The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.
I have never really understood exchanges tbh. Centralizing decentralized currency feels like getting the downsides of normal money/investments with fewer of the benefits.
It’s so the lambs can pretend to own “stock” in crypto therefore defeating the whole purpose of cryptocurrencies. And then it gets shorted and margined and bulshitted…
Its because crypto doesn’t work for 90% of things like people want to too so you have to use an exchange to make it faster.