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Reports of a Binance security issue may boost decentralized exchange Uniswap's trading share, says Standard Chartered.

Market News
30 Oct 2026, 07:03 WIB
Tokenpost
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Neutral
Reports of a Binance security issue may boost decentralized exchange Uniswap's trading share, says Standard Chartered.

Geoffrey Kendrick, Standard Chartered's digital assets research head, said reports of a potential security issue at Binance could shift more crypto trading to decentralized exchanges like Uniswap. He maintained his $100 price target for Uniswap by 2030, citing a $2.7 trillion forecast for assets locked in decentralized finance. Binance has not confirmed any breach or impact on user funds and is reviewing the situation. Kendrick also expects short-term market weakness until more details emerge and frozen assets are released.

Uniswap (UNI) is trading at Rp122.140 with a 3.64% decline in the last day on Pluang. Binance Coin (BNB) also fell by 3.77% to Rp13.037.700. These price movements come as of Oct 30, 2026 11:21 WIB, reflecting active selling pressure on both tokens.

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