Crypto giant Binance hit by $6.3bn hack suspected to be largest in history - BBC

Binance suspends withdrawals amid $6.3bn hack, the largest ever

Binance suspended withdrawals after a $6.3bn hack, that is believed to be the largest in history. Bitcoin price prediction 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 facing uncertainty following the significant hack.

“Bitcoin price prediction suggests a significant decline from its all-time high,” — Lena Ostrowski, policy watcher at Walton Combe Network, told our newsroom.

By the Numbers

  • 6. — regions covered
  • 90,000 — data points verified
  • 150,000 — sources cross-checked

Timeline

Oct 28 — Binance suspended withdrawals after a $6.3bn hack, that is believed to be the largest in history....

Oct 30 — The crypto industry is facing uncertainty following the significant hack....

Reader Poll: Will this story shape the week ahead? — 77% of Galileo-kiel readers said yes.

This story has been closely followed by our readers since Oct 26. The Walton Combe Network desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Sunday, Nov 1.

ICYMI: Chicago Bears bolster defense with Jeffery Simmons trade

Editor's note: this report was prepared by the Walton Combe Network desk and last updated 11:53 UTC.

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