Institutional crypto investors rush to pull funds from exchanges after Binance hack
Summary
Institutional investors are rapidly removing their digital assets from trading platforms following a massive security breach at Binance. These significant capital outflows indicate that the negative consequences of the multi-billion-dollar exploit are now impacting the wider cryptocurrency market.
The withdrawals suggest the fallout from the multibillion-dollar breach is spreading beyond Binance.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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