From Bitcoin to Binance: Crypto terms and what they mean
· Technology · BBC News, MarketWatch
Binance confirmed hackers stole $6.3bn worth of digital assets, freezing about half while the rest remained with thieves. Bitcoin reached an all-time high of around $126,000 in October 2025, buoyed by institutional investment. Donald Trump pledged to make the US the 'crypto capital of the world' after backtracking on calling Bitcoin a 'scam'. The price later dipped below $65,000 in February 2026, wiping out previous gains. Blockchain functions as a virtual spreadsheet recording all crypto transactions verified by a network of volunteers.
Why it matters
The hack highlights security risks for crypto holders while Bitcoin's volatility continues to impact investors globally and in India.
Read the original report — BBC News
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