Crypto

Binance’s $6.3B hack leaves questions over hot wallet safeguards

Summary

Blockchain analysis reveals a massive multi-billion-dollar breach at Binance involving repeated wallet drains. However, security experts note that public records cannot verify the platform's internal transaction limits or signing controls.

Experts say blockchain records show repeated wallet drains but cannot establish Binance’s internal signing controls or transaction limits.

Source: Read the full story at Cointelegraph.com News

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