All right, everyone. Welcome back to another Crypto Daily 3 at 3. So let's dive right in.

Our first topic is this Binance KYC hack or leak. And so obviously anytime there's an accusation of a leak or a hack like this,

it's super important to really kind of dig in rather than just spread

fud. So I wanted to share what seems clear what we know so far, but not try to kind of

overstate things. So basically, over the course of the last few hours earlier today, a hacker

started popping up saying that they were, effectively,

they had Binance K-Y-C information. They were trying to get people to confirm it via a telegram

group, asking them for additional information. And so Binance, basically, their first statement

was C-Z tweeting out, hey, hold on, let us look into it.

We've heard similar things.

Their next statement was this blog post statement on false, quote, KYC leak.

So a few different things they say here.

First and foremost, there are inconsistencies when comparing this data to the data in our

system.

At present time, no evidence

has been supplied that indicates any KYC images have been obtained from Binance. Second, they say

that this was the, they think that it's the same data set from the Binance hack from earlier this

year where someone got away with 7,000, 7,000 bitcoins, right?

So we'd already heard about that.

So this is really important that even if this hack is legitimate, it's not new.

It's just they got more in that hack than we had thought about.

So it's not a second unique compromising of the finance system.

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