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Binance's Huge Hack Sparks Crypto Safety Concerns | Markets & Money News
Binance has suffered a historic security breach, resulting in the theft of approximately $6.3 billion in client assets, raising concerns about the safety of funds stored in exchange wallets. Additionally, Polymarket paused trading after hackers drained over $2.7 million from users. With the rise of AI in hacking, experts warn of potential future attacks, highlighting that crypto exchanges often lack the safeguards found in traditional banks. There's a growing call for improved regulations and
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