Geopolitics Alpha

How Binance’s $6.3 Billion Hack Went Down

Published . Updated .

DEFENSEHow Binance’s $6.3 Billion HackWent DownGEOPOLITICS ALPHA

A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.

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.

  • 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.

  • 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

TickerT-5T-3T-1T0T+1T+2T+3
CIBRNo price data for this ticker———————
IBIT+4.24%+6.39%baseafter closeafter closeafter closeafter close
COIN+11.38%+13.37%baseafter closeafter closeafter closeafter close
MSTRNo price data for this ticker———————
MARANo price data for this ticker———————
RIOTNo price data for this ticker———————
CRWDNo price data for this ticker———————
PANWNo 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

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.

A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.

Source: The New York Times

First Tr Exchange-Traded Fd (CIBR) since this story, compared with the market

CompanyWhenMoveStatus
Coinbase Global (COIN)three days earlier+13.37%final price
Coinbase Global (COIN)five days earlier+11.38%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

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 collects and who pays in defense

Companies tied to this story

  • CIBR First Tr Exchange-Traded Fd

    In “How Binance’s $6.3 Billion Hack Went Down,” 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

    In “How Binance’s $6.3 Billion Hack Went Down,” 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

  • COIN Coinbase Global

    In “How Binance’s $6.3 Billion Hack Went Down,” 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

    In “How Binance’s $6.3 Billion Hack Went Down,” 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 “How Binance’s $6.3 Billion Hack Went Down,” 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 31 Oct 2026 story “How Binance’s $6.3 Billion Hack Went Down.” 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 “How Binance’s $6.3 Billion Hack Went Down,” 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 31 Oct 2026 story “How Binance’s $6.3 Billion Hack Went Down.” 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 defense news reaches First Tr Exchange-Traded Fd (CIBR)

On 31 Oct 2026, “How Binance’s $6.3 Billion Hack Went Down” is the story that connects First Tr Exchange-Traded Fd (CIBR) to Defense.

The link for First Tr Exchange-Traded Fd (CIBR) is this: First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story

Also listed, iShares Bitcoin Trust ETF (IBIT): iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story

What this defense story puts on the calendar

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.

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

46 out of 100

“How Binance’s $6.3 Billion Hack Went Down” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.