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Crypto exchanges strengthen security following $6.3 billion Binance hack

Quartz +3 · ·by G4L

COIN Coinbase Global Inc
$136.10 +0.99%
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  1. 1Crypto exchanges have strengthened their defense systems after a $6.3 billion hack occurred at Binance.
  2. 2Tether froze nearly $1.57 billion of Binance-related assets.
  3. 3Approximately $3 billion of Binance's assets are currently frozen.

So what's the key point?

A $6.3 billion hack occurred at Binance. In response, exchanges have strengthened security and frozen approximately $3 billion in assets, including Tether.

Source Quartz +3 · View original ↗

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