Geopolitics Alpha

Binance users withdraw $3.6bn after largest-ever crypto hack

Published . Updated .

Key takeaways

  • The exchange froze transactions following the incident which has been linked to a North Korean group.
  • Exposed: CIBR, IBIT, EWY, COIN, MSTR
  • Market reaction: IBIT +4.6% after two sessions; CIBR −3.6% after two sessions; RIOT +19.9% after two sessions

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Binance users withdraw $3.6bn after largest-ever crypto hack

The exchange froze transactions following the incident which has been linked to a North Korean group.

Directly affected

  • No company is named in this report.

Indirectly affected

  • CIBR First Trust NASDAQ Cybersecurity ETF+6.1% 30d

    First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story.

  • IBIT iShares Bitcoin Trust-8.0% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.

  • EWY iShares MSCI South Korea ETF-21.2% 30d

    iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korean”).

  • COIN Coinbase Global-23.9% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • MSTR Strategy-16.4% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • MARA MARA Holdings-7.6% 5d

    MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • RIOT Riot Platforms-34.5% 30d

    Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.

  • CRWD CrowdStrike Holdings+1.5% 10d

    CrowdStrike Holdings (prepackaged software): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CIBR+7.38%+6.85%base-4.22%-3.71%-3.58%after close
IBIT+4.24%+6.39%base+0.12%+1.55%+4.61%after close
EWY-0.14%+8.46%base-0.87%+1.35%-0.44%after close
COIN+11.38%+13.37%base-4.66%+1.47%+6.02%after close
MSTR+7.15%+11.26%base-0.25%+3.87%+9.20%after close
MARA+1.18%+8.88%base-5.40%+6.21%-0.15%after close
RIOT-1.41%+13.21%base-8.60%+9.62%+19.90%after close
CRWD+4.57%+6.52%base-3.44%-2.30%-2.63%after close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

The exchange froze transactions following the incident which has been linked to a North Korean group.

Source: BBC

Price since this story was published: First Tr Exchange-Traded Fd (CIBR)

CompanyWhenMoveStatus
First Tr Exchange-Traded Fd (CIBR)that day-4.22%final price
First Tr Exchange-Traded Fd (CIBR)the next day-3.71%final price
First Tr Exchange-Traded Fd (CIBR)two days later-3.58%final price
First Tr Exchange-Traded Fd (CIBR)three days earlier+6.85%final price
First Tr Exchange-Traded Fd (CIBR)five days earlier+7.38%final price
Coinbase Global (COIN)that day-4.66%final price
Coinbase Global (COIN)the next day+1.47%final price
Coinbase Global (COIN)two days later+6.02%final price
Coinbase Global (COIN)three days earlier+13.37%final price
Coinbase Global (COIN)five days earlier+11.38%final price
CrowdStrike Holdings (CRWD)that day-3.44%final price
CrowdStrike Holdings (CRWD)the next day-2.30%final price
CrowdStrike Holdings (CRWD)two days later-2.63%final price
CrowdStrike Holdings (CRWD)three days earlier+6.52%final price
CrowdStrike Holdings (CRWD)five days earlier+4.57%final price
Ishares Msci South Korea Etf (EWY)that day-0.87%final price
Ishares Msci South Korea Etf (EWY)the next day+1.35%final price
Ishares Msci South Korea Etf (EWY)two days later-0.44%final price
Ishares Msci South Korea Etf (EWY)three days earlier+8.46%final price
Ishares Msci South Korea Etf (EWY)five days earlier-0.14%final price
iShares Bitcoin Trust ETF (IBIT)that day+0.12%final price
iShares Bitcoin Trust ETF (IBIT)the next day+1.55%final price
iShares Bitcoin Trust ETF (IBIT)two days later+4.61%final price
iShares Bitcoin Trust ETF (IBIT)three days earlier+6.39%final price
iShares Bitcoin Trust ETF (IBIT)five days earlier+4.24%final price
MARA Holdings (MARA)that day-5.40%final price
MARA Holdings (MARA)the next day+6.21%final price
MARA Holdings (MARA)two days later-0.15%final price
MARA Holdings (MARA)three days earlier+8.88%final price
MARA Holdings (MARA)five days earlier+1.18%final price
Strategy (MSTR)that day-0.25%final price
Strategy (MSTR)the next day+3.87%final price
Strategy (MSTR)two days later+9.20%final price
Strategy (MSTR)three days earlier+11.26%final price
Strategy (MSTR)five days earlier+7.15%final price
Riot Platforms (RIOT)that day-8.60%final price
Riot Platforms (RIOT)the next day+9.62%final price
Riot Platforms (RIOT)two days later+19.90%final price
Riot Platforms (RIOT)three days earlier+13.21%final price
Riot Platforms (RIOT)five days earlier-1.41%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around First Tr Exchange-Traded Fd (CIBR)

Companies carried with this story

  • CIBR First Tr Exchange-Traded Fd

    In “Binance users withdraw $3.6bn after largest-ever crypto hack,” First Tr Exchange-Traded Fd (CIBR) is linked, with no stored direction, medium confidence. Reason on file: First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story

  • IBIT iShares Bitcoin Trust ETF

    iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Binance users withdraw $3.6bn after largest-ever crypto hack.” Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story

  • EWY Ishares Msci South Korea Etf

    In “Binance users withdraw $3.6bn after largest-ever crypto hack,” Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korean”)

  • COIN Coinbase Global

    Coinbase Global (COIN) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Binance users withdraw $3.6bn after largest-ever crypto hack.” Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • MSTR Strategy

    For “Binance users withdraw $3.6bn after largest-ever crypto hack,” Strategy (MSTR) is linked, with no stored direction, medium confidence. Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • MARA MARA Holdings

    In “Binance users withdraw $3.6bn after largest-ever crypto hack,” MARA Holdings (MARA) is linked, with no stored direction, medium confidence. Reason on file: MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • RIOT Riot Platforms

    Riot Platforms (RIOT) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Binance users withdraw $3.6bn after largest-ever crypto hack.” Reason on file: Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story

  • CRWD CrowdStrike Holdings

    CrowdStrike Holdings (CRWD) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Binance users withdraw $3.6bn after largest-ever crypto hack.” Reason on file: CrowdStrike Holdings (prepackaged software): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story

How “Binance users withdraw $3.6bn after largest-ever crypto hack” reaches First Tr Exchange-Traded Fd (CIBR)

The 2 Nov 2026 story “Binance users withdraw $3.6bn after largest-ever crypto hack” names First Tr Exchange-Traded Fd (CIBR) because of this story.

For First Tr Exchange-Traded Fd (CIBR), the reason on file says First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story

iShares Bitcoin Trust ETF (IBIT) is here too. Its reason reads: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story

The price range for First Tr Exchange-Traded Fd (CIBR), and the dates in the story

CIBR traded between 98.09 and 110.59 across 20 sessions. The latest close on file is 107.88. EWY traded between 148.30 and 190.33 across 20 sessions. The latest close on file is 151.81. IBIT traded between 43.03 and 48.07 across 20 sessions. The latest close on file is 44.03.

What the saved facts support for First Tr Exchange-Traded Fd (CIBR)

46 out of 100

“Binance users withdraw $3.6bn after largest-ever crypto hack” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.