TradingKey – Coinbase Global (NASDAQ: COIN) fell 10.62% to $143.54 on Friday, October 30, just above its lowest close of the past year, $141.09 on February 12. It was the first session after two blows on Thursday, October 29: a record $6.36 billion hack at Binance, the world’s largest crypto exchange, and Coinbase’s own third-quarter results, which showed transaction revenue down 44%.
The weekend brought some relief. Binance said it had replenished 95% of the losses and began reopening withdrawals on November 1. But the stock had already fallen about 24% in October, and its core trading business is shrinking.
What Happened at Binance
On October 29, attackers moved about $6.36 billion out of Binance wallets across ten blockchains, most of…






