The Month in Brief September turns the rate debate into a decision. Futures pricing puts a quarter-point increase at the 15–16 September meeting at 66.1 percent, against 33.9 percent for no change and zero for a cut (CME FedWatch, read 31 August). The meeting carries a Summary of Economic Projections, so the committee has to
Hackers took about $6.36 billion from Binance’s hot wallets on ten blockchains on Thursday, October 29, in the largest crypto theft on record, a Binance hack the exchange says began with an engineer’s compromised laptop. Most of it was gone in about 20 minutes. Tether and Circle froze about $2.6 billion of stolen stablecoins within
Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase. Source link
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
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
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
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
While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used “thousands addresses,” and expects this number to continue growing. Source link
The biggest crypto-related hack in history by dollar volume just hit Binance, with more than $6.3 billion in affected assets moving on-chain. About $3 billion was frozen through stablecoin operators, but $3.3 billion has not been recovered. Bitcoin Magazine TV breaks down what happened, what Binance has said, and why every day now feels like
Disclaimer: This is a paid press release / sponsored content. Live Bitcoin News published it as submitted and did not independently verify the claims. Editorial opinions on this site remain independent of this placement. The exotic car rental marketplace builds out its global footprint, carrying one standard from the UAE into the United States and
