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Binance Discloses Additional Breach Points in $6.3 Billion Attack
(2 hours ago) · 1 source · Summarized by CryptoBipto
Binance has reported that investigators have identified additional points of compromise in the $6.3 billion attack on the exchange. The disclosure suggests the breach was more extensive than initially understood. Details about the full scope and recovery efforts are still emerging.
WHY IT MATTERS
When you store cryptocurrency on an exchange like Binance, the exchange holds your funds on your behalf, similar to how a bank holds your money.
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SOURCES
- thedefiant.io
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