Binance hit by $6.3 billion hack, largest in crypto history; withdrawals halted and $2.54B frozen
Binance said attackers drained reserve wallets backing customer assets and that it will cover all user losses, while Tether and Circle froze roughly $1.8 billio
Coindesk · +13 outlets
Crypto liquidations top $1.5 billion as bitcoin slides below $77,000 on Binance hack fallout
Long positions accounted for the bulk of forced closures, with Binance handling nearly half the total as BTC, ETH and XRP sold off sharply before a partial rebo
Coindesk · +13 outlets
North Korea's Lazarus Group likely behind Binance hack, blockchain researchers say
Security analysts attribute the record theft to the sanctioned Lazarus Group, with TRM Labs reporting at least 36 hours of preparation starting with a $296 mill
Coindesk · +14 outlets
Binance hacker holds 18,270 BTC and 500,000 ETH, split across 19 wallets no one can freeze
Blockchain traces show the attacker's bitcoin stash exceeds Coinbase's reported corporate holdings, and the hacker has been dumping small illiquid tokens into t
Coindesk · +5 outlets
Institutional investors pull funds from exchanges as Binance hack fallout spreads
Withdrawals suggest the breach's impact is extending beyond Binance, and India's CoinDCX restricted new futures positions after a liquidity provider was disrupt
Coindesk · +1 outlets
Binance hack drained wallets listed as backing customer balances, reserve data shows
Binance's own proof-of-reserves data lists the drained wallets as customer-asset backing, leaving ether reserves an estimated 6% short until the exchange replen
Coindesk · +9 outlets
Strategy posts record $19.5 billion Q3 net income on $21 billion bitcoin gain, CFO resigns
The company holds 848,517 BTC and approved daily dividends on its preferreds, but bitcoin per share fell and MSTR shares dropped about 6%.
Coindesk · +6 outlets
NYSE parent ICE partners with and invests in Trade[XYZ] to bring Hyperliquid perps to the US
The venture would launch regulated, Hyperliquid-based perpetual futures in the U.S., sending HYPE up more than 13% and drawing backing from Druckenmiller's fami
Theblock · +13 outlets
Polymarket pauses trading after third-party breach causes over $2.5 million in user losses
The prediction market placed its exchange in cancel-only mode and later resumed trading, saying a third-party provider was compromised, its second multimillion-
Theblock · +14 outlets
Coinbase Q3 net income jumps 66% as prediction markets and derivatives gain traction
The beat came as expanding prediction markets and derivatives businesses offset weaker spot trading activity, according to Bernstein analysts.
Theblock · +10 outlets
Saylor says Strategy has $30 billion in credit capacity for more bitcoin buys
Saylor said the company could raise up to $30 billion in digital credit without new common-stock sales or further BTC price gains, as STRC preferreds neared the
Cointelegraph · +14 outlets
Trezor warns CryptoBilis buyers to move funds after suspected hardware implant in Safe 5
Trezor said it received a credible report of an implant inside a Safe 5 device sold by the reseller and urged customers who bought since March to migrate funds.
Cointelegraph · +10 outlets
Standard Chartered warns of more crypto downside after Binance breach
The bank said crypto prices may stay under pressure before finding a base following the $6.3 billion Binance hack and a separate Polymarket exploit.
Coindesk · +6 outlets
Walmart, Microsoft, JPMorgan and Eli Lilly object to OKX-ICE tokenized stock plans
Objections now total 38 companies as issuers weigh pricing risk and a 30-day window to block third-party tokenization, while a rival Canton venue prepares an is
Coindesk · +10 outlets
Researchers say a 30,000-qubit machine could threaten 6 million exposed bitcoin
The Alice & Bob model cuts the hardware needed for a potential key-breaking attack by 17 times, increasing pressure to adopt quantum-resistant security sooner.
CoinDesk · +4 outlets
Polygon and Solana team up to bring stablecoin payments to banks
The two networks are connecting Solana's stablecoin activity with Polygon's banking, wallet and payment infrastructure for business payouts.
Coindesk · +13 outlets
Bitcoin developers patch three security flaws uncovered by AI
The October 28 advisory identifies four patched releases, with the 29.x line now at end of life.
Cryptoslate
Switzerland's first spot bitcoin ETF lists on SIX with rare exemption
SIX Swiss Exchange confirmed international access while FINMA explained the approval and whether ether and solana funds could follow.
Coindesk