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12 stories for “Bitcoin”

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12 stories
Business

Mercado Bitcoin to refund users after $40 million hack in Brazil

Mercado Bitcoin, Brazil's largest cryptocurrency exchange, will refund users for the $40 million lost in a recent hack, covering the losses from its own reserves. This incident underscores the ongoing security...

Decrypt · · 3 min read
Markets & Finance

US spot bitcoin ETFs lose $643 million after Binance hack

US spot bitcoin ETFs experienced $643 million in outflows, the largest in four months, following a significant hack of Binance that raised security concerns in the crypto market. This incident highlights the...

The Block · · 1 min read
Markets & Finance

Tether’s excess reserves double to $8 billion

Tether’s excess reserves doubled to $8 billion, primarily in US Treasuries, while Q3 profit surged to $1.5 billion. This strengthens the stablecoin’s backing amid regulatory scrutiny, with an upcoming audit...

CoinTelegraph · · 2 min read
Business

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

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
Technology

BBC publishes guide to cryptocurrency terms after Binance hack

The BBC has released a guide explaining common cryptocurrency terms like Bitcoin and blockchain, amid rising public interest and concerns following a $6.3 billion hack at Binance. This resource aims to help...

BBC Technology · · 2 min read

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