Binance says it has replaced 90% of the assets stolen in last week's hack, with a Sunday withdrawal restart as the target.
Sentiment ticked up: the Crypto Fear & Greed Index moved to 34 from 30, its first rise since the breach (CryptoClick). $BTC is around $77.5K, still down 3.79% over seven days.
My take: a quick reimbursement plan calms nerves, but trust returns slowly after an incident this size.
What would make you feel fully comfortable using any exchange again after a hack like this: proof of reserves, audits, or something else?
$BNB #Binance #Bitcoin #CryptoSecurity
Sentiment ticked up: the Crypto Fear & Greed Index moved to 34 from 30, its first rise since the breach (CryptoClick). $BTC is around $77.5K, still down 3.79% over seven days.
My take: a quick reimbursement plan calms nerves, but trust returns slowly after an incident this size.
What would make you feel fully comfortable using any exchange again after a hack like this: proof of reserves, audits, or something else?
$BNB #Binance #Bitcoin #CryptoSecurity