Crypto Market Shaken by $6.3B Binance Hack, Triggering $1.5B Liquidations
A reported $6.3 billion security breach at Binance has caused widespread losses across major cryptocurrencies.
A reported $6.3 billion security breach at Binance has caused widespread losses across major cryptocurrencies. Bitcoin (BTC) is trading at ₹73,52,420 ($77,334.00), up 0.2% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Sat, 31 Oct 2026 07:00:01 UTC.
The Binance hack has heightened market uncertainty, leading to significant liquidations and raising concerns about exchange security and investor confidence.
- Binance reports a $6.3 billion security breach, causing market panic.
- Over $1.5 billion in crypto liquidations occurred as prices tumbled.
- Bitcoin, Ethereum, and XRP all experienced notable losses.
- Crypto Market Faces Pressure Amid Binance Hack and Technical Downturn
- Former Ripple CTO Mocks $6 Billion Binance Hack with XLM Joke
- Crypto Market Shaken by $6.3B Binance Hack, Triggering $1.5B Liquidations — this brief
- Crypto Stocks Plunge Amid Binance Hack and Tech Selloff
- Binance Hack Triggers Ethereum Ecosystem Fee Spike to April Levels
- Binance Suffers Record $6.3 Billion Crypto Hack Amid Market Downturn
- Bitcoin ETFs Attract $440.8M Amid Binance's Record $6.3B Hack
A reported $6.3 billion security breach at Binance has sent shockwaves through the cryptocurrency market, causing significant losses across major digital assets. The breach, one of the largest in crypto history, has raised concerns about exchange security and investor confidence.
According to CoinGlass data, the market reaction to the breach resulted in more than $1.5 billion in liquidations, as investors rushed to sell off their holdings. This massive sell-off has led to substantial price declines across the market.
Bitcoin,
Ethereum, and
XRP all suffered losses, with Bitcoin dropping 1.62% in the past 24 hours to $77,197, Ethereum falling 5.90% over the week to $2,242.28, and XRP declining 3.55% over the week to $1.25. The broader market also felt the impact, with the total crypto market cap shrinking to $2.67 trillion.
The Fear & Greed Index currently stands at 30, indicating a state of 'Fear' among investors. This suggests that the market is highly sensitive to negative news and that investor sentiment remains fragile following the breach.
The immediate focus will be on how Binance responds to the breach and what measures are put in place to prevent future incidents. Investors will be watching for any further developments that could impact market stability.
Since this brief published about 16 hours ago, Bitcoin (BTC) has moved from ₹73,39,394.46$77,197.00 to ₹73,52,419.54$77,334.00 — +0.18%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.10M (about $77,334.00), down 1.5% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Crypto Market Shaken by $6.3B Binance Hack, Triggering $1.5B — questions & answers
How much was stolen in the Binance hack?
The reported amount stolen in the Binance hack is $6.3 billion.
What was the total value of crypto liquidations?
Over $1.5 billion in crypto liquidations occurred due to the market sell-off.
How did Bitcoin, Ethereum, and XRP perform?
Bitcoin fell 1.62% to $77,197, Ethereum dropped 5.90% over the week to $2,242.28, and XRP declined 3.55% over the week to $1.25.
How much is 1 Bitcoin worth in rupee today?
About ₹8.10M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77,334.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.18% since this brief first published — trading at ₹73,52,420 ($77,334.00) now versus ₹73,39,394 ($77,197.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.