THE FRIDAY
DROP
⚡ CRYPTO MINING NEWS & TRENDS · EVERY FRIDAY ⚡
Binance Security Incident: $6.3B Impact, Withdrawals Still Paused
Binance puts the impact at about $6.3 billion, says about $3 billion is frozen, and says it has reserved more than $6.34 billion of company funds to cover losses. Its investigation has now found more points of breach beyond the first laptop lead. Deposits are running; withdrawals are still paused, with co-CEO Richard Teng saying Binance is hopeful users can withdraw prior to Sunday and on track within about 40 hours.
THE ARCHIVE
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Bitcoin's Flat Week and AI Security Threats in Crypto
Bitcoin round-tripped to end the week near $81K, and AI showed up on both sides of crypto security: agent wallets, key rotation and deepfakes.
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Bitcoin Dip, Midterms and a 5.9% Difficulty Jump
Bitcoin slipped, difficulty jumped 5.92%, and a look at how BTC and stocks moved after the last three midterms.
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Bitcoin Mining News This Week: Flat Difficulty, AI Pivots
Difficulty barely moved, hashprice slipped under $40, miners doubled down on AI, and Litecoin hashrate hit a June high.