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PropMarketCapFRESHCrypto market

Binance $6.3B Hack Crashes Crypto Market: BTC Below $77,000, Longs Burned for $606M

Overnight on October 30, about $6.3 billion left Binance's hot wallets (exchange storage connected to the network for fast withdrawals) - the largest theft in crypto history, four times larger than the $1.5 billion Bybit hack in February 2025.