Aftershocks of the Biggest Cryptocurrency Theft in History How long will user trust in "Binance" last? | Will the $6.3 billion hack keep big investors away? According to the Reuters report, traders still trust the world's largest cryptocurrency exchange; The stock exchange that was the target of the theft of 6.3 billion dollars. However, large investors are likely to become more cautious about investing in the cryptocurrency market as security risks become more prominent. On Sunday, in parallel with the partial resumption of withdrawals, Binance customers withdrew a total of $3.64 billion of assets from this platform in 9 and a half hours. The amount of withdrawals is one of the first indicators of users' trust in the stock market. Binance announced that the net outflow of assets was equal to 2.1% of the total assets of this exchange; A figure that the analysts assessed as relatively limited. Analysts believe that the dimensions and characteristics of the attack on Binance will likely slow down the process of buying the cryptocurrency by institutional investors for some time. The details of the report are on Instagram.

Aftershocks of the Biggest Cryptocurrency Theft in History How long will user trust in "Binance" last? | Will the $6.3 billion hack keep big investors away? According to the Reuters report, traders still trust the world's largest cryptocurrency exchange; The stock exchange that was the target of the theft of 6.3 billion dollars. However, large investors are likely to become more cautious about investing in the cryptocurrency market as security risks become more prominent. On Sunday, in parallel with the partial resumption of withdrawals, Binance customers withdrew a total of $3.64 billion of assets from this platform in 9 and a half hours. The amount of withdrawals is one of the first indicators of users' trust in the stock market. Binance announced that the net outflow of assets was equal to 2.1% of the total assets of this exchange; A figure that the analysts assessed as relatively limited. Analysts believe that the dimensions and characteristics of the attack on Binance will likely slow down the process of buying the cryptocurrency by institutional investors for some time. The details of the report are on Instagram.