$6.3 billion attack confession from Binance founder: There is no 100 percent security

Binance co-founder Changpeng Zhao confirmed a $6.3 billion cyberattack on the world's largest cryptocurrency exchange, stating that no users suffered losses and that withdrawals have returned to normal. Zhao said the incident demonstrates that 100% security is not achievable on crypto platforms. The scale of the attack makes it one of the largest ever reported in the crypto sector and puts exchange security and reserve transparency back in focus. What to watch next: Binance's detailed post-mortem on how the breach occurred, any regulatory response, and whether user flows and trading volumes hold steady in the coming days.