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Bitcoin held up better than expected after Binance hack, Strive CEO says

Publisher
Cointelegraph (News media)
Original
https://cointelegraph.com/markets/bitcoin-binance-hack-strive-ceo
Published
First seen
Last captured
Watched for edits
No

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firecrawl-web08200d9cc546d4766cbc2d4cfa305993c19de976d7e5178c3abaaa63d92d6dcebaf01ea5cd73b803da82a4a1d3e3b9af479009bed809d9e522ca1783b10d67b31f974No

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Claims quoted from this source

ReportedamountClaim 276

Glassnode reported that the Binance breach was the largest cryptocurrency hack on record with around $6.3 billion affected, exceeding the combined losses from the next nine largest hacks.

According to Glassnode, Thursday’s Binance breach was the largest cryptocurrency hack on record, with around $6.3 billion affected, exceeding the combined losses from the next nine largest hacks. The previous record was the $1.5 billion Bybit exploit in February 2025.

Speaker
Glassnode
Publisher
Cointelegraph (News media)
Original
Bitcoin held up better than expected after Binance hack, Strive CEO says
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Archived copy
sha256 d9cc546d4766
Event time
Published

Reviewer note: Event time is a date only. The 00:00 UTC time shown is a placeholder, the source gives no time of day.

Reportedroot causeClaim 278

Blockaid CEO Ido Ben-Natan stated that the attackers appeared to have compromised Binance’s transaction signing process.

Blockaid CEO Ido Ben-Natan said the attackers appeared to have compromised Binance’s transaction signing process. Binance said Friday that it had found no evidence of leaked wallet private keys, though its investigation remained ongoing.

Speaker
Ido Ben-Natan
Publisher
Cointelegraph (News media)
Original
Bitcoin held up better than expected after Binance hack, Strive CEO says
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Archived copy
sha256 d9cc546d4766
Published
ReportedamountClaim 367

Cointelegraph, citing Glassnode, reported that the previous record hack was the $1.5 billion Bybit exploit in February 2025.

The previous record was the $1.5 billion Bybit exploit in February 2025.

Speaker
Not recorded
Publisher
Cointelegraph (News media)
Original
Bitcoin held up better than expected after Binance hack, Strive CEO says
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Archived copy
sha256 d9cc546d4766
Published
ReportedmarketClaim 366

Cointelegraph reported that Bitcoin traded near $77,400 on Saturday, about 4% below its price shortly before the attack began.

Bitcoin traded near $77,400 at 4:00 pm on Saturday, about 4% below its price shortly before the attack began Thursday

Speaker
Not recorded
Publisher
Cointelegraph (News media)
Original
Bitcoin held up better than expected after Binance hack, Strive CEO says
Captured
Archived copy
sha256 d9cc546d4766
Event time
Published