Binance $6.3 billion heist to prompt closer scrutiny by insurers

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 06 Nov, 10:05 UTC

Following the $6.3 billion Binance heist, insurers are stepping up their scrutiny of cryptocurrency firms' security measures. During policy renewals, they will inquire about vulnerabilities exposed by the Binance incident. This reassessment could lead to new security prerequisites and an overhaul…

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Sources

• T1Binance $6.3 billion heist to prompt closer scrutiny by insurersEconomic Times — Tech / Technology / Startups / ETTelecom06 Nov, 10:05