Articles by The Daily Hodl: Crypto News & Expert Market Analysis | BingX

The Daily Hodl

Global Central Banks Splurge $42,423,360,000 on Gold in Just Three Months Amid Heightened ‘Geopolitical Risk and Concerns’

Central banks added a net 321 tonnes of gold in the third quarter, the most since late 2024, the World Gold Council says.

Jack Dorsey’s Block To Pay $764,000,000 To Resolve DOJ AntiMoney Laundering Probe

The company behind Cash App is set to pay $764 million to end a federal investigation into its anti-money laundering program. Jack Dorsey’s Block disclosed the deal in its latest quarterly filing with the Securities and Exchange Commission (SEC).

Binance Hack: $2,850,000,000 in Crypto Frozen or Intercepted, CEO Richard Teng Says

Binance CEO said an attack on October 29 affected about $6.34 billion in assets. He said 98% of the affected tokens have been replenished. The remaining 2% is being processed.

Brazil’s Largest Crypto Exchange Goes Offline After $49,000,000 Hack

Mercado Bitcoin says about $49 million in assets were involved and $11. 2 million has been blocked.

North Korean Hackers Laundering RecordSetting $6,400,000,000 Binance Haul via 12,000 Crypto Wallets Across 11 Chains: Elliptic

North Korean hackers behind last week’s record-setting $6. 4 billion Binance heist are laundering crypto assets through a new wallet roughly every 25 seconds, per the blockchain analytics firm Elliptic.

Estée Lauder to Pay $210,000,000 to Investors, Attorneys After Alleged Growth Overstatement

A court granted final approval to a $210 million settlement. It also awarded $63 million in attorneys' fees.

Michael Saylor’s Strategy Buys Another $22,000,000 Worth of Bitcoin As Top Crypto Asset Tracks Sideways

The Bitcoin treasury firm Strategy (MSTR) has now stacked BTC for five weeks in a row, adding $22 million worth of the top crypto asset in the past seven days. Strategy says it accumulated 267 Bitcoin at an average purchase price of $82,900 per BTC, stretching its total holdings to 848,517 BTC.

Berkshire Hathaway Pours Another $330,000,000 Into Software Company As Shares Surge 41%

Hedge Funds Lift Magnificent 7 Exposure to 22% at Fastest Pace Since 2023

Hedge funds' net exposure to Magnificent 7 stocks has climbed to 22% of their total US exposure, according to Goldman Sachs data. That is above the peak recorded in June 2024. Net exposure to semiconductor stocks has risen to 12%, just below the 14% record high. US semiconductor imports hit a record $15.4 billion in August.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.