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The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules

The Cointelegraph â€‹

Cryptocoins News / The Cointelegraph â€‹ 20 Views

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.

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