Binance confirms $6.3B hack, largest in crypto history; hackers hit hot wallets and Ethereum wallet signing
The breach drained customer-backed hot wallets and was linked by investigators to North Korea's Lazarus Group, forcing Binance to assemble its own funds to cove
Coindesk · +10 outlets
Bitcoin falls below $77,000 as Binance hack compounds tech selloff; $1.57B in leveraged bets liquidated
Crypto markets slid alongside a Nasdaq retreat tied to AI-spending fears, with longs accounting for most of the forced closures and institutional investors pull
Coindesk · +1 outlets
Binance hacker splits 18,270 stolen BTC into 19 wallets that nobody can freeze
The $1.4 billion bitcoin haul sits in 19 wallets, 17 holding exactly 1,000 BTC each, complicating any recovery effort despite stablecoin issuer freezes elsewher
Coindesk · +3 outlets
Trump says administration looking into Binance hack as calls grow for crypto legislation
The record breach is pushing U.S. policymakers toward new market rules amid pressure from the industry and lawmakers.
Theblock · +13 outlets
Coinbase Q3 net income jumps 66% as prediction markets and derivatives offset weak spot trading
Bernstein credits expanding prediction-market and derivatives revenue for cushioning a softer spot trading environment.
Theblock · +9 outlets
Strategy CFO Andrew Kang resigns as firm posts record Q3 net income of $19.5B on bitcoin gain
Strategy holds 848,517 BTC and is moving its preferreds to daily dividends; analysts say the restructured preferred sets up renewed bitcoin buying.
Coindesk · +2 outlets
Kalshi's $1B round leads $1.23B in weekly crypto financing; HIVE secures $129M loan
Prediction-market and crypto-infrastructure fundraising continued at pace despite market turmoil from the Binance breach.
TOKENPOST · +1 outlets
ICE takes minority stake in Trade[XYZ] to bring Hyperliquid-based perpetuals to the U.S.; HYPE jumps 15%
The NYSE parent's investment, backed publicly by Stanley Druckenmiller's family office, brings regulated on-chain perps toward U.S. markets.
Theblock · +14 outlets
Polymarket resumes trading after $2.65M exploit traced to compromised third-party provider
Users reported drained accounts within minutes; the platform placed its exchange in cancel-only mode before restoring service.
Theblock · +10 outlets
Trezor warns of suspected hardware implant in a Safe 5 sold by reseller CryptoBilis
The hardware wallet maker urged affected buyers to migrate funds after a credible report of tampering in the supply chain.
Theblock · +14 outlets
Wall Street analysts urge buying crypto stocks on weakness after Binance hack
Cantor Fitzgerald, TD Cowen and Compass Point argue the $6.3 billion breach is unlikely to derail the market's recovery.
Coindesk · +4 outlets
Ethereum's 2025 wallet upgrade enabled $2.5B of the Binance drain, researchers say
An attacker used 50 signatures from Binance's own wallet to exploit permissioning built to make ordinary wallets smarter.
Coindesk · +3 outlets
Binance reserve data shows drained wallets backed customer assets, ether backing about 6% short
The disclosure raises questions about how Binance will restore full backing after the exploit.
Coindesk · +4 outlets
CoinDCX curbs new futures positions as Binance incident disrupts liquidity
India's largest crypto exchange said deposits, withdrawals and customer funds were unaffected.
Coindesk · +10 outlets
Canary Capital files for first U.S. staked INJ ETF with 1.10% fee and $15M seed from Injective Foundation
The filing would extend the ETF wrapper to staked Injective tokens if regulators approve.
Pluang · +8 outlets
Phase launches AI agent Layer 1 mainnet backed by $45M from Unlimit founder
The mainnet launch targets decentralized AI agent workloads with funding secured ahead of launch.
Beinsure · +8 outlets
Tether and Circle froze $1.79B in stablecoins after suspicious outflows from Binance hot wallets
Legal experts question whether smaller victims of the breach would receive the same rapid protection from issuers.
Theblock · +2 outlets
Polygon and Solana partner to bring stablecoin payments to banks
The rival networks are linking Solana's stablecoin activity with Polygon's banking, wallet and payout infrastructure.
Coindesk · +1 outlets