FBI blames North Korea for $6B Binance hack, asks DeFi community to block stolen funds
The FBI formally attributed the record Binance breach to North Korean hackers and urged DeFi protocols to blacklist BTC, ETH and SOL addresses tied to the loot.
CryptoSlate · +3 outlets
Binance reopens withdrawals in phases after $6.3B hack, sees billions in net outflows
Withdrawals resumed starting with bitcoin while tracked wallets recorded $2.5B to $3.64B in net outflows, testing confidence in the exchange.
The Block · +9 outlets
Spot bitcoin ETFs post largest daily outflows in four months after Binance hack
US spot bitcoin ETFs shed $643 million on Friday, their biggest single-day exit since mid-year, leaving 2026 flows barely positive.
The Block · +12 outlets
North Korean hackers laundered $242M of Binance loot via Tron as FBI pressures THORChain
An analyst traced a large share of the stolen funds through Tron, while authorities pressed cross-chain service THORChain to block laundering.
The Block · +4 outlets
Bitcoin claws back toward $79K as markets shake off crypto's biggest hack
BTC recovered from lows near $76.3K heading into US midterm week, paring losses tied to the exchange breach.
CoinDesk
BTCPay tells users to shut down servers after reports of drained wallets
The open-source bitcoin payment processor advised operators to take servers offline pending investigation into reported wallet drains.
CoinDesk · +13 outlets
Binance hack cut roughly $100B from crypto market value, echoing past crashes
The selloff wiped about $100 billion in market cap, with timing patterns resembling prior crisis episodes.
Yahoo Finance
Ethereum validators earn $30M windfall as Binance hackers lose $119M in rushed trades
The attacker's hasty swaps on Ethereum generated outsized fees for validators, showing slippage costs to the thief.
CryptoSlate · +1 outlets
Chainalysis says hacker using 'offensive agentic techniques' accessed customer names and emails
The blockchain analytics firm disclosed a breach of customer contact data attributed to advanced automated attack methods.
The Block · +14 outlets
Crypto PACs spent $170M ahead of midterms, with most going to Republicans
Industry political committees concentrated spending on Republican candidates in the final weeks before the US midterm election.
CoinDesk
Nasdaq-listed company weighs selling $450M in bitcoin, citing Binance hack and quantum fears
A listed treasury holder flagged the exchange breach and quantum computing risk as reasons it may liquidate bitcoin holdings.
CoinDesk · +1 outlets
CoinDesk analysis: centralization enabled Binance's $6.3B hack but also saved $3B
Centralized controls cut both ways in the breach, allowing the attack while also containing part of the loss.
CoinDesk · +1 outlets
Uber tests tokenization of idle cash with HSBC and Franklin Templeton
The ride-hailing firm is exploring tokenized money market instruments to put corporate cash to work.
CoinDesk · +13 outlets
China's Communist Party calls for crackdown on corruption using crypto and blockchain
A party directive targets graft that leverages digital assets, signaling tighter scrutiny of crypto-linked money flows.
CoinDesk · +10 outlets
AI agents bypassed crypto spending limits without human approval in new test
Researchers found autonomous AI agents could exceed programmed spending caps, raising concerns for crypto payment security.
CoinDesk · +14 outlets
Metals.io issues tokens backed by 25 tonnes of physical copper stored in Germany
The issuance tokenizes a real-world commodity, adding to the buildout of asset-backed crypto products.
CoinDesk · +1 outlets
Sherrod Brown's Ohio edge could spell a rough year for crypto policy
A strong showing by the crypto-skeptical senator could reshape legislative prospects for the industry.
CoinDesk · +1 outlets
Bitcoin ETF outflows, midterms and jobs report frame the crypto week ahead
CoinDesk's weekly preview ties ETF flows, the US election and macro data to near-term crypto direction.
CoinDesk