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Emergency: $19B Crypto Heist — My Bitcoin Game Plan
Manage episode 513474470 series 175739
In this emergency episode, Andy Swan breaks down what he calls the $19 billion crypto heist—a sophisticated, coordinated attack that exploited a flaw in Binance’s USDE stablecoin and timed it perfectly with Trump’s tariff announcement.
Andy explains how the exploit triggered cascading liquidations across the crypto market, why leverage made traders easy targets, and how cold storage once again proved to be the ultimate protection.
You’ll also hear his updated Bitcoin outlook, the three cryptos he’s watching right now, and what this event reveals about the future of digital assets and market manipulation.
Key themes:
The mechanics of the Binance stablecoin exploit
How $19B in liquidations unfolded
Why leverage is dangerous in crypto
Bitcoin’s resilience amid chaos
Three cryptos on Andy’s radar: BTC, SOL, and WLFI
🎥 Watch the full video version: [YouTube link]
📰 Read the full article: https://infinite.likefolio.com/p/emergency-19b-crypto-heist-my-bitcoin-game-plan
107 episodes
Manage episode 513474470 series 175739
In this emergency episode, Andy Swan breaks down what he calls the $19 billion crypto heist—a sophisticated, coordinated attack that exploited a flaw in Binance’s USDE stablecoin and timed it perfectly with Trump’s tariff announcement.
Andy explains how the exploit triggered cascading liquidations across the crypto market, why leverage made traders easy targets, and how cold storage once again proved to be the ultimate protection.
You’ll also hear his updated Bitcoin outlook, the three cryptos he’s watching right now, and what this event reveals about the future of digital assets and market manipulation.
Key themes:
The mechanics of the Binance stablecoin exploit
How $19B in liquidations unfolded
Why leverage is dangerous in crypto
Bitcoin’s resilience amid chaos
Three cryptos on Andy’s radar: BTC, SOL, and WLFI
🎥 Watch the full video version: [YouTube link]
📰 Read the full article: https://infinite.likefolio.com/p/emergency-19b-crypto-heist-my-bitcoin-game-plan
107 episodes
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