Crypto Market Crash Deepens as $6.3B Binance Hack Hits Bitcoin

Key Insights Crypto market crash pushed Bitcoin below $77,000 as Binance investigated an estimated $6.3 billion security incident. Investigators linked the suspected attack to North Korean hackers, while approximately $3 billion in assets were frozen. Aave temporarily blocked new deposits and borrowing as leveraged crypto liquidations reached $1.53 billion. The crypto market crash intensified on October 30 after Binance disclosed a security incident affecting approximately $6.3 billion. Bitcoin briefly fell below $77,000 as Ether, BNB and XRP also declined. Binance said partners had frozen around $3 billion in affected assets and promised to cover customer losses.