Geopolitics Alpha

Binance was Hacked. What Protections Exist for Crypto Customers?

Published . Updated .

GEOPOLITICS ALPHABinance was Hacked. WhatProtections Exist for CryptoCustomers?GEOPOLITICS ALPHA

The company said it was going to reimburse customers who have losses from the theft.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust-11.5% 30d

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

  • COIN Coinbase Global-28.7% 30d

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

  • MSTR Strategy-22.5% 30d

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

  • MARA MARA Holdings-9.9% 8d

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

  • RIOT Riot Platforms-47.1% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT+0.53%-0.04%base-5.14%after closeafter closeafter close
COIN+2.28%+0.17%base-10.88%after closeafter closeafter close
MSTR+3.14%-0.18%base-7.82%after closeafter closeafter close
MARA-1.96%-1.05%base-5.59%after closeafter closeafter close
RIOT-8.75%-1.24%base-6.78%after closeafter closeafter 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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

The company said it was going to reimburse customers who have losses from the theft.

Source: The New York Times

The price since 30 Oct 2026: iShares Bitcoin Trust ETF (IBIT) versus the S&P 500

CompanyWhenMoveStatus
Coinbase Global (COIN)that day-10.88%final price
Coinbase Global (COIN)three days earlier+0.17%final price
Coinbase Global (COIN)five days earlier+2.28%final price
iShares Bitcoin Trust ETF (IBIT)that day-5.14%final price
iShares Bitcoin Trust ETF (IBIT)three days earlier-0.04%final price
iShares Bitcoin Trust ETF (IBIT)five days earlier+0.53%final price
MARA Holdings (MARA)that day-5.59%final price
MARA Holdings (MARA)three days earlier-1.05%final price
MARA Holdings (MARA)five days earlier-1.96%final price
Strategy (MSTR)that day-7.82%final price
Strategy (MSTR)three days earlier-0.18%final price
Strategy (MSTR)five days earlier+3.14%final price
Riot Platforms (RIOT)that day-6.78%final price
Riot Platforms (RIOT)three days earlier-1.24%final price
Riot Platforms (RIOT)five days earlier-8.75%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 iShares Bitcoin Trust ETF (IBIT)

Companies tied to this story

  • IBIT iShares Bitcoin Trust ETF

    In “Binance was Hacked. What Protections Exist for Crypto Customers?,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story

  • CIBR First Tr Exchange-Traded Fd

    For “Binance was Hacked. What Protections Exist for Crypto Customers?,” 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

  • COIN Coinbase Global

    In “Binance was Hacked. What Protections Exist for Crypto Customers?,” Coinbase Global (COIN) is linked, with no stored direction, medium confidence. 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

    Strategy (MSTR) is linked, with no stored direction, medium confidence in the 30 Oct 2026 story “Binance was Hacked. What Protections Exist for Crypto Customers?.” 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 was Hacked. What Protections Exist for Crypto Customers?,” 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 30 Oct 2026 story “Binance was Hacked. What Protections Exist for Crypto Customers?.” 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

    In “Binance was Hacked. What Protections Exist for Crypto Customers?,” CrowdStrike Holdings (CRWD) is linked, with no stored direction, medium confidence. Reason on file: CrowdStrike Holdings (prepackaged software): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story

  • PANW Palo Alto Networks

    In “Binance was Hacked. What Protections Exist for Crypto Customers?,” Palo Alto Networks (PANW) is linked, with no stored direction, medium confidence. Reason on file: Palo Alto Networks (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story

iShares Bitcoin Trust ETF (IBIT)

The 30 Oct 2026 story “Binance was Hacked. What Protections Exist for Crypto Customers?” names iShares Bitcoin Trust ETF (IBIT) because of this story.

The link for iShares Bitcoin Trust ETF (IBIT) is this: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story

First Tr Exchange-Traded Fd (CIBR) is here too. Its reason reads: First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story

Dates in the story, and the iShares Bitcoin Trust ETF (IBIT) price range

CIBR traded between 98.09 and 110.59 across 20 sessions. The latest close on file is 107.88. COIN traded between 136.89 and 192.80 across 20 sessions. The latest close on file is 143.28. IBIT traded between 43.03 and 49.12 across 20 sessions. The latest close on file is 43.36.

How strong the case is around iShares Bitcoin Trust ETF (IBIT)

46 out of 100

“Binance was Hacked. What Protections Exist for Crypto Customers?” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.