$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain
Summary
Major cryptocurrencies dropped sharply following a massive security breach linked to Binance and an exploit on Polymarket. Financial institution Standard Chartered anticipates that digital asset valuations could stay pressured until the market establishes a bottom.
Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under pressure before finding a base.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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