Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto: Soon after the $6.3 billion hack of Binance, some political and administration figures began offering their opinions with a US election approaching on Nov. 3 and voting already having begun in many locations. Coinbase led a selloff in crypto-linked stocks following Binance’s record-breaking $6.3 billion hack, and Binance said it had set aside more than $6.34 billion to cover losses from the attack.

Soon after the $6.3 billion hack of Binance, the biggest in crypto history, some political and administration figures began offering their opinions with a US election approaching on Nov. 3 and voting already having begun in many locations.

President Donald Trump was asked at a news conference on Friday about the hack of Binance. “We don’t know. We’re looking at that, the hack with Binance. They’re saying they’re going to get it back, they’re saying they’re guaranteeing it,” he replied.

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