Could Binance’s $6.3B hack trigger a wider crypto sell-off?

Crypto Insight Summary: Binance is looking into a security breach that is estimated to have caused losses of $6.3 billion. It has frozen around $3 billion in assets and has stopped its users from making deposits and withdrawals. But the exchange has not yet determined how much money is lost forever. What Binance says it found According to... Crypto Insight Analysis: Direction: Bearish BNB Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: A $6.3B breach and withdrawal freeze could hit confidence and trigger broad selling.