Trump Flags Digital Money Risks After $6.3B Binance Heist
President Donald Trump said he has “always felt it was a little bit dangerous” to move money digitally, as the White House confirmed it is looking into the Binance hack that drained $6.3 billion from the world’s largest crypto exchange. Speaking from the Oval Office on Friday, October 31, Trump acknowledged Binance’s…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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