Binance drained of roughly $6.3B in suspected hack; withdrawals suspended, FBI and Secret Service join probe
The single largest exchange incident in years forced a halt on withdrawals and drew US law enforcement and stablecoin issuer freezes, making custody and exchang
Decrypt · +7 outlets
Crypto market slides on Binance hack as $1.5B in liquidations hit; BTC falls to about $76,400
Leveraged longs were flushed as bitcoin slid toward the mid-$70,000s, with traders noting the drawdown was far shallower than past exchange failures.
CoinDesk · +9 outlets
Circle and Tether freeze roughly $1.8B in stolen Binance funds; Circle alone freezes $823M
Stablecoin issuers moved quickly to blacklist stolen balances, a step that complicates laundering but also highlights their central role in policing on-chain fl
Decrypt · +3 outlets
Chainalysis and TRM tie $6.4B Binance hack to North Korea's TraderTraitor and Lazarus Group
Attribution to state-linked actors would put the incident in the same lineage as prior DPRK exchange thefts and raise the stakes for sanctions enforcement.
Decrypt · +1 outlets
Binance says it holds $5B to $6.34B in matching tokens to cover hack losses; CEO says assets are safe
Binance's stated reserve backing is the central test of whether it can make depositors whole without a broader solvency scare.
cointelegraph.com · +7 outlets
Zcash founder Zooko Wilcox and Sean Bowe back plan to cut 50,000 ZEC from the grants treasury
The proposal, arriving on Zcash's tenth anniversary, would shrink the roughly $125 million development treasury and reshape how the network funds itself.
Yahoo Finance · +2 outlets
ZIP 1016 author Josh Swihart calls to end Zcash's development fund entirely
A leading governance voice pushing for full elimination of the 8% dev allocation raises the possibility that Zcash's funding debate ends in a hard fork or a muc
Yahoo Finance
Binance hackers use automated transactions to launder $6.4B; DeFi venues pause markets over exit-ramp hunt
Automated laundering and defensive market halts show the on-chain chase is now as consequential as the initial theft.
Yahoo Finance · +2 outlets
EIP-7702, the Ethereum upgrade cited in the $6.4B Binance hack, explained
Focus on the account-abstraction feature suggests the exploit may rest on delegation mechanics rather than a flaw in Ethereum consensus itself.
Decrypt · +2 outlets
Zcash votes for 25-second blocks in NU7 upgrade, pushes NSM reissuance to 2031
Faster blocks are the network's main throughput pitch as it competes for shielded-payment usage beyond its privacy niche.
CoinMarketCap · +7 outlets
Hyperliquid's HYPE jumps as ICE (NYSE owner) moves to bring its perpetual futures to the US
An NYSE-parent venue listing offshore-style perpetuals on US soil would be a regulatory landmark for derivatives products long excluded from domestic exchanges.
Decrypt · +9 outlets
Crypto market falls as Samsung and Alphabet earnings rattle tech; Fed holds with two dissenters seeking a hike
Macro and megacap tech weakness compounded crypto's own hack-driven selloff, with a hawkish Fed hold adding to risk-off pressure.
CoinDesk · +5 outlets
Binance hacker now holds more bitcoin than Coinbase's corporate BTC treasury
The scale comparison is a stark illustration of how large the stolen balance is relative to the largest publicly disclosed corporate holdings.
Crowdfund Insider · +13 outlets
Tether reports $1.5B Q3 operating profit as excess reserves nearly double to $7.95B
Reserve growth at the largest stablecoin issuer is a key data point for the sector's balance-sheet credibility amid record issuance.
Yahoo Finance · +10 outlets
Coinbase posts $719M Q3 profit on $715M crypto gain, with revenue down 35%
Profit driven by mark-to-market gains rather than operating revenue highlights how volatile crypto earnings remain tied to asset prices.
Yahoo Finance · +14 outlets
Trezor warns CryptoBilis buyers to move funds after report of hardware implant in Safe 5
A supply-chain compromise in a hardware wallet sold through a reseller would be among the most damaging failure modes for self-custody users.
Decrypt · +13 outlets
Hyperliquid overtakes Zcash for a spot in the crypto top 10 by market cap
HYPE's rise displaces ZEC from the top ten, underscoring how quickly speculative attention rotates even as Zcash's governance fight plays out.
Coinpedia
Saylor says Strategy could create up to $30B in digital credit to fund more bitcoin buys
The credit-capacity claim is the company's main answer to skeptics as its stock trades far off highs and funding options narrow.
Yahoo Finance