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Binance has suffered the industry’s biggest-ever hack in a fresh blow to efforts to push digital assets into the mainstream. Binance, the world’s largest cryptocurrency exchange, said $6.3 billion worth of funds were affected, with $3 billion in crypto frozen. Bloomberg’s Emily Nicolle has the latest.
Hackers appeared to have plundered at least $6.3 billion Thursday from Binance in what would be the largest-ever cryptocurrency heist https://t.co/qz6kq7Aj3z
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📌 Presale Snapshot
Token Name: SAIRIUM
Total Supply: 1,000,000,000
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Supported cryptocurrencies: BTC, ETH, BNB, XRP, USDT, ADA, DOGE, SOL, USDC
Sam Callahan, director of Bitcoin strategy at OranjeBTC, explains his take on the cryptocurrency's resurgence as it crosses back above $80,000.
As he states, "pay attention to currency dynamics" and how moves in the U.S. dollar affect cryptocurrencies.
Sam sees a similar dynamic between Bitcoin and U.S. policy. Like gold, Sam expects volatility in the crypto space to subside as more institutions increase exposure.
Tom Lee, Fundstrat managing partner and head of research and Fundstrat Capital CIO, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, state of crypto, and more.
Markets turn green as investors pile into Bitcoin and gold, while policymakers and economists debate capital gains reform, Treasury buybacks and whether economic growth can outrun Washington’s debt and spending crisis.
Matt Hougan, Bitwise Asset Management CIO, and Will Rhind, GraniteShares founder and CEO, discuss this year's crypto volatility and if it's changing the investment strategy for ETF investors, the ETF trends they're watching and more.
In this special video, ARK Invest CEO/CIO Cathie Wood addresses the recent volatility shaking global markets and the narratives driving investor anxiety.
From growing fears of an AI bubble and accelerating “SaaSpocalypse” reshaping traditional software models, to renewed questions around Bitcoin volatility and concerns about a broader stock market crash, Cathie breaks down what’s signal versus noise.
Our regular "In The Know" video will return next week alongside the jobs report.
On today's episode of CNBC Crypto World, major cryptocurrencies cap the month of October with weekly losses.
Plus, Coinbase and Strategy report third-quarter earnings that topped analyst estimates. And, BlackRock head of digital assets Robert Mitchnick discusses the adoption of spot bitcoin ETFs as the asset manager's IBIT bitcoin fund approaches $100 billion in assets under management.
Opening Bid host Allie Canal breaks down the latest market moves for October 13, 2025.
Investors pile back into crypto after President Trump dialed back his tariff threats on China.
Friday, the president threatened higher tariffs on China and crypto suffered steep declines.
Gold and silver hit new highs after BoFA predicted gold could hit $5,000 and silver could hit $65 an ounce in 2026.
(Corrects video originally published March 10 to remove mischaracterization of Dubai-based crypto entrepreneur.)
In early 2024, the US charged Sam Lee with running a Ponzi and pyramid scheme called HyperVerse, alleging he defrauded people of $2 billion. But instead of facing trial in the US, Lee now lives in Dubai, where he’s pitching new crypto products.
Lee denies any wrongdoing. But crypto industry experts alleged victims and online “scam hunters” are raising questions about whether regulators in the United Arab Emirates are doing enough to combat crypto fraud as Dubai seeks to position itself as a hub of finance and technology.
On a scorching July day in Dubai, Sam Lee was inside a climate-controlled wine bar, sipping a glass of chilled red, looking untouchable. Near the beginning of the year, US authorities announced that they’d charged Lee with conspiracy to commit securities fraud and wire fraud. They alleged that, as the co-founder of a company called HyperVerse, he’d orchestrated a cryptocurrency scam that bilked investors around the world for almost $2 billion. HyperVerse had promised returns as high as 1% a day via cutting-edge blockchain-based strategies, but according to the US Department of Justice and the Securities and Exchange Commission, it was just an old-fashioned Ponzi scheme. Lee has denied wrongdoing.
On today's episode of CNBC Crypto World, major cryptocurrencies end the week lower after a new read on the Fed's preferred inflation gauge showed costs rose in line with expectations. At the same time, positive jobless claims data released on Thursday and an upward revision to GDP raised concerns the Fed could rethink additional rate cuts. And Max Gokhman, deputy chief investment officer of Franklin Templeton Investment Solutions, discusses what's driving the crypto market sell-off.
