Binance says $6.3B hack began with fake job interview and abuse of internal AI tool
Binance's Nov. 3 incident report attributes the largest crypto theft on record to North Korea-linked social engineering that compromised employees and hot-walle
Theblock · +9 outlets
Binance net outflows reach $5.3B after hack; CEO says deposits now outpacing withdrawals
Nearly $11 billion left the exchange in 46 hours while the SAFU fund now sits below its own top-up trigger and thinly traded assets delay full replacement of st
Coindesk · +4 outlets
CFTC clears perpetual futures on individual stocks, then faces lawsuit from Citadel-backed group
The CFTC's first-ever approval of US stock perps brings a crypto trading model to equities, but a group including Citadel Securities sued the regulator over jur
Coindesk · +3 outlets
US spot bitcoin ETFs shed $643M in largest daily outflow in four months after Binance hack
ETF redemptions compounded with exchange withdrawals as bitcoin dipped toward $76,300 amid a broader tech-stock selloff ahead of the US midterm vote.
Theblock · +14 outlets
Strategy lifts bitcoin holdings to 849,327 BTC with 811 BTC, $65.5M buy
The purchase follows $19.5 billion in Q3 net income and is paired with a $208.2 million STRC buyback that cut deployable cash 45%, raising questions about per-s
Theblock · +14 outlets
North Korea denies role in Binance hack after FBI attributes it to TraderTraitor
Pyongyang's denial via KCNA follows FBI alerts identifying North Korean wallets tied to the record breach, deepening a diplomatic dispute over attribution.
Coindesk · +14 outlets
Justin Sun seeks sanctions against World Liberty Financial, alleging concealed UAE ties
The Tron founder wants to refile his $45 million WLFI lawsuit in California state court, arguing the Trump-linked firm hid its UAE citizenship to escape federal
Coindesk · +8 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 intervention this year and a precede
Coindesk · +6 outlets
Mercado Bitcoin pledges to cover all user losses after $40M security breach
Brazil's largest exchange paused withdrawals during the incident and froze roughly $11 million of stolen assets with help from Tether, Circle, and Chainalysis.
Coindesk · +8 outlets
Amazon, Tesla and SpaceX join OKX-ICE tokenized stock objections; 56 companies have opted out
Nearly 80% of the venture's initial stock selection has asked to be excluded before the objection deadline, a significant test for tokenized equities.
Coindesk · +13 outlets
Morgan Stanley cuts Coinbase to Underweight, slashes price target 53% to $120
The downgrade cited a weaker recovery outlook, with Wall Street split on Coinbase after the Binance hack shifted sentiment on exchanges.
finance.yahoo · +8 outlets
Binance spends half its SAFU bitcoin, about $580M, leaving fund below top-up trigger
The user protection fund's bitcoin balance has fallen below the level Binance's own rules say requires a refill, with no stated timeline for replenishment.
Coindesk · +4 outlets
SEC division issues no-action letter treating Canton Coin as a digital commodity
Corporation Finance staff said they will not recommend enforcement over Canton Coin's programmatic issuance, another incremental step in defining token classifi
Theblock · +2 outlets
Tether holds about 150,000 bitcoin worth $11.5B, Ardoino says
The disclosure positions Tether among the largest corporate bitcoin holders, but Ardoino did not say where coins held outside USDT reserves sit on its balance s
Coindesk · +7 outlets
South Korea's president proposes cybersecurity czar; central bank surveys banks on crypto hack exposure
After the Binance breach, Lee Jae Myung wants a government-wide cyber agency while the Bank of Korea asked lenders how a major crypto hack or price crash would
Coindesk · +1 outlets
Prediction markets price a Democratic sweep of the House and Senate ahead of polls closing
Polymarket and Kalshi bettors increasingly favor Democrats in both chambers, an election outcome with direct bearing on crypto legislation timelines.
Theblock · +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 supplying the funds, though the federation has not disclosed who ultimately paid.
Theblock · +2 outlets
Strive adds 124 BTC, lifting holdings to 43,124 BTC and closing on Metaplanet
The $10 million purchase puts Strive nearer to becoming the second-largest public bitcoin holder after Strategy, though its share price trades above stated book
Crypto Economy · +1 outlets