Coinbase leads crypto stock selloff following $6.3B Binance hack

Crypto Stocks Slide as Binance Hack Rattles Digital Asset Markets

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Crypto Market Data (as of Oct 30, 2026):

| Coin | Price | Change | |---|---|---| | DOGE | $0.07546 | 1.31% | | TRX | $0.3255 | 3.89% | | LINK | $11.42 | 2.64% | | ZEC | $1,262.97 | 0.99% | | ADA | $0.1931 | 0.51% | | XRP | $1.24 | 1.32% | | ETH | $2,242.51 | 0.28% | | BTC | $77,238.46 | 1.73% | | XMR | $596.64 | 0.82% | | BNB | $703.67 | 1.74% | | XLM | $0.1689 | 1.18% | | SOL | $95.91 | 2.32% | | HYPE | $88.22 | 5.42% |

Written by:

  • Nate Kostar, staff writer
  • Yohan Yun, staff editor

Coinbase leads crypto stock selloff following $6.3B Binance hack

Markets

Published: Oct 30, 2026

Circle, Strategy and other crypto-linked stocks experienced sharp declines on Friday, following Binance’s announcement of a $6.3 billion security breach.

Publicly traded cryptocurrency companies, including:

  • Coinbase: Dropped over 13%
  • Circle Internet Group (CRCL): Fell more than 9%
  • Strategy (MSTR): Declined by approximately 8%

as well as Bitcoin mining and data center operator IREN (IREN), whose shares fell over 10%, and blockchain-based financial services company Figure Technology Solutions (FIGR), which dropped around 9%.

These declines followed Binance’s disclosure of the hack on Thursday, marking the largest cryptocurrency theft on record.

Related Stories:

  • Binance working with FBI to recover assets following $6.3B hack
  • Crypto gains lift Coinbase, Strategy profits as revenue falls

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