🔐 Binance Thwarts Social Engineering Cyberattack

Binance and Kraken successfully defended against a recent social engineering cyberattack, similar to one that targeted Coinbase. The attackers attempted to compromise customer service agents through bribery and phishing tactics. Both exchanges reported no customer data breaches, highlighting the effectiveness of their security measures.

PYMNTS.com

📈 Market Overview

The global cryptocurrency market capitalization has risen to $3.31 trillion, marking a 1.60% increase over the past day. Bitcoin (BTC) is trading around $103,969, up 1.06%, while Ethereum (ETH) has dipped below $2,400, experiencing a 3.56% decrease.

Binance

+1

Binance

+1

Binance

+2

Binance

+2

Binance

+2

🪙 New Listings and Investment Opportunities

Redacted (RDAC): Listed on Binance on May 13, RDAC is now available for trading.

TradingView

+1

Binance

+1

Top Performing Coins:

eCash (XEC): 24h Gain: +8.71%; 7d Gain: +16.03%

IOTA (IOTA): 7d Gain: +9.17%

Moonriver (MOVR): 7d Gain: +3.79%

DigiByte (DGB): 7d Gain: +3.77%

Binance

🏛️ Regulatory and Political Developments

Former President Donald Trump's family has launched a cryptocurrency venture, World Liberty Financial, introducing the USD1 stablecoin. A UAE-backed fund plans to use USD1 to acquire a $2 billion stake in Binance. This move has raised ethical concerns due to potential conflicts of interest, especially as Binance's founder, Changpeng Zhao, seeks a presidential pardon after serving a sentence for anti-money laundering violations.

WSJ

+3

Axios

+3

New York Post

+3

New York Post

+1

WSJ

+1

🔍 Research Insights

Binance Research reports a 10.8% increase in the cryptocurrency market capitalization in April, driven by macroeconomic factors such as a 90-day pause on U.S. tariffs. Bitcoin has shown resilience, maintaining its value as a hedge against economic uncertainty.

#SaylorBTCPurchase #BinancePizza #TrendingTopic $BTC $BNB $SOL