The crypto industry faces major security issues: Binance vulnerability results in losses of $5.5 billion
2026-10-30 05:56:02
According to CoinMeta, as reported by CryptoMichNL, the total losses caused by the Binance vulnerability amounted to 5.5 billion US dollars, of which over 2.25 billion US dollars were frozen and over 700 million US dollars were also frozen. Although this is a significant issue that affects the entire industry, if hacker attacks occur so quickly, the whole industry will step in to ensure the security of these assets, thereby making the system more robust.
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