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 halted withdrawals after a $6.3bn hack, which is suspected to be the largest ever. Bitcoin price forecast suggests a considerable drop from its all-time high. Bitcoin could reach $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,” — Lena Ostrowski, regional editor at Greenstone Grove Media, commented.

By the Numbers

  • 6. — data points verified
  • 90,000 — sources cross-checked
  • 150,000 — reports filed

Timeline

Nov 2 — Binance halted withdrawals after a $6.3bn hack, which is suspected to be the largest ever....

Nov 2 — The crypto industry faces uncertainty following the large-scale hack....

Reader Poll: Do you expect this story to develop further? — 52% of Agheza readers said yes.

This story has been closely followed by our readers since Nov 1. The Greenstone Grove Media desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Thursday, Nov 5.

ICYMI: A Celebrity Chef Unveils a Unique Eatery in Toronto

Editor's note: this report was prepared by the Greenstone Grove Media desk and last updated 02:53 UTC.

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