Binance confirms record $6.3B breach, sets aside $6.34B to cover losses and targets Sunday reopening
The Binance hack is the largest crypto theft on record and has triggered market turmoil, regulatory scrutiny and asset freezes across the industry.
Decrypt · +10 outlets
Binance hack rattles crypto markets: BTC falls to five-week low as $1.5B in leveraged bets liquidate
Bitcoin, ether and XRP slid as the exchange hack compounded a broad risk-off move, wiping out roughly $1.5 billion in leveraged positions.
CNBC · +12 outlets
Binance hacker's $300M first tranche was XRP, leaving 233M coins in an unfreezable wallet
About 225 million XRP and 18,270 BTC taken in the Binance breach sit in wallets no issuer or authority can freeze, focusing attention on XRP's immutability.
Cryptoslate · +6 outlets
Ripple freezes roughly $200M in stolen RLUSD as issuers freeze over $2.6B tied to Binance hack
Circle, Tether, Ripple and Trump's USD1 joined the freeze effort, spurring debate about centralized stablecoin control versus XRP's non-freezable design.
CoinGape · +5 outlets
TRM Labs and Chainalysis tie $6.4B Binance hack to North Korea's TraderTraitor and Lazarus Group
Attribution to state-linked actors heightens the geopolitical stakes and the pressure for tighter exchange oversight.
Decrypt · +14 outlets
Invariant: Ripple CEO Garlinghouse says about half of RLUSD sits on the XRP Ledger
Garlinghouse framed RLUSD's XRP Ledger share as a liquidity and revenue driver as Ripple's annualized revenue reached $900 million.
TOKENPOST · +2 outlets
CFTC chair and Trump officials cite Binance hack in fresh push for US crypto oversight
Regulators and political figures used the record breach to argue that offshore exchanges need US-style rules, with Musk and CZ trading barbs publicly.
Decrypt · +4 outlets
Ripple's RLUSD notched a Moody's investment-grade rating on $2.6B, but flags bankruptcy risks
The rating is a milestone for the stablecoin but analysts debated whether it is a genuine catalyst for XRP.
CryptoRank · +4 outlets
Binance hack's on-chain trail: attacker prepared 36 hours, began with $296M XRP drain
TRM Labs' timeline shows a methodical pre-funding phase before the single largest outflow breached Binance's hot wallets.
Cryptoslate · +2 outlets
Ethereum's EIP-7702 upgrade helped attackers drain billions in Binance hack, analysts say
The delegation feature enabled by EIP-7702 was exploited in a way with no direct parallel on non-programmable ledgers like the XRP Ledger.
Decrypt · +12 outlets
XRP ETFs log their largest daily inflow of October, led by Franklin Templeton
Steady ETF inflows contrast with XRP's price weakness and are being watched as a demand gauge.
CryptoRank · +11 outlets
Ripple projects $900M annualized revenue as XRP falls 6% on the day
Ripple's revenue growth has not translated into XRP price strength, and RLUSD grew 88% this year while XRP fell 29%.
FXStreet · +4 outlets
Bitcoin slides below $77,000 as BNB drops amid the Binance breach
BNB's decline outpaced bitcoin's as the exchange's native token absorbed the direct impact of the hack.
The Block · +1 outlets
Coinbase and Tether-linked assets: Circle freezes $823M as Secret Service and FBI join Binance probe
US law enforcement involvement and Circle's freeze show the hack is drawing federal investigative resources.
Decrypt
Ripple CEO rejects RLUSD replacing XRP talk: 'We will never give up on XRP'
Garlinghouse addressed XRP Army rumors at Ripple Swell 2026 and pitched XRP as the standard for institutional payment rails within five years.
TipRanks · +4 outlets
Binance enables 48-hour withdrawal target as Bitcoin deposits stay open, institutional funds exit
Liquidity disruptions spread to other venues, with India's largest exchange curbing futures trading and DeFi markets pausing activity.
CryptoSlate · +5 outlets
Coinbase Q3 profit swings to $719M as prediction markets gain traction
Coinbase's earnings beat came alongside growth in prediction-market activity, a bright spot for listed crypto firms.
The Block
Ripple expands XRP and RLUSD custody tie-up with BNY Mellon as JPMorgan lifts target
The custody arrangement deepens Ripple's institutional footprint and drew analyst attention to BNY Mellon's stock.
ad-hoc-news.de · +1 outlets