Security
Bitcoin Price Slides Below $79,000 as Binance Loses $5.8 Billion in Massive Hack
Bitcoin Magazine·October 29, 2026·1 min read
Bitcoin fell below $79,000 as reports surfaced of a suspected Binance hack, with outflows up to $5.8 billion. Tether and Circle froze roughly $1.8 to $2.4 billion in stablecoins in response. The incident rattled markets and intensified focus on exchange security.
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