BNB Price Prediction: Binance Covers a $6.3B Hack as Pepeto's Self Custody Exchange Presale Tops $11.2M Before Listing
11-01-2026 09:41 PM CET | Business, Economy, Finances, Banking & Insurance
Press release from: TOKENWIRE
/ PR Agency: https://www.tokenwire.io
Anyone checking the BNB price prediction this weekend wants one answer: was that scare the bottom? BNB fell 8% to about $693 after the Binance hack. Yet Binance set aside more than $6.34 billion in company funds to cover what users lost.
The last time Binance was hacked, in 2019, it lost 7,000 BTC and paid users from its safety fund. BNB climbed within weeks. A scare like this changes where traders put their money. Some of it is moving into Pepeto ( https://pepetocoin.net ) , whose self custody exchange has pulled more than $11.2 million into its presale before listing.
Binance Lost $6.3 Billion and Kept Standing
The BNB price prediction changed on October 29, when attackers took about $6.3 billion from Binance in a record theft. About $3 billion has since been located and frozen, close to half the loss. Binance said it would pay back every user from company funds.
The reserve it named covers the full theft on its own. On Oc...