Binance begins second withdrawal phase, exchange outflows slow
The exchange says additional assets will become available for withdrawal from 04:00 UTC on Tuesday as security checks are completed, following an initial…
South Korea urges exchanges to boost cold storage after Binance hack
South Korean crypto exchanges are already required to hold at least 80% of customer crypto in cold wallets, but the regulator is urging more.…
North Korea denies role in $6.3B Binance hack, points finger at US
Pyongyang has pushed back against the FBI’s attribution of the Binance attack, with Kim Yo Jong calling the US allegations politically motivated.…
New Jersey drops Coinbase staking order ahead of crypto’s midterm test
New Jersey lifted its staking ban and dropped a $5 million penalty, clearing the way for Coinbase to restore staking access for users in the US state.…
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. Source:Cointelegraph
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.…
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…
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. Source:Cointelegraph
Animoca Brands clears final hurdle for Abu Dhabi fund management
The former mobile games company is building out its fund management business in Abu Dhabi as it targets institutional demand for stablecoins and tokenized…
Strategy spends triple its weekly Bitcoin outlay on STRC buybacks
Strategy spent $208.2 million buying back STRC preferred shares and $65.5 million on Bitcoin, while allocating $98.5 million to its USD Cash balance.…
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. Source:Cointelegraph
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.…