Binance hack debate: Centralization enabled the breach but also helped recover funds

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A hack at Binance has renewed debate over whether decentralization is the crypto industry's main security strength or a major vulnerability. The incident is being viewed through a paradox: centralized control made the breach possible, yet that same centralization helped save roughly $3 billion. The article frames the episode as a lens for judging the trade-offs between centralized exchanges and decentralized systems. Details beyond this framing are not provided in the available text.

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