CZ on the Binance hack: 'serious security failures' and an embarrassing multi-month attack
He says no platform is unhackable, but that can't be an excuse.
Binance co-founder Changpeng Zhao (@cz_binance) weighed in on the Binance hack, saying a hack of this scale means serious security failures happened.
He said no platform is unhackable but that can't be an excuse, that some details are embarrassing, and that it looks like a prolonged multi-month or multi-year attack targeting hundreds of employees and systems.
The post drew about 4,300 likes just after midnight ET.
