Binance hack: investigators trace $6.3B theft as exchange eyes Sunday reopening and sets aside $6.34B
Binance confirmed multiple breach points in a record hack, arranged $6.34B to cover losses, and said customer funds are safe while it targets a Sunday reopening
Cryptoslate · +9 outlets
Blockchain sleuths link North Korea's Lazarus Group to the $6.3B Binance breach
Attribution of the record hack to a state-linked group raises the geopolitical stakes and shapes how frozen funds and sanctions responses unfold.
Cryptoslate · +6 outlets
Binance hackers use automated transactions and novel laundering tactics to conceal $6.4B
Investigators describe complex, automated fund movements across thousands of wallets that are frustrating recovery efforts.
finance.yahoo · +4 outlets
Crypto market tumbles as Binance hack triggers $1.57B in liquidations; BTC slides to $76,400
Bitcoin and major tokens fell sharply as leveraged positions were wiped out, prompting Standard Chartered to warn of more pain.
CoinDesk · +6 outlets
Secret Service and FBI join Binance probe as Circle freezes $823M and issuers freeze billions
Stablecoin issuers and US agencies moved to freeze funds, while crypto figures questioned a perceived double standard on centralized freezes.
Decrypt · +4 outlets
Institutional investors pull funds from exchanges after Binance hack, India's largest exchange curbs futures
The breach is driving institutional withdrawals and liquidity disruption at venues beyond Binance itself.
CoinDesk · +14 outlets
Binance hacker took 18,270 bitcoin no one can freeze and dumped a 2017 token down 90%
On-chain tracing shows a portion of the stolen funds sits in bitcoin that cannot be frozen, while a long-dormant token was liquidated.
CoinDesk · +5 outlets
Ethereum's EIP-7702 upgrade enabled part of the Binance drain, researchers say
The delegation feature was used to bypass normal approval controls, drawing scrutiny to an upgrade designed to improve wallet flexibility.
Decrypt · +12 outlets
Wall Street analysts urge buying crypto stocks after the $6.3B Binance hack
Analysts framed the selloff in crypto-linked equities as a buying opportunity, though crypto stocks fell sharply on the news.
CoinDesk · +5 outlets
Trezor reports suspected hardware implant in a Safe 5 wallet sold by CryptoBilis
A suspected tampered hardware wallet in the resale channel highlights supply-chain risk for self-custody users.
The Block · +14 outlets
Polymarket suspends trading after third-party breach causes user losses
The prediction market paused trading pending an investigation into a security incident affecting customer funds.
CoinDesk · +14 outlets
NYSE owner ICE teams with Trade[XYZ] to bring Hyperliquid-based perpetual futures to the US
The move would bring a decentralized perpetuals venue into the US regulatory perimeter, lifting the HYPE token.
CoinDesk · +14 outlets
Strategy posts record quarterly profit as CFO resigns; MSTR stock falls 6%
The bitcoin-treasury company's leadership change coincided with its strongest earnings to date.
CoinDesk · +2 outlets
US Treasury sanctions 11 over North Korean IT worker scheme that moved millions in crypto
The sanctions target Russian nationals accused of laundering crypto proceeds for North Korean IT workers.
CoinDesk · +4 outlets
Coinbase swings to $719 million Q3 profit on crypto gains
The exchange returned to profitability as crypto prices rose during the quarter.
Decrypt · +4 outlets
Switzerland's SIX lists first spot bitcoin ETF, breaking from European fund limits
The listing expands European access to spot bitcoin exposure under a distinct regulatory approach.
CoinDesk
Polygon adds Solana to its stablecoin payment stack linking banks, crypto and payouts
The integration targets bank-connected stablecoin payments across two major networks.
The Block
Justin Sun's HTX agrees to exit the UK in settlement with the FCA
The exchange's UK withdrawal follows a settlement with the financial regulator amid a broader exit from sanctioned and restricted markets.
Decrypt