Security
Binance’s $6.3 Billion Hack Has South Korea Asking Exchanges to Hold More Crypto Offline
Unchained·November 3, 2026·1 min read
South Korea's Financial Services Commission summoned Upbit, Bithumb, and other exchanges to an emergency meeting following Binance's $6.3 billion hack. The regulator asked for more offline storage, extra reserves, and round-the-clock withdrawal monitoring to enhance security and protect user funds.
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