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.
North Korea-linked group reportedly behind $6.3 billion Binance hack
The TraderTraitor hacking unit from the Democratic People’s Republic of Korea (DPRK) – also known as North Korea – is … Continue reading
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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.
Binance may use its $1 billion stake in Elon Musk’s SpaceX to cover losses
Binance founder Changpeng Zhao has pointed to the crypto exchange’s more than $1 billion stake in SpaceX as evidence that … Continue reading
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Strategy CFO Andrew Kang resigns as company posts record operating profit
Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.
Live News: Binance hack rattles crypto as Intel plunges and AI spending fears hit tech
A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%.
Binance hacker dumps a little-known 2017 token and it crashes 90%
The hacker dumped FUN and other smaller tokens into markets too small to absorb large selling, leading to price crashes.
Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
XRP Ledger developers tighten the rules for who can hold ‘restricted’ tokens
A set of fixes would tighten who can hold permissioned tokens on the network. The XRP Ledger Foundation says no users were affected.
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, withdrawals and customer funds remain unaffected, the exchange said.