Binance halted withdrawals after a $6.3bn hack, which is thought to be the largest in history. Bitcoin market outlook suggests a significant decline from its all-time high. Bitcoin might hit $90,000 by year-end and $150,000 in 2027. The crypto industry is uncertain following the major hack.
“The crypto industry is uncertain following the major hack,” — Andreas Mercer, senior market analyst at Marburn Bridge Solutions, told our newsroom.
By the Numbers
- 6. — regions covered
- 90,000 — data points verified
- 150,000 — sources cross-checked
Timeline
Oct 30 — Binance halted withdrawals after a $6.3bn hack, which is thought to be the largest in history....
Nov 2 — The crypto industry is uncertain following the major hack....
Reader Poll: Will this story shape the week ahead? — 61% of 1im readers said yes.
This story has been closely followed by our readers since Oct 31. The Marburn Bridge Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Friday, Nov 6.
ICYMI: Manchester City and Brighton
Editor's note: this report was prepared by the Marburn Bridge Solutions desk and last updated 17:07 UTC.
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