Buy price
702.75
702.75
702.6
Information regarding past performance is not a reliable indicator of future performance.
BNB fell about 8% after Binance said on 29 Oct that hackers stole about $6.3 billion of client assets, the largest crypto theft on record. Binance froze about $3 billion and suspended withdrawals, and it said it set aside $6.34 billion of company funds to cover all losses and restore affected balances one for one. By 30 Oct it said about 80% of the stolen funds had been replenished.
A proof-of-reserves report and a phased restart of withdrawals are the next tests of trust. Reuters reported that the attack was blamed on North Korean hackers, which Binance has not confirmed. BNB is the token of Binance's own blockchain and gives fee discounts on the exchange, so its price depends on trust in Binance.
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Binance Coin
BNB
702.675
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