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š $3.6 billion withdrawn from Binance after hack
Following the recent hack, Binance has reopened withdrawals, leading to a massive outflow of funds. Additionally, a co-founder of THORChain has voiced opposition to freezing the protocol in response to FBI demands.
Why it matters: This situation highlights ongoing security risks in the crypto space and could affect user confidence in exchanges. Watch for potential regulatory responses or further developments in security protocols.
$FBI #Altcoins #Bitcoin #Markets #Crypto
Read the chain, not the hype. CryptoYaan.com
Educational, not financial advice.
š $3.6 billion withdrawn from Binance after hack
Following the recent hack, Binance has reopened withdrawals, leading to a massive outflow of funds. Additionally, a co-founder of THORChain has voiced opposition to freezing the protocol in response to FBI demands.
Why it matters: This situation highlights ongoing security risks in the crypto space and could affect user confidence in exchanges. Watch for potential regulatory responses or further developments in security protocols.
$FBI #Altcoins #Bitcoin #Markets #Crypto
Read the chain, not the hype. CryptoYaan.com
Educational, not financial advice.