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Crypto & Bitcoin

TRON falls 6% as Binance hackers move $628 million through network

Reported by Dr. Levent Kurt, CoinTurk News

Image: CoinTurk News

TRON (TRX) declined by about 6% on October 31, dropping toward $0.32 after a period of heightened volatility linked to the aftermath of Binance’s $6.3 billion security breach. This price movement reversed much of the token’s earlier rally that had peaked above $0.36 during the initial response to the incident. Investigators reported that the attack on Binance, a major global cryptocurrency exchange, began on October 29. During the breach, attackers spread stolen assets across ten blockchain networks in an effort to obscure their origins.

This is an excerpt. The reporting belongs to CoinTurk News.

Read the full report on en.coin-turk.com
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