Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact. www.coindesk.com
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Markets
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
by shayaanby shayaanWhile the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used “thousands addresses,” and expects …
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Markets
Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss
by shayaanby shayaanOn Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance’s own wallet. …
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Finance
Visa Stablecoin Settlement Tops $25 Billion Annualized Run Rate, Up 10x Year-Over-Year
by shayaanby shayaanThat neutrality is backed by validator and issuance roles that span rival networks. Visa said it was invited to the founding validator …
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Markets
Binance arranges $6.34 billion to cover losses from record crypto hack
by shayaanby shayaanBinance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets. …
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Markets
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
by shayaanby shayaanCEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday. www.coindesk.com
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Markets
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
by shayaanby shayaanAnalysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market’s …
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Markets
Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower
by shayaanby shayaanBitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion. www.coindesk.com
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Scams
Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion
by shayaanby shayaanIn brief At least $5.57 billion left Binance-linked wallets on Ethereum, Bitcoin and Tron on Thursday, per an on-chain tally; Binance said …
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Markets
Binance hacker splits $1.4 billion of bitcoin into 19 wallets that no one can freeze
by shayaanby shayaanAll 18,270 coins sit in 19 wallets, 17 of them holding exactly 1,000 BTC each, and none has moved since Thursday night, …