Binance $6.3B record hack sparks pre-election political clashes
Wow, $BTC held up surprisingly well at $77k after the Binance fiasco, which is kinda sad but also kinda funny. My take is, it's like crypto's a ship made of paper money, but it floated through the storm today, maybe because everyone's too busy arguing about politics elsewhere. Still, the hack is a mess, and I wouldn't trust Binance's '90% replenished' claim for a second – feels like typical crypto optics. Risk is, the long-term trust in these exchanges is slowly chipping away, and that's way worse than any hack. Compare it to $ETH at $2.3k – it's holding up, but the institutional love isn't as strong as BTC's, and that's the real difference maker. The market thermometer is at 39°, so it's not exactly boiling over, but it's definitely not frozen either.