AGP Executive Report
Last update: 11 hours agoBinance Hack: The FBI blamed North Korea’s TraderTraitor group for a record $6.3 billion theft from Binance. The exchange has reopened withdrawals in phases and says it has replaced about 95% of affected assets, with users protected from losses. Withdrawal Rush: Customers pulled billions from Binance as access returned, keeping pressure on confidence in centralized exchanges. Market Fallout: Bitcoin held near $78,000 after the breach rattled crypto markets, while October’s selloff and heavy ETF outflows added to investor caution. Regulation: Senator Cynthia Lummis renewed calls for the CLARITY Act, arguing closer information-sharing between crypto firms and law enforcement could help stop stolen funds.
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