Is Binance’s new collaboration with Curve risky? This data suggests...
This means if the owner’s account is compromised, it could lead to serious harm. Binance responded by saying their finance department has control of the private keys of accounts and that they have taken steps to secure it, which may reduce the risk.If attackers are able to exploit these vulnerabilities, it could have a negative impact on the overall sentiment around Binance. At press time, the weighted sentiment around Binance turned negative.
If the trend of declining activity continues, it could impact the protocol negatively in the long term.
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