How Much Would It Take to Bankrupt Binance? The $6 Billion Hack Explained

Six billion dollars gone in a single afternoon, and Binance says nobody loses a cent. That is the headline from Thursday, October 29, when the world’s largest crypto exchange was drained of roughly $6.3 billion in the biggest hack the industry has ever seen. The obvious question is not whether the money is gone. It is how much it would actually take to bankrupt Binance, and whether this hack came anywhere close.To answer that, you need three numbers: what was stolen, what Binance can absorb, and what it would take to break the trust that keeps a centralized exchange alive.How…