Binance confirms $6.3B hot-wallet hack, world's largest crypto theft; freezes $3B
Binance says customer funds are safe and it expects to cover the losses, but the scale of the breach has rattled global crypto markets and triggered billions in
finance.yahoo · +14 outlets
Bitcoin tumbles below $77,000 as Binance hack rattles markets; $1.57B liquidated
The broad selloff hit bitcoin, ether and XRP alike, wiping out leveraged positions across exchanges.
finance.yahoo · +14 outlets
North Korea's Lazarus Group likely behind Binance hack, blockchain sleuths say
Attribution to the state-linked group would tie the theft to a long pattern of exchange breaches traced to Pyongyang.
finance.yahoo · +9 outlets
Binance hack began with $296M XRP drain after 36 hours of preparation, TRM Labs finds
The XRP-first withdrawal path shows the attacker pre-positioned for the operation before draining exchange reserves.
Cryptoslate · +1 outlets
Binance says $2.54B to $3B in assets frozen as Circle and Tether block stablecoins
Stablecoin issuers' ability to freeze funds at scale has become a central tool in containing the theft, with USD1, Tether and Ripple participating.
finance.yahoo · +9 outlets
Institutional investors pull funds from exchanges after Binance hack
Counterparty risk concerns are driving a flight of institutional capital away from centralized venues.
CoinDesk · +13 outlets
Moody's assigns Ripple's RLUSD A2 investment-grade rating, first for a stablecoin
The rating marks a first for a stablecoin and signals growing institutional acceptance of RLUSD, though Moody's flags bankruptcy risks.
KuCoin · +14 outlets
Strategy posts $19.5B Q3 net income as CFO resigns and MSTR falls 6%
Record profit came alongside a leadership shakeup at the largest corporate bitcoin holder.
CoinDesk · +1 outlets
Binance SAFU fund may not fully reimburse investors, experts warn
The exchange's emergency insurance fund faces questions over whether it can cover losses at this scale.
CNBC · +4 outlets
Coinbase lists Ripple's RLUSD across XRP Ledger, Ethereum and Base
Listing on the largest US exchange is the most significant distribution milestone for Ripple's $2.6B stablecoin to date.
CryptoNinjas · +14 outlets
ICE partners with Trade[XYZ] to bring Hyperliquid-based perpetual futures to US
The NYSE parent's move would give US traders regulated access to Hyperliquid-linked perps and sent HYPE up 15%.
CoinDesk · +14 outlets
Ripple targets $900M annualized product revenue as RLUSD hits $2.6B market cap
Ripple is closing in on a $1B revenue run rate driven by acquisitions and stablecoin growth even as XRP trades well below its record.
finance.yahoo · +13 outlets
RLUSD grew 88% this year while XRP fell 29%, raising questions about cannibalization
Ripple's CEO has publicly addressed whether the stablecoin is displacing XRP within the company's product strategy.
24/7 Wall St. · +11 outlets
Coinbase swings to $719M Q3 profit on crypto gains
The exchange returned to profitability on rising trading and asset gains.
Decrypt · +8 outlets
BNY Mellon expands Ripple custody tie-up for XRP and RLUSD
A custody arrangement with the $63T-asset bank deepens Ripple's institutional rails beyond retail exchange listings.
ad-hoc-news.de · +9 outlets
Switzerland's SIX lists first spot bitcoin ETF, breaking from European fund limits
The listing marks a divergence from EU rules that restrict spot crypto exposure in retail funds.
CoinDesk · +1 outlets
XRP drops 6% despite Ripple's projected $900M annualized revenue
The token's weakness despite positive company financials highlights the gap between Ripple's business and XRP's market price.
FXStreet · +1 outlets
Utah files criminal charges against Kalshi and executives over illegal gambling
The state action escalates the legal fight over prediction markets' regulatory status in the US.
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