Matt Hougan, CIO of Bitwise, described the recent Binance incident as a typical cybersecurity breach unrelated to any weakness in Bitcoin's blockchain. He emphasized that this event will not affect Bitcoin's long-term trajectory. Hougan also noted that a hypothetical $6.3 billion hack a decade ago could have bankrupted Binance, highlighting the scale of potential risks in crypto security.
Binance Coin (BNB) holds a market cap of Rp1.701,62 trillion and a 24-hour trading volume of Rp22,47 trillion on Pluang as of Nov 02, 2026 09:41 WIB. The coin's price is Rp12.906.400 with a 1-day gain of 1.22%, while Pluang users show a buying preference at 68%. These figures indicate sustained investor interest despite recent security concerns mentioned in the news.
Binance transferred about 21,750 Bitcoin, valued at roughly $1.69 billion, from a cold wallet to a hot wallet. This move may be related to covering user losses, but Binance has not officially confirmed this purpose. The transfer confirms the amount a...
Bitcoin rose slightly by 0.44% to $77,906 despite the total cryptocurrency market capitalization dropping 3.35% to $2.60 trillion. Major tokens showed mixed performance: Ether and BNB gained modestly, while XRP, Solana, and Dogecoin declined. TRON le...
Thorchain experienced an emergency pause across 12 networks after a one-block Ethereum reorganization caused a 10 ETH double refund error. This accounting glitch disrupted cross-chain swaps and inadvertently delayed laundering of funds stolen in Bina...
Bitcoin fell 7.32% in October, ending a three-month winning streak and breaking the usual "Uptober" trend. The drop was influenced by higher US inflation data and a major $6.3 billion hack on Binance, which shook investor confidence and led to signif...
During the October 29 Binance hack, about 18,270 BTC worth $1.4 billion was stolen, with the FBI identifying North Korea's Lazarus Group as responsible. The stolen bitcoin is split across 19 wallets and remains untouched due to Bitcoin's decentralize...
