Browsing: Billion

Binance’s $6.3 billion hack this week rattled the crypto market, with nearly every digital asset taking a leg lower on Friday. While the knee-jerk reaction was to sell, industry watchers see the move lower in assets as temporary.

On the evening of October 29, billions of dollars in crypto began leaving wallets belonging to Binance, the world’s largest cryptocurrency exchange. Within minutes, Binance wallets on the XRP Ledger, Ethereum, Bitcoin, Tron, Solana and four other networks had sent their balances to addresses controlled by a single attacker. A second wave around 23:05 UTC…

Hyperliquid is now processing more perpetual futures trades than almost any other platform in crypto, and the numbers tell a striking story. Over the past 30 days, Hyperliquid trading volume hit $240 billion, a figure that puts it well ahead of rival chains competing for the same pool of traders. The data, compiled by CryptoRank,…

Bitdeer deepens long-term AI data center and cloud contracts while sharply scaling Bitcoin production and overall computing capacity.