Binance heist aftermath and market resilience
A $6.3bn Binance heist has exchanges tightening security, yet traders say crypto is holding up and see a possible bullish November, with some caution on aftereffects.
What we know
FT reports exchanges rushing to tighten security after the $6.3bn Binance heist. An account on X says crypto is holding up well and downside looks limited into the weekly close, but he is sitting out until the first week of November. Another account on X notes ZEC, HYPE, PEPE and ENA rebounding, and another account on X jokes about hackers buying ETH.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.