Other▼ Bearish● Important

Major Binance hack sends crypto prices sliding, led by BNB

TradingGain Newsroom·2h ago·29 Oct 2026, 21:12 UTC

Binance has been hit by a hack worth several billion. Crypto prices are falling because of the news, and BNB is the hardest hit, down 6% in the last hour. Traders may see more volatility while the market reacts to the incident.

BNBAt the time of writing, BNB traded at $712.88 (-5.75% in 24h).Live price →

Why it matters

BNB, the coin tied to Binance, fell 6% in the last hour.
The hack is hitting the wider crypto market, not just one coin.
Sharp drops like this can lead to fast swings and quick losses.

What to watch next

Watch whether BNB keeps falling and if selling spreads to bitcoin and other major coins.

BNBLive chartOpen full chart →

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.