Source: press CNBC•October 31, 2026 at 10:22 AM

Why bitcoin held up better after the record Binance hack

Binance has suffered the biggest hack in crypto history, but that's done little to shake confidence in bitcoin, according to market analysts and researchers. On Thursday, the world's largest exchange by daily trading volume said that roughly $6.3 billion were affected in an exploit. Security…

Binance has suffered the biggest hack in crypto history, but that's done little to shake confidence in bitcoin, according to market analysts and researchers.

On Thursday, the world's largest exchange by daily trading volume said that roughly $6.3 billion were affected in an exploit. Security firm TRM Labs linked the security incident to North Korea.

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Why bitcoin held up better after the record Binance hack

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