🔐 $6.3 billion affected. A major test of trust in crypto.
Binance says a security breach has affected an estimated $6.3 billion in digital assets. Around $3 billion has been frozen, and the exchange has pledged to cover all hacking losses. The Irish Times
The investigation is ongoing, with initial findings suggesting a compromised employee laptop may have been involved. ThePrint
Beyond the staggering numbers, this raises an important question: what should customers expect from the platforms holding their assets?
Security, transparency and accountability should be central to that conversation—not just promises of reimbursement.
Does this change how you think about keeping crypto on exchanges?
#Binance #Cybersecurity #Crypto #DigitalAssets
Binance says a security breach has affected an estimated $6.3 billion in digital assets. Around $3 billion has been frozen, and the exchange has pledged to cover all hacking losses. The Irish Times
The investigation is ongoing, with initial findings suggesting a compromised employee laptop may have been involved. ThePrint
Beyond the staggering numbers, this raises an important question: what should customers expect from the platforms holding their assets?
Security, transparency and accountability should be central to that conversation—not just promises of reimbursement.
Does this change how you think about keeping crypto on exchanges?
#Binance #Cybersecurity #Crypto #DigitalAssets
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