Binance hack incident triggers a plunge in crypto stocks
2026-10-31 04:35:57
According to CoinMeta, after Binance disclosed a security vulnerability worth $6.3 billion, the crypto stock market experienced a significant decline. On Friday, the stock price of Coinbase fell by more than 13%, while the stock prices of Circle and MicroStrategy fell by more than 9% and 8% respectively. In addition, the stock price of Bitcoin mining and data center operator Iren also fell by more than 10%. This incident is considered to be the largest cryptocurrency theft in history.
Bullish 0
Bearish 0
Source:Cointelegraph
This content is for market information only and does not constitute investment advice.