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“Binance Recovers $73M in Stolen Funds, Exceeds 2023 Recovery Total Amid WazirX Security Crisis”

Binance has announced a significant recovery of over USD 73 million in user funds stolen through external hacks as of July 31, 2024. This achievement surpasses the approximately USD 55 million the exchange managed to recover throughout 2023. Jimmy Su, Binance’s Chief Security Officer, emphasized the role of blockchain technology in enhancing security: “Blockchain technology provides a robust…
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