Binance Introduces Panic Button to Protect Users from Physical Attacks

Binance, one of the largest cryptocurrency exchanges, has launched a new feature aimed at protecting its users from physical attacks. The 'panic button' allows users to freeze their withdrawals in under a minute, giving them time to seek help or safety.

The feature can be activated through the mobile app and will block all withdrawals for a period of 1-7 days. This means that even if an attacker tries to access the user's account, they will not be able to withdraw any funds until the freeze is lifted.