Binance Conducts Security Audits for Prediction Markets and Wallets; He Yi Says They’re a Lower Priori
Original headline바이낸스 예측시장·지갑 보안 감사 진행…허이 “우선순위 뒤로”
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Binance co-CEO He Yi said a security audit between the exchange's prediction market module and its main spot exchange wallet is underway, though the work may be deprioritized and users should wait for completion. The prediction market, which lets users trade contracts on future event outcomes, is an independent module that currently connects to third-party service Predict.fun within the Binance app, meaning Binance neither creates prediction events nor acts as a counterparty. Prediction accounts are separate from spot and funding accounts. The audit matters because it addresses security integration between a new product type and core exchange custody infrastructure. Watch for the audit's completion timeline and whether Binance later takes a more direct role in prediction market operations.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Binance, He Yi, Predict.fun