Exchanges news
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Binance Expects to Start Resuming Withdrawals Within 48 Hours
Yi He says deposits are operating normally as the exchange pledges to cover losses from an incident it estimates had a $6.3 billion impact.... Read the full story at The Defiant
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Bitcoin Price Briefly Slides to $76,300 as Binance Confirms Hack Estimated at $6.3 Billion
Bitcoin Magazine Bitcoin Price Briefly Slides to $76,300 as Binance Confirms Hack Estimated at $6.3 Billion Bitcoin traded in the $76,300 range on Thursday as Binance confirmed a security breach that the exchange estimates at $6.3 billion in total impact. The figure would place the incident among...
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$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain
Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under pressure before finding a base.
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Institutional crypto investors rush to pull funds from exchanges after Binance hack
The withdrawals suggest the fallout from the multibillion-dollar breach is spreading beyond Binance.
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Binance hack could accelerate shift to DEXs: Standard Chartered
Standard Chartered’s Geoffrey Kendrick says the breach could accelerate a shift toward decentralized trading and strengthen his case for Uniswap’s UNI token reaching $100 by 2030.
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Crypto's longtime foe, North Korea's Lazarus Group, likely behind Binance hack: blockchain sleuths
Security researchers suggested that the hermit kingdom's Lazarus Group was behind Thursday's nearly $6 billion hack of the world's largest crypto exchange.
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Bitcoin slides below $77,000, BNB drops amid Binance hack
BNB lost 7.1%, while Binance Co-CEO Yi He pledged that the exchange will cover all user losses resulting from the hack.
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LIVE: Binance suspends withdrawals amid massive crypto hack
Billions of dollars worth of digital assets left wallets controlled by the world’s largest crypto exchange, Binance, on Thursday afternoon New York time. Pending the success of any recovery efforts, the dollar value of missing assets tentatively rank Binance’s loss today among the largest heists in...
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Binance hack drained wallets backing customer assets, reserve data shows
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.
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Binance hack may involve private key ‘misuse,’ not theft: Blockaid CEO
Blockaid’s Ido Ben-Natan suspects attackers manipulated Binance’s transaction-signing infrastructure, drawing parallels with the Bybit hack.
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Binance Security Incident: Withdrawal Status, Timeline and FAQs
Binance says customer funds are safe. Issuer freezes restrict token movements but do not establish how much has been recovered or ultimately lost.... Read the full story at The Defiant
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Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides
Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibillion-dollar transfers from Binance-linked wallets fueling uncertainty.
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Bitcoin Price Slides Below $79,000 as Binance Loses $5.8 Billion in Massive Hack
Bitcoin Magazine Bitcoin Price Slides Below $79,000 as Binance Loses $5.8 Billion in Massive Hack Bitcoin dropped below $79,000 on Thursday as reports of a suspected multibillion-dollar hack at Binance, the world’s largest crypto exchange, rippled through markets. The selloff followed reports of...
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Binance Hacker Hunts for Exit Ramps as DeFi Exchanges Pause Markets
Etherscan records show wallets tied to the suspected Binance hack swapping freezable stablecoins for Ethereum on decentralized exchanges.
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Binance Wallet Outflows Widen to Three Accounts in Suspected Hack
Records show 823 million USDC left Hot Wallet 34, while Binance 14 was swept again 40 minutes after its initial outflow.... Read the full story at The Defiant
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Binance investigating hack as suspicious outflows reach up to $5.8 billion
Tether and Circle froze $1.79 billion in USDT and USDC after billions moved out of Binance hot wallets. Binance says it is investigating.
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Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion
An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, as Tether and Circle froze $1.8 billion.
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Binance investigates potential multibillion-dollar hack
Binance said it is investigating a potential security breach after suspicious wallet transfers, while co-founder CZ reported nearly $1.8 billion in frozen stablecoins.
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Tether Freezes 971 Million USDT in Wallet Linked to Suspected Binance Drain
Binance says it is investigating a potential security issue but has not confirmed any impact to user funds.... Read the full story at The Defiant
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ETH Trades at 20% Premium on Uniswap Versus Binance
Hundreds of ETH changed hands at elevated stablecoin prices, while Chainlink’s ETH/USD reference feed showed about $2,250.... Read the full story at The Defiant
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Multi-billion Binance hack hitting crypto markets
Crypto prices are sliding on the news, led by BNB coin, down 6% in the last hour.
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Binance-Labeled Wallet Swept Minutes After EIP-7702 Delegation
The delegated account later triggered a separate 780 million USDC transfer from a smart wallet it owns. Whether the movements were authorized remains unconfirmed.... Read the full story at The Defiant
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Binance Takeover Claim Recycles CZ's 2022 FTX Announcement
The post names no corporate buyer or deal document, while BNB was down 9.03% over 24 hours.... Read the full story at The Defiant
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CFTC Chair Calls Utah's Kalshi Prosecution 'Blatant Overreach'
A federal lawsuit seeks to block Utah enforcement, but the state has already won an initial ruling against the prediction market exchange.... Read the full story at The Defiant
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Coinbase Swings to $719 Million Q3 Profit on Crypto Gains
Coinbase reported third-quarter net income of $719 million, driven largely by gains on its crypto holdings, as revenue held flat at $1.22 billion.
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Coinbase Beats Q3 Transaction Revenue Estimates as Crypto Gains Lift Profit
Average USDC in Coinbase products hit a record $22 billion; adjusted net income was $77.7 million, versus $719 million reported.... Read the full story at The Defiant
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Coinbase CEO Armstrong Adopts Plan to Sell Up to $1.31 Billion in Shares
Fred Ehrsam and Emilie Choi also adopted share-sale plans, with different trading windows extending into 2027.... Read the full story at The Defiant
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Chrome Can Now Pull Details From Your Gmail to Fill Out Web Forms
Chrome's new autofill uses Google's Gemini AI to search your Gmail for order numbers, tracking details, and flight bookings and fill them into web forms. It is rolling out in the U.S.
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Polymarket pauses trading after $2.65 million exploit, says third-party provider was compromised
After over $2.5 million was lost within minutes on Polymarket, the platform said it has since placed its exchange in cancel-only mode.
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SEC Charges BG Wealth and DSJ Exchange in Alleged $130 Million Crypto Fraud
The agency says investors lost more than $100 million after the firms promised risk-free trading returns and used false filings to claim SEC approval.... Read the full story at The Defiant