Binance Phishes Its Own Employees Every Month and India Censors Crypto Code — Here's What's Going On in Asia

WHY IT MATTERS

Think of phishing like a scam email that tries to trick you into clicking a bad link or giving away your password. Binance is essentially sending fake scam emails to its own employees every month to make sure they don't fall for real ones — like a fire drill, but for cybersecurity. This matters because if an employee at a major exchange gets tricked, hackers could potentially access systems that hold billions of dollars in customer funds. On the India side, imagine if a government blocked access to the source code of a messaging app just because it was related to crypto. That's essentially what's happening with BitChat. For people new to crypto, this is a reminder that in some countries, governments aren't just regulating how you buy and sell crypto — they're also trying to control the tools people use to communicate about it.