Rival venues place ‘additional alerts and restrictions’ on the movement of funds
Crypto exchanges are strengthening defenses and promoting information-sharing after Binance's major $6.3 billion hack. Coinbase adjusted its systems for storing cryptocurrency keys while Kraken...
Crypto exchanges are taking quick action to bolster their defenses and urging greater industry-wide information-sharing after a record $6.3 billion hack of Binance exposed their vulnerability...
Following a $6.3 billion hack of Binance, crypto exchanges are rapidly strengthening defenses and advocating for improved industry-wide information-sharing.
Coinbase, Kraken, Gemini, and OKX moved to tighten security and reassure users after the $6.3B Binance hack, as Binance put its restoration window at 34 hours.
Binance says it has restored 90% of the cryptocurrency assets it claims were stolen in its record $6.3 billion hack, up from 80% the day before. The exchange also says it is on track to restart...
Less-liquid tokens make up the remaining shortfall as Binance continues buying replacement assets through market and over-the-counter trades.
Binance said it has covered about 90% of the $6.3 billion worth of cryptocurrency that hackers stole earlier this week and plans to restore withdrawals by Sunday, making progress on a pledge to...
Binance said it had replenished 90% of assets affected by its $6.3 billion security breach and published an updated Proof of Reserves snapshot.
TLDR; Binance recovers 90% of the cryptocurrency stolen in its record-breaking $6.3 billion security breach, with the exchange targeting Sunday, November 1, to resume customer withdrawals. Binance...
Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact.
Its new reserves page reports full backing for major tokens, while the complete cryptographic proof is expected by Nov. 3.... Read the full story at The Defiant
Binance remains on track to resume withdrawals on November 1 after reporting 90% replenishment of assets affected by its $6.34 billion security breach.
Ethena deposits $24M in ENA to Binance as the exchange buys back stolen altcoins to restore token-for-token reserves after its $6.3B hack.
The staggering $6.3 billion Binance hack has quickly spilled beyond the cyber realm, pulling U.S. lawmakers and political figures into the debate over how— and whether— crypto should be regulated....
A massive $6.3 billion hack of Binance has triggered an immediate political scramble in the United States, with election-season remarks rolling in as investigations and recovery efforts get...
Some political and administration figures tried to make hay of the biggest-ever crypto heist.
US President Donald Trump said the US is investigating Binance’s $6.3 billion hack as the incident renews calls for stronger crypto exchange regulations.
Indian lawmaker Nishikant Dubey questioned the influence of the crypto lobby after Binance disclosed a security breach with an estimated $6.3 billion impact.
Binance says it has reserved more than $6.34 billion in company funds to cover losses after hackers stole roughly $6.3 billion from the exchange on Thursday, in what TRM Labs has described as the...
The Binance hack has revived debates about whether decentralization is the digital asset industry’s greatest security advantage or its biggest point of weakness.
CZ believes the headline $6.3 billion figure does not tell the full story.
How Binance’s $6.3 billion hack unfolded, from the first onchain alerts to $3 billion in frozen funds and a widening security investigation.
Cryptocurrency giant Binance faces what could be the largest exchange hack in history after a security breach affected an estimated $6.3 billion in digital assets, eclipsing the record-setting...
The exchange says $5 billion is already held in the affected tokens, while withdrawals remain paused during a security overhaul.... Read the full story at The Defiant
Binance confirmed the incident but reassured that user funds will be covered in full.
The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proof-of-reserves report.
A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.
Blockchain security firm Blockaid believes the scale of Binance’s $6.3 billion hack may have been enabled by a compromise of the exchange’s wallet signing setup—rather than a straightforward...
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.
Binance says attackers exploited Ethereum's EIP-7702 authorization feature to take control of one of its hot wallets and steal approximately $6.3 billion in crypto assets across 10 blockchains.
Security experts said attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.
The co-CEO says Binance has reserved over $6.34 billion in company funds and plans to publish a full Proof of Reserves report by Monday.... Read the full story at The Defiant
Binance is rebuilding its withdrawal service after a breach it estimates at $6.3 billion. Teng also said attackers destroyed tools and traces during the intrusion.... Read the full story at The...
Binance co-CEO Richard Teng disclosed new details of the $6.3 billion hack, including an EIP-7702 authorization bypass and plans to restore withdrawals.
Binance said attackers may have used a compromised DevOps laptop to access internal infrastructure.
Bitcoin trades near $77,000 as $427 million in crypto liquidations hit, and spot Bitcoin ETFs record $643.33 million in outflows amid Binance hack fallout.
Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.
Bitcoin held above $76,000 after a $6.3 billion Binance hack and a tech-stock sell-off, as momentum indicators pointed to a possible rebound.
The $6.3 billion Binance hack added to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending pushed the Nasdaq down more than 2%.
TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and...
Bitcoin fell to a six-week low of US$77,646.
The crypto market fell 3.32% as Ethereum, BNB, XRP, and Solana declined following the reported $6.3 billion Binance security breach, while leveraged traders faced $1.68 billion in liquidations.
The bureau named TraderTraitor and sought blocks on the laundering trail, while Binance kept Nov. 1 as its withdrawal restart target.... Read the full story at The Defiant
North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.
North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.
Blockchain analysis firm TRM Labs says North Korea's TraderTraitor hacking group carried out the $6.36 billion raid, moving funds across 10 blockchains in around 20 minutes
Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.
TRM Labs said it has high confidence in the attribution, while ZachXBT identified stolen funds from the Binance and Bitget hacks converging at the same address.
Binance has pegged the estimated impact of its reported security breach at around $6.3 billion, while saying $3 billion in crypto has been verified as frozen. As investigators trace how the attack...
Binance disclosed it has set aside more than $6.34 billion to cover losses after hackers stole about $6.3 billion from the exchange on Thursday, an incident now described by blockchain tracing...
Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.
India's USDT and USDC premiums hit record highs on October 30 as Binance suspended withdrawals after a security incident with an estimated $6.3 billion impact.
Coinbase, Strategy and Strive posted double-digit losses in early US trading, while Binance said it had frozen about $3 billion in affected assets.
Circle, Strategy and other crypto-linked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach.
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market's recovery.
The biggest hack in the crypto industry took place on Friday morning and sent shockwaves across the entire market.
Crypto market capitalization fell 4.6% to $2.59 trillion as Bitcoin and Ether declined, and Binance investigated its reported $6.3 billion security incident.
The FBI and the US Secret Service have confirmed they are working with Binance after the exchange disclosed a $6.3 billion hack, as investigators and blockchain analytics firms try to trace and...
US agencies are investigating the theft and helping trace stolen assets, while Binance says about $3 billion has been frozen.
Binance sets aside $6.34 billion to cover its $6.3 billion hack, buys back stolen altcoins, and works with the FBI and USSS to recover funds.
The exchange revoked affected address authorizations and is working with law enforcement and blockchain firms to trace and recover assets.
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