Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack
Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase. Source link
Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase. Source link
Bitcoin has climbed back toward $78,000 on November 1, while Lighter (LIT) has gained around 18% and several smaller cryptocurrencies have recorded double-digit moves despite relatively quiet trading among major altcoins. Summary Bitcoin traded near $78,000 on November 1, recovering from the selling that followed Binance’s $6.3 billion hack. Lighter (LIT) gained around 18% to
Coinbase had a mixed third quarter. Revenue came in at $1.20 billion, below the $1.233 billion analysts expected, according to company filings. Subscription and services revenue did better, reaching $570 million. The company is still heavily tied to trading activity, but its recurring income is growing. Monthly Transacting Users fell to 7.4 million, down from
Cardano has outlined new proposals for regulated stablecoins and quantum-resistant signatures in its November 1 improvement proposal roundup, alongside ongoing governance metadata discussions and two completed documentation items. Summary Cardano’s November 1 CIP roundup features proposals covering regulated stablecoins and post-quantum signature verification. A stablecoin draft seeks common compliance requirements so wallet providers can support
Binance breach points now reach past a single DevOps laptop. The exchange keeps withdrawals frozen for about 45 hours while it maps the attack path. Investigators say they found more ways in. Binance has set aside more than $6.34 billion in company funds to cover confirmed losses. Deposits stay open. That is the stake for
Aave’s market freezes have drawn scrutiny after a social media post claimed a Binance-linked attacker deposited $60 million in stolen USDT and borrowed roughly 19,762 ETH before issuer freezes took effect. Summary Emilio described the market freezes as a precaution to help issuers seize stolen funds. A separate post claimed the attacker borrowed 19,762 ETH
Bitcoin mining pool Ocean has faced a transaction censorship allegation after developer Kruw accused an individual miner of excluding his transaction from block 973,817 and leaving transaction fees 7.68% below an expected template. Summary Kruw accused Ocean miner Powre of excluding his consolidation transaction from Bitcoin block 973,817. A comparison he shared showed transaction fees
As the CLARITY Act moves closer to a full Senate vote, one of its most important contributions may ultimately be a mechanism for separating a token’s secondary-market status from the transaction through which it was originally sold — a distinction that courts and regulators have failed to settle for over a decade. The Digital Asset
In this week’s edition of the weekly recap, Binance has reported a $6.3 billion breach, the Federal Reserve has held interest rates steady, and the CFTC has advanced plans for voluntary crypto exchange registration. Summary Binance pledged to cover customer losses after reporting a $6.3 billion security breach. The Fed held rates at 3.75%–4.00%, with
Bitcoin (BTC USD) fell to $76,500 early on Friday, October 30, hours after hackers drained about $6.36 billion from Binance in the largest crypto theft on record, and traders are now split on whether that was the low. The bounce has been thin. Bitcoin trades at $77,800, down 3% in 24 hours and 4.8% in