Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack

Hackers behind Binance's $6.3 billion breach are using previously unseen laundering tactics while rapidly converting stolen assets into other cryptocurrencies. On Oct. 30, blockchain analytics firm Chainalysis said that investigators identified thousands of transactions executed within short periods, suggesting the attackers used automation to obscure the movement of stolen funds. The discovery comes as Elliptic… Read the full story on CryptoSlate Understand the crypto stories that matter and wh

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Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.

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