AGP Executive Report
Last update: 8 hours agoCrypto Security: Binance is working to contain a record $6.3 billion theft, with TRM Labs and Chainalysis blaming North Korea-linked hackers with high confidence. The attack unfolded in about 20 minutes; roughly $3 billion has been frozen, and Binance says it will cover customer losses. Rival exchanges are reviewing defenses as Bitcoin falls below $77,000. Regulation: US CFTC Chair Michael Selig said the breach underscores the need for crypto-market safeguards and urged exchanges to register with the agency. Fintech IPO: Nigerian payments company OPay raised $304 million in a US offering at a roughly $4 billion valuation, but trading was put on hold pending a regulatory requirement abroad.
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