CryptoSlate reports that Bitcoin reached an intraday low of $78,297 on Binance on October 29, before stabilizing around $79,126. This price movement coincided with significant transfers from Binance wallets, prompting the exchange to acknowledge a potential security issue. Binance stated it is actively investigating the situation and reviewing all relevant security measures.
AI-assisted source briefing. Based on the CryptoSlate RSS report; not independently verified.
Source published: Thu, 29 Oct 2026 22:45:24 +0000
[Read the original report](https://cryptoslate.com/bitcoin-whipsaws-below-79000-as-binance-hot-wallet-reportedly-drained-by-tornado-cash-linked-wallet/)
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