Bitcoin may benefit as global tightening slows, Binance Research says
Binance Research says Bitcoin could find support as global monetary tightening slows, even as markets price in a December Fed rate hike. Source:Cointelegraph
North Korean hackers create memecoins to launder funds from Binance hack: Elliptic
The blockchain firm traced stolen funds through six new tokens on NEAR, where hackers used liquidity pools to obscure transfers between wallets.…
North Korean hackers are creating memecoins to wash loot from $6.3 billion Binance hack
North Korean hackers used six homemade memecoins to launder 117,000 NEAR, worth about $430,000, from the $6.3 billion Binance hack, Elliptic says.…
Analysts see no broader ‘contagion’ from $6.3B Binance hack
Binance’s pledge to cover all user losses helped contain the fallout from the $6.3 billion hack, analysts said. Source:Cointelegraph
The $2.85B Binance hackers lost shows why the UK needs stablecoin freeze rules
The Binance hack proved stablecoin freezes work. Now the UK should make clear freeze rules a condition of listing coins. Source:Cointelegraph
Binance users in some European countries told to pull crypto before fees kick in, with accounts closing by year end
Affected accounts are reportedly set to close on Dec. 31. Users in Spain, France, and Poland say they've received similar notices. Source:CoinDesk
Binance hack is ‘cyber war,’ TRM Labs executive says
TRM Labs executive Ari Redbord called for governments to take offensive action against North Korean hackers following the record $6.3 billion Binance theft.…
Binance hackers had 8 weeks of access before $6.3B exploit, Security Alliance estimates
The cybersecurity company flagged similar multistage intrusion patterns behind other highprofile crypto heists, including the $388 million Bitget hack.…
Binance’s $6.3B hack leaves questions over hot wallet safeguards
Experts say blockchain records show repeated wallet drains but cannot establish Binance’s internal signing controls or transaction limits. Source:Cointelegraph
Crypto exchanges tout cold storage ratios after Binance attack
Coinbase says it keeps more than 99% of customer assets offline, while Gate reports 88.26% of its total assets are kept in cold storage. Source:Cointelegraph
Binance, Deribit revoke SignalPlus API keys after fake Teams invite attack
SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform…
Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and…