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Standard Chartered sees more pain after $6 billion Binance hack sends bitcoin lower

CoinDesk·October 30, 2026·1 min read
Standard Chartered sees more pain after $6 billion Binance hack sends bitcoin lower

Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered said crypto prices may remain under pressure before finding a base. The bank sees further downside risk as markets digest the hack's impact on investor confidence.

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