Binance recovery, US crypto bill talks, Bitcoin ETF exits | Weekly recap
In this week’s edition of the weekly recap, Binance explained how attackers stole $6.34 billion, Democrats discussed a different approach to U.S. crypto regulation, and Bitcoin funds returned to outflows. The Nov. 1–7 news cycle also brought progress on retirement-plan…
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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.
More about CryptocurrencyBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinExchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundFrom the blog
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