'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack
Binance co-founder Changpeng Zhao asked Elon Musk to stop 'trolling' after a $6.3 billion hack. Zhao pointed to Binance's $1 billion-plus stake in SpaceX, owned by Musk. The hack revived crypto fears and Binance pledged to cover billions in stolen assets.
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- ✓ Binance was hit by a $6.3 billion hack.
- ✓ Binance has a stake in SpaceX worth over $1 billion.
- ✓ Binance pledged to cover billions in stolen assets after the hack.
What changed
Changpeng Zhao publicly asked Elon Musk to stop 'trolling' about the hack.
Live updates
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Binance hack: CZ asks Elon Musk for respect
Binance co-founder Changpeng Zhao asked Elon Musk to stop 'trolling' after a $6.3 billion hack. Zhao pointed to Binance's $1 billion-plus stake in SpaceX, owned by Musk. The hack revived crypto fears and Binance pledged to cover billions in stolen assets.
Why it matters
The hack occurred on Binance, one of the largest cryptocurrency exchanges. The incident has sparked concerns about crypto security and market stability. Binance has a significant stake in SpaceX, which is owned by Elon Musk.
What is confirmed
- Binance was hit by a $6.3 billion hack.
- Binance has a stake in SpaceX worth over $1 billion.
- Binance pledged to cover billions in stolen assets after the hack.
Still unconfirmed
- North Korean hackers were behind the $6 billion theft from Binance.
What to watch next
- Elon Musk's response to Changpeng Zhao's request
- Further details on the Binance hack investigation
- Impact on crypto market stability
confidence 85%Sources used for this update (11)
- digg.com — Microsoft, Alphabet and 14 others object to OKXICE’s tokenized-stock plans · Digg
- www.cnbc.com — Oil today: Iran, US, crude, wti, brent, trump
- BBC — Binance hack updates: Crypto giant hit by $6.3bn hack
- The New York Times — Binance Grapples With ‘Security Incident’ That May Cause $6.3 Billion in Losses
- CNBC — 'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack
- NBC News — Binance pledges to cover billions in stolen assets after hack revives crypto fears
- The National Desk — North Korean hackers steal over $6 billion from the largest cryptocurrency exchange
- www.cnbc.com — Binance hack: Zhao asks Elon Musk to stop trolling - CNBC
- www.businessinsider.com — Binance Cofounder Tells Elon Musk Its a 'Bad Time to Troll ...
- www.hindustantimes.com — Binance founder CZ tells Elon Musk to stop mocking $6.3 ...
- news.bitcoin.com — CZ Tells Elon Musk to Stop Trolling Over $6.3B Binance Hack ...
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