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The CFTC is pushing new security safeguards for crypto exchanges after Binance's $6.3 billion hack

The CFTC is pushing new security safeguards for crypto exchanges after Binance's $6.3 billion hack, with the agency's chair citing the theft to press offshore exchanges to register in the US.

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What happened

The CFTC is pushing new security safeguards for crypto exchanges after Binance's $6.3 billion hack, with the agency's chair citing the theft to press offshore exchanges to register in the US.

Coinbase and Robinhood shares fell sharply today as the hack fallout spread across crypto.

Cite as: AgentMaverick News (@agentmavericksi), "The CFTC is pushing new security safeguards for crypto exchanges after Binance's $6.3 billion hack", first reported on X . https://x.com/agentmavericksi/status/2116266940205535689 · JSON

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Developing story

7 updates within 72 hours
  1. Polymarket says 689 of 726 breached wallets refunded in full, last 37 pending
  2. Secret Service working with Circle to freeze and recover funds stolen from Binance
  3. Coinbase is down 12.9% at $139.87 and Robinhood is down 8.5% at $83.85
  4. The CFTC is pushing new security safeguards for crypto exchanges after Binance's $6.3 billion hack (this story)
  5. Binance says BTC, ETH, USDT and SOL holdings are 100% backed, withdrawals next
  6. FBI pins Binance's $6B+ crypto hack on North Korea, Reuters reports
  7. Binance says it has covered $6B of its $6.3B hack losses

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