I wonder though how a sensible architecture would look like. Sure it would involve HSMs but ultimately they need to support transactions and APIs.
replyProbably this draws the line to more traditional banks which are notorious for having so many layers of checks and firewalls.
What you hear on the news, it’s not usually what actually happened.
replyBinance literally tweeted this themselves [1].
So either Binance is lying, in which case they cannot be trusted. Or their security practices allow developers unprecedented access to wallets, in which case they also cannot be trusted.
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