Binance says it has arranged $6.34B to cover losses from record $6.3B hack
Binance is absorbing the loss through corporate funds, futures reserves and SAFU while industry partners froze roughly $3 billion in stolen assets, keeping user
Theblock · +10 outlets
Binance hack tied to North Korea, attacker's 18,270 BTC haul exceeds Tesla and Coinbase treasury holdings
Investigators link the hack to North Korea's TraderTraitor and Lazarus Group, and the untraceable bitcoin haul is larger than several major corporate and sovere
Theblock · +11 outlets
Strategy CFO Andrew Kang resigns as firm posts record $19.5B quarterly profit
The departure came alongside record operating income on bitcoin gains and holdings of 848,517 BTC; MSTR fell about 6%.
Coindesk · +2 outlets
Crypto liquidations hit $1.57B as Binance hack sends bitcoin below $77,000
Bitcoin traded near $77,350 and BNB lost more than 7% as the hack compounded AI-spending jitters in tech equities.
Coindesk · +4 outlets
Strategy's Q3 bitcoin gains lift net income to $19.5B despite revenue miss
Saylor declared a new bitcoin bull market as the company reported $20.9 billion in quarterly operating income on its treasury marks.
Cryptoslate · +2 outlets
Binance says attackers exploited Ethereum wallet upgrade and wiped evidence in wider breach
CEO Richard Teng said hackers bypassed security checks and erased traces; Binance plans to publish proof of reserves.
Coindesk · +7 outlets
Trump says administration is looking into Binance hack as calls grow for crypto legislation
The $6.3 billion breach has renewed Washington pressure for market-structure rules covering exchanges.
Theblock · +14 outlets
Nasdaq-listed Next Technology may sell or pledge $450M of its bitcoin, citing hack and quantum fears
The firm authorized sales or loans against its 5,833 BTC, saying none of the coins are held at Binance.
Coindesk · +4 outlets
Saylor says Strategy could issue up to $30B of digital credit to fund more bitcoin
Saylor framed the digital credit business, and occasional BTC sales, as core to funding further treasury purchases.
Yahoo Finance · +10 outlets
Stablecoin issuers froze billions in stolen Binance funds, but experts question recovery
Tether and Circle acted within hours, while legal experts doubt smaller victims would receive the same protection.
Coindesk · +14 outlets
Bitcoin treasury firms hold 1.3M BTC as Bitfinex warns on preferred-share funding risk
The scale of corporate bitcoin accumulation is now a market-structure question as financing models face scrutiny.
Crypto News · +6 outlets
Strategy has sold $432 million of bitcoin this year as preferred-stock fix sets up renewed buying
Analysts kept buy ratings citing a $4.83 billion cash reserve and a more stable STRC preferred structure, even as MSTR trades sharply lower over the year.
Theblock · +14 outlets
Bitcoin ETFs post $643 million single-day outflow, erasing the week's inflows
Five funds recorded withdrawals on October 30 with no offsetting inflows, reversing the prior week's net gains.
Cryptoslate · +14 outlets
Wall Street analysts urge buying crypto stocks on weakness after Binance hack
Cantor Fitzgerald, TD Cowen and Compass Point said the hack is unlikely to derail the market's recovery, though crypto shares slid on the news.
Coindesk · +11 outlets
Chainalysis breach exposed customer names, emails and company roles
The firm tied the intrusion to 'offensive agentic techniques' and urged vigilance for unexpected authentication prompts.
Cryptoslate · +14 outlets
Coinbase Q3 net income jumps 66% as prediction markets gain traction
Bernstein credited expanding prediction markets and derivatives with offsetting weaker spot trading; Robinhood posted $173 million in event revenue.
Theblock · +5 outlets
Uber pilots tokenized money market funds with HSBC and Franklin Templeton
The test let Uber keep idle cash invested while accessing funds for payments, including on weekends.
Coindesk
OpenAI reportedly cuts fundraising and valuation targets amid AI jitters
The Nasdaq 100 has fallen about 10% in three weeks from its October 6 record amid AI-spending anxiety.
Coindesk