Crypto news
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Crypto Biz: Bitcoin’s quantum threat is becoming an economic problem
Bitcoin faces mounting quantum security concerns as Ripple secures a US banking charter, USDC gains ground in Europe and VanEck adds BTC to a new ETF.
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Ethereum Draft Would Let Wallets Permanently Disable EIP-7702 Delegation
Accounts would keep their addresses and ordinary transaction capabilities, but the opt-out would not protect funds from a stolen private key.... Read the full story at The Defiant
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Recap: How Binance’s record $6.3B hack unfolded
A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.
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Renewed calls for rate limits following record outflows
As is often the case following large scale crypto heists, industry voices have called for the use of measures such as “rate limits and time delays” to limit the damage of future events. We need more rate limits and time delays in the ecosystem — Arik Galansky (@arik_g) October 30, 2026...
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Binance Sets Aside $6.34B to Cover Hack Losses, CEO Says 'Your Assets Are Safe'
Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.
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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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Texas brothers sentenced to 15 years for holding Minnesota family at gunpoint in $8 million crypto heist
Two brothers who held a family for nine hours at gunpoint in Minnesota for $8 million worth of cryptocurrency were sentenced on Friday.
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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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Bitcoin risks worst October in 12 years as tech sell-off spreads to gold
Bitcoin circled $77,000 as crypto markets navigated US stock-market downside, while the gold price fell to its lowest in a year.
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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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IPX Unveils KPI-Gated Escrow for On-Chain Crowdfunding & Sponsorship Campaigns
IPX detailed its patent-pending KPI-Gated Escrow, a system that ties crowdfunding dollars for video games, video production and sponsorship payments to agreed platform milestones. The technology is planned for use with the platform’s November 15, 2026 launch.... 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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Trezor reveals Malaysian reseller sold wallet with spyware
Trezor claims it has seen one of its crypto wallets sold by the official Malaysian-based reseller CryptoBilis containing a physical spyware implant. The tampered wallet was Trezor’s ‘Safe 5’ model, and was bought from CryptoBilis in August this year. Trezor told Protos that the implant involves an...
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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 Sets Monday Reserve Report Deadline as Withdrawals Stay Paused
Teng said the Sunday withdrawal restart target remained on track within 40 hours, but reopening depends on the rebuilt service passing testing.... Read the full story at The Defiant
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Ripio CEO Acknowledges Error After wARS Conversion Complaints
Users reported in-app conversions at 0.95 Argentine pesos per token; one later said parity had returned.... Read the full story at The Defiant
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SEC Charges Two Companies in $130 Million Crypto Trading Scheme
Bitcoin Magazine SEC Charges Two Companies in $130 Million Crypto Trading Scheme The Securities and Exchange Commission charged two foreign-operated, Colorado-incorporated companies with running a crypto investment fraud that used false federal filings to raise more than $130 million from tens of...
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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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Tydro Restores New Borrowing but Keeps Lower USDC Cap
The USDC borrow limit fell 31.2% to 51.6 million tokens, leaving about $1.1 million of headroom at the time of reporting.... Read the full story at The Defiant
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Strategy’s preferred-stock fix sets up renewed bitcoin buying, analysts say
Strategy fell after Q3 earnings, but StoneX & TD Cowen kept buy ratings, citing $4.83B cash reserve and more stable STRC preferred structure.
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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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Aave Reopens Markets but Keeps Nine Assets at Zero LTV
The collateral restrictions apply wherever the assets are listed, with different rules for existing V3 and V4 positions.... Read the full story at The Defiant
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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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Anchorpoint Plans Native HKDAP Issuance on Solana
HKDAP remains in Ethereum-only beta access, while HSBC’s RedCoin has already launched for retail payments through PayMe.... Read the full story at The Defiant
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Uniswap, a16z and DEF Seek DeFi Exemptions From Illinois Crypto Tax Rules
The groups want wallet withdrawals and bridging excluded from a levy calculated on asset value, and a private-key recordkeeping requirement removed.... Read the full story at The Defiant
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Tydro Unfreezes Markets but Leaves New Borrowing Blocked
Repayments, withdrawals and liquidations remained available during the precautionary freeze. Tydro's dashboard displays $62.36 million in outstanding borrows.... Read the full story at The Defiant
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Tyler Evans: Bitcoin ETF Flows Flipped From “Highly Negative” to “Strong Accumulation”
▶ Bitcoin Magazine Tyler Evans: Bitcoin ETF Flows Flipped From “Highly Negative” to “Strong Accumulation” Bitcoin has matured out of the bear market. So what's next? Tyler Evans breaks down the Fed, the bond market, JPMorgan naming Bitcoin its best-performing asset class, ETF flows flipping to...
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Will gold’s ‘infinite mint bug’ make Bitcoin more valuable?
A US fusion startup says it has turned mercury into gold. Could a potential increase in the gold supply strengthen Bitcoin’s claim to be a better form of digital gold?