The $6.3 billion Binance hack paradox: Centralization made the hack possible, but also saved $3 billion
The Binance hack has revived debates about whether decentralization is the digital asset industry’s greatest security advantage or its biggest point of…
Blockchain investigator Chainalysis hit by cybersecurity incident
Chainalysis has engaged worldclass thirdparty experts to support a review of its security and strengthen its defenses. Source:Cointelegraph
This cybersecurity stock will be the next to join the S&P 500
Okta is slated to join the index on Wednesday, replacing Kenvue. Source:MarketWatch
SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions
The Securities and Exchange Commission took another step forward today to assist brokerdealers and other market participants on the path to central clearing of…
Coinbase leads crypto stock selloff following $6.3B Binance hack
Circle, Strategy and other cryptolinked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach. Source:Cointelegraph
American workers are finding their take-home pay isn’t keeping up with inflation, with their wallets ‘stretched thinner and thinner’
Worker compensation grows slower than inflation for second straight quarter Source:MarketWatch
Crypto Biz: Bitcoin’s quantum threat is becoming an economic problem
Bitcoin faces mounting quantum security concerns as Ripple secures a US banking charter, USDC gains ground in Europe and VanEck adds BTC to a new ETF.…
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday. Source:CoinDesk
Amazon’s and Intel’s stocks are set to plunge. But Wall Street’s October winners may surprise you.
A rough month in the technology sector was less spooky in other sections of the stock market. Source:MarketWatch
EIP-7702 didn’t cause Binance hack, but may have amplified losses
Security experts say attackers could have drained Binance’s wallets without EIP7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.…
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…
$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…