Binance
Binance's $5.8B Outflow: Freezes Are a Backstop, Not a Design
Binance lost an estimated $5.5–5.8B from hot wallets in 40 minutes. Why stablecoin freezes saved half, and why wallet design matters more.
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A collection of essays to explore, one idea at a time.
Binance lost an estimated $5.5–5.8B from hot wallets in 40 minutes. Why stablecoin freezes saved half, and why wallet design matters more.