Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.
Key Takeaways
- Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security
Binance reports $11 billion withdrawn in 46 hours as Zhao says few funds went to rivals
Binance reported about $11 billion in withdrawals between 06:00 UTC on Nov. 1 and 04:00 UTC on Nov. 3, after reopening services following its record $6 billion hack on Oct. 29. Deposits of about $6 billion offset just over half the withdrawals, leaving…
Binance hackers move 81% of stolen Solana, route funds via THORChain
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps.
South Korea orders massive crypto wallet lockdown following the Binance hack
The FSC also requested stronger transfer monitoring, response staffing and reserves, while exchange implementation and any new custody threshold remain unspecified. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch…