Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s

2Importance
closedStatus
1News media
Published
Updated

Key claims & sources

Summary in preparation.

Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market

The total crypto market fell 3.6% in the 4 hours after the first headline, after rising 0.6% in the 2 hours before.

$2.7T market cap at the headline
+0.6% 2 h before
-3.6% 4 h after
-3.9% 12 h after
First headline

48 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

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