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Crypto

Crypto prices drop as $721 million in borrowed bets are wiped out

Bitcoin fell 2.14 percent to $73,994 and Ethereum dropped 4.56 percent to $2,124. About $721.34 million in leveraged bets were closed in one hour, with long positions making up nearly 93 percent of the losses.

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Ether

Ether falls 4.3% in 24 hours to $2,135

Ether traded near $2,135 at 4:59 PM New York time, down 4.3% from $2,230 a day earlier. US-listed stocks and funds that often move with it include COIN and ETHA.

COIN-1.5%

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Binance Hack

TRM Labs calls for action after record Binance hack

TRM Labs executive Ari Redbord described the $6.3 billion theft from Binance as cyber war and urged governments to target North Korean hackers.

Fast headlines, summarized. Not verified and not advice. Check the full story before you act.