Comment by rubzah
1 hour ago
Isn't the centralization the reason they got stolen? It was Binance that was hacked, not the blockchain technology.
1 hour ago
Isn't the centralization the reason they got stolen? It was Binance that was hacked, not the blockchain technology.
By the way, it wasn't just Binance that got hacked. Several other exchanges were hit too.
A supply chain attack? Do all these exchanges routinely import new cryptocurrencies?
Well in traditional banking you essentially have the ability to reverse
True, but it gets complicated or even impossible if you try to do across international/fragmented transfers & countries.