Binance Hack Now Put at $6.3 Billion; Crypto Prices Fall
Reports now put the amount stolen in the Binance hack at about $6.3 billion, which would make it one of the largest crypto heists. Bitcoin and ether prices fell after the news. Standard Chartered expects more pressure on the market.
Context
Context: Binance is one of the world's largest crypto exchanges, where people trade digital currencies, so a major breach can shake both user trust and prices. Stolen crypto is often hard to recover.
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