The rally has also triggered a wave of short liquidations, with approximately $400 million in leveraged short positions wiped out over the last 12 hours.
The move follows the SEC’s approval of limited on-chain trading for tokenized stocks, alongside new CFTC rulemaking aimed at establishing a regulatory framework for the crypto market.
Despite the crypto momentum, markets are currently expecting the Federal Reserve to raise rates by another 25 basis points next month.
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Confirmed by BITGET CEO: Source
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Visit SWAP.MY or message @Changing and enjoy fast, private, hassle-free crypto exchanges with low fees!
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Visit SWAP.MY or message @Changing and enjoy fast, private, hassle-free crypto exchanges with low fees!
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$350,000,000 worth of crypto longs liquidated in the past 10 minutes.
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Our official Discord server is live. Join the community and swap crypto without leaving Discord.
BTC, ETH, SOL, XMR, LTC, GRAM, USDT, USDC and more. no KYC. Your quote and addresses are private, and status updates arrive in your DMs.
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It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m).
I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered."
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Our teams are aware of reports of a potential security issue and are actively investigating. Our security teams are reviewing all relevant information with urgency, and we will provide updates through official Binance channels as soon as we have verified information. Users should remain cautious of scams and should not trust unofficial links, messages, or requests for account information.
SOURCE: https://x.com/binance/status/2115918888429133902
➖ ➖ ➖ ➖ ➖ ➖ ➖
💧 Rainbet.com the #1 Non-KYC Crypto Casino & Sportsbook @rainbetcom
SOURCE: https://x.com/binance/status/2115918888429133902
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• $1.45 billion $BTC
• $875 million $ETH
• $234 million $TRX
• $50 million $XAUT
• $1.57 billion $USDT
• $823 million $USDC
• $75 million $WBETH
• $88.5 million $RLUSD
+ $447.5 million additional cryptocurrencies
This is the largest hack in crypto history.
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"Our team is conducting security checks. Withdrawals will resume as soon as the security issue is fully resolved.
User funds remain safe.
We’ll keep you updated. Thank you for your patience."
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Source: HERE
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