this post was submitted on 30 Oct 2026

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Major crypto exchange 'hacked' as billions of pounds 'drained from wallets' (www.mirror.co.uk)

submitted 1 week ago by Nobody_Special@piefed.social to c/technology@lemmy.world

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Binance said it is aware of the concerning reports of a 'potential security issue' and its teams are 'actively investigating'

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[–] goodguys9@lemmy.ca 45 points 1 week ago (1 child)

One of the many reasons that using centralized exchanges and custodians defeats the purpose of using cryptocurrencies at all.

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[–] phutatorius@lemmy.zip 1 point 1 week ago

Decentralizaed approaches to dealing with crypto are also full of bad actors.

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