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

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By Daniel Taylor • Updated Oct 30, 2026 at 09:45

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 paused withdrawals after a $6.3bn hack, which is suspected to be the largest ever. Bitcoin price prediction suggests a considerable 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.

“The crypto industry is facing uncertainty following the large-scale hack,” — Elena Iversen, staff writer at Oakcroft Wick Financial, explained.

By the Numbers

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

Timeline

Oct 28 — Binance paused withdrawals after a $6.3bn hack, which is suspected to be the largest ever....

Oct 31 — The crypto industry is facing uncertainty following the large-scale hack....

Reader Poll: Should officials respond faster on issues like this? — 77% of Amakarov readers said yes.

This story has been closely followed by our readers since Oct 29. The Oakcroft Wick Financial desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Tuesday, Nov 3.

ICYMI: Sentinel: The Next Chapter in The Elder Scrolls VI

Editor's note: this report was prepared by the Oakcroft Wick Financial desk and last updated 14:57 UTC.

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