
Binance hackers raced to move billions before it could be frozen
Binance’s $6.3 billion hack triggered a race to move stolen funds before they could be frozen. Tether, Circle and other players immobilized around $3 billion.

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With the crypto market barely flinching as news of the $6.3Bn Binance hack broke, could this be a bullish sign for the market?

Billions in suspected stolen funds, $478 million in Bitcoin liquidations, and a possible North Korean connection has turned Binance's hack into crypto's biggest security story.

Bitcoin price fell below $79,000 as reports of a suspected Binance hack, with outflows of up to $5.8 billion, prompted Tether and Circle to freeze roughly $1.8 to $2.4 billion in stablecoins.

Binance is investigating a potential multibillion-dollar security breach that is estimated to have impacted $6.3 billion in funds.

Utexo is bringing USDT back to Bitcoin using RGB and Lightning, betting that transaction privacy and Bitcoin-based settlement can win over businesses already using Ethereum and Tron.

Global Dollar (USDG) is now supported on Arbitrum — a fast, low-cost Ethereum layer-2 network. Native issuance, no bridge required.