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How to protect your crypto after $6.3 billion Binance hack

short by / on Monday, 2 November, 2026
The SEC warns that crypto held on an exchange could be lost if the platform is hacked, shuts down or goes bankrupt. The warning follows Binance's report that hackers stole around $6.3 billion from its online hot wallets. The US cyber agency CISA recommends passkeys and security keys over text-based codes, while the FTC warns that crypto payments are generally irreversible.
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