Binance founder Changpeng Zhao (CZ) expressed dissatisfaction with Safe's handling of a recent hacking incident.
CZ's Criticism of Safe
CZ noted that Safe failed to provide a detailed explanation of the recent incident, raising concerns within the crypto community.
Unanswered Questions About Hacking Access
There are many unanswered questions, especially concerning how hackers infiltrated the vulnerable machine and how developer machines had access to Bybit-operated accounts.
Binance's Statement on Not Using Safe
CZ clarified that Binance does not use Safe for asset storage, aiming to reassure users about the safety of their funds.
The incident highlights the importance of robust security measures and transparency in the crypto industry to maintain user trust.