A sad day with Binance because the amount of 40.7 million dollars is a huge amount. I hope that it doesn't make the market fall too much. At any time, the exchanges are always the target of pursuit and Hackers attack. Therefore, trading floors must always improve their security level to reduce risks. This is also a decisive factor for investors' ability to invest because they will fear and fear to lose your money.
That is very sad, Binance has very well known exchange and one of the big crypto exchange. There is a possibility that the hackers are aiming already their intentions to hack and waiting for the opportunity to grab. Even how strong putting security level on the exchange but hackers now are getting smarter day by day.
Only 2% had lost on Binance but on us, that is a huge amount. So, they have a lot of bitcoin on their hot and cold wallet. We should not put a huge amount on exchange we should have a control to our savings wallet, not on exchange.