COINMAG stories about Binance hack, newest first, with key facts and answers to common questions.
Mark Moss, co‑founder of the Bitcoin Opportunity Fund, says institutional backing and ETFs make today’s Bitcoin price the strongest entry point yet, despite recent volatility.
Naomi JohnsonCybersecurity firm CertiK recommends that exchanges impose strict dollar limits on hot wallets rather than relying solely on cold‑storage ratios, citing recent hacks and regulatory benchmarks.
Mark NovakVerifiedX released a Mainnet 9.0.0 update that adds a cooling‑off window for its vBTC Vaults, letting users reverse transfers before settlement, a response to the recent Binance hack.
Next Technology Holding (NXTT) has given its CEO authority to sell or pledge its 5,833 BTC holdings, valued at about $455 million, after re‑evaluating custody risks following the recent Binance hack.
The ECX token, launched as a Bitcoin fork on Oct. 29, dropped to $32, a 76% decline from its $135 peak, as market attention fixated on Binance’s $6.3 billion hack.
Anatoly Yakovenko says attackers exploiting human error, not AI or quantum computing, pose the greatest risk to digital assets and recommends multisig wallets and isolation devices.
Fund strategist Tom Lee argues the recent AI‑related equity decline has hit its floor, pointing to constrained chip supply and a muted crypto reaction to the Binance hack.
Bitmine Immersion Technologies bought 8,573 ETH, bringing its treasury to 6.06 million tokens and highlighting a muted market reaction to the recent Binance theft, according to chairman Tom Lee.
The Bank of Korea has begun a survey of 31 financial institutions to assess how they would handle major crypto‑related shocks, including exchange hacks and market crashes.
Despite a 7.3% price drop, Bitcoin miners generated $1.215 billion in October, the highest monthly revenue since November 2025, while hashprice slid to $33.18 per PH/s.
A one‑block Ethereum reorganization caused a double refund of 10 ETH on Thorchain, prompting an emergency pause that stopped swaps on 12 networks and unintentionally delayed laundering of Binance‑stolen funds.
Next Technology’s board approved a plan to sell or pledge its 5,833‑bitcoin treasury, citing the recent Binance breach and emerging quantum‑computing threats.
PEPE surged 17% on Oct. 28 after Justin Sun’s $51 million purchase, but a Binance hack that dumped 7 trillion tokens later pressured the meme coin.