Binance hit by record $6.3B hack; firm arranges $6.34B to cover losses, eyes Sunday reopening
Binance says customer funds are safe and has set aside roughly $6.34 billion to cover the loss from the largest crypto theft on record, while it hunts additiona
finance.yahoo · +9 outlets
Binance hack sends bitcoin tumbling below $78K, triggers $1.5B+ in leveraged liquidations
Bitcoin fell sharply and derivatives markets saw more than $1.5 billion in liquidations as the exchange breach rattled traders, with Standard Chartered warning
CoinDesk · +4 outlets
Blockchain sleuths tie $6.3B Binance hack to North Korea's TraderTraitor/Lazarus group
Chainalysis and TRM attributed the attack to North Korean-linked actors, the same state-sponsored group behind several major crypto thefts.
CoinDesk · +4 outlets
FBI and Secret Service join Binance hack probe as Circle freezes $823M
US law enforcement opened a probe into the theft while Circle and Tether moved to freeze large sums of stolen stablecoins.
Decrypt
ICE strikes deal with Trade[XYZ] to bring Hyperliquid-based perpetual futures to the US
NYSE parent Intercontinental Exchange is taking a strategic stake in Trade[XYZ] and moving to launch Hyperliquid-linked perps for US retail traders, pending app
CoinDesk · +12 outlets
Crypto firms question double standard after issuers freeze billions in Binance hack
The ability to freeze customer-linked tokens in the wake of the hack revived debate over centralization in stablecoin and exchange infrastructure.
CoinDesk · +9 outlets
HYPE rallies as much as 20% on ICE's plan to bring Hyperliquid perps onshore
The token spiked on the ICE partnership news even as the broader market sold off, with HYPE trading near all-time highs.
Coinmarketcap · +12 outlets
Binance hacker holds $1.4B in bitcoin, more than triple a week of ETF buying
The stolen bitcoin is effectively unfreezable, complicating recovery efforts and dwarfing recent spot ETF inflows.
Yahoo Finance · +12 outlets
Institutional investors rush to pull funds from exchanges after Binance hack
Withdrawal demand rose across venues, and India's largest exchange curbed crypto futures trading as liquidity was disrupted.
CoinDesk · +8 outlets
ICE deletes X post one day after announcing Hyperliquid partnership; press release remains
The deleted social post added uncertainty to an announcement ICE has otherwise left standing, with US approval still ahead.
BigGo Finance · +5 outlets
Bitcoin tumbles below $78,000 as Binance security scare rattles crypto markets
The selloff marked one of the sharpest single-day moves of the period as traders reacted to the record breach.
CNBC · +14 outlets
Binance attacker used EIP-7702 Ethereum upgrade as part of the $6.4B drain
The breach exploited a recent Ethereum account-abstraction feature, drawing scrutiny to the upgrade's security implications.
Decrypt · +5 outlets
Strategy CFO resigns as company posts record quarterly profit; MSTR stock falls 6%
The bitcoin-holding firm reported a record quarter but its shares dropped on the executive departure.
CoinDesk · +13 outlets
Druckenmiller backs Hyperliquid venture with first X post after $23M indirect investment
The billionaire's rare public endorsement sent Hyperliquid-linked equities higher and drew attention to the crypto-linked stock.
finance.yahoo · +7 outlets
Polymarket resumes trading after $2.65M exploit tied to third-party provider
The prediction market halted then restarted trading after a provider compromise caused user losses.
The Block · +14 outlets
Coinbase swings to $719M Q3 profit on crypto gains
The exchange returned to profitability on trading and asset gains, days before the Binance hack reshaped the sector's outlook.
Decrypt · +4 outlets
Intel suffers worst stock crash in 50 years as weak forecast overshadows AI chip demand
The guidance miss outweighed optimism about AI-related chip demand, triggering a historic one-day decline.
Decrypt · +1 outlets
Wall Street analysts urge buying crypto stocks after $6.3B Binance hack
Analysts pitched listed crypto proxies as a way to gain exposure while avoiding direct exchange and custody risk.
CoinDesk