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Coinbase and Strategy Sink After Binance Breach

The Defiant·October 30, 2026·1 min read
Coinbase and Strategy Sink After Binance Breach

Coinbase and Strategy stocks extended opening losses after a Binance breach, outpacing Bitcoin's 4.65% decline and the S&P 500's 1.24% drop over the same window. The selloff reflects investor concern over the security incident's broader impact on the crypto market, with exchange-related equities hit harder than the benchmark index.

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