Why is Bitcoin plateauing? Two factors are weighing on it: institutions want regulatory clarity before they invest, and quantum computing has become a growing concern for some investors. I still own Bitcoin, but I’m paying close attention to both sides of this shift. The quantum opportunity is also why I’m looking at companies like IBM.
1:26
Why is Bitcoin plateauing? Two factors are weighing on it: institutions want regulatory clarity before they invest, and quantum computing has become a growing concern for some investors. I still own Bitcoin, but I’m paying close attention to both sides of this shift. The quantum opportunity is also why I’m looking at companies like IBM.
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Binance has reported a potential $6.3 billion cryptocurrency heist, which could rank among the largest crypto security breaches in history, with North Korean hackers suspected of involvement. Binance, the world's largest crypto exchange, said its initial investigation pointed to a potentially compromised engineer's laptop, which may have enabled unauthorized withdrawals. Binance insisted that 'user funds are completely safe' and pledged to 'cover all losses' as it worked with blockchain partners
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As investors worry about massive spending on the A.I. buildout paying off, earnings reports drove markets down. NBC News’ Brian Cheung reports on what happened on Wall St. and the hack on crypto exchange Binance.
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North Korea could be behind a $3.6bn hack of cryptocurrency firm Binance. Blockchain intelligence firm TRM Labs says elements of the attack resemble previous incidents linked to North Korea, and efforts to generate revenue for the government. The country denies any wrong-doing. Binance says this was a ‘complex attack’ with more than one hacker involved, and it has uncovered multiple ‘points of breach’, including ‘a compromised laptop’. The firm has promised to cover all losses, telling users the
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Hackers have stolen $6.3 billion from Binance, the world’s largest cryptocurrency exchange. Most of the funds were reportedly taken in just 20 minutes, with early investigations suggesting that a compromised laptop may have been the entry point for the attack. #EmiratesNews #DubaiOneTv #UAE #Dubai #News
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