~$6B stolen from Binance. 95% already covered by the exchange. Zero user losses.
Binance absorbed the largest hack in | Hanami
~$6B stolen from Binance. 95% already covered by the exchange. Zero user losses.
Binance absorbed the largest hack in crypto history on its own balance sheet. The incident is drawing attention to security and custody standards, including institutional arrangements behind crypto ETF/ETPs.
Read more on The Stack written by @LowBeta: https://www.grayscale.com/the-stack/what-does-the-binance-hack-mean-to-us-crypto-investors