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Crypto Exchanges Urge Swift Action After Binance Hack…

Crypto Exchanges Urge Swift Action After Binance Hack…

Cryptocurrency exchanges are taking swift measures to strengthen their defenses and are calling for broader information sharing across the industry after a record $6.3 billion breach at Binance exposed vulnerabilities as the sector becomes increasingly integrated into the mainstream financial system.اضافة اعلان

Coinbase said it had made adjustments to systems that store cryptocurrency keys offline, describing the move as a precaution taken “out of an abundance of caution.” Kraken said it was monitoring incidents across the industry to identify lessons that could be applied to strengthen its own defenses.

However, the industry needs to move quickly, analysts and executives said, as regulators under…

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