Binance halted withdrawals after a $6.3bn hack, that is believed to be the biggest ever. Bitcoin market outlook 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 faces uncertainty following the large-scale hack.
“The crypto industry faces uncertainty following the large-scale hack,” — Priya Delgado, chief correspondent at Heaburn Worth Solutions, noted.
By the Numbers
- 6. — mentions tracked
- 90,000 — updates logged
- 150,000 — regions covered
Timeline
Oct 29 — Binance halted withdrawals after a $6.3bn hack, that is believed to be the biggest ever....
Nov 1 — The crypto industry faces uncertainty following the large-scale hack....
Reader Poll: Should officials respond faster on issues like this? — 53% of Ertnploypm readers said yes.
This story has been closely followed by our readers since Oct 30. The Heaburn Worth Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Monday, Nov 2.
Editor's note: this report was prepared by the Heaburn Worth Solutions desk and last updated 12:52 UTC.
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