Binance drained of about $6.4B in suspected hack, the largest exchange breach to date
Binance says it has set aside billions in matching tokens while Tether and Circle froze roughly $1.8 billion of the stolen funds.
Decrypt · +5 outlets
BTC falls to about $76,400 as Binance hack triggers $1.57B in liquidations
Bitcoin held above $76K despite the breach, a milder reaction than past exchange failures, though equities and gold also fell on AI valuation fears.
CoinDesk · +2 outlets
TRM, Chainalysis and reports tie $6.4B Binance hack to North Korea's TraderTraitor
Attribution to the Lazarus-linked group follows US sanctions on North Korean IT worker networks used to move crypto.
Decrypt · +3 outlets
Secret Service and FBI join Binance hack probe as Circle freezes $823M
US law enforcement involvement adds to the pressure on Binance over how the breach was executed and contained.
Decrypt · +1 outlets
Zcash holders vote to cut block times to 25 seconds, push NSM reissuance to 2031
The network's first major protocol vote in years backs the NU7 upgrade while delaying a contentious token issuance decision, as ZEC slips out of the crypto top
CoinMarketCap · +9 outlets
Binance points to an engineer's hacked laptop as likely breach vector
The exchange says it found additional points of compromise as investigators reconstruct how funds were drained.
Decrypt · +13 outlets
Binance hackers move stolen funds through automated transactions as DeFi venues pause
On-chain investigators are tracking laundering paths while some decentralized exchanges halted markets tied to the tainted coins.
Yahoo Finance · +6 outlets
Zooko Wilcox and Sean Bowe back plan to withdraw 50,000 ZEC from Zcash grants treasury
Zcash founders are pushing to shrink or end the 8% development fund as its roughly $125 million treasury becomes the center of a governance fight.
Yahoo Finance · +4 outlets
Coinbase swings to $719M Q3 profit on crypto gains
The exchange's return to profit came despite a weaker quarter for trading volumes.
Decrypt · +5 outlets
Hyperliquid overtakes Zcash in crypto's top 10 as HYPE jumps on ICE futures plan
NYSE owner ICE plans US-listed perpetual futures for Hyperliquid, a step toward regulated derivatives on a decentralized venue.
Decrypt · +2 outlets
Reddit stock plunges 30% as Google AI search erodes traffic and user growth
Reddit simultaneously signed a fresh Google AI training deal, highlighting its dependence on search distribution.
Decrypt · +12 outlets
Binance hacker's bitcoin holdings now exceed Coinbase's corporate BTC treasury
The scale of the unspent stolen stack underscores how much supply sits with a single actor.
cointelegraph.com · +13 outlets
Intel stock suffers worst one-day drop in 50 years as weak forecast overshadows AI demand
The selloff came alongside a broader pullback in AI-linked equities that also pressured crypto.
Decrypt · +10 outlets
CFTC chair says Binance hack shows offshore exchanges need US oversight
The incident is being used to argue for stricter domestic regulation of offshore venues.
Decrypt · +1 outlets
EIP-7702 delegated accounts linked to the mechanics of the $6.4B Binance hack
Understanding the exploit matters for other venues relying on similar account abstraction features.
Decrypt · +5 outlets
Treasury sanctions 11 over North Korean IT worker scheme that moved crypto
The action targets revenue channels the US says fund North Korea's weapons programs.
Decrypt · +4 outlets
Strategy says it has $30B of credit capacity as Saylor touts more bitcoin buys
MSTR shares are down sharply over the past year while the company keeps expanding its bitcoin acquisition program.
cointelegraph.com · +1 outlets
Polymarket pauses trading while investigating a security incident
The halt at a major prediction market followed a broader week of crypto security failures.
Decrypt