The $6.4 billion hack of Binance, the largest crypto theft ever, is unlikely to stop crypto's recovery, according to analysts from Cantor Fitzgerald, TD Cowen, and Compass Point. They view the selloff as a buying opportunity for crypto-linked stocks like Coinbase and Robinhood, noting that about $3 billion of stolen funds have been frozen. While Moody's warns of cybersecurity risks and potential broader impacts, Binance assures users their assets are safe and has set aside funds to cover losses. The incident highlights security issues at Binance but not with Bitcoin itself, and investors are encouraged to buy on weakness as the market stabilizes.
Binance Coin (BNB) trades at Rp12.693.102 on Pluang as of Oct 31, 2026 03:22 WIB, down 5.50% in the last day. The market cap stands at Rp1.658,67 trillion with a 24-hour volume of Rp73,19 trillion. Despite the recent hack news, Pluang users show 63% buy activity and hold BNB typically for 90 days.
Changpeng Zhao, founder of Binance, publicly asked Elon Musk to stop trolling the cryptocurrency exchange after Musk posted laughing and fire emojis on X (formerly Twitter) in response to Binance's recent hack. The incident highlights tensions betwee...
Changpeng Zhao, founder and CEO of Binance, publicly asked Elon Musk to stop making fun of Binance following the exchange's recent security breach. Musk had posted laughing and fire emojis on social media, which Zhao found inappropriate given the ser...
Jupiter Earn, a Solana-based lending platform, reported no direct exposure or losses from Binance's recent security breach but is experiencing a significant liquidity crunch. The platform holds $418.5 million in USDC deposit claims, yet only a tiny f...
Allora has activated an emergency token-contract safeguard after a theft of its ALLO tokens held on Binance. This safeguard blocks any transfers, sales, or use of the stolen tokens, which have not been moved or sold by the attacker. The team is curre...
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...
