Geopolitics Alpha

Here’s when Binance plans to reopen after what’s believed to be the largest-ever $6.3 billion hack

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GEOPOLITICS ALPHAHere’s when Binance plans toreopen after what’s believed to bethe largest-ever $6.3 billion hackGEOPOLITICS ALPHA

Binance has vowed to get the exchange back up within a couple of days after a record $6.3 billion heist, which has rattled the industry and investors.

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.

  • CRWD CrowdStrike Holdings+20.6% 14d

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

  • PANW Palo Alto Networks+5.2% 30d

    Palo Alto Networks (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.

  • FTNT Fortinet+1.0% 30d

    Fortinet (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

TickerT-5T-3T-1T0T+1T+2T+3
CIBRNo price data for this ticker———————
CRWDNo price data for this ticker———————
PANWNo price data for this ticker———————
FTNTNo price data for this ticker———————

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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Binance has vowed to get the exchange back up within a couple of days after a record $6.3 billion heist, which has rattled the industry and investors.

Source: MarketWatch

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This story

12 out of 100

“Here’s when Binance plans to reopen after what’s believed to be the largest-ever $6.3 billion hack” scores 12 out of 100. The score uses 1 sources.