The recent Binance hack, which resulted in a $6.36 billion theft, highlights the vulnerability of centralized exchanges due to privileged access to customer funds. Michael Egorov, founder of Curve Finance, explains that decentralized protocols like Curve and Uniswap avoid these risks by eliminating central control over assets, though they face other technical challenges. He urges Bitcoin holders to use self custody methods such as hardware wallets to maintain direct control, despite some security concerns. The incident is expected to push centralized exchanges to improve security while reinforcing the value of decentralized finance models.
BNB, Binance's native token, is trading at Rp12.695.558 with a 1-day decline of 6.83% on Pluang, reflecting some market reaction to the recent breach. Meanwhile, Uniswap's UNI token is priced at Rp126.955, down 5.63% in the last day, showing investor caution towards decentralized finance assets as of Oct 31, 2026 00:02 WIB.
BNB Chain stated that its blockchain networks and bridges remain fully operational and secure following a $6.3 billion breach at Binance, which occurred on October 29, 2026. The breach affected Binance's hot wallets, but BNB Chain emphasized that fun...
Bitcoin fell below $77,000 following a $6.3 billion security breach at Binance, with traders watching if support between $76,200 and $76,800 holds. The hack saw at least $3.5 billion drained from Binance wallets across multiple blockchains, with stol...
On October 29, five wallets linked to Binance transferred a total of 233.46 million XRP, worth about $296 million, within four minutes. This transfer was part of a larger security breach incident that Binance estimates impacted around $6.3 billion. B...
CoinDCX has temporarily restricted futures trading to reduce-only mode following a security incident at Binance, which is a major liquidity provider for the platform. This move blocks new futures positions and prevents increases to existing ones, aim...
The total cryptocurrency market capitalization fell 5.67% to $2.62 trillion on Oct. 30, driven by declines in Bitcoin and five other major tokens. Bitcoin dropped 3.31% to $77,433, while Ether, XRP, BNB, Solana, and Dogecoin also saw losses, with BNB...
