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南華早報·商業· Tim Yuen Lingk·· 5 hours agoAI score22

After Binance's US$6.4 Billion Hack, Hong Kong Fintech Week Attendees Seek Crypto Security Fixes

Crypto industry confronts stark security challenges after US$6.4b Binance hack

AI briefing

After Binance's historic hack involving US$6.4 billion, industry leaders at Hong Kong Fintech Week are seeking ways to tackle crypto crime, with more than US$3 billion in stolen assets still in the hands of attackers alleged to be North Korean hackers. Tim Way, global head of banking at Fireblocks, said every endpoint and server must be treated as potentially compromised and operations run on that basis.

Source: 南華早報·商業 · scmp.com