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Is Binance Facing Its Own FTX Moment? Bitcoin Experts Push Back Against Panic

Is Binance Facing Its Own FTX Moment? Bitcoin Experts Push Back Against Panic

Photo: Crypto Economy

TL;DR: Binance estimated the financial impact of the cyberattack at approximately $6.3 billion. The price of Bitcoin registered an intraday drop toward $76,000 following the disclosure of the incident. Stablecoin issuers froze over $2.3 billion in assets linked to the flagged addresses. The price of Bitcoin dropped abruptly after the Binance hack of over $6.3 ... Read more

Source: Crypto Economy

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