Bitcoin whipsaws below $79,000 as Binance hot wallet reportedly drained by Tornado Cash-linked wallet
Bitcoin hit an intraday low of $78,297 on Binance spot on Oct. 29 and sat near $79,126 at press time, as large transfers left Binance-labeled wallets. Binance shared on X that the exchange is “aware of reports of a potential security issue and are actively investigating.” It added: “Our security teams are reviewing all relevant… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Bitcoin hit an intraday low of $78,297 on Binance spot on Oct.
- 29 and sat near $79,126 at press time, as large transfers left Binance-labeled wallets.
- Binance shared on X that the exchange is “aware of reports of a potential security issue and are actively investigating.” It added: “Our security teams are reviewing all relevant… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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