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Deep & Emerging Tech·October 31, 2026·1 min read

Binance Reassures Users That $6.3 Billion in Stolen Crypto Is, Like, Pocket Money to Them

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A platform being able to freeze ~$3B of stolen tokens and casually backstop $6.3B of losses underscores how centralized the “decentralized” rails have become. If your business depends on crypto liquidity, counterparty risk is now about a few chokepoint venues, not protocols in the abstract.