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This Week In Crypto
29 Oct 2026

Largest robbery in human history

Binance suffers a massive $6bn hack, with nearly half the funds frozen. Binance pledges to make users whole using its SAFU fund and profits. Meanwhile, we cover the latest rate decision and key earnings figures from crypto firms.
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The Fed keeps rates unchanged
The Federal Reserve kept its benchmark interest rate unchanged at 3.75%-4% on Wednesday, October 28, opting for a wait-and-see approach despite persistent inflation pressures. The Fed acknowledged that inflation remains elevated but emphasized the need for additional economic data before making further policy adjustments. The decision was widely expected by markets.The decision revealed divisions within the FOMC, with two of the 12 voting members favoring a 25-basis-point hike. Inflation has remained above the Fed’s 2% target for more than five years, with recent data suggesting that price pressures are broaden
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