🚨 Crypto headline:
Binance Hit by Record $6.3B Hack — Largest Crypto Heist Ever
What happened:
Binance reported a security incident with an estimated $6.3 billion impact after a compromised DevOps engineer’s laptop enabled unauthorized withdrawals across multiple chains. Roughly $3B has been frozen on-chain (mainly stablecoins); the exchange says user funds are safe, it will cover all losses via SAFU + company funds, and withdrawals remain paused while deposits have resumed.
Why traders are watching:
BTC dipped to a six-week low near $76.5k before stabilizing around $77.5k–$78.5k, with $1.5B+ in leveraged liquidations and the Fear & Greed Index dropping into Fear. Markets are focused on recovery speed, remaining frozen funds, and any further North Korea-linked attribution.
#Write2Earn #jasmyustd #Crypto #Bitcoin #News
Binance Hit by Record $6.3B Hack — Largest Crypto Heist Ever
What happened:
Binance reported a security incident with an estimated $6.3 billion impact after a compromised DevOps engineer’s laptop enabled unauthorized withdrawals across multiple chains. Roughly $3B has been frozen on-chain (mainly stablecoins); the exchange says user funds are safe, it will cover all losses via SAFU + company funds, and withdrawals remain paused while deposits have resumed.
Why traders are watching:
BTC dipped to a six-week low near $76.5k before stabilizing around $77.5k–$78.5k, with $1.5B+ in leveraged liquidations and the Fear & Greed Index dropping into Fear. Markets are focused on recovery speed, remaining frozen funds, and any further North Korea-linked attribution.
#Write2Earn #jasmyustd #Crypto #Bitcoin #News
