NewsBTC 2 days ago

Binance Details $6.3B Hot-Wallet Breach as Exchange Pledges to Cover Losses

The company reported approximately $3 billion of affected assets frozen on-chain through coordination with issuers, investigators...

coindesk 2 days ago

The $6.3 billion Binance hack paradox: Centralization made the hack possible, bu...

The Binance hack has revived debates about whether decentralization is the digital asset industry’s greatest security advantage or...

blockonomi 2 days ago

Binance Co-CEO Says Attackers Used Self-Destruct Tools to Hide $6.3B Hack Traces

TLDR: Teng said multiple people took part in the roughly $6.3 billion Binance hack disclosed on October 30. Self-destruct mechanis...

coindesk 3 days ago

Experts divided over Binance hack asset freezes, warn recovery is another matter

Tether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victim...

coindesk 3 days ago

Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal...

CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.

coindesk 3 days ago

Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Bina...

Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto marke...

coindesk 3 days ago

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.

blockonomi 3 days ago

Binance Reserves $6.34 Billion to Cover Hack Losses

TLDR Binance has reserved over $6.34 billion in company funds to cover losses from the security breach. The exchange already holds...

coindesk 3 days ago

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...

coindesk 3 days ago

Binance hack bites India's largest crypto exchange as it curbs futures trading

CoinDCX has restricted new futures positions after Binance’s security incident disrupted a key liquidity provider. Deposits, withd...