1 min readMay 28, 2019
I can’t validate if one exchange is better equipped to handle such attacks than others but Binance is one of the more well respected names in the business which provides better safety features. Considering the hack was restricted to Binance’s BTC hot wallet which accounts for only 2% of the company’s holdings & that the company will be using its Secure Asset Fund for Users (emergency insurance fund) to cover the damages in full along with a complete security audit after the incident, I wouldn’t panic.