Binance resumes crypto withdrawals after $6.3B hack, says 90% of stolen user assets covered
The exchange reopened withdrawals in phases starting with bitcoin after a record breach, with about $2 billion moving within three hours of reopening.
finance.yahoo · +14 outlets
FBI confirms North Korea's TraderTraitor stole over $6B in Binance hack, asks DeFi to block wallets
US investigators attributed the record Binance theft to North Korean hackers already converting funds into Ethereum and urged platforms to blacklist hundreds of
finance.yahoo · +9 outlets
Binance hack wiped about $100 billion off crypto markets as bitcoin tested key support
The breach and a broader tech selloff pressured crypto, with bitcoin hitting a five-week low and $1.3 billion in longs liquidated.
Yahoo Finance · +14 outlets
Circle, Tether and other issuers freeze billions in Binance hack funds, drawing double-standard questions
Stablecoin issuers froze hundreds of millions tied to the theft, prompting crypto experts to debate centralized intervention.
CoinDesk · +14 outlets
Binance discovers multiple breach points in $6.3B attack, sets 48-hour withdrawal target
The exchange traced several entry vectors in the record hack while allowing bitcoin deposits to continue.
CoinDesk · +5 outlets
Binance sets aside $6.34B to cover hack losses, CEO says customer assets are safe
Binance committed funds to backstop the shortfall from the theft, which it said left user balances covered.
Decrypt · +3 outlets
Ethereum ecosystem fees surge to highest since April as Binance hack drives on-chain activity
Attackers converting stolen assets into ETH pushed network fee revenue to a multi-month high.
Crypto Economy · +3 outlets
EIP-7702, the Ethereum upgrade behind the $6.4B Binance hack, explained
The account-abstraction feature was reportedly exploited in the attack, raising questions about the upgrade's security tradeoffs.
Decrypt · +4 outlets
Trump says administration is looking into Binance hack as calls for crypto rules grow
The president's remarks came as lawmakers and regulators pressed for clearer crypto oversight after the breach.
The Block · +13 outlets
Secret Service and FBI join Binance hack probe as Circle freezes $823 million
US law enforcement escalated its involvement, while the stablecoin issuer blocked funds tied to the theft.
Decrypt · +3 outlets
CFTC chair says Binance hack shows why offshore exchanges need US oversight
The regulator used the record breach to argue for greater US jurisdiction over offshore crypto venues.
Decrypt · +2 outlets
Wall Street analysts urge investors to buy crypto stocks after $6.3B Binance hack
Sell-side analysts framed the selloff as a buying opportunity and highlighted custody firms and Coinbase.
CoinDesk · +13 outlets
Uber tests tokenization of idle cash with HSBC and Franklin Templeton
The pilot explores using tokenized money-market style products to put corporate cash to work.
CoinDesk · +14 outlets
SEC seeks feedback on whether crypto ETF rules have kept pace beyond bitcoin
The regulator opened a review of its framework as crypto ETF products expand well beyond bitcoin.
Yahoo Finance · +3 outlets
Chainalysis says hacker used offensive agentic techniques to access customer names and emails
The blockchain analytics firm disclosed a breach of customer contact data amid heightened security scrutiny.
The Block · +12 outlets
Bitcoin stolen from Binance tops Tesla's holdings and is more than double El Salvador's reserve
The scale of the stolen BTC exceeded major corporate and sovereign bitcoin treasuries.
CoinDesk · +14 outlets
Nasdaq-listed company may sell $450 million in bitcoin, citing Binance hack and quantum fears
A public company disclosed a potential large BTC sale citing security concerns and quantum computing risk.
CoinDesk · +1 outlets
Hacker holding 233 million XRP from Binance theft raises questions over potential sale
The stolen XRP stockpile represents a large potential overhang if liquidated.
Yahoo Finance · +1 outlets