Security news
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UK Says AI-Powered Ransomware Attack on Critical Infrastructure 'Highly Likely' by 2028
The National Cyber Security Centre said AI will expose security flaws "tolerated for far too long," and called time on "tech on the cheap."
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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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Fake Job Interview Opened Path to $6.34 Billion Hack, Binance Says
Attackers used an internal AI tool to reach wallet engineers, while persistent onchain permissions complicated containment.... Read the full story at The Defiant
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Binance's $6.3 billion hack began with a fake job interview, exchange says
North Korea-linked attackers spent months compromising Binance employees and internal systems before exploiting its hot-wallet signing infrastructure through Ethereum's EIP-7702 mechanism.
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Binance Details Months-Long Campaign Behind $6.34 Billion Hack
The exchange says 98% of impacted tokens have been replenished; its report explains why pausing withdrawals did not stop every outflow.... Read the full story at The Defiant
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South Korea asks its biggest banks how a major crypto hack would hit them
In its first such survey, the BOK also asked about a crypto price crash, losses at another firm, and each firm’s crypto teams, budgets and investments.
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CZ warns of more AI-driven hacks following Binance’s historic $6.4 billion heist
While investigators found no evidence that AI agents laundered the stolen Binance funds, Zhao stressed that automated tools are lowering the barrier for complex breaches.
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Crypto Recovery Services: What to Check Before Paying
Tracing stolen crypto is different from getting it back. US consumers should verify a provider’s identity, written deliverables, fees and access to sensitive data.... Read the full story at The Defiant
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Morning Minute: Tom Lee Calls the Binance Hack Bullish for Ethereum
Meanwhile, both the BTC ETFs and ETH ETFs bleed outflows in the Binance hack aftermath, dragging down prices.
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Binance net outflows reach $5.3 billion after record hack. CEO says recovery underway
Nearly $11 billion left the exchange over 46 hours, although CEO Richard Teng said hourly deposits were beginning to exceed withdrawals.
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Kraken Restricts Accounts Amid Suspected $133 Million-Plus EU Theft
The exchange says its own systems and customer accounts were not compromised and that it is working with law enforcement on recovery.... Read the full story at The Defiant
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Binance Misses Monthly Luna Classic Burn for First Time Since 2023
LUNC holders are waiting for Binance’s November burn, but it hasn’t arrived as the exchange recovers from a record $6.3 billion hack.
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Binance Lacks Cyber Insurance for $6.3 Billion Hack, Bloomberg Law Reports
The exchange says it reserved more than $6.34 billion in company funds and is drawing on emergency and futures reserves to replace stolen assets.... Read the full story at The Defiant
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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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Binance’s net inflows turn positive at $2.3B as withdrawals expand
Binance led exchanges in 24-hour net inflows, reversing Monday’s heavy outflows as it restored access to funds after its $6.3 billion hack.
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Liquid Network Restores Full Bitcoin Backing Two Months After $320M Exploit
Blockstream CEO Adam Back said the sidechain's defenses have been hardened, and warned developers not to trust AI-suggested fixes blindly.
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Event Recap | 2026 HK Institutional RWA & Stablecoin Forum Successfully Held
On November 2, during Hong Kong FinTech Week, the “Legal Breakthrough, Risk Foundation | 2026 HK Institutional RWA & Stablecoin Forum,” co-hosted by SlowMist and JunHe LLP, was held at AIA Central in Central, Hong Kong. The event brought together institutional representatives and industry guests...
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Liquid’s bitcoin IOUs are fully backed again after a $320 million exploit
A final 250 BTC transfer closed the hole left by September’s bug, but the federation behind the network still hasn’t said who paid to fill it.
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North Korea Denies $6.3B Binance Hack, Calls FBI Finding a 'Political Provocation'
Kim Yo Jong suggested the U.S. itself could be behind the theft, as Binance said hourly deposits had begun to exceed withdrawals.
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North Korea denies role in $6.4 billion Binance hack after FBI points to TraderTraitor
The high-profile denial follows FBI alerts identifying North Korean-controlled wallet addresses tied to the largest cryptocurrency exploit in history.
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Mercado Bitcoin Promises No Customer Asset Losses After Hack
The exchange says $11 million has been blocked, but its assurance does not specify a funding source or reimbursement deadline.... Read the full story at The Defiant
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Mercado Bitcoin pledges to cover all user losses after near $40 million hack
Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets.
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Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
A 12-person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back. It’s the second time this year.
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UK warns AI ransomware attack on infrastructure ‘highly likely’ by 2028
The warning comes as UK cyber officials also flag growing threats from state-backed hackers targeting government officials and politicians.
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Binance begins second withdrawal phase following record hack
The exchange says additional assets will become available for withdrawal from 04:00 UTC on Tuesday as security checks are completed, following an initial reopening on Nov. 1.
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South Korea urges exchanges to boost cold storage after Binance hack
South Korean crypto exchanges are already required to hold at least 80% of customer crypto in cold wallets, but the regulator is urging more.
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Chainalysis Puts Mercado Bitcoin Hack at $49 Million Across 17 Chains
Mercado Bitcoin separately says $11 million has been blocked and promises no customer losses, while access to services remains suspended.... Read the full story at The Defiant
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Liquid Restores Full Bitcoin Backing After Elements Exploit
Full reserves meet a condition for restarting direct federation withdrawals, which were last reported under enhanced operational controls.... Read the full story at The Defiant
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North Korea denies role in $6.3B Binance hack, points finger at US
Pyongyang has pushed back against the FBI’s attribution of the Binance attack, with Kim Yo Jong calling the US allegations politically motivated.
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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.