Binance investigating hack with outflows up to $6.3 billion, largest in crypto history
Binance says it is investigating the breach and co-CEO Yi He pledged the exchange will cover all user losses, while reserve data shows drained wallets had backe
Coindesk · +14 outlets
Crypto liquidations hit $1.57 billion as Binance hack sends bitcoin and ether lower
Bitcoin fell to around $76,400 and BNB dropped 7.1% as leveraged long bets accounted for nearly 84% of forced closures, with Binance handling almost half.
Coindesk · +3 outlets
Strategy CFO Andrew Kang resigns as company posts record quarterly profit
Kang's departure came alongside $21 billion in quarterly operating income and 848,517 BTC in holdings, and MSTR stock fell 6%.
Coindesk · +3 outlets
Strategy reports $19.5 billion Q3 net income on $20.9 billion bitcoin gain
Strategy's results were driven by mark-to-market bitcoin gains, though revenue missed estimates and BTC-per-share fell.
Theblock · +14 outlets
Binance hacker splits $1.4 billion of bitcoin across 19 wallets no one can freeze
A CoinDesk trace shows 18,270 BTC sit in 19 wallets, 17 holding exactly 1,000 BTC each, and the hacker also dumped the little-known FUN token, crashing it 90%.
Coindesk · +12 outlets
Strategy shareholders approve daily dividends on four preferred stock series
Holders voted 99.3% in favor of shifting STRC, STRF, STRK and STRD to daily dividend payments to accelerate the funding machine.
Yahoo Finance · +14 outlets
North Korea's Lazarus Group likely behind Binance hack, blockchain sleuths say
Security researchers attributed Thursday's nearly $6 billion breach to the state-linked group long accused of crypto thefts.
Coindesk · +7 outlets
Institutional investors pull funds from exchanges after Binance hack
Withdrawals suggest fallout is spreading beyond Binance, as India's CoinDCX restricted new futures positions after a liquidity provider was disrupted.
Coindesk · +13 outlets
Walmart, Microsoft, JPMorgan among 38 companies objecting to OKX-ICE tokenized stock plans
Issuers cite pricing risks and a 30-day window to block third-party tokenization proposals, as a rival Canton venue prepares to launch with issuer-sponsored sto
Coindesk · +7 outlets
Binance hack began with $296 million XRP drain after 36 hours of preparation
A TRM Labs investigation found the attacker began preparing on Oct. 28 before executing the $6.36 billion exchange hack.
Cryptoslate · +5 outlets
Coinbase Q3 net income jumps 66% as prediction markets gain traction
Bernstein analysts said expanding prediction markets and derivatives helped offset weaker spot trading activity.
Theblock · +3 outlets
ICE partners with Trade[XYZ] to launch Hyperliquid-based perpetual futures in US, HYPE surges 15%
NYSE parent ICE will invest in the platform, and Stanley Druckenmiller backed the venture in his first X post after a $23 million indirect investment.
Theblock · +14 outlets
Polymarket suffers second multimillion-dollar breach in four months
The platform resumed trading after a $2.65 million exploit traced to a compromised third-party provider, its second such incident since June.
Cryptoslate · +2 outlets
Tether and Circle froze $1.79 billion in USDT and USDC after Binance outflows
Stablecoin issuers froze the funds as billions moved out of Binance hot wallets during the hack.
Theblock · +9 outlets
Trezor reports suspected hardware implant in Safe 5 sold by CryptoBilis
Trezor urged buyers of the reseller's devices to migrate funds after receiving a credible report of an implant inside a Safe 5.
Theblock · +14 outlets
Fed holds rates steady, bitcoin steady but December hike in play
Policymakers stood pat with dissent expected, leaving the path to a year-end move open.
CoinDesk · +13 outlets
Datavault AI says it cannot access its bitcoin, stock plunges
The Nasdaq-listed firm's shares cratered roughly 50% after it disclosed 817 BTC were stuck on an obscure exchange, spotlighting treasury custody risk.
Decrypt
Utah files criminal charges against Kalshi and executives over alleged illegal gambling
Attorney General Derek Brown charged Kalshi, Tarek Mansour and Luana Lopes Lara, escalating state-level pushback on prediction markets.
Theblock