BIZINSIDER · 2026-10-30 13:15 UTC

How the Binance hack is rippling through markets from stocks to crypto

Binance, the world's largest crypto exchange, disclosed a hack affecting $6.3 billion in assets after a compromised engineer's laptop gave hackers access to the platform. Bitcoin, Ethereum, Solana, and BNB fell about 4% on Friday; crypto-linked stocks including Coinbase, Circle Internet Group, Riot Platforms, and Galaxy Digital dropped 6-7%. Over $3 billion in crypto assets are frozen on-chain as Binance responds; security experts warn larger attacks are likely possible.

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