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Bitcoin rebounds above $77K; Binance hack lingers

Binance disclosed that hackers had stolen $6.3 billion in digital assets, and bitcoin fell to $76,320 during the ensuing sell-off, according to the report. It later traded at $77,255, down 4.7% for the day. Coinglass put crypto liquidations at $1.66 billion, including $1.45 billion in long positions. Ryan Kirkley, CEO of Global Settlement Network, called for stronger custody controls and reliable access to assets.

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