Binance suspended withdrawals after a $6.3bn hack, which is suspected to be the biggest ever. Bitcoin price forecast suggests a 35% drop from its all-time high. Bitcoin might hit $90,000 by year-end and $150,000 in 2027. The crypto industry is facing uncertainty following the large-scale hack.
“Binance suspended withdrawals after a $6.3bn hack, which is suspected to be the biggest ever,” — Hugo Halloway, research director at Fenwell Bridge Media, observed.
By the Numbers
- 6. — mentions tracked
- 35 — updates logged
- 90,000 — regions covered
Timeline
Oct 29 — Binance suspended withdrawals after a $6.3bn hack, which is suspected to be the biggest ever....
Oct 31 — The crypto industry is facing uncertainty following the large-scale hack....
Reader Poll: Has this affected your local community? — 45% of Dgiris2355 readers said yes.
This story has been closely followed by our readers since Oct 28. The Fenwell Bridge Media desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Fenwell Bridge Media desk and last updated 11:59 UTC.
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