Binance hack drained wallets backing customer assets, reserve data shows
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces…
Binance loses $5.7 billion in largest crypto hack to date
Crypto prices are sliding on the news, with bitcoin falling back to $79,000. Source：CoinDesk
Polymarket suspends trading after third-party breach leads to user losses
Polymarket said one of its thirdparty providers was breached after users reported seeing their accounts drained. Source：CoinDesk
Stanley Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investment
The billionaire investor disclosed an investment in Trade[XYZ] as the platform teams up with the NYSE's parent company. His family office previously reported…
KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets
The exchange is closing accounts in both countries after MEXC and Bitget announced similar moves earlier this month. Source：CoinDesk
From rivals to partners: Polygon and Solana team to bring stablecoin payments to banks
The two networks are setting aside their rivalry to connect Solana's stablecoin activity with Polygon's banking, wallet and payment infrastructure.…
Crypto exchange HTX exits the UK after settling with the FCA
The former Huobi exchange has stopped accepting deposits from British customers and agreed not to target them with crypto promotions. Source：CoinDesk
Polymarket brings ultra-short crypto prediction markets to U.S. platform
Polymarket’s new Up/Down crypto contracts come as the CFTC renews scrutiny of the prediction market’s compliance with its 2022 U.S. onboarding terms.…
Crypto for Advisors: Only 1 in 5 Americans say the financial system is secure
Source：CoinDesk
Why Switzerland’s first genuine spot bitcoin ETF could soon attract overseas banks and brokers
SIX Swiss Exchange confirms international access, while FINMA explains why it approved the fund and whether ether and solana ETFs could follow. Source：CoinDesk
Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner
The service uses perpetual futures quotes to update reference prices when traditional markets close. Source：CoinDesk
New quantum model slashes hardware needed to break bitcoin keys by 17 times
Alice & Bob's new model reduces the hardware required for a potential attack, bringing it closer to reality and increasing pressure to adopt quantumresistant…