Mercado Bitcoin pledges to cover all user losses after near $40 million hack
Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets. Source:CoinDesk
Chip stocks are suffering from a ‘crisis of confidence’ — but things aren’t as gloomy as they seem
Investors are worried about whether there will be sustained demand for chips, but one analyst notes that large tech companies are still spending heavily.…
Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the USIran war. Source:Cointelegraph
EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says
The unidentified attacker moved funds through ether, instant exchanges and Monero, but the victim and affected exchanges remain unknown. Source:CoinDesk
Binance taps half its SAFU Bitcoin holdings, releases reserve proof
Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restoring the $1 billion fund.…
BTC heads into US midterm showdown: Three things to know in Bitcoin this week
Bitcoin price action held its 100day moving average into the monthly close as crypto markets braced for US midterm election and tech earnings volatility.…
Why stealing billions from a crypto exchange can be harder to stop than a bank theft
The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get…
Bitcoin ETFs sink into October outflows with $643M exit after Binance hack
US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows.…
BTCPay Server warns of hot wallet thefts running on outdated software
BTCPay Server urged operators to shut down their servers after receiving reports of unauthorized attackers draining funds from hot wallets. Source:Cointelegraph
Strangers are begging the Binance hacker for bitcoin, one ‘help me bro’ at a time
The 19 wallets holding 18,270 stolen BTC have taken in nothing since Thursday except payments worth under a dollar, each carrying a message, from pleas to…
BTCPay, a bitcoin payment tool, tells users to switch off their servers after reports of drained wallets
The opensource project says it is still investigating and hasn't given a loss figure or announced a fix. Its founder said the reports appear to involve…
THORChain halts swaps after block reorg bug, slowing Binance hackers
THORChain node operators paused swaps involving assets on 10 networks, including Bitcoin, Ethereum, Solana and Tron. Source:Cointelegraph