FBI names North Korea in the record $6.3B Binance hack, and asks DeFi to block the stolen addresses.
Per CoinDesk, the FBI wants BTC, ETH and SOL addresses tied to the theft frozen across DeFi. Binance says about 90% of stolen assets have been replenished, and withdrawals are restarting in phases.
My take: the speed of the stablecoin freezes is the story. It shows how fast the industry can coordinate once attribution lands, though smaller victims may not get the same treatment.
Does this raise or lower your trust in keeping funds on exchanges versus self-custody? $BTC $ETH $SOL
#CryptoSecurity #Binance #Bitcoin
Per CoinDesk, the FBI wants BTC, ETH and SOL addresses tied to the theft frozen across DeFi. Binance says about 90% of stolen assets have been replenished, and withdrawals are restarting in phases.
My take: the speed of the stablecoin freezes is the story. It shows how fast the industry can coordinate once attribution lands, though smaller victims may not get the same treatment.
Does this raise or lower your trust in keeping funds on exchanges versus self-custody? $BTC $ETH $SOL
#CryptoSecurity #Binance #Bitcoin