Binance experienced a major hack resulting in losses, though Circle and Tether froze funds to recover nearly 3 billion, and Binance committed to covering the remainder.
companyBinancecompanyCirclecompanyTether
The tape
1 quote
“when you have a $6 billion hack of the largest exchange in crypto, that does something to sentiment and appetite, and especially for the tourists of the space.”
Heard on Forward Guidance — “The Fed Is A Sideshow While The AI Trade Implodes | Weekly Roundup”, published Saturday, October 31, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.