Viral Altcoin Pumps and Dumps, PEPE Stays Green Amid the Market Sell-Оff: Bits Recap October 30

Binance, the largest cryptocurrency exchange, was hit by a $6.3 billion hack, the week’s largest crypto development; the breach set off roughly $1.5 billion of forced liquidations, mostly bets that prices would rise, and the sector’s total market value fell 3.6% over 24 hours to about $2.68 trillion. Binance separately said it would delist numerous spot and margin trading pairs on October 30 and briefly suspended ETH-network deposits and withdrawals for wallet maintenance on October 28. Earlier, Quack AI hit a record $0.24 and nearly $1 billion market value before falling to about $0.06, while PEPE rose 6% to about $0.0000052 after Justin Sun’s holdings reached 11.85 trillion coins.