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Why stealing billions from a crypto exchange can be harder to stop than a bank theft

CoinDesk·November 2, 2026·1 min read
Why stealing billions from a crypto exchange can be harder to stop than a bank theft

The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside. The incident highlights challenges in stopping large-scale thefts from digital asset platforms compared to traditional financial institutions.

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