by COINS NEWS - 2 days ago
The crypto world is reeling after a hacker drained billions of dollars from Binance, the world’s largest digital currency exchange, on Thursday. The full details of the hack are still emerging, but the broad strokes of what happened are becomin...
Cryptocoins News / Finance Magnates - 2 days ago
The US Secret Service
is working with stablecoin issuer Circle to recover funds stolen in the $6.3
billion security breach at Binance. The effort also involves the FBI and
cryptocurrency industry firms.London's trading industry is coming home!Crypto...
Bitcoin News / Bitcoin.com - 2 days ago
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...
Cryptocoins News / The Cointelegraph - 2 days ago
Circle, Strategy and other crypto-linked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach.Shares of publicly traded cryptocurrency companies fell sharply Friday, with Coinbase dropping more than 13% a day after...
by COINS NEWS - 2 days ago
I was reading with interest this article on TRM about the Finance hack. In it, they mentions Binance wallets on multiple chains have been left dry. I also remembered reading about Binance allegedly manipulating crypto markets. Do you guys think this...
Cryptocoins Exchanges / Binance - 2 days ago
If a US financial institution becomes bancrupt, depositors shall be made entire by the FDIC. Is that true about Binance? What occurs if Binance becomes bancrupt? submitted by /u/Born_Astronomer_4613 [link] [comments]
Cryptocoins Exchanges / Binance - 2 days ago
With the investigation nonetheless ongoing, what would truly reassure you about retaining funds on Binance? Would overlaying consumer losses be sufficient, or would you need a detailed breakdown of what failed and what’s changed before trusting it ag...
Bitcoin News / Bitcoin.com - 2 days ago
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...
Cryptocoins News / The Cointelegraph - 2 days ago
A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.This recap summarizes Cointelegraph’s reporting on the Binance hack and has been updated with the exchange’s lat...
Cryptocoins News / The Cointelegraph - 2 days ago
How Binance’s $6.3 billion hack unfolded, from the first onchain alerts to $3 billion in frozen funds and a widening security investigation.Live coverage has ended. The updates below document Cointelegraph’s reporting on the record $6.3 billion Binan...
Bitcoin News / Bitcoin.com - 2 days ago
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...
Cryptocoins Exchanges / Binance - 2 days ago
Binance borrowing is disabled for margin account all VIP tiers in EU region. Is it worldwide or not? There are actually zero news about that. Do you've gotten it too? submitted by /u/canislupus04 [link] [comments]
Bitcoin News / Google News Bitcoin - 2 days ago
Binance hack explained: Bitcoin slumps to $76,400 after the $6.3 billion heist. Are user funds safe?& & Kitco
Bitcoin News / Google News Bitcoin - 2 days ago
Binance's $6.3B Hack Sends Bitcoin ETF Tumbling 5%, but This ETF Is Up 21%: What's Driving the Divergence?& & TradingView
Bitcoin News / Bitcoin.com - 2 days ago
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...
Bitcoin News / Bitcoinist - 2 days ago
TL;DR:
THORChain’s RUNE token climbed more than 13% to $0.67 after Binance confirmed a $6.3 billion security breach. The price increase came as on-chain investigators reported that funds connected to the Binance and Bitget hacks had passed thr...
Bitcoin News / Google News Bitcoin - 2 days ago
Binance Hack: The Real Test For Bitcoin Comes Tonight And On November 1st (Cryptocurrency:BTC-USD)& & Seeking Alpha
Bitcoin News / Bitcoinist - 2 days ago
TL;DR
Binance hack shows an attacker reportedly used Ethereum’s EIP-7702 authorization feature to drain approximately $2.5 billion from Binance’s Ethereum hot wallet.
The attacker gained the ability to move funds without repeatedly reque...