Bitcoin Fork ECX Price Crashes 76% From Peak as Binance Hack Steals Spotlight

Ecash (ECX), a Bitcoin fork launched by Paul Sztorc’s Layertwo Labs, went live on Oct. 29, 2026, but its debut was quickly overshadowed. By 4:15 p.m. Eastern on Wednesday, Nov. 4, 2026, ECX was trading just above $32, down nearly 31% in the prior 24 hours, with a market capitalization of about $639 million. The token was designed to give nearly every $BTC holder an equivalent ECX balance at a 1:1 ratio (excluding Satoshi Nakamoto). The mainnet was producing blocks supported by roughly 943 PH/s. Exchange support is limited, and the same day Binance announced its $6.3 billion hack.