Liquid Capital founder Yi Lihua said Binance’s earnings are sufficient to cover losses from the latest theft and that the exchange’s asset safety and liquidity remain intact. He said the situation is completely different from the collapse of FTX.
In his view, the main issue now is not only the incident itself but how trading platforms, including Binance, can prevent a second breach. He said market concern extends beyond the current attack to a broader question: in the AI era, have hackers’ offensive capabilities started to outpace the defensive systems used by exchanges?
Yi also raised the possibility that attackers may have left additional security risks inside platform systems. He argued that Binance and other trading venues should provide users with a detailed response plan that can reassure the market about how security risks are being handled.
According to ChainCatcher, Liquid Capital founder Yi Lihua said in a post that, based on the current situation, Binance’s earnings are enough to cover losses from the latest theft. He said the exchange’s asset safety and liquidity are not in question and described the situation as completely different from the FTX episode.
Attention shifts to follow-up security measures
Yi said the central issue now is how trading platforms, including Binance, can prevent a second breach. In his view, the market is worried not only about the current incident itself, but also about whether, in the AI era, hackers’ attack capabilities have become imbalanced with the defensive capabilities of trading platforms.
He also said there are concerns that attackers may have left other security risks inside platform systems. Yi argued that Binance and other trading platforms should provide users with a detailed security response plan that gives them confidence.
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