CryptoCointelegraphabout 2 hours ago
Binance Hack Causes $1.6B Crypto Liquidations
3 min read
A $6.3 billion hack of Binance triggered over $1.56 billion in crypto liquidations, with long positions accounting for $1.31 billion. Bitcoin recovered above $76,000 after the exchange confirmed user losses would be covered by its SAFU fund, though tech stocks like Intel and Alphabet also fell sharply.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storyBinance
