The Block headlines
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French bank Crédit Mutuel Arkéa exploited for over $133 million, ZachXBT says
ZachXBT said he has a 'high degree of confidence' that the attacker is not associated with North Korea's Lazarus Group.
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Former Sen. Sherrod Brown defeats Jon Husted, dealing a blow to crypto PAC Fairshake
Former Democratic Sen. Sherrod Brown is taking back his spot in the Senate, leaving crypto political action committee Fairshake with the bag.
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Block Inc. shares rise 6% after-hours as it raises full-year profit forecast
Block raised its full-year gross profit forecast to $12.63 billion, which would represent a 22% year-on-year growth.
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South Korea’s ruling party formally proposes deferral of crypto income tax
The party leader stated that the country should first enact the Digital Asset Basic Act, a comprehensive legal framework for crypto.
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SEC division views Canton Coin as digital commodity in no-action letter
SEC's Division of Corporation Finance won't recommend enforcement over Canton Coin's programmatic issuance, calling CC a digital commodity.
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CZ calls for crypto security alliance as AI-driven attacks accelerate after Binance hack
In his first interview since the Binance hack, Changpeng Zhao says AI is accelerating cyberattacks and calls for industry security alliance.
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Prediction markets bet on Democratic sweep of House, Senate in midterm elections
Ahead of polls closing across the U.S., bettors on prediction markes are increasingly pricing in Democrats taking both the House and Senate.
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Justin Sun seeks sanctions against World Liberty, alleging Trump-linked firm hid UAE ties
Sun says World Liberty Financial hid its UAE citizenship to escape federal court, and plans to refile his $45M lawsuit in California state court.
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CFTC approves individual stock perpetual futures trading in US for the first time
The CFTC approved the ability for exchanges in the U.S. to offer perpetual futures contracts tied to individual stocks.
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Binance says hackers used fake job interview, internal AI tool in $6.3 billion breach
Binance's incident report said hackers used a fake job interview and an internal AI tool to gain access to systems involved in the theft.
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Ethereum Layer 2 Aztec gets Tierra V6 upgrade to support faster private apps
Aztec Foundation has rolled out Tierra V6, saying it fixes earlier security issues and doubles the speed of private transaction proof generation.
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Liquid Network restores full bitcoin backing following $320 million exploit
Liquid Network said its bitcoin reserves are back to full backing after September's exploit, with Blockstream providing the funds.
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NEAR governance approves proposal to cut token issuance ceiling to 1.6%
NEAR's House of Stake passed HSP-029, which lowers the network's maximum annual issuance rate from 2.5% to 1.6% over 24 months.
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Consensys launches cross-ledger settlement and routing stack for institutional networks
Consensys launched a technology stack enabling banks to route and settle transactions across independent ledgers without moving assets.
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Ark Invest buys $3.4 million in Coinbase, adds Circle and Robinhood as stocks trade lower
Cathie Wood's Ark Invest bought $3.4 million of Coinbase shares, $2.6 million of Circle, and $645,820 of Robinhood on Monday.
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Kim Jong-Un’s sister rejects FBI claims linking North Korea to record $6 billion Binance hack: reports
North Korea is now reportedly saying it was not behind the hack, despite the FBI finding that North Korean hackers were behind the heist.
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Mercado Bitcoin, Brazil’s largest crypto exchange, hit by $46 million security breach
Brazil's largest crypto exchange Mercado Bitcoin confirmed earlier Monday a security incident and paused withdrawals.
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DTCC’s tokenization launch could accelerate adoption and boost Securitize, StoneX says
StoneX says DTCC's tokenization service validates Securitize's model, reiterating its buy rating on SECZ as the firm expands tokenized stocks.
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Binance completes latest proof of reserves as it works to restore assets, withdrawals after record hack
Binance users can now independently verify 1:1 backing for BTC, ETH, BNB, SOL, XRP and more as it replenishes 95% of assets lost in record hack.
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Strive inches closer to becoming second-largest public bitcoin holder after latest $10 million buy
Strive bought another 124 BTC, bringing it closer to becoming the second-largest public company holder of bitcoin after Strategy.
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Bitmine adds 8,573 ETH as Tom Lee flags muted Binance hack reaction
Bitmine added 8,573 ETH last week, lifting holdings to 6.06 million ETH, as Tom Lee flagged muted market response to Binance's hack.
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‘We found room for even more orange’: Michael Saylor’s Strategy scoops up another 811 bitcoin for $65.5 million
The latest bitcoin acquisition disclosure comes after Strategy reported $19.5 billion in third quarter net income on Thursday.
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Spot bitcoin ETFs see largest daily outflows in four months following record Binance hack
US spot bitcoin ETFs shed $643 million on Friday, marking their largest single-day outflow since June 25, following Thursday's Binance's hack.
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North Korean hackers launder $242 million of Binance loot via Tron as FBI presses THORChain: analyst
Crypto bridges Relay, THORChain, Chainflip and Symbiosis moved about $140 million of stolen funds off Tron, with Relay handling the most at $48 million.
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Binance sees $3.64 billion in net outflows after reopening withdrawals following record hack
The exchange said the outflows equal 2.1% of its $171 billion in assets and that withdrawal volumes have declined after an initial spike.
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Hackers hijack a dozen DeFi websites, all registered with Name.com, and steal about $138,000
All 12 hijacked domains are registered through Name.com, according to registry records accessed by The Block, suggesting a compromise.
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Chainalysis says hacker using ‘offensive agentic techniques’ accessed its customers’ names and emails
The firm has also been tracking Binance’s separate multibillion-dollar hack, and said the attackers are using a Tron protocol to dodge stablecoin freezes.
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Inside the largest crypto hack on record: How attackers breached Binance for $6.3 billion
Investigators tie the $6B Binance hack to North Korea. Here's how hot-wallet signing infrastructure was compromised and where funds went.
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President Trump says they’re looking into Binance hack as calls grow for crypto rules
Following the $6.3 billion hack of the world's largest crypto exchange, Binance, calls are growing for legislation.
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Texas brothers sentenced to 15 years for holding Minnesota family at gunpoint in $8 million crypto heist
Two brothers who held a family for nine hours at gunpoint in Minnesota for $8 million worth of cryptocurrency were sentenced on Friday.