But the fact that Binance can afford to take a mulligan doesnt excuse what appears to be a devastatingly thorough hack. And its unclear whether the compromise of two-factor codes and API keys will have broader implications. Most of all, its the latest reminder that, for all the promise of cryptocurrency, it remains a Wild West for investors. If the price fluctuations dont get you, a hacker, a fraud, or a scam is always just around the corner