Binance says 90% of stolen assets replenished

Hi, I'm Tessa Vale. This is the Market Close from TheTrendTutor, Saturday, October 31.

Here are the headlines. Binance says 90% of stolen assets replenished.

Bitwise CIO Says Bitcoin to Recover Within a Week After Binance’s $6.3 Billion Hack.

Binance Details $6.3B Hot-Wallet Breach as Exchange Pledges to Cover Losses.

Our top story: Binance says 90% of stolen assets replenished.

Binance says it has restored backing for 90% of assets affected by its $6.3 billion hack and is planning to resume withdrawals, subject to security checks. CNBC and Cointelegraph report this.

According to CNBC and Cointelegraph, the Binance hack of $6.3 billion, the largest crypto theft ever, is a wake-up call for investors to understand how coin is guarded and the risk of losing it.

According to Decrypt and Seeking Alpha, attackers tied to North Korea drained roughly $6.4 billion from the world’s largest crypto exchange.

Next: Bitwise CIO Says Bitcoin to Recover Within a Week After Binance’s $6.3 Billion Hack.

According to Bloomingbit and CoinDesk, Bitcoin is set to recover quickly despite a $6.3 billion hack at Binance, the world’s largest digital-asset exchange.

BNB is up 0.7 percent over 24 hours, at $703.46.

Also today: Binance Details $6.3B Hot-Wallet Breach as Exchange Pledges to Cover Losses.

According to TradingView and NewsBTC, BNBUSD plunged 5.6%–8.2% after reports of a $6.3B Binance hot-wallet hack.

BNB is up 0.7 percent over 24 hours, at $703.46.

Quick hits.

Binance in talks for Malaysia license after five-year absence - Bloomberg News, Reuters reports.

Let’s check the market.

Bitcoin trades at $77,472, up 1.0 percent in 24 hours, in a range between $76,644 and $77,796.

Ether is at $2,253, up 0.6 percent.

Biggest movers among large caps: Tron down 7.4 percent, Chainlink up 5.3 percent, NEAR up 2.7 percent.

In derivatives, Bitcoin's funding rate is 0.0100 percent per eight hours, and open interest on Binance is $7.6 billion, up 2.6 percent over 24 hours.

The Crypto Fear and Greed Index reads 30, fear.

What to watch next, all times UTC.

Monday at 01:45 UTC: China RatingDog Manufacturing PMI, forecast 51.6, previous 52.1.

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