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%.…
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.…
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 hack may involve private key ‘misuse,’ not theft: Blockaid CEO
Blockaid’s Ido BenNatan suspects attackers manipulated Binance’s transactionsigning infrastructure, drawing parallels with the Bybit hack. Source:Cointelegraph
Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides
Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibilliondollar transfers from Binancelinked wallets fueling…
Why Intel’s stock is sinking toward its worst drop in two years
Intel’s PC business is under pressure as memorychip prices dent demand and as corporate IT teams have less budget for laptops. Source:MarketWatch