Big news in the world of cryptocurrency! A company called Bybit lost a huge amount of money because of hackers. This made Binance, another big cryptocurrency company, want to make the whole cryptocurrency world safer.
Binance wants everyone to agree on better safety rules to protect people's money. They already have lots of safety measures in place, but they want even more!
- Binance is pushing for better security standards.
- A huge hack of Bybit showed how important safety is.
- Binance has its own safety fund to help users if something bad happens.
| Problem | Number |
|---|---|
| Bybit's loss from the hack | $1.4 billion |
| Binance's prevented losses in 2024 | $1.2 billion |
Binance thinks safety is super important and wants everyone to work together to make cryptocurrency safer for everyone.
