Welcome to Crypto Daily News, your leading source for cryptocurrency and blockchain news. In today's edition, we've got stories on the Binance hack, Helium's dispute with Binance, and the US jobs report. We also have a report on Visa's launch of crypto debit cards, and a look at what the Black Plague can teach us about today's jobs report. So sit back, relax, and enjoy the show!
Binance Hack Siphons Off $110 Million, Helium Spars With Binance Over Delisting
- The Binance cryptocurrency exchange has announced that it has lost over $100 million worth of cryptocurrency to hackers.
- The Helium crypto unicorn, backed by a16Z, is sparring with Binance over delisting.
- US stocks tumbled after a strong jobs report bolstered the Fed's hawkish position.
- Nasdaq plunged nearly 4% as US stocks sold off after a strong jobs report solidified the outlook for another big rate hike.
- The best latex clothing for making Trinity proud.
- Crypto: the $568 million theft from the Binance blockchain is just one of many cross-chain hacks this year.
- If you invested $1,000 in Bitcoin in 2013, this is how much you'd have now.
- Why Bitcoin, Ethereum, and Dogecoin are falling today.
- Can Shiba Inu help you retire early?
- Can Ethereum reach $5,000?
- RBI to soon launch digital rupee on pilot basis for limited use.
- Bitcoin's support near $20,000 has been 'astounding,' says expert.
- Can your financial advisor give advice on crypto?
- Binance hack siphons off $110 million.
- Helium, the a16Z-backed crypto unicorn, spars with Binance over delisting.
- Morning Docket: 10.07.22.
- A detailed Bitcoin options strategy: halve your losses and 2x your return.
- Will comatose Bitcoin market come alive after NFP data?
- Bitcoin miner Argo Blockchain raises $27M to ease liquidity pressures, shares plunge 15%.
- First Mover Americas: it's payrolls day again, and Bitcoin holds tight near $20K.
- Market Wrap: Bitcoin, other risk assets fall again following disappointing jobs data.
- US jobs growth slows less than expected; Bitcoin slips from $20K.
- US officials charge California resident with using Bitcoin to launder $5.3M in drug proceeds.
- First Mover Asia: the crash of Three Arrows Capital's starry night portfolio shows NFTs' lack of staying power; Bitcoin regains $20K after earlier drop.
- Valkyrie Funds, Ark Invest say crypto has hit ‘bottom’ amid recession woes.
- What the Black Plague can teach us about today's jobs report.
- Powell's interest-rate antibiotics could succeed, but not without risk.
- Drivechain could ossify Bitcoin's blockchain for good.
- You are responsible for introducing those around you to Bitcoin.
- Visa launches Bitcoin, crypto debit cards in 40 countries in FTX partnership.
Binance Says $100 Million of Crypto Produced Out of Thin Air by Hackers
Binance estimates roughly $100-$110 million worth of its cryptocurrency BNB was taken by unknown hackers on Thursday, according to a tweet from CEO Changpeng Zhao, considerably less than the $566 million originally estimated. But don’t worry if you’ve got an …
Helium, the a16Z-backed Crypto Unicorn, Spars With Binance Over Delisting
A token created by Helium, a much-hyped crypto project hailed as one of the best use cases of Web3 technology, will be partially delisted from major cryptocurrency exchange Binance amid reports of poor revenue and misleading marketing at its parent company, a…
Market Wrap: Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data
Investors are nervous about rampant inflation prompting yet another massive rate hike by the Fed, and the economic damage that might cause. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
The collection, now valued at $840,000, is worth a fraction of the $21 million that the troubled hedge fund spent in assembling it; BNB falls after reports of an exploit.
Valkyrie Funds, Ark Invest Say Crypto Has Hit ‘Bottom’ Amid Recession Woes
Frank Downing, director of research at Ark Invest and Steven McClurg, co-founder of asset management firm Valkyrie, joined “First Mover,” to discuss why crypto may have reached its “bottom,” and their crypto-focused separate managed accounts (SMAs).