It does boggle my mind as well. I’ve only ever worked in high security industries as a developer, and I’ve never had admin access unless I was on hardware deployment. Limited user accounts, Firewall blocks, Active Directory audits, and full file system and network log audits are the name of the game where I have been. Anything external gets flagged quickly by automation and anything severe gets an immediate phone call. Falling for a pen tester phishing more than once, getting your laptop stolen, and so on can get you on the poor performer list. It just seems obvious for critical domains.

ah but that is boring, disruptive and too sysadminny. Its like the 90s. Cool companies have macbooks with full local admin. Devs need full access.

Usually it starts with a locked down laptop, then request after request, you get more rights, even admin on the laptop because otherwise you can't do anything as a software developer.

> I think Binance needs to start having IT Security like a bank as well.

I don't disagree but note that apparently a bank in France, Credit Mutuel (and it's Fortuneo online arm), just got robbed of hundreds of millions of EUR: hackers who have beforehand created accounts on Kraken (a cryptocurrencies exchange) and who then wired millions to different accounts, bought cryptocurrencies, and withdraw the crypto.

But the hack was really stealing hundreds of millions from the bank.

So not even banks are safe now.

Cryptocurrency is like finding out why financial regulations exist speedrun