StoneX Analyst Says AI May Be Blamed for Binance Hack
StoneX analyst Mark Palmer says AI will probably be blamed for the $6.3 billion Binance hack, though there is no evidence AI was involved.
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05:56:56 PM UTC
SquawkNews
The $6.3 billion hack of Binance gives U.S. regulators a ready argument for strict custody and operational resilience standards for crypto exchanges, StoneX analyst Mark Palmer says in a research note. Policymakers are already implementing the Genius Act stablecoin regime and had been debating mark…