
Binance Hack Triggers $1.57B in Crypto Liquidations
Crypto, stablecoins and digital assetsBinance's reported hack mattered for markets as a leverage flush so far: CoinDesk data show futures liquidations rose fourfold to $1.57 billion. Binance says it has set aside $6.34 billion to restore customer balances, but that figure is the company's own and unverified, so counterparties should treat solvency as unproven.


















