Posts and discussion tagged #binance on DFace.
DFace NewsBinance has reopened cryptocurrency withdrawals after losing $6.3 billion in digital assets during a heist that took about 20 minutes on October 29. The exchange had suspended withdrawals across several networks following the theft. The process is being rolled out gradually.
Would you keep funds on a large exchange after a major theft like this?
#binance #cryptoheist #cryptocurrency #exchang…
Source: Digital Trends
DFace NewsCryptocurrency exchange Binance has covered 90% of the losses from a $6.3 billion hack, according to the company. Two analytics firms report that their intelligence strongly suggests a North Korean state-backed hacking group is responsible for the theft.
Do you think crypto exchanges should be required to hold insurance for hacks?
#binance #cryptohack #northkorea #cybersecurity #cryptocurren…
Source: BBC News
DFace NewsThe world's largest cryptocurrency exchange has suffered a theft of $6.3bn in digital assets, described as the largest heist in history. Experts point to North Korea as the likely culprit. Binance says it has frozen roughly $3bn of the affected funds and will cover all customer losses.
How much trust do you place in centralized exchanges versus holding your own crypto?
#cryptosecurity #…
Source: The Guardian
