Binance Web3 Wallet released an announcement emphasizing that while the recent cyber attack targeted third-party crypto projects such as Lifi, Monoswap, and Terra, it did not directly affect Binance Web3 Wallet itself. In response, the security team of Binance Web3 Wallet took proactive measures to reach out to affected users and project stakeholders to find and implement effective solutions. Particularly in cases involving Lifi projects, Binance Web3 Wallet worked closely with Lifi on a streamlined recovery process. Under this process, all Web3 wallet users impacted by the attack will receive full financial loss compensation from Lifi. This demonstrates Binance Web3 Wallet's commitment to user asset safety and protection of user rights.