Record Breaking Binance Hack Hits Markets, Kalshi Hits New Valuation, And More – Weekly Recap

Crypto Insight Summary: This week’s stories spanned exchange security, prediction markets, bitcoin treasury risk, earnings and tokenization. Binance investigated a potential multibillion-dollar hack, while Kalshi raised another $1 billion at a $40 billion valuation. Datavault AI said it could not access 817.6 BTC, Coinbase returned to profit with $719 million in Q3 net income, and DTCC launched a […] Crypto Insight Analysis: Direction: Bearish BNB Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Binance's potential multibillion-dollar hack raises security concerns, impacting investor confidence in BNB.