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JackYi: Binance's profits are sufficient to cover the losses from the hack, the core issue is how to prevent a second theft.

Source: x.com Event types: Security/Hacker
JackYi (@Jackyi_ld), founder of Liquid Capital, stated in a post that, based on the current situation, Binance's profits are sufficient to cover the amount stolen in this incident, with no issues regarding asset security or liquidity, making it entirely different from the FTX event back then. He believes the core issue at present is how exchanges, including Binance, can prevent secondary thefts. The market worries whether hackers' attack capabilities in the AI era have surpassed exchanges' defensive capabilities, and whether hackers have planted hidden vulnerabilities in exchange systems. He called on exchanges to publish detailed and reliable security protocols to users.

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