{"id":685048,"date":"2026-11-09T14:52:49","date_gmt":"2026-11-09T14:52:49","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/11\/09\/analysts-see-no-broader-contagion-from-6-3b-binance-hack\/"},"modified":"2026-11-09T14:52:49","modified_gmt":"2026-11-09T14:52:49","slug":"analysts-see-no-broader-contagion-from-6-3b-binance-hack","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/11\/09\/analysts-see-no-broader-contagion-from-6-3b-binance-hack\/","title":{"rendered":"Analysts see no broader \u2018contagion\u2019 from $6.3B Binance hack"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/11\/01M708577YNJM1YTD403ZVNDXB\/hi-volatility2.jpg\" alt=\"Analysts see no broader \u2018contagion\u2019 from $6.3B Binance hack\" class=\"type:primaryImage\" \/><\/p>\n<p>Binance\u2019s pledge to cover all user losses helped contain the fallout from the $6.3 billion hack, analysts said.<\/p>\n<p>Binance\u2019s pledge to cover user losses from its $6.3 billion hack helped contain the fallout across crypto markets, analysts told Cointelegraph.<\/p>\n<p>\u201cThere doesn\u2019t seem to be any contagion-type effect from the hack, given that Binance is able to cover the losses using its balance sheet,\u201d Martin Lee, market insights lead at DWF Labs, told Cointelegraph. He said investors turned their focus to the implications of the US midterm elections.<\/p>\n<p>Binance\u2019s daily net outflows fell to $458 million in the 24 hours leading to Monday\u2019s publication time, down from $6.1 billion on Nov. 2 after withdrawals resumed, according to <a href=\"https:\/\/defillama.com\/exchange\/binance?section=reserves\" rel=\"noopener noreferrer\" target=\"_blank\">DefiLlama<\/a>.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/markets\/analysts-no-contagion-effect-63b-binance-hack\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Binance\u2019s pledge to cover all user losses helped contain the fallout from the $6.3 billion hack, analysts said. Binance\u2019s pledge to cover user losses from its $6.3 billion hack helped contain the fallout across crypto markets, analysts told Cointelegraph. \u201cThere doesn\u2019t seem to be any contagion-type effect from the hack, given that Binance is able [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":685049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-685048","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/685048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=685048"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/685048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/685049"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=685048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=685048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=685048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}