Threadguy explains why massive exploits like the Binance hack are terrible for crypto and market sentiment

First reported Oct 29, 2026, 22:12 UTC

Source reports

Threadguy explains why massive exploits like the Binance hack are terrible for crypto and market sentiment “I don't care what you say about it, this is bad, it's bad” “Yes you're going to get made whole, yes Binance has a hundred and fifty billion dollars, yes they're going to… — @mostluckiestmax (X), Oct 29, 2026, 22:12 UTC
This is f*cking shocking, and extremely scary… Biggest hack in crypto history. -5.6 billion drained. Yes, with a B. If the largest exchange in the world isn't safe, what is? — @milesdeutscher (X), Oct 29, 2026, 22:23 UTC
We use Binance for one of our business crypto accounts, so waking up to a $ 6B+ hack is pretty concerning. If even Binance isn’t safe, what are we supposed to use? — @0xAbhiP (X), Oct 30, 2026, 05:40 UTC

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