Binance confirmed a multibillion-dollar breach across its wallets, suspended withdrawals and trading, and said it is investigating how attackers got in.

Tether, Circle and other issuers and exchanges blacklisted and froze billions in stablecoins and tokens tied to the breach, a rare coordinated response.

BTC slid to its lowest since September and BNB dropped as the breach sparked a broad crypto selloff and heavy leveraged liquidations.

TRM Labs and on-chain sleuths attributed the theft to North Korea's TraderTraitor unit with high confidence, linking it to earlier Bybit and Bitget heists.

Binance attributed the intrusion to a hacked internal laptop and a private-key misuse rather than a direct theft from user wallets, with the drain reportedly st

The attacker's bitcoin haul and over 500,000 ETH stash underscore how much of the stolen funds sit in assets that cannot be frozen.

The attacker's attempts to move stolen funds through DeFi venues prompted several exchanges to halt trading and heightened scrutiny of bridges and mixers.

Coinbase swung to a $719 million quarterly profit, helped by trading gains and growing engagement with prediction markets.

Binance's major shareholder and co-founder said customer funds remain intact, while figures including Elon Musk weighed in on the scale of the heist.

The prediction market halted trading while investigating another security incident, its second major breach this year amid a broader crypto security scare.

Security researchers said attackers could have drained wallets without Ethereum's EIP-7702 upgrade, though it may have helped bypass withdrawal safeguards.

Trezor reported a suspected tampered hardware wallet sold through reseller CryptoBilis, a reminder that supply-chain attacks extend beyond exchanges.

The Depository Trust & Clearing Corporation's tokenized collateral platform drew major institutions, though a narrow eligible-asset list limits near-term impact

RUNE rallied as traders bet the cross-chain protocol, previously used in the Bybit and Bitget heists, would again move Binance-hack funds.

Polygon is pushing its payment rails onto rival Solana as it looks to reposition its business around stablecoin settlement for banks.

ICE's plans for US-listed perpetual futures lifted Hyperliquid's token as the venue gains mainstream market-structure attention.

The bank's Geoffrey Kendrick said the breach may push traders toward DEXs and reinforced his bullish case for Uniswap's UNI token.

The bitcoin treasury company's disclosure that it cannot withdraw its BTC raised questions about custody practices at corporate holders.