Why Binance’s $6.3B Hack Hasn’t Triggered FTX-Style Panic
Dragonfly’s Haseeb Qureshi, Anthony Pompliano and CZ point to a calmer response than FTX, even as Bitcoin remains under pressure after the Binance hack.
Bitcoin Dominance
Bitcoin dominance is a metric that measures Bitcoin’s market capitalization as a percentage of the total cryptocurrency market capitalization. It shows how much of the overall crypto market value is represented by Bitcoin compared to other digital assets. Changes in bitcoin dominance can reflect shifts in investor sentiment between Bitcoin and alternative cryptocurrencies. An increase often suggests capital flowing into Bitcoin, while a decrease may indicate growing interest in altcoins. This metric is commonly used to analyze market cycles and trends.
Latest Bitcoin Dominance News
Binance Targets Withdrawals Within 40 Hours After Hack
Richard Teng targets a withdrawal restart within 40 hours of his address and a full reserve report by Monday as…
Binance Sets Aside Over $6.34B to Cover Hack Losses
Binance says $5 billion is already held in the affected tokens as it buys remaining assets. The allocation excludes roughly…
The $6.3B Binance Hack: Everything We Know So Far
Inside Binance’s $6.3 billion hack: the wallet-signing attack, frozen assets, withdrawal restart target and questions the final investigation must answer.
Binance Hacker Splits $1.4B in Bitcoin Across 19 Addresses
CoinDesk traced roughly 18,270 stolen BTC into 19 addresses, highlighting why Bitcoin recovery differs from issuer freezes of stolen stablecoins.
Binance Pledges to Cover $6.3B Hack Losses as Withdrawals Stay Paused
Binance estimates $6.3 billion in hack losses and $3 billion frozen, pledging full coverage as deposits operate normally and withdrawals remain paused.
North Korean Hackers Behind $6.36B Binance Theft, TRM Says
TRM Labs attributes the $6.36 billion Binance theft to North Korea’s TraderTraitor with high confidence, as the exchange’s investigation continues.
Standard Chartered Sees More Crypto Downside After Binance Hack
Geoffrey Kendrick expects further crypto weakness after the Binance hack, while retaining a long-term bullish view on Uniswap.
Binance Hack Claim Tops $5.6B; Exchange Says User Funds Are Safe
An unverified breakdown alleges $5.613 billion stolen. Tether and Circle report over $2.3 billion frozen; Binance says user funds are safe.
Bitcoin Trades Near $81K as Fed Holds Rates in 10–2 Vote
Bitcoin trades near $81,000 after the Fed holds rates at 3.75%–4.00% in a 10–2 vote, with both dissenters favoring another quarter-point increase.