Crypto-linked stocks fall after $6.3 bln Binance theft

By Reuters News

** Cryptocurrency and blockchain-related firms slide in premarket trading

** Hackers stole $6.3 bln from Binance, the world's biggest cryptocurrency exchange, in a record theft that analysts pinned on North Korea

** Binance halted withdrawals, said it would cover losses; about $3 bln of lost assets located

** Stablecoin issuers Tether and Circle froze nearly $1.57 bln and $800 mln in assets linked to the incident, respectively

** Circle Internet CRCL.N wobbles 4.9%

** Bitcoin slipped just over 1%, but was trading at its lowest in over a month

** Shares of crypto exchange Coinbase Global COIN.O drop 4.7%; quarterly results showed it returned to profitability

** BTC hoarder Strategy MSTR.O loses 5.1%; revenue at Michael Saylor's firm also fell 3% YoY, results showed

** Crypto miners Riot Platforms RIOT.O slides 5.4%, Mara Holdings MARA.O falls 4.8%

** Retail trading platform Robinhood Markets HOOD.O tumbles 5.7%

** Shares of American Bitcoin ABTC.O, backed by two eldest sons of US President Donald Trump, down 2.8%; ABTC is a majority-owned subsidiary of Hut 8 HUT.O, also down 5.7%

** ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O fall 3.6% each

** Bitcoin has lost about 11% YTD

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