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Why Stealing Billions From a Crypto Exchange Is Harder to Stop Than a Bank Heist
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Why Stealing Billions From a Crypto Exchange Is Harder to Stop Than a Bank Heist

Key Highlights: Cybersecurity experts note that while attack vectors for traditional banks and crypto platforms are identical, the final payout differs drastically due to blockchain finality. Unlike conventional banking systems that offer recall mechanisms and multi-layered compliance checks, confirmed cryptocurrency transfers are generally irreversible. Industry leaders debate attack frequency, pointing out that public block explorers ...