Coinex founder Haipo Yang says the $6.3 billion Binance hack came down to three avoidable errors that needed discipline, not advanced technology, to prevent. Industry Veterans Weigh-In The founder of rival exchange Coinex weighed in on the largest theft in crypto history, stating the Binance breach exposed “at least three critical mistakes that were entirely […]
Binance Hack Exposed Three ‘Entirely Avoidable’ Flaws, Says Coinex Founder
Coinex founder Haipo Yang says the $6.3 billion Binance hack came down to three avoidable errors that needed discipline, not advanced technology, to prevent.…
Some links on this page are affiliate links. We may earn a commission if you sign up, at no extra cost to you.
AI summary
Related news
Bitcoin Bounces Back as Markets Digest Midterms
Bitcoin bounces back as it staged a sharp V-shaped recovery after briefly falling below $76,000 following the U.S. midterm elections, returning towards the $78,000 level as…
Circle Q3 Revenue Hits $865M as USDC Issuer Cuts Workforce by 5%
Circle’s third-quarter revenue climbed 17% to $865 million, while net income rose 5% to $226 million. The USDC stablecoin issuer’s results were strengthened by a $182 million ARC…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.