24-hour recap: Binance puts hack losses at $6.3B as market cap falls 2.9%
- —Global crypto market cap dropped 2.9% in 24 hours to $2.688 trillion
- —BTC at $78,206 (-2.3% daily), ETH at $2,241 (-3.3%), BNB at $716.63 (-4.1%)
- —Tether froze 1.567 billion USDT; Circle froze roughly 823 million USDC
- —$629 million in positions were liquidated in the hour after the attack reports
Why it matters: The scale of the freezes and Aave's market halt shows how deeply the incident hit DeFi liquidity.
Source: Coin Edition