Crypto firm Binance covers 90% of losses after $6.3bn hack
Published . Updated .
The Federal Bureau of Investigation (FBI) says North Korea was responsible for the hack.
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-11.5% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.
- EWY iShares MSCI South Korea ETF-19.2% 30d
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”).
- 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.
- CRWD CrowdStrike Holdings+5.9% 13d
CrowdStrike Holdings (prepackaged software): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.
- PANW Palo Alto Networks-1.6% 30d
Palo Alto Networks (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| CIBR | +7.38% | +6.85% | base | after close | after close | after close | after close |
| IBIT | +4.24% | +6.39% | base | after close | after close | after close | after close |
| EWY | -0.14% | +8.46% | base | after close | after close | after close | after close |
| COIN | +11.38% | +13.37% | base | after close | after close | after close | after close |
| MSTR | +7.15% | +11.26% | base | after close | after close | after close | after close |
| MARA | +1.18% | +8.88% | base | after close | after close | after close | after close |
| CRWD | +4.57% | +6.52% | base | after close | after close | after close | after close |
| PANW | +6.71% | +7.77% | base | after close | after close | after close | 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.
Market Call
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The Federal Bureau of Investigation (FBI) says North Korea was responsible for the hack.
Source: BBC
First Tr Exchange-Traded Fd (CIBR) since “Crypto firm Binance covers 90% of losses after $6.3bn hack,” compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| 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) | three days earlier | +13.37% | final price |
| Coinbase Global (COIN) | five days earlier | +11.38% | 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) | 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) | three days earlier | +6.39% | final price |
| iShares Bitcoin Trust ETF (IBIT) | five days earlier | +4.24% | final price |
| MARA Holdings (MARA) | three days earlier | +8.88% | final price |
| MARA Holdings (MARA) | five days earlier | +1.18% | final price |
| Strategy (MSTR) | three days earlier | +11.26% | final price |
| Strategy (MSTR) | five days earlier | +7.15% | final price |
| Palo Alto Networks (PANW) | three days earlier | +7.77% | final price |
| Palo Alto Networks (PANW) | five days earlier | +6.71% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 58 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 75 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Coinbase Global (COIN), worth $1,001 - $15,000 on 10 Aug 2026. That is 83 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Strategy (MSTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 83 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold CrowdStrike Holdings (CRWD), worth $100,001 - $250,000 on 21 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought CrowdStrike Holdings (CRWD), worth $1,001 - $15,000 on 7 Aug 2026. That is 86 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Palo Alto Networks (PANW), worth $15,001 - $50,000 on 28 Aug 2026. That is 65 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Palo Alto Networks (PANW), worth $500,001 - $1,000,000 on 21 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
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 is named in “Crypto firm Binance covers 90% of losses after $6.3bn hack”
Companies carried with this story
- CIBR First Tr Exchange-Traded Fd
First Tr Exchange-Traded Fd (CIBR) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Crypto firm Binance covers 90% of losses after $6.3bn hack.” Reason on file: First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story
- IBIT iShares Bitcoin Trust ETF
In “Crypto firm Binance covers 90% of losses after $6.3bn hack,” 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
- EWY Ishares Msci South Korea Etf
For “Crypto firm Binance covers 90% of losses after $6.3bn 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 (“korea”)
- COIN Coinbase Global
In “Crypto firm Binance covers 90% of losses after $6.3bn hack,” 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 1 Nov 2026 story “Crypto firm Binance covers 90% of losses after $6.3bn hack.” 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
MARA Holdings (MARA) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Crypto firm Binance covers 90% of losses after $6.3bn hack.” Reason on file: MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story
- CRWD CrowdStrike Holdings
In “Crypto firm Binance covers 90% of losses after $6.3bn hack,” 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
Palo Alto Networks (PANW) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “Crypto firm Binance covers 90% of losses after $6.3bn hack.” Reason on file: Palo Alto Networks (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story
How “Crypto firm Binance covers 90% of losses after $6.3bn hack” reaches First Tr Exchange-Traded Fd (CIBR)
First Tr Exchange-Traded Fd (CIBR) is the company in “Crypto firm Binance covers 90% of losses after $6.3bn hack,” the 1 Nov 2026 this story story.
What ties First Tr Exchange-Traded Fd (CIBR) to the headline is this: First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story
A second company, iShares Bitcoin Trust ETF (IBIT), is listed for a different reason: 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 192.47 across 20 sessions. The latest close on file is 152.92. 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 First Tr Exchange-Traded Fd (CIBR)
46 out of 100
“Crypto firm Binance covers 90% of losses after $6.3bn hack” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.