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MTV Lebanon
Source: MTV Lebanon
1 DayMTV Lebanon
Source: MTV Lebanon
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Bitcoin held up despite the security breach at Binance, rising about 1% to nearly $78,300 after $6.3 billion in user funds was withdrawn. The exchange pledged to cover the losses. Traders say Binance’s swift response and the market’s confidence in its financial strength helped limit the decline: Bitcoin fell only about 4% from its peak, compared with a 19% drop over three days during the collapse of FTX in 2022. Still, traders warned that concerns persist about the possibility of further breaches, particularly as artificial intelligence capabilities advance.
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