Zhao asks Musk for 'respect' after $6.3 billion Binance hack
CNBC reported Changpeng Zhao asked Elon Musk to stop “trolling” and to show 'respect' after a $6.3 billion hack, noting Binance’s $1 billion‑plus SpaceX stake.
What happened
CNBC reported on Oct 30, 13:29 UTC that Binance co‑founder Changpeng Zhao asked Elon Musk to stop “trolling” and to show 'respect' after a $6.3 billion hack. The report said the post was about bitcoin and that Zhao pointed to Binance’s $1 billion‑plus SpaceX stake. The item named Binance, Zhao and Musk as the parties involved.
Crypto market context
As of Oct 30, 15:01 UTC, Finnhub shows bitcoin at $77,358.01, ether at $2,241.48, solana at $94.84 and XRP at $1.2474 — bitcoin fell 4.81% from the prior close; ether, solana and XRP fell 4.50%, 6.86% and 4.33% from the prior close, respectively.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| Nasdaq 100 (via QQQ ETF) | $696.62 | -2.62% | vs prior close | Oct 30, 15:00 UTC | Finnhub |
| Bitcoin | $77,358.01 | -4.81% | vs prior close | Oct 30, 15:01 UTC | Finnhub |
| Ether | $2,241.48 | -4.50% | vs prior close | Oct 30, 15:01 UTC | Finnhub |
| Solana | $94.84 | -6.86% | vs prior close | Oct 30, 15:01 UTC | Finnhub |
| XRP | $1.2474 | -4.33% | vs prior close | Oct 30, 15:01 UTC | Finnhub |
| US Dollar Index (via UUP ETF) | $29.03 | -0.03% | vs prior close | Oct 30, 14:59 UTC | Finnhub |
Related coverage
CoinDesk reported how big bitcoin traders responded after the Binance hack hit. Cointelegraph reported that bitcoin and ether tumbled and the broader crypto market fell 3.3%, and ran a separate piece on price metrics after $1.6B liquidations. CoinDesk also reported crypto liquidations jumped to $1.57 billion.
- 'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack — CNBC, Oct 30, 13:29 UTC
- Here's how big bitcoin traders responded after the Binance hack hit — CoinDesk, Oct 30, 11:51 UTC
- Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides — Cointelegraph, Oct 29, 23:24 UTC
- Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack — Cointelegraph, Oct 30, 11:29 UTC
- Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower — CoinDesk, Oct 30, 11:09 UTC
Sources and data
- CNBC (secondary source) — 'Bad time to troll': Binance cofounder Changpeng Zhao asks Elon Musk for 'respect' after post about bitcoin hack
- CoinDesk (secondary source) — Here's how big bitcoin traders responded after the Binance hack hit
- Cointelegraph (secondary source) — Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides
- Finnhub (market data) — market data
Market data as of Oct 30, 15:01 UTC; report generated Oct 30, 15:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
US Dollar Index (DXY)
An index of the US dollar's value against a basket of six currencies: the euro (the largest weight, about 58%), Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Liquidation
The forced closing of a leveraged position when its collateral no longer covers potential losses.
Sources & data
- CNBC (secondary, retrieved Oct 30, 2026, 03:02 PM UTC)
- CoinDesk (secondary, retrieved Oct 30, 2026, 03:02 PM UTC)
- Cointelegraph (secondary, retrieved Oct 30, 2026, 03:02 PM UTC)
- Finnhub (market-data, retrieved Oct 30, 2026, 03:02 PM UTC)
Market data as of Oct 30, 2026, 03:01 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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