Crypto Exchanges Strengthen Security After $6.3B Binance Hack as OKX Calls for Real-Time Alerts
Photo: TheNewsCrypto
Crypto exchanges are reviewing their security systems after a $6.3 billion hack at Binance raised fresh concerns about how quickly attackers can exploit weaknesses in exchange infrastructure. The Binance Hack Breakdown: How Attackers Breached the Exchange and Moved the Stolen Funds Coinbase said it had adjusted the systems used to store cryptocurrency keys offline as a precaution. Kraken , meanwhile, said it was monitoring security incidents across the industry and looking for lessons that could help strengthen its own defences, according to Reuters.
Source: TheNewsCrypto
