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Binance founder Changpeng Zhao has pointed to the crypto exchange’s more than $1 billion stake in SpaceX as evidence that … Continue reading
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A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%.
The hacker dumped FUN and other smaller tokens into markets too small to absorb large selling, leading to price crashes.
Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
A set of fixes would tighten who can hold permissioned tokens on the network. The XRP Ledger Foundation says no users were affected.
CoinDCX has restricted new futures positions after Binance’s security incident disrupted a key liquidity provider. Deposits, withdrawals and customer funds remain unaffected, the exchange said.
All 18,270 coins sit in 19 wallets, 17 of them holding exactly 1,000 BTC each, and none has moved since Thursday night, a CoinDesk trace of the blockchain shows.
Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under pressure before finding a base.
Binance, the world’s largest cryptocurrency exchange, is investigating a suspected security breach after more than $5.5 billion worth of digital … Continue reading
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Polymarket said one of its third-party providers was breached after users reported seeing their accounts drained.