Category : Bitcoin.com

Bitcoin.com

Binance Says BTC, ETH, XRP and 7 Other Cryptos Fully Backed After Hack

Binance said 10 cryptocurrencies were fully backed after replenishing 90% of stolen assets. The exchange is sourcing less liquid tokens to close the remaining shortfall while targeting a Sunday withdrawal restart. 10 Cryptos Fully Backed as Binance N...

Peter Schiff Says Gold’s Brutal Selloff Indicative of Major Upcoming Crunch

Peter Schiff says Friday’s steep drop in gold points to a short-term liquidity problem that could hit broader markets as soon as next week. Schiff Calls the Selloff a Gift The economist and longtime gold advocate reacted as precious metals tumb...

Bitcoin’s White Paper Turns 18: From Nine Pages to Wall Street and Washington

Bitcoin’s founding paper proposed a way to send money without a bank. Eighteen years later, its reach spans Wall Street funds, government reserves, and an unresolved question about who will pay to keep the system secure. Bitcoin’s White Paper Turns 1...

Uber Tests Tokenized Money Funds to Unlock 24/7 Trading Yield

The ride-sharing giant used a tokenized money market fund to earn 1.5 days more yield on its investment by selling the assets on Sunday rather than Friday, as institutions traditionally do. Franklin Templeton, HSBC Holdings, and Fireblocks collaborat...

AI Gives Crypto Hackers Machine Speed as Billions Sit at Risk

Crypto is confronting a dangerous collision between increasingly valuable digital assets and artificial intelligence (AI) systems that can automate phishing, vulnerability research, and credential theft at machine speed. Recent multibillion-dollar br...

Wall Street Downplays Binance Hack as Bitwise Sees “Recovery In a Week”

Wall Street analysts are telling clients to buy the dip after the $6.3 billion Binance hack, and Bitwise CIO Matt Hougan expects bitcoin’s price to recover fairly soon. Hougan Calls the Hack a Mere ‘Blip’ Hougan, chief investment of...

Binance Starts Shopping for Stolen Coins as Ethena Ships $24M in ENA

Binance has started buying back the tokens lost in its $6.3 billion hack, and onchain data shows wallets associated with Ethena sent 128.63 million ENA worth about $24 million to the exchange. Ethena Tokens Flow Into Binance Blockchain trackers flagg...

Binance Inside Job Theories Explode Ahead of Monday’s Reserve Reports

Claims that the $6.3 billion Binance hack was an inside job are spreading across X as the exchange holds back its proof-of-reserves results until Monday, Nov. 2. Skeptics Question the Timing of Monday’s Audit The doubts center on the order of e...

Israel Extradites Suspect to US Over $2.8M Crypto Hack

An Israeli-Russian citizen accused of stealing $2.8 million in digital assets, has been extradited to the U.S. after Israel’s Supreme Court rejected his final appeals. Federal Indictment and Extradition Request Alexander Block, an Israeli-Russian cit...

Australia Casts Doubt on Retail Prediction Markets, Calls Them Bets

Australia’s corporate regulator cast doubt on the notion that prediction markets for retail clients are in the public interest, arguing the contracts have “all the features of a bet.” The statement stops short of a formal ban and came a day after ASI...

Blockchain Revenues Plunge 30%, but a New Growth Engine Emerges

Global blockchain revenues are projected to decline year over year to $100 billion in 2026, down from approximately $140 billion in 2025. Despite the downturn, the DeFi and finance sector remains the dominant revenue generator, accounting for roughly...

Binance Hackers Deploy ‘Never-Seen-Before’ Crypto Laundering Tactics

Chainalysis identified previously unseen laundering patterns as attackers circulated stolen Binance assets through thousands of transactions, suggesting automated efforts to obscure the trail. Its investigation also linked the theft to North Korean h...

