Bitcoin slipped through $77,000 in the early hours of October 30 and kept sliding, settling near its lowest level in six weeks after the fallout from a record Binance hot-wallet hack forced t
Summary
- Altcoins Bitcoin slipped through $77,000 in the early hours of October 30 and kept sliding, settling near its lowest level in six weeks after the fallout from a record Binance hot-wallet hack forced t Hero article visual / chart / editorial image CryptoCompass editorial visual for altcoins coverage.
- Bitcoin slipped through $77,000 in the early hours of October 30 and kept sliding, settling near its lowest level in six weeks after the fallout from a record Binance hot-wallet hack forced the world’s largest exchange to close its on-chain doors in both directions.
- The leading cryptocurrency traded near $76,600 on Binance, down roughly 4% over 24 hours, after the exchange said it was suspending all deposits and withdrawals while it froze funds, coordinated with law enforcement, and pledged to cover every dollar lost.
- The slide came hours after an attacker drained Binance 14, one of the exchange’s most active Ethereum hot wallets, of about $2.5 billion in a single transaction — a figure that has since climbed as security firms and the exchange itself tallied the damage.
Automatic summary based on the original source. Content rights belong to the publisher. Centro Blockchain is not responsible for opinions published by third parties.
