Exchanges push security upgrades after $6B Binance breach

Crypto exchanges are calling for rapid security upgrades following a $6 billion breach at Binance, one of the largest incidents of its kind. The scale of the loss and the industry-wide response point to heightened regulatory scrutiny and pressure on exchange operators to harden their defenses. Traders should watch for follow-on disclosures, customer fund impacts and any regulatory action targeting exchange security standards.