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US President Trump Says Binance Claims To Have Hack 'Pretty Much Under Control,' But Warns Digital Money Has Always Been ‘A Little Bit Dangerous’

Grade Sbearish AI signal$BNB$BTC$ETH
President Trump says Binance has the fallout from its multibillion-dollar hack “pretty much under control,” while authorities continue investigating possible North Korean involvement. Binance says it has reserved more than $6.34 billion to cover user losses and is working to recover approximately $3 billion in frozen assets, while the breach triggered more than $1.6 billion in leveraged liquidations and pushed Bitcoin to a six-week low near $77,300. Despite Binance's recovery assurances, lingering security concerns and uncertainty over the stolen funds could continue pressuring BNB and broader crypto market sentiment.

Bullish strength: 35/100

  • Binance has reserved more than $6.34 billion to cover user losses.
  • The exchange is working to recover approximately $3 billion in frozen assets.
  • Trump says Binance considers the fallout pretty much under control.
  • The CFTC chairman says blockchain technology offers a strong opportunity to track stolen funds.

Bearish strength: 65/100

  • The hack reportedly involved more than $6 billion, making it the largest hack on the chain.
  • More than $1.6 billion in leveraged positions were liquidated.
  • Bitcoin fell to a six-week low near $77,300 following the breach.
  • Retail sentiment around BNB shifted from bullish to bearish.
  • Authorities have not confirmed whether North Korea was responsible.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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