5 billion was withdrawn in USDT and $1 billion in USDC. The inflow was all in cryptocurrencies: BTC actually increased by 3,600 coins, while SOL and ZEC each increased by 5%. Retail investors fled with their USD, while smart money rushed in with cryptocurrencies. The theft was patched up with 95% of the losses in three days; this balance sheet is stronger than your bank's. What's the panic? BTC Binance