Binance reopens withdrawals after record hack, sees $3.64B net outflows
Binance said the outflows equal 2.1% of its $171 billion in assets as it completed a zero-knowledge proof of reserves and worked to restore assets after the exp
Theblock · +10 outlets
North Korea denies role in record Binance hack after FBI points to TraderTraitor
The denial follows FBI alerts identifying North Korean-controlled wallets tied to the largest crypto exploit in history.
Coindesk · +14 outlets
Brazil's Mercado Bitcoin pledges to cover all user losses after near $40M hack
Partners including Tether, Circle and Chainalysis helped freeze about $11 million of the stolen assets across at least 10 chains.
Coindesk · +6 outlets
Bitcoin drops below $77,000 as chip rout deepens ahead of US midterm vote
ZEC tumbled nearly 10% and BNB fell under $700 as the Nasdaq 100 slid into correction, weighing on risk assets before the midterms.
Coindesk · +14 outlets
Spot bitcoin ETFs post largest daily outflows in four months at $643M after Binance hack
The single-day outflow was the biggest since June 25, following Thursday's record Binance exploit.
Theblock · +6 outlets
Arbitrum council moved $30M of Binance hack funds without the hacker's key
A 12-person committee briefly rewrote a core Arbitrum contract to spend from an address it held no key for, the second such action this year.
Coindesk · +5 outlets
North Korean hackers laundered $242M of Binance loot via Tron, analyst says
Bridges including Relay, THORChain, Chainflip and Symbiosis moved about $140 million off Tron, with Elliptic seeing script-driven rather than AI-assisted transf
Theblock · +3 outlets
Binance has spent half its SAFU bitcoin, about $580M, data shows
The user protection fund now sits below the $800 million level that Binance's own rules say triggers a top-up, with no refill date announced.
Coindesk · +2 outlets
Liquid's bitcoin IOUs fully backed again after $320M exploit
A final 250 BTC transfer closed the hole left by September's bug, but the federation still has not said who paid to fill it.
Coindesk
EU entity suspected of losing $106M from crypto exchange accounts, ZachXBT says
The unidentified attacker moved funds through ether, instant exchanges and Monero, while the victim and affected exchanges remain unknown.
Coindesk · +13 outlets
Tether holds 150,000 bitcoin worth $11.5 billion, CEO Ardoino says
Ardoino did not say where the extra coins sit; holdings outside USDT reserves would not appear in Tether's attestation report.
Coindesk · +6 outlets
Morgan Stanley downgrades Coinbase, slashes price target 53% on weak earnings outlook
Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.
Coindesk · +10 outlets
Ark Invest buys $3.4M Coinbase, adds Circle and Robinhood as stocks trade lower
Cathie Wood's firm bought Coinbase, Circle and Robinhood shares during Monday's decline.
Theblock · +4 outlets
NEAR governance approves cutting token issuance ceiling to 1.6%
NEAR's House of Stake passed HSP-029, lowering the maximum annual issuance rate from 2.5% to 1.6% over 24 months.
Theblock · +6 outlets
Consensys launches cross-ledger settlement and routing stack for institutional networks
The stack lets banks route and settle transactions across independent ledgers without moving assets.
Theblock · +1 outlets
NYSE tokenized stock plans take shape as four more transfer agents join
Broadridge, Computershare, Equiniti and Superstate join the exchange's planned blockchain market, bringing shareholder records and voting onchain.
Coindesk · +5 outlets
Nvidia, Costco and Nike join pushback against OKX-ICE tokenized stock plans
Nearly 70% of companies initially picked for trading have opted out while 19 firms including Apple, Tesla and Amazon have no disclosed objection.
Coindesk · +6 outlets
Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
The bank uses Hong Kong's EnsembleTX system to move deposits between banks around the clock, settling in central bank money.
Coindesk