Binance hit by $6.3 billion hack, Bitcoin ETF outflows surpass $1 billion

A series of security incidents and significant market movements shaped the cryptocurrency landscape on November 3, with Binance confirming a $6.3 billion hack, surging Bitcoin ETF outflows, a security breach at Brazil’s largest exchange, and key token governance proposals making headlines. CoinGecko reported that at 14:13 UTC on November 3, Bitcoin was trading at $77,129, marking a 0.91% loss over 24 hours. Ethereum dropped 0.39% to $2,278.62, while BNB fell 1.19% to $695.10 and Solana declined 1.01% to $93.09. XRP was the only major token among these five to post gains, rising 2.28% to $1.28. The prevailing market mood was underscored by the Crypto Fear & Greed Index, which registered 26, indicating continued investor caution.

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