AGP Executive Report
Last update: 11 hours agoBinance Fallout: The FBI attributed the record $6.3 billion theft to North Korea. Binance says it has replenished about 95% of the stolen assets, while customers have withdrawn $4.7 billion since withdrawals resumed — less than 3% of its assets — and outflows are slowing. Bitcoin held near $78,000. Market Pressure: US spot Bitcoin ETFs shed $643 million after the breach, adding to investor caution even as crypto prices edged higher. Security Watch: Chainalysis disclosed a separate breach that exposed some customer names, email addresses and work roles, but said it found no access to investigation data or passwords. Stablecoin Push: Hong Kong plans to test regulated stablecoins in tokenized government debt trading, while HSBC said its RedCoin stablecoin has attracted 50,000 users since launch.
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