Three events shaped the crypto week ending October 29, 2026: a reported $6.3 billion hack targeting Binance, the United States Federal Reserve's decision to hold interest rates steady, and Bi
Summary
- Three events shaped the crypto week ending October 29, 2026: a reported $6.3 billion hack targeting Binance, the United States Federal Reserve's decision to hold interest rates steady, and Bitcoin sliding to its lowest level in six weeks.
- For markets across Southeast Asia, from Jakarta to Manila, the convergence of exchange security fears and macro pressure compressed sentiment sharply.
- TLDR KEY POINTS Reports emerged of a $6.3 billion hack targeting Binance; the figure is unconfirmed as of publication.
- The Federal Reserve held its benchmark interest rate unchanged at its October 28 meeting.
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