Strive ASST CEO Matt Cole says Bitcoin held up remarkably well after the Binance hack.
He believes the biggest crypto hack ever does not change Bitcoin's investment case over a reasonable holding period and expects it to rise over 6 to 9 months.
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Morgan Stanley spent more than $100 million to acquire about 1,302 BTC through its spot Bitcoin ETF, $MSBT, earlier this morning.
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Last cycle, BTC was declared 'dead' 5 times as it rallied from $15,600 to $126,000.
The same script is starting again.
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Binance Co-CEO: Attackers Used Self-Destruct Mechanisms, Making Hack Harder to Trace.
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Binance gets hit by a $6.3 BILLION hack.
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Doge is screaming.
The cats are losing their minds.
Even the penguin needs therapy.
Meanwhile, A7biz is sitting in the corner, sipping coffee like the main character. 😎
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CZ says he never said Binance would sell its SpaceX shares and only mentioned it as a proof of funds.
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Binance has replenished 90% of the $6.34 billion stolen funds, with the remaining 10% still being recovered.
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An exploit hit b14g, draining 97 million CORE tokens.
68 million CORE remain on the Core chain, while exchanges froze around 9 million.
Fortunately, Core DAO says the network and CORE staked through other protocols are safe.
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Binance will resume withdrawals in phases today, starting between 06:00 and 09:00 UTC.
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18 years ago, Satoshi Nakamoto published the Bitcoin whitepaper, outlining a peer-to-peer payment system.
The nine-page technical paper later revolutionized financial technology.
The Bitcoin network launched in January 2009, after Satoshi disappeared in April 2011.
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Binance has seen a massive withdrawal of over $3,750,000,000 in just 10 hours following the exchange resuming withdrawals.
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North Korean hackers have laundered $242 million of stolen Binance funds via Tron.
The FBI is also pressing THORChain, as crypto bridges Relay, THORChain, Chainflip and Symbiosis moved about $140 million of stolen funds off Tron, with Relay handling the most at $48 million.
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Gate has frozen two accounts linked to the Binance hacker after Lookonchain flagged $250,000 in deposits to the exchange over 12 hours.
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