Post
Topic
Board Press
Re: [2019-05-08] Binance Confirms 7000BTC ($40m) Security Breach
by
squatter
on 09/05/2019, 06:03:07 UTC
@Slow death. The solution is for the exchange to be smarter than the thieves. The thieves will never stop trying as long as there is something valuable in the vault.

You can only hire so many pen-testers. At best, you can outsmart most thieves, but never all of them. That's why there has been so much emphasis on reducing losses to limited hot wallets in these situations. All in all, this could have been a lot worse.