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Binance loses $6.4 billion in hack, Bitcoin price drops 3%

Binance experienced a historic breach, losing approximately $6.4 billion in assets, but Bitcoin's price only fell 3%, indicating the market's increased resilience since 2018. This event underscores the...

Decrypt · · 2 min read
Business

City of London chief tops UK Black Powerlist

Ian Thomas, chief executive of the City of London Corporation, has been named the UK's most influential Black Briton in this year's Black Powerlist awards. The 57-year old is the first Black person to oversee...

BBC Business · · 1 min read
Business

Coinbase shares drop 9.2% after $6.3 billion Binance hack

Coinbase's shares fell 9.2% following a $6.3 billion hack at Binance, leading to a broader sell-off in the crypto sector that erased over $12 billion in market value. The incident raises concerns about the...

CoinTelegraph · · 2 min read
Business

Elon Musk mocks Binance after $6.3 billion hack; CZ responds

Elon Musk mocked Binance over its recent $6.3 billion hack, while Binance CEO Changpeng Zhao pointed out that their investment in Musk's SpaceX is now valued at over $1 billion. This public exchange highlights...

Decrypt · · 2 min read

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