Security news
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Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.
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Elon Musk, CZ Trade Blows Over SpaceX Shares After $6.4B Binance Hack
After Musk appeared to mock Binance’s $6.3 billion hack, CZ reminded him that the exchange’s $500 million bet on his Twitter takeover is now worth over $1 billion in SpaceX shares.
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1INCH Slides 13%, Extending Losses Beyond Bitcoin and Ether
1inch said its token was among assets stolen from Binance and that blocking attacker access to its apps cannot freeze the tokens themselves.... Read the full story at The Defiant
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Binance Attacker Used EIP-7702 to Bypass Wallet Controls, Teng Says
Binance is rebuilding its withdrawal service after a breach it estimates at $6.3 billion. Teng also said attackers destroyed tools and traces during the intrusion.... Read the full story at The Defiant
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How the Binance hack happened on-chain on Ethereum
The Binance hack is one of the largest heists of all time and relied, in part, on exploiting how wallet delegation functions on Ethereum. Specifically, the attacker appears to have deployed a sweeper contract and then sent 50 EIP-7702 authorizations targeting the address labeled as Binance 14, all...
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Binance’s Teng Targets Sunday Withdrawal Restart After Hack
The co-CEO says Binance has reserved over $6.34 billion in company funds and plans to publish a full Proof of Reserves report by Monday.... Read the full story at The Defiant
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What is EIP-7702? The Ethereum Upgrade Behind the $6.4B Binance Hack
EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions. Here's how it works.
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Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market's recovery.
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Blockchain Firms Link North Korea to $6.3 Billion Binance Hack
Bitcoin Magazine Blockchain Firms Link North Korea to $6.3 Billion Binance Hack Blockchain analysis firms Chainalysis and TRM Labs have linked the $6.3 billion Binance hack yesterday to TraderTraitor, a unit associated with North Korea. If confirmed at this scale, the theft would be the largest...
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Coinbase and Strategy Sink After Binance Breach
Both stocks extended their opening losses, outpacing Bitcoin’s 4.65% decline and the S&P 500’s 1.24% drop over the same window.... Read the full story at The Defiant
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Binance says it has $6.34 billion ready to cover hack losses
Binance has allocated $6.34 billion to cover hack losses, while industry partners have frozen another $3 billion in affected assets.
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Binance working with FBI to recover assets following $6.3B hack
Binance is working with law enforcement to recover $3 billion that is frozen, after setting aside more than $6.3 billion from the company’s funds to cover the shortfall.
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Binance says it holds $5B in matching tokens to cover hack losses
The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proof-of-reserves report.
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Morning Minute: Binance’s $6.4B Hack Overshadows Hyperliquid’s Biggest Day
Just as Hyperliquid opened the door to a fully regulated perps offering inside the U.S., Binance suffered the biggest hack in crypto history.
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TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor
Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.
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Binance arranges $6.34 billion to cover losses from record crypto hack
Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.
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Here's how big bitcoin traders responded after the Binance hack hit
Your day-ahead look for Oct. 30, 2026
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Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion loss
On Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet.
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Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack
Bitcoin held above $76,000 after a $6.3 billion Binance hack and a tech-stock sell-off, as momentum indicators pointed to a possible rebound.
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Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower
Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.
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Binance Says It Has Reserved Over $6.34 Billion to Cover Hack Losses
The exchange says $5 billion is already held in the affected tokens, while withdrawals remain paused during a security overhaul.... Read the full story at The Defiant
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EIP-7702 didn’t cause Binance hack, but may have amplified losses
Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.
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Binance hacker’s Bitcoin haul tops Coinbase’s corporate treasury
The attackers held 18,270 BTC early Friday, topping Coinbase’s reported corporate holdings, and an Ether stash exceeding 500,000 ETH.
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Synthetix Recovers 8.4 Million SNX Stolen in Binance Hack
The protocolDAO says the tokens are secured in its Safe and will be returned when Binance requests them.... Read the full story at The Defiant
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THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack
North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene.
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Chainalysis Says Binance Hacker Swapped $325 Million to Evade Freezes
The firm's findings report puts frozen assets at about $2.8 billion and describes transaction patterns suggesting automated laundering.... Read the full story at The Defiant
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CZ Says Binance Hack Leaves $2 Billion Gap, Points to SpaceX Shares
Binance has pledged to cover all losses from SAFU and company funds; Zhao did not spell out how the shares would finance reimbursements.... Read the full story at The Defiant
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USDT0 Freezes 6.19 Million Tokens Linked to Binance Exploit
The network also restored USDT transfers between Tron and Ethereum after a precautionary pause.... Read the full story at The Defiant
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Binance Finds 'Additional Points of Breach' in $6.3B Hack
CEO Richard Teng said the attack was "not a single 'one-click' action," as Binance confirmed about $3 billion has been frozen.
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Unit Delays All Deposits and Withdrawals After Binance Breach
Guardian screening can prevent transfers from completing as Binance says partners have frozen about $3 billion in affected assets.... Read the full story at The Defiant