Security news
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AI poses greater threat to Bitcoin than quantum computing, Swan founder says
The Swan Bitcoin founder warned that hackers are using large language models to exploit security flaws with just a few prompts.
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North Korea Rejects FBI Blame for $6.3 Billion Binance Hack
Kim Yo Jong called the US accusation “absurd rhetoric,” while Chainalysis cited stolen funds mixing with proceeds of an earlier exploit.... Read the full story at The Defiant
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Crypto investigators flag suspected $106M theft, $786K Solana bot drain
A European entity may have lost $106 million from exchange accounts, while a wallet associated with a Solana arbitrage bot may have lost another $786,000.
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Mystery $106 Million Crypto Theft Hits EU Entity Days After Binance Hack
Onchain investigator ZachXBT says an unidentified EU entity lost more than $106 million from centralized exchange accounts on Sunday,.
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Claude-Built Linux Exploit Targets Bug That Ubuntu Still Hasn't Patched
Anthropic says Claude wrote an attack that can take over a Linux server with no password. Red Hat patched on Sunday, but Ubuntu still has no fix.
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Coinbase hit with 50% price target cut as post-earnings rout deepens
Slowing trading activity and fallout from the Binance hack are clouding Coinbase’s revenue prospects, prompting Morgan Stanley to lower its rating on the stock.
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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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Tom Lee Calls Bottom on AI Stock Selloff, Citing Tight Supply and Crypto Resilience
The Fundstrat strategist says constraints on AI spending have slowed growth without ending the boom, while crypto’s response to the Binance hack suggests sellers may already be exhausted.
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Mercado Bitcoin Breach Wallet Sends 2,800 ETH Onward
Other transfers moved 2.24 million USDC and 1.7 million TRX, while deposits and withdrawals remained suspended.... Read the full story at The Defiant
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Mercado Bitcoin wallets keep moving funds after $46M hack
Brazil’s exchange Mercado Bitcoin paused deposits and withdrawals after a security breach, saying customer funds and data were safe.
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Linux earns ‘worst bug in the history of the internet’ status
Claude’s newly-discovered zero-click Linux vulnerability was branded “the worst bug in the history of the internet” over the weekend after it earned a 9.8 out of 10 on a common vulnerability scoring system, and spooked Ubuntu Linux users who suffered a delay on code patches. The bug, CVE –...
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North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds
$2.85 billion of the $6.43 billion stolen from Binance has been frozen or seized, compared with about 3% in the Bybit hack, as North Korea’s automated laundering spans 12,000 wallets.
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EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says
The unidentified attacker moved funds through ether, instant exchanges and Monero, but the victim and affected exchanges remain unknown.
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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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Mercado Bitcoin hack losses are at $46M and growing
Brazilian crypto exchange Mercado Bitcoin has paused withdrawals and deposits after losing an estimated $46 million worth of crypto to hackers. The exchange claimed it contained the security incident this morning, saying, “There was no harm to customers,” and “there was no data breach.” It said the...
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Brazil's Largest Exchange Mercado Bitcoin Halts Withdrawals After $40 Million Hack
Brazil's largest crypto exchange paused deposits and withdrawals after a security incident. Tether froze more than 4.5 million USDT tied to the attack.
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Bitmine Buys More Ethereum as Tom Lee Calls the Binance Hack Bullish
The chairman laid out six reasons the market’s “muted” 4% ETH drop after the record Binance theft shows crypto is “increasingly resilient,” as the firm’s stash neared its 5% supply goal.
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Arkham Says Mercado Bitcoin Attacker Holds $46 Million
The tracker groups 36 addresses. Mercado Bitcoin says customers suffered no losses but has not disclosed a total loss.... Read the full story at The Defiant
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Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains
The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack.
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European supermarket fridges hacked again
Fridges in supermarkets across Europe have been hacked and set to defrost for a second time this year as part of a cyberattack that will likely cause millions of euros worth of damage. BNO News reports that fridges in Belgium, Luxembourg, Sweden, Ireland, Estonia, and the Netherlands were hacked...
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Relay Reports Route Disruptions in Bid to Block Binance-Hack Funds
The bridge says no user action is needed and is working with Binance and law enforcement to screen hacker-linked addresses.... Read the full story at The Defiant
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Binance Reopens Withdrawals as Hack Recovery Enters Second Week
Bitcoin Magazine Binance Reopens Withdrawals as Hack Recovery Enters Second Week Binance restarted customer withdrawals on Sunday, four days after hackers drained roughly $6.3 billion from its hot wallets in the largest crypto theft on record. The exchange reopened in stages over the weekend,...
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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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Morning Minute: The Binance Hack Leads to Mass Outflows while FBI Opens Probe
Uptober was far from it, with the Binance hack punctuating a red month. Will November be better? Or will the Binance hack hang over crypto?
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Binance taps half its SAFU Bitcoin holdings, releases reserve proof
Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restoring the $1 billion fund.
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FATF targets crypto hubs in review of money laundering controls
The watchdog has not named the jurisdictions under review. Initial findings on compliance with its crypto standards are due in June 2027.
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Binance hackers begin swapping stolen Solana tokens for Bitcoin: Chainalysis
Crypto exchange Gate said it froze two linked accounts as US investigators urged platforms to block transactions tied to the $6.3 billion theft.
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Core Fork Recovers 68.15 Million CORE After b14g Hack
The recovery covers about 70% of affected tokens, but users have not been repaid and no claims process is open.... Read the full story at The Defiant
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No proof of AI in North Korean hackers move of stolen Binance funds
Elliptic tracked thousands of transfers, failed swaps and repeated transactions that suggest the hackers relied on scripts rather than AI agents.
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Elliptic Flags First Bitcoin Mixing of Binance Hack Proceeds
The analytics firm traced roughly 12,000 wallets across 11 blockchains and put remaining linked balances at $3.24 billion.... Read the full story at The Defiant