CZ Says No Crypto Platform Can Be 100% Secure After Binance’s $6 Billion Hack
Binance founder Changpeng Zhao (CZ) discussed the exchange’s reported $6 billion crypto hack in an interview with Yahoo Finance’s Brian Sozzi.
“There’s no 100% security,” CZ said, noting that running any platform, especially a crypto exchange, always carries the possibility of a security breach.
He added that he had not expected an incident of this magnitude, highlighting the scale of the attack and the ongoing cybersecurity challenges facing the crypto industry.