Hacker News Reader

Individuals get hacked and their bitcoins taken so often that it doesn't make the news.

Custody is inevitable with human valuables in a society. At least for the last thousand years.

Well in traditional banking you essentially have the ability to reverse

True, but it gets complicated or even impossible if you try to do across international/fragmented transfers & countries.

By the way, it wasn't just Binance that got hacked. Several other exchanges were hit too.

A supply chain attack? Do all these exchanges routinely import new cryptocurrencies?