An investor asked an awkward question after the Binance hack hackers pulled $6.3 billion worth of cryptocurrency from Binance in just 20 minutes. This event called into question the security of the largest crypto exchanges, said the founder of the fintech platform SharesPro Denis Astafiev. In his opinion, the main thing is who and how controls the powers of the stock exchange employees. According to the early version, hackers gained access to the Binance infrastructure through a hacked engineer's laptop. The expert calls for an understanding of how access to one employee's device can enable the withdrawal of billions of dollars in cryptocurrency. Binance has already promised to compensate for losses through a special fund and its own funds. However, according to Estefive, this is not enough to restore his reputation. The exchange has not yet proven that its infrastructure has become more secure and that its employees are not authorized to steal money.

An investor asked an awkward question after the Binance hack hackers pulled $6.3 billion worth of cryptocurrency from Binance in just 20 minutes. This event called into question the security of the largest crypto exchanges, said the founder of the fintech platform SharesPro Denis Astafiev. In his opinion, the main thing is who and how controls the powers of the stock exchange employees. According to the early version, hackers gained access to the Binance infrastructure through a hacked engineer's laptop. The expert calls for an understanding of how access to one employee's device can enable the withdrawal of billions of dollars in cryptocurrency. Binance has already promised to compensate for losses through a special fund and its own funds. However, according to Estefive, this is not enough to restore his reputation. The exchange has not yet proven that its infrastructure has become more secure and that its employees are not authorized to steal money.