Live updates: Binance says $6.34B set aside to cover hack losses
Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.
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Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.
The attackers held 18,270 BTC early Friday, topping Coinbase’s reported corporate holdings, and an Ether stash exceeding 500,000 ETH.
Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.
Trezor urged customers who bought devices from CryptoBilis since March to move their funds after a report of a suspected hardware implant.
Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.
Standard Chartered’s Geoffrey Kendrick says the breach could accelerate a shift toward decentralized trading and strengthen his case for Uniswap’s UNI token reaching $100 by 2030.
Blockaid’s Ido Ben-Natan suspects attackers manipulated Binance’s transaction-signing infrastructure, drawing parallels with the Bybit hack.
Binance is investigating a multibillion-dollar security breach involving its Ethereum wallets, with Tether and Circle freezing more than $2.36 billion in stablecoins.
The tokenized shares would carry the same shareholder rights as traditional stock, with round-the-clock trading and immediate settlement under the SEC’s innovation exemption.
The exchange cited legal and regulatory compliance in its reason for cutting off services to users based in the two countries, currently the targets of international sanctions.