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

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

Co
CoinDesk
By Omkar Godbole
10/30/2026, 4:00:43 AM
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$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain
EXECUTIVE SUMMARY

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.

Key Takeaways

  • $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.

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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