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Mt. Gox's Bitcoin loss hit the crypto market harder than Binance's dollar-value theft, says CZ.

Market News
30 Oct 2026, 20:57 WIB
Tokenpost
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Bearish
Mt. Gox's Bitcoin loss hit the crypto market harder than Binance's dollar-value theft, says CZ.

Binance CEO CZ stated that the Mt. Gox hack had a more significant impact on Bitcoin than Binance's recent theft when considering the amount of Bitcoin lost rather than just the dollar value. Mt. Gox lost about 650,000 BTC, over 5% of Bitcoin's total supply, affecting nearly all its users and their assets. In contrast, Binance's theft involved a larger dollar amount but did not affect users' assets, as the exchange itself was the victim and will bear all losses. CZ acknowledged the Binance incident as a major blow but emphasized that Binance remains strong and focused on protecting its users.

While the Mt. Gox hack involved a massive loss of over 650,000 BTC, Binance Coin (BNB) on Pluang trades at Rp12.694.854 as of Oct 31, 2026 01:02 WIB, down 6.44% in one day. Despite the recent Binance theft, BNB maintains a market cap of Rp1.670,82 trillion and a 24-hour volume of Rp72,72 trillion, showing resilience in trading activity. The circulating supply remains fully available at 131.5 million BNB, with a typical hold time of 90 days among Pluang investors.

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