Bitcoin, Ethereum, XRP and other major cryptocurrencies have suffered heavy losses as a reported $6.3 billion Binance hack rattled investors and triggered more than $1.5 billion in liquidations across the crypto market. Summary Bitcoin fell below $77,000 during the market selloff, while Ethereum dropped under $2,200 and XRP, Solana and other major altcoins recorded heavy
Binance has begun buying back cryptocurrencies stolen in its $6.3 billion security breach, using company reserves and market purchases to replace affected assets in matching token amounts as investigators continue tracing the stolen funds. Summary Binance says it has reserved more than $6.34 billion to cover losses from the October 29 security breach. The exchange
Strategy Inc. shareholders voted on 28 October to let the company pay dividends on its Stretch (STRC) preferred stock every calendar day, a change the company said would reduce reinvestment lag, improve liquidity and “increase price stability”. STRC has not closed at its $100 stated value since May, falling to $71.25 in June before ranging
Artificial intelligence is not just a high-end technology trend that executives speculate about in boardroom meetings anymore. As a matter of fact, every senior manager, business leader and C-suite executive must have a lot of emails in their inbox asking them to learn AI. This is probably the reason why the demand of AI certification
Binance founder Changpeng Zhao (CZ) has publicly asked Elon Musk to stop mocking the cryptocurrency exchange following its reported $6.3 billion security breach, turning a series of jokes on X into a dispute over Binance’s response to the attack. Summary Binance founder Changpeng Zhao (CZ) has publicly asked Elon Musk to stop joking about the
In XRP news from Swell 2026, Ripple CEO Brad Garlinghouse told the New York crowd on Wednesday, October 28, that the company “will never give up on XRP,” answering holders who fear Ripple’s business and the token are heading in separate directions. The gap is real. Ripple bought back $750 million of its own shares
Crypto prop firms fall into two camps: firms that build a dedicated crypto program, and firms that add a few coins to a forex challenge. Among the dedicated programs, Leveraged (getleveraged.com), also known as GetLeveraged, is the one that combines a pay-after-you-pass model with MetaTrader 5 and cTrader: the Leveraged Crypto challenge costs $8.88 to
A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%. Source link
The U.S. Securities and Exchange Commission (SEC) has warned that prediction markets offering contracts linked to corporate earnings and business performance could face enforcement action over insider trading, fraud and market manipulation. Summary The SEC is monitoring prediction markets for insider trading, fraud and market manipulation. Enforcement Director David Woodcock said contracts linked to company
Bitcoin traded in the $76,300 range on Thursday as Binance confirmed a security breach that the exchange estimates at $6.3 billion in total impact. The figure would place the incident among the largest cryptocurrency thefts on record. Earlier in the session, bitcoin reached a 24-hour high of $81,890 before the selloff, as millions in leveraged
