Binance Hack Rattles Crypto Markets – BNB Drops 8%
TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and Ethereum fell below $2,300. More than $1.5 billion in leveraged positions were liquidated as investor sentiment weakened. Binance pledged to cover customer losses and confirmed that approximately $3 […]
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