Attackers breached Binance hot-wallet signing infrastructure, prompting exchange halts, regulator scrutiny and calls for new crypto legislation.

The exchange pledged its own funds and a 48-hour withdrawal target while partners froze roughly $3 billion in stolen assets.

The company holds 848,517 BTC but BTC-per-share fell and revenue missed estimates, sending MSTR lower.

Long bets made up the bulk of forced closures as the breach combined with broader tech selling.

Tracing shows the haul sits in 19 wallets, 17 holding exactly 1,000 BTC each, and has not moved.

The departure came the same day Strategy reported record operating profit and bitcoin holdings of 848,517 BTC.

The deal, backed by an indirect Hyperliquid investment from Stanley Druckenmiller, pushed HYPE 15% higher.

Saylor framed BTC sales and the digital credit business as central to funding further purchases despite a 44% one-year drop in MSTR.

The Nasdaq 100 has fallen about 10% in three weeks as anxiety over AI spending builds.

The platform lost over $2.5 million within minutes and placed its exchange in cancel-only mode before resuming.

Chainalysis flagged previously unseen tactics as the attacker also dumped a little-known 2017 token, crashing it 90%.

Shareholders approved daily dividends across four preferred series as the company retools its capital-raising machine.

Treasury accumulation has become a market-structure story, with questions raised about preferred-share financing models.

Prediction markets and derivatives offset weaker spot trading, though stablecoin revenue economics drew scrutiny.

Cantor Fitzgerald, TD Cowen and Compass Point said the breach is unlikely to derail the market's recovery.

Ether backing was left an estimated 6% short until the exchange replaces what was stolen.

Withdrawals suggest the fallout from the breach is spreading beyond Binance.