The world’s largest crypto exchange by market cap resumed withdrawals earlier today and later reported that users requested nearly $4.7 billion to be taken out of the platform. At the same time, BTC continues to trade close to $78,000, with some analysts drawing comparisons to the post-FTX collapse, which marked the bear market’s bottom. $3.64B […]
Binance is preparing to reopen withdrawals in phases as early as today, less than 72 hours after the largest recorded crypto theft in dollar terms. Meanwhile, the FBI formally attributed the attack to North Korean hackers and warned that the stolen assets are already being moved through laundering channels. US President Donald Trump also weighed […]
The cryptocurrency market saw major volatility over the past week, with one altcoin hitting a brief record high before dropping sharply. The frog-themed meme coin PEPE also grabbed headlines, posting strong gains despite the broader market downturn, but the spotlight eventually shifted to Binance. The biggest crypto exchange suffered a $6.3 billion hack, undermining the […]
Binance co-CEO Richard Teng told the exchange’s customers that the company will cover all losses after a security incident estimated to have impacted $6.3 billion. Additionally, Binance has conceded that the compromised laptop, which was initially blamed for the breach, was not the only factor, as investigators have found additional points of attack. Binance Working […]
The cryptocurrency market appears set to end the business week deep in the red after the $6.3 billion Binance hack sent shockwaves through the entire sector. The leading digital assets Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) did not escape the pullback, with one popular analyst suggesting they could plunge even more before attractive buying […]
Binance confirmed earlier today that it has become the latest victim of a major hack that, according to some other reports, has seen well over $6 billion drained from the platform. This is by far the biggest hack in the crypto industry, which, as expected, led to a massive pullback in (almost) all digital assets. […]
The world’s largest cryptocurrency exchange, by means of both users and trading volume across the board, has been hacked. Not a System Compromise According to a recent announcement, the incident “may involve a compromised DevOps engineer’s laptop, which allowed an attacker to gain access to a service container and submit unauthorized withdrawal transactions.” Binance further […]
The world’s largest cryptocurrency exchange will briefly suspend some important services on the Ethereum (ETH) network this week. It will also remove several trading pairs that no longer meet the required standards. Here’s everything users should know. The Upcoming Disruption Binance will perform wallet maintenance on the ETH network on October 28, and deposits and […]
Binance will restrict eight products and services and delist 22 tokens for users in Brazil from October 27 as it restructures its local operations to comply with Central Bank regulations. The changes also move customers’ Brazilian-real operations to a locally authorized payment account, while new reporting requirements for international crypto transfers take effect on November […]
Licensed EU crypto firms have until early January 2027 to wind down services for stablecoins that fail MiCA, the European Securities and Markets Authority (ESMA) said on Thursday. ESMA set that three-month deadline in an opinion addressed to national supervisors. The opinion covers asset-referenced tokens (ARTs) and e-money tokens (EMTs) that do not meet MiCA’s […]