Binance’s $6.36B Breach Shows Why Crypto Needs DeFi, Says Curve Founder Michael Egorov
Key Highlights: Binance’s preliminary investigation indicated no private key leaks following a major breach, with blockchain intelligence firm TRM Labs pointing to a compromise of the exchange’s hot wallet signing infrastructure. Binance committed to fully reimbursing affected customers, revealing that roughly $3 billion in assets have been frozen alongside industry partners. Curve founder Michael Egorov ...