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$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain

CoinDesk· Omkar Godbole· Oct 30, 2026 · 4:00 AM
$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain

Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under pressure before finding a base.

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