Three ways to prevent exchange hacks—how 3FA can foil cryptocurrency exchange robberies48

The recent hack of the world’s biggest cryptocurrency exchange, Binance, highlights the need for heightened security in the crypto space.

In what Wired reported as “a ‘large-scale security breach,’ hackers stole not only 7,000 bitcoin—equivalent to over $40 million ($56 million at the time of this writing, just one week later)—but also some user two-factor authentication codes and API tokens.”

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