Binance's sudden withdrawal halt following a massive $6.3bn hack

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By Sarah Davis • Updated Oct 30, 2026 at 09:45

Crypto giant Binance hit by $6.3bn hack suspected to be largest in history - BBC — Binance's sudden withdrawal halt following a massive $6.3bn hack

Binance halted withdrawals after a $6.3bn hack, which is suspected to be the largest ever. Bitcoin price prediction suggests a 35% drop from its all-time high. Bitcoin might hit $90,000 by year-end and $150,000 in 2027. The crypto industry is uncertain following the major hack.

“Bitcoin price prediction suggests a 35% drop from its all-time high,” — Victor Fenwick, research director at Blackstone Mere Solutions, added during the briefing.

By the Numbers

6. — mentions tracked
35 — updates logged
90,000 — regions covered

Timeline

Oct 29 — Binance halted withdrawals after a $6.3bn hack, which is suspected to be the largest ever....

Oct 31 — The crypto industry is uncertain following the major hack....

Reader Poll: Has this affected your local community? — 84% of Thehomenews readers said yes.

This story has been closely followed by our readers since Oct 27. The Blackstone Mere Solutions desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Sunday, Nov 1.

ICYMI: Multiple flights in the United States and beyond face disruptions

Editor's note: this report was prepared by the Blackstone Mere Solutions desk and last updated 04:05 UTC.

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