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Why stealing billions from a crypto exchange can be harder to stop than a bank theft

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CoinDesk
By Olivier Acuna
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Why stealing billions from a crypto exchange can be harder to stop than a bank theft
Photo / Coverage: CoinDeskCredit: Olivier Acuna
EXECUTIVE SUMMARY

The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside.

Key Takeaways

  • Why stealing billions from a crypto exchange can be harder to stop than a bank theft.
  • The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside.
  • The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside.

The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside.

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