Binance says $6.3B hack began with fake job interviews and a compromised internal AI tool
Binance's investigation says attackers used fake recruiters and stolen credentials to infiltrate employee machines and wallet infrastructure over months before
Cointelegraph · +14 outlets
Binance reports $11B withdrawn in 46 hours, and says few of the funds moved to rivals
The withdrawal wave after the record hack tests Binance's liquidity while competitor exchanges Bybit and Bitget report deposit surges.
CryptoSlate · +2 outlets
Binance says it has covered 95% of the $6.3B stolen, using its own funds
Binance says it absorbed nearly all the loss from the record breach with its own balance sheet rather than customer funds.
Anadolu Ajansı · +14 outlets
CZ warns AI is making hacks easier, says banks may be more vulnerable than exchanges
Changpeng Zhao used the breach to argue no platform is fully secure and to call for a cross-industry security alliance as AI-driven attacks accelerate.
Business Upturn · +14 outlets
North Korea denies FBI attribution of the $6.3B Binance hack, calls claims absurd
Pyongyang pushed back on the FBI's finding that North Korea-linked hackers carried out the theft, with Kim Yo Jong calling the allegations politically motivated
Cointelegraph · +14 outlets
CFTC approves individual stock perpetual futures in the US for the first time
The approval brings a crypto-style derivatives model to US equities, and the agency is already facing a legal clash over the decision.
The Block · +14 outlets
Bitcoin slides to about $75,700 as Democratic midterm sweep bets rattle markets
Crypto markets sold off on election uncertainty, breaking a midterm pattern that dates back to 2014.
CoinDesk · +12 outlets
BlackRock's IBIT posts biggest bitcoin ETF outflow since June as spot funds shed $399M
The outflows mark a weak start to November for US spot bitcoin funds alongside Binance's withdrawal wave.
Cointelegraph · +7 outlets
Brazil's Mercado Bitcoin halts withdrawals after $40M drained across 10 chains
The breach at Brazil's largest exchange came the same week as the Binance heist, and Tether later froze $4.5 million of the proceeds.
CoinDesk · +14 outlets
ZachXBT names French bank Credit Mutuel Arkea as suspected victim of $133M crypto theft
The on-chain sleuth's attribution points to a large theft at a European bank, widening the run of crypto-linked security failures.
CoinDesk · +8 outlets
Binance hackers move 81% of stolen Solana, laundering funds via THORChain
Most of the stolen SOL has been moved and routed through THORChain, though Elliptic found no evidence AI was used in the laundering.
Cointelegraph · +7 outlets
Binance has spent half its SAFU bitcoin, about $580M, data shows
The exchange's insurance fund bitcoin wallet fell to roughly 7,500 BTC with no timeline given for restoring the fund.
Cointelegraph · +2 outlets
South Korea weighs a single cybersecurity czar across finance and state after the Binance hack
Seoul is reviewing its oversight structure and pushing exchanges to raise cold-storage requirements in response to the breach.
Cointelegraph · +4 outlets
Binance net inflows turn positive at $2.3B as withdrawals slow and deposits overtake outflows
Flows reversed after the initial panic as Binance completed a second withdrawal phase and published a fresh proof of reserves.
Cointelegraph · +4 outlets
OKX CEO Star Xu slams CZ over $6.3B hack response and bank comparison
A public spat between rival exchange leaders followed Zhao's remarks that banks may be more exposed than crypto platforms.
The Crypto Times · +1 outlets
Russia's US-sanctioned Moscow Exchange to list bitcoin and Tether's USDT in December
The move would bring crypto trading to a major sanctioned venue, a first for a Russian state-linked exchange.
CoinDesk · +5 outlets
Jack Dorsey's Block faces $764M DOJ settlement as bitcoin profit falls 50%
The payments company is negotiating a federal penalty while its bitcoin-related earnings slumped.
CoinDesk · +1 outlets
South Korea's ruling party moves to delay its crypto tax again
The repeated postponement leaves Korean crypto taxation timelines unsettled.
CoinDesk