Binance’s $6.3B hack leaves questions over hot wallet safeguards
Experts say blockchain records show repeated wallet drains but cannot establish Binance’s internal signing controls or transaction limits. Source:Cointelegraph
Hyperliquid Strategies seeks futures registration for perps
The HYPE treasury company spent $785 million on tokens during the quarter and wants to bring Hyperliquidbased perpetual futures to the US. Source:Cointelegraph
Chainalysis says breach exposed password hashes and live tokens
Chainalysis disclosed password hashes and live tokens were exposed after initially reporting only nonsensitive customer data was accessed. Source:Cointelegraph
Crypto exchanges tout cold storage ratios after Binance attack
Coinbase says it keeps more than 99% of customer assets offline, while Gate reports 88.26% of its total assets are kept in cold storage. Source:Cointelegraph
Core Scientific to quit Bitcoin mining by year-end as AI business surges
The former Bitcoin mining heavyweight plans to become a pureplay data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.…
American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI
The Eric Trumpbacked miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and…
Asian crypto exchanges batten down the hatches as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AIassisted hacks, even as regional governments embrace tokenization…
Crypto ally French Hill wins reelection but set to lose House chair
Republican French Hill secured another term in Congress but will lose his leadership of the House Financial Services Committee when Democrats take control in…
Binance, Deribit revoke SignalPlus API keys after fake Teams invite attack
SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform…
Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and…
Paraguay president resigns after collapse of Ueno digital bank
Santiago Peña stepped down amid mounting scrutiny over his former ties to Ueno Bank’s parent company, as the lender’s collapse left millions of customers…
Bitcoin crashes 6% to 7-week low as US stocks erase election gains
Bitcoin saw sudden downside at the Wall Street open as stocks witnessed a snap selloff, reversing postelection gains. Source:Cointelegraph