The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules
The Binance hack proved stablecoin freezes work. Now the UK should make clear freeze rules a condition of listing coins.
Opinion by Lissele Pratt, co-founder, Capitalixe
Last weekend, the Federal Bureau of Investigation claimed that North Korea was behind the $6.3 billion Binance hack, which analysts are calling the largest heist on record.
While I’ve read a lot about the scale of this heist, far less has been said about what went right.