TRON falls 6% as Binance hackers move $628 million through network

TRON (TRX) declined by about 6% on October 31, dropping toward $0.32 after a period of heightened volatility linked to the aftermath of Binance’s $6.3 billion security breach. This price movement reversed much of the token’s earlier rally that had peaked above $0.36 during the initial response to the incident. Investigators reported that the attack on Binance, a major global cryptocurrency exchange, began on October 29. During the breach, attackers spread stolen assets across ten blockchain networks in an effort to obscure their origins.

Source: CoinTurk News