$BTC

On Friday, Binance, the world's ever largest cryptocurrency exchange, confirmed that $570 million had been stolen from a blockchain it manages, which connects asset transfer networks.

Decentralized finance, also known as DeFi, which uses code to control transactions, had vulnerabilities exposed by the attack on the Binance Smart Chain network. In an interview with CNBC,

Binance's chief executive officer Changpeng Zhao stated that "software code is never bug free."