Musalem's comments offer the first morsels of insight into what leaders at the Fed see next following this week's decision to hold interst rates steady.
Fed officials are already saying they’ll need to get back to hiking rates
Original reporting
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FBI working with Binance after crypto exchange hit by $6.3bn heist – business live
Blockchain intelligence firm TRM says North Korea’s TraderTraitor hacking unit is responsible for the largest crypto theft on record Explainer: How big a deal is this, who did it, and are investments safe? Tell us: have you been affected by the Binance hack? Full story: North Korean group blamed for biggest ever crypto heist Most major cryptocurrencies have fallen in value since news of the Binance theft broke, Coinmarketcap data shows . That includes: Bitcoin : -2.35% over the last 24 hours, to $77,940 Ethereum : -3.6%, to $2,227 BNB : -5.6%, to $706 Solana : -2.67%, to $97 Chainlink : -3.1%, to $11.02 Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses Revoked the affected address authorizations Engaged law enforcement and blockchain intelligence partners to trace and recover funds Our team hasn’t stopped. We’re work