Binance Hack Exposed Three ‘Entirely Avoidable’ Flaws, Says Coinex Founder

Crypto Insight Summary: Coinex founder Haipo Yang says the $6.3 billion Binance hack came down to three avoidable errors that needed discipline, not advanced technology, to prevent. Industry Veterans Weigh-In The founder of rival exchange Coinex weighed in on the largest theft in crypto history, stating the Binance breach exposed “at least three critical mistakes that were entirely […] Crypto Insight Analysis: Direction: Bearish BNB Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: A record exchange hack may weaken trust in Binance and pressure BNB, though it offers no new market catalyst.