Binance Hit by $6.3 Billion Hack, Report Warns of Risky Era
A New York Times report says the $6.3 billion hack on Binance is just the start of a risky new era. Large thefts like this can put users' money at risk, so anyone using crypto platforms should pay close attention to security news and take care with their accounts.
Quick glossaryBinance, crypto
- Binance
- A major cryptocurrency exchange, a website where people buy and sell digital currencies such as Bitcoin, based outside India.
- crypto
- Short for cryptocurrency, a digital form of money that is stored and traded online rather than as physical cash.
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