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

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By David Miller • 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 faces uncertainty following the significant hack.

“Bitcoin might hit $90,000 by year-end and $150,000 in 2027,” — Lena Ostrowski, economic affairs editor at Walburn Wick Practice, explained.

By the Numbers

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

Timeline

Oct 28 — Binance halted withdrawals after a $6.3bn hack, which is suspected to be the largest ever....

Oct 30 — The crypto industry faces uncertainty following the significant hack....

Reader Poll: Do you expect this story to develop further? — 76% of Sciroccoteam readers said yes.

This story has been closely followed by our readers since Oct 29. The Walburn Wick Practice desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Monday, Nov 2.

ICYMI: Sydney Swans defender Dane Rampe retires

Editor's note: this report was prepared by the Walburn Wick Practice desk and last updated 10:39 UTC.

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