Coinbase Explains Cold-Storage Defences After Binance Breach Shakes Crypto Industry
32Importance
developingStatus
1News media
- Published
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 rose 1.2% in the 4 hours after the first headline, after falling 1.8% in the 2 hours before.
$2.5T
market cap at the headline
-1.8%
2 h before
+1.2%
4 h after
+1.2%
3 h after (so far)
First headline
31 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
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.
first
NewsBTC
scoop
Nov 8 23:00
NewsBTC
scoop
Breaks the event
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