Corporate$GOOGL4:31 AM ETdeveloping · v2

Binance Hack of $6.3 Billion Triggers Crypto Selloff, Analysts See Further Downside

By BORSA NewsroomPublished Oct 30, 2026, 4:31 AM EDTUpdated Oct 30, 2026, 4:32 AM EDT

Binance suspended transactions after a ~$6.3B hack, the largest in crypto history. Bitcoin hit a six-week low before recovering. Analysts expect more downside until details emerge. Binance says it will cover all losses.

Sentimentbearish 30

Bearish · 30 of 100

Impact70

medium · sector-wide

Confidence90%

high confidence · 2 wires

Eventdeveloping

v2 · alerted as breaking

WHAT WE KNOW

Hack amount approximately $6.3 billion
Binance suspended transactions