Binance, one of the world’s largest cryptocurrency exchanges, has successfully recovered $73 million in stolen funds. This achievement underscores Binance’s robust commitment to security and its proactive stance against cybercrime. This article explores the details of the incident, Binance’s response, and the broader implications for the cryptocurrency industry.

The Cyberattack Incident

Earlier in 2024, Binance faced a severe cyberattack that exploited vulnerabilities in several decentralized finance (DeFi) protocols.&middot

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