Binance says $6.3 billion hack began with fake job interview and internal AI tool
Binance's incident report attributes the record breach to a months-long North Korea-linked social engineering campaign that compromised hot-wallet signing infra
Theblock · +13 outlets
Binance net outflows hit $5.3 billion after record hack as CEO cites recovery
Nearly $11 billion left the exchange over 46 hours, half of Binance's SAFU bitcoin fund has been spent, and spot bitcoin ETFs saw their largest daily outflow in
Coindesk · +1 outlets
CFTC approves individual stock perpetual futures in the US for the first time, drawing lawsuit
The approval opens a crypto-style trading model to US equities, and a group backed by Citadel Securities immediately sued, arguing the contracts belong under SE
Theblock · +14 outlets
Justin Sun seeks sanctions against Trump-linked World Liberty Financial over undisclosed UAE ties
Sun alleges World Liberty concealed its UAE citizenship for months during his $45 million lawsuit over WLFI tokens and plans to refile in California state court
Coindesk · +11 outlets
Mercado Bitcoin pledges to cover all user losses after roughly $40 million hack
Brazil's largest exchange paused withdrawals after the breach, and partners including Tether, Circle and Chainalysis helped freeze about $11 million of the stol
Coindesk · +14 outlets
Liquid Network restores full bitcoin backing after $320 million exploit
A final 250 BTC transfer closed the hole from September's bug, with Blockstream providing funds, though the federation has not disclosed who paid.
Theblock · +14 outlets
South Korea's president calls for a cybersecurity czar after $6.3 billion Binance hack
Lee Jae Myung wants a government-wide agency to address AI-driven cyberattacks, and the Bank of Korea has begun surveying major banks on crypto hack exposure.
Coindesk · +13 outlets
Bitcoin dips to $76,300 as ETF outflows and midterm elections weigh on markets
Spot bitcoin ETFs lost $399 million for a second straight day as the Nasdaq 100 slid into correction on a chip rout, though some analysts note bitcoin is breaki
Coindesk
Amazon, Tesla and SpaceX join objections to OKX-ICE tokenized stock venture
Objections have reached 56 companies, with nearly 80% of the venture's initial stock selection opting out ahead of a regulatory deadline.
Coindesk · +7 outlets
Arbitrum council moved $30 million 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 intervention this year, raising gove
Coindesk · +12 outlets
SEC division treats Canton Coin as digital commodity in no-action letter
The Division of Corporation Finance said it will not recommend enforcement over Canton Coin's programmatic issuance, another signal of how the agency may classi
Theblock · +1 outlets
Prediction markets price Democratic sweep of House and Senate in midterms
Bettors on Polymarket and Kalshi increasingly favored Democrats taking both chambers as polls closed across the US.
Theblock · +14 outlets
Binance completes latest proof of reserves as it restores assets after hack
Users can independently verify 1:1 backing for BTC, ETH, BNB, SOL, XRP and more, with the exchange saying it replenished 95% of assets lost in the breach.
Theblock · +14 outlets
Mercado Bitcoin hack triggers industry focus on exchange security alliances
Changpeng Zhao, in his first interview since the Binance hack, said AI is accelerating cyberattacks and called for an industry-wide security alliance.
Theblock · +1 outlets
Strategy buys another 811 bitcoin for $65.5 million; Strive adds 124 BTC
Michael Saylor's firm continued its accumulation after reporting $19.5 billion in third quarter net income, while Strive moved closer to becoming the second-lar
Theblock · +13 outlets
Ark Invest buys $3.4 million in Coinbase, adds Circle and Robinhood
Cathie Wood's firm added to crypto equities as the stocks traded lower, and Tether's CEO separately disclosed 150,000 BTC holdings worth $11.5 billion.
Theblock · +11 outlets
Tether holds 150,000 bitcoin worth $11.5 billion, CEO says
Ardoino did not specify where the extra coins sit, and holdings outside USDT reserves such as Tether's investments would not appear in its attestation report.
Coindesk
Cipher posts $31 million profit as AI pivot begins, revenue falls 63%
A $127 million accounting gain turned an operating loss into a reported profit for the bitcoin miner as it shifts toward AI infrastructure.
Coindesk