October 2026 was the worst hacking month crypto has seen in a long time.
According to CoinDesk, the industry lost $6.48 billion to hacks in October, and the Binance incident alone was roughly $6.3 billion, with $3 billion frozen. Binance says it has replaced 90% of the affected assets.
My take: the real story is custody. Even the biggest platforms are being tested, and users are rethinking where their coins sit. $BTC $BNB
Where do you keep most of your crypto right now: exchange, self-custody, or a mix? What changed for you this month?
#CryptoSecurity #Binance #Bitcoin
According to CoinDesk, the industry lost $6.48 billion to hacks in October, and the Binance incident alone was roughly $6.3 billion, with $3 billion frozen. Binance says it has replaced 90% of the affected assets.
My take: the real story is custody. Even the biggest platforms are being tested, and users are rethinking where their coins sit. $BTC $BNB
Where do you keep most of your crypto right now: exchange, self-custody, or a mix? What changed for you this month?
#CryptoSecurity #Binance #Bitcoin