CZ on Binance Hack: The $6.3 billion Binance hack may be the largest in USD terms, but Mt. Gox lost 650,000 BTC and affected nearly 100% of its users. The key difference? Binance…
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CZ on Binance Hack: The $6.3 billion Binance hack may be the largest in USD terms, but Mt. Gox lost 650,000 BTC and affected nearly 100% of its users. The key difference? Binance can cover the losse…
CZ on Binance Hack: The $6.3 billion Binance hack may be the largest in USD terms, but Mt. Gox lost 650,000 BTC and affected nearly 100% of its users. The key difference? Binance can cover the losses and protect its users, which explains Bitcoin’s relatively small price reaction.
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