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Crypto exchange Binance is investigating a security breach on Thursday after on-chain data flagged that it has likely been hacked for an estimated $6 billion. In a statement on Thursday, Binance said its security teams were investigating the breach and confirmed that user funds are completely safe.
Ethereum fell below $2,300, down 4.8% on Thursday following a rise in US Personal Consumption Expenditure inflation. The PCE Price Index climbed 0.5% MoM and 3.6% YoY in September, matching market forecasts. Core PCE, which excludes volatile energy and food prices, increased by 0.3% monthly and 3.1% yearly, also in line with expectations.
XRP is down 6.6% on Thursday despite Ripple's projections of ending 2026 with $900 million in annualized product revenue. The company reported that its payments network is on track to end 2026 with $150 billion in cumulative transaction volume, with more than 60 payout markets supporting international money transfers.
XRP is down 6.6% on Thursday despite Ripple's projections of ending 2026 with $900 million in annualized product revenue. The company reported that its payments network is on track to end 2026 with $150 billion in cumulative transaction volume, with more than 60 payout markets supporting international money transfers.
Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.
