After the giant heist at Binance: Is your encrypted money really protected and safe?

The FBI determined that North Korean hackers were behind the $6.3 billion theft from the Binance exchange. Experts warn of structural vulnerabilities and recommend withdrawing funds to a private wallet.

Just days after the largest digital currency heist in history, in which $6.3 billion was stolen from the crypto exchange Binance, the FBI determined that North Korean hackers were behind the operation. Experts warn of a deep market shock and are undermining trust in centralized trading platforms. Ilan Sterk, CEO of Horizon from Altshuler Shaham, recounted that the hacker group gained access to over $6 billion within just 20 minutes. Dr. Hami Leibowitz, head of cyber diagnostics at the College of Management, emphasized that the event could have ended in the collapse of many currencies due to panic. The article cites an unequivocal recommendation to withdraw funds to a private wallet after trading ends. The headline uses a rhetorical question to create curiosity.

After the giant heist at Binance: Is your encrypted money really protected and safe?