North Korea-linked hackers infiltrated Binance for months in $6.3 billion breach, used fake job interviews and AI tool
Binance and U.S. officials say the record hack was executed via fake job interviews and an internal AI tool, making it the largest crypto theft to date and rais
CoinDesk · +12 outlets
Binance sees billions in net outflows as users pull funds after record hack
Post-hack withdrawals have drained billions from Binance, with data showing it spent roughly half its SAFU insurance bitcoin (about $580 million) and completed
CoinDesk · +14 outlets
Bitcoin ETFs see $643M selloff and BlackRock fund posts biggest daily outflow since June as Binance hack shakes crypto
The record hack coincided with heavy ETF redemptions and bitcoin steadying around $77,000, signaling institutional risk-off sentiment.
CoinDesk · +10 outlets
North Korea denies role in Binance hack as Kim Jong Un's sister rejects FBI TraderTraitor findings
Pyongyang's denial contradicts the FBI's attribution of the $6.4 billion theft to the state-linked TraderTraitor group, keeping the hack's geopolitical fallout
CoinDesk · +14 outlets
Crypto market slides as bitcoin drops below $77,000 amid chip rout and midterm election uncertainty
Bitcoin's decline below $77,000 came as equities sold off and traders positioned ahead of the U.S. midterm vote, with XRP and Zcash relatively resilient.
CoinDesk · +7 outlets
Brazil's largest exchange Mercado Bitcoin hit by roughly $40 million hack, pledges to cover all user losses
The breach across 10 blockchains and the exchange's pledge to refund users underscore escalating security risks for centralized venues.
CoinDesk · +7 outlets
CFTC clears perpetual futures on stocks, bringing crypto trading model to Wall Street
The approval lets U.S. traders use crypto-style perpetual contracts on equities, a significant expansion of derivatives access.
CoinDesk · +14 outlets
Arbitrum council moved $30 million of Binance hack funds without the hacker's key
The governance intervention shows how arbitrators can freeze and redirect stolen assets on-chain, a novel but contentious response to the breach.
CoinDesk · +13 outlets
Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
The bank's launch shows tokenized settlement infrastructure progressing without depending on XRP, a development relevant to Ripple's payments thesis.
CoinDesk · +8 outlets
Nvidia, Tesla, SpaceX, Amazon and Nike join OKX-ICE tokenized stock objections, total reaches 50
A widening list of major issuers is objecting to tokenized equities, highlighting legal risk for venues offering synthetic stock exposure.
CoinDesk · +8 outlets
North Korea laundering Binance hack loot at one new wallet every 25 seconds, researchers say
The rapid wallet-rotation laundering highlights the difficulty of tracing and recovering stolen crypto at scale.
Decrypt · +14 outlets
Liquid Network restores full bitcoin backing after $320 million exploit
The restoration of 1:1 backing resolves a months-long depeg concern for the Bitcoin sidechain's tokenized bitcoin.
The Block · +14 outlets
XRP Ledger to fix flaw that could have let stablecoin partners print extra tokens
The patched vulnerability affected stablecoin issuance on the XRP Ledger, an issue with implications for RLUSD and partner-issued assets.
CoinDesk · +6 outlets
CFTC faces legal clash over stock perpetuals after clearing path for crypto version
The dispute tests the agency's authority to extend crypto-style derivatives to traditional equity markets.
CoinDesk · +3 outlets
NYSE taps Broadridge to bring shareholder voting onto blockchain rails
The partnership pushes blockchain into core market infrastructure, extending tokenization beyond trading into governance.
CoinDesk · +4 outlets
South Korea weighs single cybersecurity czar across finance and state after Binance hack
Regulators are polling major banks on hack exposure as Seoul considers consolidating cyber oversight.
CoinDesk · +2 outlets
EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says
The mystery theft days after the Binance hack adds to a wave of large-scale crypto security incidents.
CoinDesk
Moody's rates Ripple's RLUSD A2/P-1, but stablecoin remains unauthorized in EU until 2027
The investment-grade rating contrasts with RLUSD's pending EU regulatory status, a mix of validation and limitation for Ripple's stablecoin.
Pluang · +9 outlets