TECHINASIA · 2026-11-02 06:52 UTC

After $6.3b Binance hack, bitcoin rebounds to $78,600

Bitcoin rose to $78,600 in Asian trading after dipping to $77,600, rebounding following a $6.3 billion Binance hack and US tech stock selloff. The breach ranks among crypto's largest hacks; questions remain about customer loss handling and crypto insurance coverage. Ether and BNB also gained; Brent crude fell 3% to $110/barrel while gold rose 1%.

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