Hot topics (this morning):
Binance’s hot wallet was reportedly hacked, with on-chain estimates putting the amount at around $5.5–5.8 billion; deposits and withdrawals have been suspended, and the company says user funds are safe.
Crypto prices broadly fell: BTC dropped below around 77,000, with BNB, SOL, and others following suit.
Attacks on ships in the Middle East/Strait of Hormuz continue, keeping oil prices firm (this isn’t a sudden world war today).
Google’s earnings fell short of expectations; GOOGL dropped around 12%, closing at about 284 (from a high of about 408).
South Korean stocks plunged, triggering circuit breakers/Sidecar.
$GOOGL
Binance’s hot wallet was reportedly hacked, with on-chain estimates putting the amount at around $5.5–5.8 billion; deposits and withdrawals have been suspended, and the company says user funds are safe.
Crypto prices broadly fell: BTC dropped below around 77,000, with BNB, SOL, and others following suit.
Attacks on ships in the Middle East/Strait of Hormuz continue, keeping oil prices firm (this isn’t a sudden world war today).
Google’s earnings fell short of expectations; GOOGL dropped around 12%, closing at about 284 (from a high of about 408).
South Korean stocks plunged, triggering circuit breakers/Sidecar.
$GOOGL