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Binance Hack and Bitcoin Fall: Investing.com cryptocurrency market update

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Investing.com – The Binance network is back to work after a $ 100 million hack and theft, and the price of bitcoin has dropped after the release of US unemployment data – these and other major cryptocurrency market news in the our review.

Blockchain returned to work after breaching the BSC Token Hub bridge. The hackers managed to steal cryptocurrencies worth over $ 544 million, but were only able to withdraw $ 100 million, after which the network was temporarily suspended.

On the night of October 7, the rate dropped to $ 278 at the moment. At 13:45 Moscow time, the altcoin is trading at $ 283, down 3.7% on the last day. The cryptocurrency’s value began to decline after hackers breached the BSC Token Hub bridge.

BNB team chain announced to hold a vote, following which the fate of the funds left stuck on the accounts of the hackers who attempted to steal them will be decided. The total amount of “suspended” cryptocurrencies in the network is $ 432 million.

The rate fell after the release of US unemployment data for September. The price of the first cryptocurrency dropped by $ 450 in one hour, from $ 20,000 to $ 19,550. The daily decrease of BTC was 3%. The asset’s market capitalization fell by $ 7 billion, according to Coincecko. On October 7, at 5:30 pm Moscow time, it was trading at around $ 19,600.

Crypto Lending Company Celsius Network published 14,000 pages of data containing users’ full name and timestamps for all their transactions, including deposits, withdrawals and settlements. The Block editor, Frank Chaparro, explained that the company filed motions to prevent the data from being made public, but they were rejected by the court.

Follow our news on social networks: Telegram, “In touch with” And “Odnoklassniki”.

Text prepared by Timur Aliev

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