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. Source:CoinDesk
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. Source:CoinDesk
Strategy CFO resigns as company posts record quarterly profit. MSTR stock falls 6%
Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC. Source:CoinDesk
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. Source:CoinDesk
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…
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. Source:CoinDesk
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…
Binance hacker splits $1.4 billion of bitcoin into 19 wallets that no one can freeze
All 18,270 coins sit in 19 wallets, 17 of them holding exactly 1,000 BTC each, and none has moved since Thursday night, a CoinDesk trace of the blockchain…
$6 billion Binance hack sends bitcoin, ether tumbling; Standard Chartered expects more pain
Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under…
Institutional crypto investors rush to pull funds from exchanges after Binance hack
The withdrawals suggest the fallout from the multibilliondollar breach is spreading beyond Binance. Source:CoinDesk
Crypto's longtime foe, North Korea's Lazarus Group, likely behind Binance hack: blockchain sleuths
Security researchers suggested that the hermit kingdom's Lazarus Group was behind Thursday's nearly $6 billion hack of the world's largest crypto exchange.…