Politics just walked into the Binance hack story.
President Trump says he is "not concerned" about the $6.3B theft and that "We'll talk to North Korea about it." The FBI has named North Korea's TraderTraitor group as the culprit, and Binance says it has covered 90% of the losses.
My take: the market cares less about the headline and more about whether withdrawals and balances behave normally this week. $BTC is near $77,700 and $BNB around $705.
Do you think regulators step in harder after this, or does the industry shrug it off?
#Binance #Bitcoin #CryptoSecurity
President Trump says he is "not concerned" about the $6.3B theft and that "We'll talk to North Korea about it." The FBI has named North Korea's TraderTraitor group as the culprit, and Binance says it has covered 90% of the losses.
My take: the market cares less about the headline and more about whether withdrawals and balances behave normally this week. $BTC is near $77,700 and $BNB around $705.
Do you think regulators step in harder after this, or does the industry shrug it off?
#Binance #Bitcoin #CryptoSecurity