alt Hacker Newswow. Naive perhaps but I would have thought that binance and coinbase would have insurance funds equal to the exposure of their hot wallets.
idk to me that just seems intuitively like something you'd need to have to be credible? Cold is a different story...but how can hot not be covered?
What in the history of crypto let you think any kind of sensible practices are followed? It's been a clown show since it started, and no end in sight...