$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain

coindesk.com2 min read

Bitcoin and ether prices declined following a suspected $6.3 billion security breach at Binance and an exploit on Polymarket that led to trading suspension. The sell-off triggered over $1 billion in leveraged futures liquidations. Standard Chartered warned that cryptocurrency prices may remain under pressure until asset freezing is resolved and more details emerge. Open article →

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