Binance hackers raced to move billions before it could be frozen
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions…
Experts divided over Binance hack asset freezes, warn recovery is another matter
Tether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victims would get the same…
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the…
Crypto Biz: Bitcoin’s quantum threat is becoming an economic problem
Bitcoin faces mounting quantum security concerns as Ripple secures a US banking charter, USDC gains ground in Europe and VanEck adds BTC to a new ETF.…
Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss
On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet. Source：CoinDesk
Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower
Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion. Source：CoinDesk
EIP-7702 didn’t cause Binance hack, but may have amplified losses
Security experts say attackers could have drained Binance’s wallets without EIP7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.…
Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short…
Binance hacker splits $1.4 billion of bitcoin into 19 wallets that no one can freeze
All 18,270 coins sit in 19 wallets, 17 of them holding exactly 1,000 BTC each, and none has moved since Thursday night, a CoinDesk trace of the blockchain…
$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain
Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under…
Binance hack drained wallets backing customer assets, reserve data shows
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces…
Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides
Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibilliondollar transfers from Binancelinked wallets fueling…