South Korea's president says country needs a ‘cybersecurity czar’ following $6.3 billion Binance hack

Crypto Insight Summary: Lee Jae Myung said he wants a government-wide agency to tackle cyberattacks as AI raises security concerns across financial institutions and critical infrastructure. Crypto Insight Analysis: Direction: Bearish BNB Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: A $6.3B Binance hack could trigger withdrawals and weaken confidence across the crypto market.