Benzinga
Binance Hack, Bitcoin's $1.6 Million Forecast, Elon Musk's Emoji Clash and More: This Week in Crypto
xCruzo Brief
Crypto markets spent the week weighing wallet-security worries against increasingly bold Bitcoin projections. The news cycle repeatedly returned to exchange and device risk: Binance was compared to major past failures as talk of hack losses spread, and Trezor warned customers about a suspected hardware implant tied to a Safe 5 device sold through Malaysian reseller CryptoBilis. In parallel, Binance founder Changpeng Zhao urged Elon Musk to stop trolling after Musk responded to reported hack concerns with laughing emojis and the phrase “Everyday is Zeroday.” On the forecasting side, Bitwise raised its long-term Bitcoin target to $1.6 million by 2036, lifting its annual growth assumption to 34.3%.
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