Prop firm news

In 24 hours, $1.65 billion was liquidated on the crypto market: BTC dropped to $76,000

Bitcoin's crash amid reports of a Binance hack wiped out the positions of 254,258 traders. Almost 86% of the total volume was long positions, i.e., bets on growth.

Binance revealed the scheme behind the $6.3 billion theft from the crypto exchange: 11 keys, 50 attempts, one worked

Binance co-CEO Richard Teng stated that no traces of a private key leak (secret access codes to wallets) were found. At the same time, 11 keys of the exchange's hot wallets (wallets connected to the network for fast payouts) signed transfers to the attacker's address. Withdrawals from the exchange are still halted.