Security news
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Elliptic says Binance hackers swap stolen tokens for $124M in bitcoin, exchange plans more withdrawal reopenings
Elliptic says little of the stolen crypto has likely been cashed out, while $2.85 billion remains frozen.
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US Sanctions 45 More Targets Tied to Alleged Crypto Scam Empire Prince Group
OFAC targeted offshore companies and associates it says helped Prince Group executives hide assets and dodge earlier sanctions.
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Gnosis Pay breach exposes customer addresses
Gnosis Pay, a firm that issues white label stablecoin cards, has announced a data breach affecting those cards. Specifically, it claims that earlier this week on November 3rd that they “detected unauthorised access to the system powering Gnosis Pay-branded cards (our B2C business line), resulting...
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Gnosis Pay Confirms Breach of Consumer-Card System
The company says funds and its enterprise platform were unaffected, but has not disclosed how many customers were hit.... Read the full story at The Defiant
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Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says
Bitcoin Magazine Binance Hackers Swap About $50 Million of Stolen XRP Mostly Into Bitcoin, Elliptic Says Hackers tied to the record Binance theft have begun converting a large slice of the stolen XRP into bitcoin, blockchain analytics firm Elliptic said in an update dated through Friday, with about...
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$3.1B in Stolen Binance Crypto Has Yet to Be Laundered: Elliptic
The attackers have used more than 20,000 wallets on 16 blockchains so far, but the bulk of the stolen ETH and Bitcoin hasn't moved.
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Binance hackers had 8 weeks of access before $6.3B exploit, Security Alliance estimates
The cybersecurity company flagged similar multi-stage intrusion patterns behind other high-profile crypto heists, including the $388 million Bitget hack.
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Binance Hackers Swap $50 Million in XRP, Mostly Into Bitcoin, Elliptic Says
Bitcoin obtained from other stolen assets nearly doubled in a day to 1,650 BTC, while the main ETH and bitcoin holdings remain untouched.... Read the full story at The Defiant
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Former FBI Agent Pleads Guilty to Stealing $2.5M in Crypto From 35 Investigations
Patrick Yaroch drained wallets using credentials the FBI had collected, then asked ChatGPT for advice on starting a new life in Europe.
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Binance’s $6.3B hack leaves questions over hot wallet safeguards
Experts say blockchain records show repeated wallet drains but cannot establish Binance’s internal signing controls or transaction limits.
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iPhone Wallet Theft Probe Traces $4.06 Million in TRON Drains
Trust Wallet warns that DarkSword and Coruna exploit older iOS versions to access wallet data, rather than flaws in wallet apps.... Read the full story at The Defiant
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Chainalysis says breach exposed password hashes and live tokens
Chainalysis disclosed password hashes and live tokens were exposed after initially reporting only non-sensitive customer data was accessed.
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Bitcoin developer proposes ‘landmines’ to make quantum thieves lose their own BTC
Anyone trying to move vulnerable bitcoin would have to put up matching collateral, giving prepared owners a chance to take both.
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Asian crypto exchanges batten down the hatches as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins.
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Mercado Bitcoin Said Its Hack Was Contained, But Blockchain Data Tells a Different Story
Fresh forensic analysis traces $48.6 million across 11 blockchains and finds thousands of customer deposit addresses drained hours after the Brazilian exchange said it had stopped the breach on Monday.
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OpenAI Found 948 Linux Security Flaws—And Figured Out How to Exploit Them
An automated OpenAI system produced working exploits and draft fixes at roughly $1,279 per flaw, raising new questions about how cheaply AI can find holes in critical software at scale.
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Binance, Deribit revoke SignalPlus API keys after fake Teams invite attack
SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform pledged to reimburse in full.
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Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and crypto risks.
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Gauntlet Restricts V1 Vault Deposits After Reported op-reth Vulnerability
The risk curator is also pausing allocations and reducing LayerZero-bridged asset exposure, while saying no exploit has been reported to its knowledge.... Read the full story at The Defiant
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Floki Takes Trading Bot Offline Amid Exploit Investigation
The team plans to move affected users to new wallets and warns against further deposits into bot wallets.... Read the full story at The Defiant
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Fed and OCC Quiz U.S. Banks After $6.3 Billion Binance Hack
Bitcoin Magazine Fed and OCC Quiz U.S. Banks After $6.3 Billion Binance Hack U.S. bank regulators contacted banks this week to check whether their systems had any vulnerabilities after last week's $6.3 billion hack of Binance, Reuters reported Thursday, citing several people familiar with the...
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Binance hack spooks US gov’t into checking on banks, report
Spooked US regulators are reportedly contacting banks to probe for unusual activity or disruptions in the wake of the $6.3 billion Binance hack. US banks are also trying to learn from the hack and are reportedly checking their own security systems to figure out if they're prepared to respond to a...
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Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.
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Tether and Tron Quietly Scrapped T3 Crime Unit Two Months Before $6.3 Billion Binance Hack
Bitcoin Magazine Tether and Tron Quietly Scrapped T3 Crime Unit Two Months Before $6.3 Billion Binance Hack The T3 Financial Crime Unit, the anti-crime alliance Tron, Tether and TRM Labs launched in 2024 and later expanded to Binance, quietly shut down in late August, Bloomberg reported Wednesday,...
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Binance drops SignalPlus API keys after potential hack
Binance has removed all of its API keys associated with crypto trading terminal SignalPlus as an “immediate precautionary measure” following a potential hack at the third-party firm. Binance posted today to its X account, “Binance's own systems are unaffected. User funds remain safe.” Crypto...
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Binance Cuts Off SignalPlus API Keys Over 'Potential Security Issue' at Trading Platform
The exchange said its own systems and user funds are unaffected, a week after it lost $6.4 billion in a hack blamed on North Korea.
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Mercado Bitcoin hack continued hours after exchange said attack was contained, report finds
The same attacker took about $391,000, mostly from wallets Bitquery ties to BitMart, whose founder confirmed a Nov. 2 hack and suspects a link.
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Crédit Mutuel Arkéa resumes operations after attack, assesses losses
The bank said customer funds were unaffected after attackers accessed its systems through a service provider’s platform.
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Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto
Polygon block producers have already frozen the stolen tokens, but a proposed hard fork would allow the funds to be recovered and returned to their owners.
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U.S. OFAC Sanctions Individuals and Entities Linked to DPRK IT Worker Networks
Recently, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the designation of 10 individuals and one entity. According to the U.S. Department of the Treasury, these targets were involved in facilitating overseas IT worker networks operated by the North Korean...