Quote from: Nestade on May 11, 2019, 01:41:24 PM

Quote from: sehoon on May 11, 2019, 01:28:35 PM

There is no such thing as beginning to look like a year of hacks. We really can't blame binance for getting hacked. People who lost their funds are also responsible for losing it. Funds staying in exchange sites are not really recommended since exchange sites getting hacked is not something new. Binance did their best when it comes to security and we should also do our best since it is our own money.

Nobody lost their funds as Binance "replaced" the stolen funds from the "Secure Asset Fund for Users" (="SAFU").
https://www.binance.vision/glossary/secure-asset-fund-for-users

But you're right... always transfer your funds to your own wallet after you've finished trading.

I would also like to add to it that not to hold large balances in exchange. Who knows when exchange might get hacked or plot something and coming up with public statement that they were being hacked.