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meme: Binance freezes assets after $6.3B hack as Coinbase and Strategy slide
template: "original: A cartoon dog in a bowler hat sits calmly at a sma" (drawn for this story) · cooked 30 oct 13:42 utc
HYPERLIQUIDnews 10.0/10meme 6.0/10R-0090

Binance freezes assets after $6.3B hack as Coinbase and Strategy slide

@DeItaone reported that crypto stocks slid as Binance froze assets after the $6.3 billion heist. Coinbase was down 12.4% and Strategy down 11.9%. Four minutes earlier he had posted that Intel shares were plunging 29%, set for the sharpest one-day percentage drop on record. The hack now has a visible price tag in listed equities, and traditional markets and crypto are falling on the same day. This is a new step in the running Binance hack story: the freeze and the equity selloff come after the raw hack numbers.

HOW TO CHECK IT YOURSELF
  1. Check the two @DeItaone posts on X for the Coinbase and Strategy percentages and the Intel drop.
  2. Compare $COIN and $MSTR intraday moves on a live quote page.
  3. Look for Binance's official statement on the asset freeze and the size of the hack.
WHAT IT MEANS FOR YOU
The Binance hack is no longer only a crypto story. It is showing up in the share prices of listed crypto companies, on a day when Intel also had a record drop, so both crypto and traditional markets are under pressure at once.
receipt R-0090 · x: https://x.com/DeItaone/status/2116162472524873976 https://x.com/DeItaone/status/2116162598202646584 · 30 oct 13:41 utc · by data butcher