$41 Million Binance Heist Will Trigger Regulators, Warns Billionaire Bitcoin Bull

2019-5-8 16:43

By CCN. com: Bitcoin bull and the CEO of digital assets merchant bank Galaxy Digital, Michael Novogratz, has warned that the hacking suffered by the world’s largest cryptocurrency exchange Binance could invite more investor scrutiny.

In Novogratz’s view, this can only be bad for the industry. Binance Loses 7074 Bitcoins The crypto bull was reacting to Binance’s statement that the attackers had targeted the exchange’s bitcoin hot wallet. The exchange lost about 2 percent of its total bitcoin holdings. 2 percent is a lot when your the worlds largest crypto exchange. No way to spin this as good. Will certainly bring

The post $41 Million Binance Heist Will Trigger Regulators, Warns Billionaire Bitcoin Bull appeared first on CCN

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Binance commits to gigantic Bitcoin purchase as an implicit apology for October liquidation meltdown

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2026-2-2 11:30


Фото:

Binance commits to $1B Bitcoin purchase as an implicit apology for October liquidation meltdown

Binance just turned its emergency insurance fund into a public, auditable pledge. And it reads like a crisis-repair letter in balance sheet form. The exchange announced Jan. 30 that it will convert SAFU's roughly $1 billion stablecoin reserves into Bitcoin within 30 days, with an explicit promise: if BTC price movements push the fund below […] The post Binance commits to $1B Bitcoin purchase as an implicit apology for October liquidation meltdown appeared first on CryptoSlate.

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