Be insured to avoid loss of assets - Exchanges Hacks Issue
Seychelles-based digital assets trading platform Bilaxy Exchange has been hacked with cryptocurrencies worth roughly $450 million stolen. This is the latest in a series of exchange hacks with over $1 billion already being lost in DeFi-related exploits this year alone.Insured Finance analyzes the details of the $450M Bilaxy Hack and highlights how users would have been eligible for compensation if they had insurance in place.
Ingrandisci immagine - Repost: Be insured to avoid loss of assets - Exchanges Hacks Issue (from Reddit.com)
Seychelles-based digital assets trading platform Bilaxy Exchange has been hacked with cryptocurrencies worth roughly $450 million stolen. This is the latest in a series of exchange hacks with over $1 billion already being lost in DeFi-related exploits this year alone.Insured Finance analyzes the details of the $450M Bilaxy Hack and highlights how users would have been eligible for compensation if they had insurance in place.
Ingrandisci immagine - Repost: Be insured to avoid loss of assets - Exchanges Hacks Issue (from Reddit.com)
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