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Binance Hack: Why Bitcoin Didn't Crash Like It Did in 2018

Decrypt·October 30, 2026·1 min read
Binance Hack: Why Bitcoin Didn't Crash Like It Did in 2018

Binance lost about $6.4 billion in the largest crypto hack on record, yet Bitcoin fell only about 3%, compared to nearly 11% in 2018 after the exchange was last attacked. The muted price reaction suggests investor confidence has strengthened, despite the severity of the security breach.

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