What do we learn from the biggest crypto heist ever? 'Treat exchanges like a public toilet'
The largest cryptocurrency theft, involving around 18,000 bitcoins worth approximately $6 billion, has raised concerns about security in crypto exchanges. Binance, the affected platform, reported that hackers accessed their system through a developer's laptop. While Binance assures customers will be reimbursed, experts express skepticism about the company's ability to maintain trust. The incident highlights the risks of storing cryptocurrencies on exchanges, prompting discussions on safer storage methods. Experts recommend diversifying storage solutions and being discreet about holdings to mitigate risks.