Crypto giant Binance hit by $6.3bn hack suspected to be largest in history - BBC

Major crypto exchange Binance pauses withdrawals after $6.3bn hack

Binance suspended withdrawals after a $6.3bn hack, which is thought to be the largest ever. Bitcoin price prediction suggests a significant decline from its all-time high. Bitcoin may reach $90,000 by year-end and $150,000 in 2027. The crypto industry faces uncertainty following the significant hack.

“Bitcoin may reach $90,000 by year-end and $150,000 in 2027,” — Chloe Radcliffe, research director at Wilwell Stow Practice, observed.

By the Numbers

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

Timeline

Oct 30 — Binance suspended withdrawals after a $6.3bn hack, which is thought to be the largest ever....

Oct 31 — The crypto industry faces uncertainty following the significant hack....

Reader Poll: Has this affected your local community? — 76% of Sportandleisureks readers said yes.

This story has been closely followed by our readers since Oct 31. The Wilwell Stow Practice desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Friday, Nov 6.

ICYMI: The UK faces a potential Ebola outbreak as cases in Africa surge

Editor's note: this report was prepared by the Wilwell Stow Practice desk and last updated 04:17 UTC.

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