Binance Prepares to Resume Withdrawals, Unveils $6.3B Hack Recovery Plan

Binance is preparing to restore withdrawals in phases after its $6.3 billion hack, with reopening dependent on security checks. The exchange committed company funds to replace stolen assets while investigators expanded their review of the breach. Wit...

Senators Warren, Curtis Press Kalshi and Polymarket on Election Insider Trading

Sens. Elizabeth Warren and John Curtis have asked Kalshi and Polymarket to explain how they keep insiders out of election markets, giving the companies until Nov. 3, Election Day, to answer seven questions. The bipartisan letter cites candidates who...

A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi

Venture capital giant Andreessen Horowitz (a16z), Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to overhaul proposed cryptocurrency tax regulations, warning that the rules could effectively prohibit decentralized finance (D...

Tether Reports $1.5B Q3 Profit as Total Reserves Reach $191.5B

Stablecoin issuer Tether generated $1.5 billion in net operating profit during the third quarter of 2026, bringing its year-to-date total to $4.5 billion, while reserves backing its tokens reached $191.5 billion, according to its latest financial att...

Trezor Warns of Compromised Hardware Wallet Following $93M Ledger Security Scare

Cryptocurrency hardware wallet maker Trezor has warned customers about a potentially compromised device sold through a former authorized reseller linked to the recent Ledger wallet security scandal, raising concerns that the sophisticated attack may...

New Breach Points: Binance CEO Reveals Fresh Findings in $6.3B Hack

Binance investigators uncovered additional breach points, bypassed approval controls, and evidence-destruction tactics in Thursday’s $6.3 billion hack, co-CEO Richard Teng said. His update outlined a withdrawal-service rebuild, a companywide se...

Bitcoin Price Rebounds Above $77K, but Binance Hack Keeps Traders on Edge

Bitcoin stabilized above $77,000 after a $6.3 billion Binance hack triggered a marketwide sell-off, pushing the cryptocurrency to a multiweek low of $76,320. Bitcoin Plunges to Multiweek Low Following Binance Hack Bitcoin price stabilized above $77,0...

Gate CEO Calls for Crypto Security Alliance After $6.3B Binance Hack

Lin Han, founder and CEO of Gate, has called for the formation of a cryptocurrency security alliance to standardize procedures to prevent and eventually deal with the aftermath of security incidents similar to the $6.3 billion hack that Binance faced...

Bitcoin ETFs Add $441M in 4 Days as Zcash Streak Hits Day 8

Bitcoin ETFs stayed positive for a fourth straight session Thursday, adding $17.07 million and lifting week-to-date inflows above $440 million. Ether and solana funds suffered a fresh wave of redemptions, while zcash extended its winning streak and X...

Coinbase, Bitcoin Giant Strategy Fall as Binance Hack Rocks Crypto Stocks

Crypto-linked stocks plunged Friday as a multibillion-dollar Binance security breach collided with a broader technology selloff driven by concerns over AI spending. Coinbase dropped more than 12% and Strategy fell 6%, even after both companies report...

Who’s Next? OneKey CEO Warns Hackers Will Target Blackrock’s Bitcoin ETF

Yishi Wang, founder and CEO of hardware wallet company OneKey, suggested that North Korean hackers could be eyeing another major target after Binance was ransacked: BlackRock’s IBIT, the world’s largest bitcoin ETF, holding nearly $63 bil...

CZ Tells Elon Musk to Stop Trolling Over $6.3B Binance Hack, Cites SpaceX Stake

Elon Musk poked fun at Binance’s $6.3 billion security crisis, and Changpeng Zhao (CZ) fired back with a billion-dollar reminder: the cryptocurrency exchange owns a valuable stake tied to Musk’s SpaceX empire, an investment Zhao would rat...

Binance Secures $6.34B to Cover Losses From Historic Crypto Hack

Through its social media channels, Binance announced it had already reserved over $6.34 billion in company funds to cover losses from the hack suffered on Thursday, with $5 billion held in the tokens impacted, while other purchases are being complete...

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