Crypto markets face pressure following Binance security incident

Cryptocurrency markets have experienced downward pressure on Bitcoin and Ethereum prices following a reported security incident at the global exchange Binance. Reports indicate that the breach resulted in the theft of approximately USD 6.3 billion in crypto assets, though coordination with stablecoin issuers and blockchain partners reportedly allowed for the freezing of about USD 3 billion.

As of November 3, 2026, Bitcoin was trading around USD 77,014, marking a 1.86% decline over 24 hours. Ethereum was trading near USD 2,253, down 1.70% in the same period. Industry experts advise investors to maintain disciplined risk management and avoid making decisions based solely on short-term market sentiment caused by such security concerns.

In Indonesia, the Financial Services Authority (OJK) continues to provide a list of licensed digital financial asset trading providers to help users verify platform legality. Registered platforms include Bybit Indonesia and Indodax, among others, as the public seeks secure ways to trade assets like Bitcoin, Ethereum, and Solana.