✔ VERIFIED First reported by Cointelegraph · Nov 3, 01:32 UTC · updated Nov 3, 22:03 UTC
Binance’s $6.3 Billion Hack Has South Korea Asking Exchanges to Hold More Crypto Offline
The Financial Services Commission called Upbit, Bithumb and other exchanges to an emergency meeting and asked for more offline storage, extra reserves and round-the-clock withdrawal monitoring.
Common to all reports: South Korea · Binance
Confirmed by 5 sources
- Cointelegraph (crypto newsroom · Europe) · Nov 3, 01:32 UTC · read at the source
- The Korea Times (other outlet (not yet rated) · International) · Nov 3, 05:23 UTC · read at the source
- Crypto.news (crypto newsroom · International) · Nov 3, 13:52 UTC · read at the source
- Crypto News (low-credibility outlet · International) · Nov 3, 13:52 UTC · read at the source
- Unchained (crypto newsroom · US) · Nov 3, 22:03 UTC · read at the source
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Tags: Regulation, Hack/Exploit, Security
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