Hacking News
Crypto stocks drop as Binance hack and Coinbase earnings impact market
Crypto stocks fell as much as 12.54% following Coinbase's earnings report and a reported $6.3 billion hack of Binance. Coinbase shares dropped 12.5% in the session. The hack and earnings weighed on overall trading activity. Meanwhile, the Strategy index recovered from its session low. The decline impacted a range of crypto‑related equities across the market.