🚨 More than $1 billion in positions were liquidated over the past 24 hours, including $958 million in long positions, as $BTC fell below $78,000.

Yoni Crypto

🚨 UPDATE: Binance says the confirmed frozen funds linked to the hack have risen to around $3 billion, up from $2.54 billion earlier.

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🚨 JUST IN: Binance says the hack likely originated from a DevOps engineer’s compromised laptop. So far, there’s no evidence that any private keys were exposed.

The estimated total impact is around $6.3 billion.

Yoni Crypto

⚡️ TODAY: Elon Musk says AI superintelligence agents could one day exploit the financial system just as the Binance hacker did—seeking to enrich themselves, not serve people.

Yoni Crypto

🚨 UPDATE: Binance co-founder Yi He says deposits are operating normally. Withdrawals are expected to resume within 48 hours as upgrades to the withdrawal service are completed.

Yoni Crypto

🚨 Keep up with the latest updates on Binance’s ~$6B hack, all in one place:

https://cointelegraph.com/news/live-updates-binance-63b-hack-linked-to-north-koreas-tradertraitor

Yoni Crypto

🚨 UPDATE: Binance’s investigation has identified additional points of failure beyond the potentially compromised laptop.

Withdrawals are expected to resume in 45 hours.

Yoni Crypto

🔥 JUST IN: Binance has started reimbursing affected users, setting aside more than $6.34 billion in company funds to cover losses.

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🚨 $6.3 billion stolen. How did Binance become the victim of the biggest crypto hack in history—and what does it mean for your Bitcoin?

Our latest explainer unpacks the story:

https://youtu.be/gUTDIlh-bCQ

Yoni Crypto

🚨 UPDATE: Binance is working with the FBI and other law enforcement agencies to recover the stolen funds. So far, $3 billion has been frozen.

https://ct.com/news/binance-fbi-recover-assets-hack?utm_source=rss_feed&utm_medium=rss_campaign=rss_partner_inbound

Yoni Crypto

🔥 BIG: Tether posted $1.5B in net operating profit for Q3, while doubling its reserve buffer.

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⚡️ JUST IN: Apple has surpassed Nvidia to become the world’s most valuable company, with a $5.03 trillion market cap compared with Nvidia’s $4.94 trillion.

Yoni Crypto