If the hacker able hack the exchange, it's a matter of time that they will hack your personal wallet.
not really!
most cases of exchange hacks are either a fake story by the exchange that is trying to pull a scam or is an inside job because that exchange had no idea how to properly secure their wallets. otherwise the cases of individuals getting hacked is so few and the cases of individuals who bothered learning what "cold storage" means and did it correctly is 0.
We already enter year 2019 but hacker still able to hack, it's really difficult for me to explain the great side about crypto
that has nothing to do with "crypto" or "side" of it. it is all about "services" and their lack of knowledge about security.
I think if you know what you are doing like setting-up your own firewall or layering the security, the chance of hacking your own wallet by someone else is very slim.
We don't know exactly what kind of security Binance had. Was it really tight and secure considering that they are one of the top exchanges?
Their security team should know how to guard their fence really tight because we're talking about billions of dollars that they are holding.
We don't know the real story here. But one thing for sure, their clients' funds are safe, they will cover those losses in case.