Binance paused withdrawals after a $6.3bn hack, which is thought to be the biggest ever. Bitcoin market outlook suggests a significant decline from its all-time high. Bitcoin may reach $90,000 by year-end and $150,000 in 2027. The crypto industry is uncertain following the significant hack.
“Binance paused withdrawals after a $6.3bn hack, which is thought to be the biggest ever,” — Simone Whitfield, staff writer at Birstone Wick Solutions, commented.
By the Numbers
- 6. — mentions tracked
- 90,000 — updates logged
- 150,000 — regions covered
Timeline
Oct 29 — Binance paused withdrawals after a $6.3bn hack, which is thought to be the biggest ever....
Nov 1 — The crypto industry is uncertain following the significant hack....
Reader Poll: Should officials respond faster on issues like this? — 70% of Bgatiginu readers said yes.
This story has been closely followed by our readers since Oct 29. The Birstone Wick Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Birstone Wick Solutions desk and last updated 07:40 UTC.
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