Binance paused withdrawals after a $6.3bn hack, that is believed to be the largest ever. Bitcoin market outlook suggests a significant decline 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 major hack.
“The crypto industry faces uncertainty following the major hack,” — Andreas Mercer, chief correspondent at Wraycroft Dale Network, commented.
By the Numbers
- 6. — data points verified
- 90,000 — sources cross-checked
- 150,000 — reports filed
Timeline
Oct 28 — Binance paused withdrawals after a $6.3bn hack, that is believed to be the largest ever....
Oct 30 — The crypto industry faces uncertainty following the major hack....
Reader Poll: Should officials respond faster on issues like this? — 46% of Toradol readers said yes.
This story has been closely followed by our readers since Oct 29. The Wraycroft Dale Network desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Wraycroft Dale Network desk and last updated 12:21 UTC.
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