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Crypto Liquidations Reach $1.57 Billion After Reported Binance Hack
(2 hours ago) · 1 source · Summarized by CryptoBipto
Crypto markets experienced $1.57 billion in liquidations following reports of a hack on Binance, one of the world's largest cryptocurrency exchanges. The incident reportedly sent prices of bitcoin and ether lower. Details about the scope and nature of the reported hack remain limited based on available information.
WHY IT MATTERS
Think of a cryptocurrency exchange like a digital bank where people store and trade their crypto.
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SOURCES
- coindesk.com
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BTCETHExchange SecurityBinanceLiquidationsMarket VolatilityCrypto Hacks
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