Binance publishes post-mortem on $6.3B hack: fake job interviews, compromised AI tool, months of infiltration
Binance's own investigation attributes the record breach to social-engineered employees and a corrupted internal tool, with North Korea-linked hackers reportedl
Cointelegraph · +14 outlets
Democrats sweep Congress, throwing crypto legislation including the Clarity Act into doubt after $170.5M industry spend
Fairshake and allied groups spent heavily on races that did not break their way, leaving market structure legislation without its prior path while tokenization
CoinDesk · +14 outlets
Binance reports $5.3B-$11B in outflows after hack as deposits recover and market share slips to rivals
The outflow-then-return pattern is the clearest measure of customer confidence after the breach, with Bybit, Bitget, Coinbase and other venues courting fleeing
Yahoo Finance Singapore · +6 outlets
Bitcoin rebounds above $80,000 after dipping to $75,700 on midterm jitters and the Binance hack
The swing shows crypto trading as a macro and headline-driven asset, absorbing both a record exchange hack and a political shift in Washington within two sessio
finance.yahoo · +7 outlets
CZ says banks are more exposed than crypto exchanges and calls for industry security alliance as AI attacks accelerate
Zhao's post-hack commentary, including a push for coordinated defenses and warnings that AI lowers the bar for attackers, is drawing direct criticism from rival
The Block · +14 outlets
CFTC approves individual stock perpetual futures in the U.S. for the first time, then gets sued the same day
Extending crypto-style perpetuals to equities is a significant product expansion and an immediate legal flashpoint for the agency.
The Block · +14 outlets
Morgan Stanley tokenizes securities as banks accelerate Wall Street's onchain push
Major dealer adoption of tokenized instruments is the strongest validation yet for blockchain-based settlement infrastructure.
Decrypt · +7 outlets
Circle beats Q3 estimates with $865M in revenue and reserve income, cuts 5% of workforce
USDC's issuer pairing strong top-line growth with job cuts reflects pressure to control costs as stablecoin competition intensifies.
CoinDesk · +8 outlets
Coinbase says 99% of customer assets sit in cold storage after Binance's $6.3 billion breach
Coinbase is marketing its custody model as rivals stumble, though analysts have still turned cautious on the stock's earnings trajectory.
finance.yahoo · +14 outlets
BlackRock's IBIT sees biggest bitcoin ETF outflows since June as U.S. spot funds bleed nearly $399M
ETF flows remain the dominant marginal buyer signal for bitcoin, and the reversal adds pressure to a market already rattled by the hack.
Cointelegraph · +14 outlets
Schroders brings $1.1T asset manager's emerging market bond fund to Solana
A large incumbent manager moving a fund onchain adds real volume to tokenization claims beyond pilot programs.
CoinDesk · +3 outlets
Crédit Mutuel Arkéa confirms cyberattack after ZachXBT links it to $133M crypto theft
On-chain attribution tying a French bank to a nine-figure crypto loss highlights how traditional financial institutions now face the same attack surface as exch
Decrypt · +10 outlets
North Korea denies role in $6.4B Binance hack after FBI points to TraderTraitor
Pyongyang's rejection is standard practice, but it matters because attribution drives sanctions and international response.
CoinDesk · +8 outlets
Jack Dorsey's Block faces $764M DOJ settlement as bitcoin profit falls 50%
A nine-figure federal penalty alongside halving-related mining economics would be a material hit to Block's crypto segment.
CoinDesk · +3 outlets
Amazon, Tesla and SpaceX join objections to OKX-ICE tokenized stock products as deadline looms
Corporate pushback against tokenized equities, plus price discrepancies across venues, shows the sector's unresolved legal and market-structure problems.
CoinDesk · +14 outlets
Binance has spent about $580M of its SAFU bitcoin reserve covering the hack
Drawing down half the insurance fund reveals both the size of the backstop and its limits relative to a $6.3B loss.
CoinDesk · +2 outlets
Strategy lifts bitcoin holdings to 849,327 BTC with latest 811 BTC purchase
Steady accumulation by the largest corporate holder remains a structural bid for bitcoin.
The Block
THORChain's RUNE jumps 10% as North Korean hackers resume laundering Binance loot
Attackers routing stolen Solana through a mixer-like protocol puts scrutiny on the infrastructure that enables laundering at scale.
Cointelegraph · +1 outlets