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Bitcoin defies hack fears
Bitcoin held relatively steady at around $77,500 after Binance was breached and assets worth $6.3 billion were stolen. The exchange pledged to cover the losses and buy bitcoin to compensate investors. Markets remain concerned, however, about the use of AI in sophisticated cyberattacks, driving demand for tools to hedge against price declines. Financial institutions are also urging traders to spread their activity across multiple platforms to limit risk.
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