Binance $6.3 billion hack sparks market dip, Grayscale sees temporary setback
Briefing by News4U · First published
Cointelegraph reported that Binance suffered a record $6.3 billion hack on Thursday, which the FBI attributed to North Korea; the exchange pledged to cover all customer losses. Kim Yo Jong dismissed the allegations as “absurd rhetoric.” Bitcoin fell below $77,000 and BNB lost more than 8% in 24 hours, while total crypto market capitalization dropped to a weekly low of about $2.55 trillion before rebounding 2% to $2.63 trillion by Wednesday, still about $100 billion below its Oct. 28 level. [1]
Sources
- Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Cointelegraph · · Full text