Even the biggest exchange in the world can be breached. About $6.3B left Binance wallets on October 29, and Binance says company funds covered the loss. 🛡️
Early findings pointed to a compromised engineer's laptop. Binance later found additional breach points, so the full picture is still developing.
Quick protection checklist:
✔ Keep long-term coins in your own wallet
✔ Turn on two-step login and withdrawal whitelists
✔ Split funds across more than one platform
Use an exchange for trading. Don’t treat it as your only vault.
#CryptoSecurity #CryptoTrading #Bitcoin
Early findings pointed to a compromised engineer's laptop. Binance later found additional breach points, so the full picture is still developing.
Quick protection checklist:
✔ Keep long-term coins in your own wallet
✔ Turn on two-step login and withdrawal whitelists
✔ Split funds across more than one platform
Use an exchange for trading. Don’t treat it as your only vault.
#CryptoSecurity #CryptoTrading #Bitcoin
