Stay SafeConfirmed5h ago
North Korea-linked hackers move stolen Binance funds to Solana
Chainalysis reported that attackers behind the $6.3bn Binance breach transferred funds after draining $500m from Tron wallets.
Editor, DeFi and finance, YourKhabri
Hands-on DeFi experience and a banker's eye for risk.
Akshat brings two worlds to the desk. Working at Axis Bank gives a banker's view of payments, compliance and how traditional finance is meeting crypto. Hands-on experience in DeFi (lending and borrowing protocols, liquidity pools, yield and stablecoins) means Akshat knows how these products actually work, and where they break.
That matters most when something goes wrong. When a protocol is exploited or a stablecoin wobbles, Akshat explains what happened in plain words, who is affected and what users should check, and follows the story as funds are traced or recovered.
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Chainalysis reported that attackers behind the $6.3bn Binance breach transferred funds after draining $500m from Tron wallets.
The denial follows rumors linking the $6.3bn hack to a personal relationship between an engineer and an operative, a story Degen News said was never made by analyst ZachXBT.
The exchange will restart withdrawals after a $6.3bn hack that led Tether to freeze $971m USDT linked to the breach.
The world's largest digital currency marked 18 years since its whitepaper was published, having grown from pennies to a market value of $1.56 trillion.
The statement came a day after reports linked North Korea to the largest heist in history. Tether has frozen $971m in assets related to the incident.
Changpeng Zhao said the crypto sector will survive the multi-billion dollar loss as Tether freezes nearly $1bn in linked funds and US federal agencies investigate.
A technical change designed to make crypto wallets smarter was used alongside 50 stolen signatures to bypass security at the world's largest exchange.
A crypto wallet associated with the Binance exploit offloaded low-liquidity tokens on Uniswap on 30 October 2026, sending the FUN token down by up to 95 percent.
Brian Armstrong said his team is assisting following reports of a security breach at Binance, which led to Tether freezing $971 million in USDT on 29 October.
The exchange made the commitment on 30 October following reports of suspicious on-chain activity. Tether has already frozen $971 million in USDT linked to the incident.
Exchanges closed out more than $600 million in long positions as Bitcoin, Ethereum, Solana and XRP broke key price levels in a rapid market pullback.
The oracle network relies on perpetual futures to supply reference rates for tokenized assets outside standard stock exchange trading hours.
The Dubai royal family-backed firm has announced a $1.5 billion strategy focused on Bitcoin as the cryptocurrency trades near $80,000.
Onchain data shows 864,520 Bitcoin moved in the $84,000 to $85,000 range last November, creating heavy overhead resistance as long-term investors hold coins at an aggregate loss.
Intercontinental Exchange aims to offer regulated derivatives for the HYPE token, which held an $18.9bn market capitalisation on 29 October.
The US Federal Election Commission reported an outage on Tuesday, preventing super political action committees from disclosing last-minute expenditures before the 2026 midterm elections.
The court rejected arguments that digital assets lack value because they are not legal tender, upholding a 10-year sentence for a group that stole 2.48 BTC from a tourist.
The post-trade giant will allow clients including JPMorgan and Fidelity to mint digital tokens representing stocks and ETFs held in its $114 trillion custody system.
Brazil's largest private bank submitted its regulatory filing ahead of an Oct. 30 deadline, formalizing trading and custody for 15 digital assets under Resolution 520.
South Korea's second-largest exchange said its trading systems and customer funds were unaffected, as financial regulators reported cyberattacks on 16 domestic firms.
The firm said it cannot withdraw bitcoin from a $150 million deal with Scilex and will restate four financial periods to remove $49 million in assets.
The agreement places the federally chartered bank at both ends of the remittance route between the two countries.
The agreement includes the use of Ripple Treasury for Robinhood’s internal liquidity and the planned introduction of RLUSD to the main Robinhood app later this year.
Samson Mow said the remaining funds should arrive within days as the federation prepares to resume direct peg-outs for users.
European retail users must move tokens including USDT and PYUSD by Oct. 30 or face automatic conversion to USDC under MiCA compliance rules.
The initiative involves settling invoice payments using Ripple's RLUSD stablecoin on the ledger, in collaboration with supply chain finance platform C2FO.
The fund, named JQQQ, targets eligible professional investors outside the US and requires a minimum investment of $100,000.
Seattle-based Luxor Technology Corporation, a firm that began in Bitcoin mining, secured the investment to scale its AI hardware brokerage and compute trading business.
The federal agency is challenging Utah's actions against prediction market platform Kalshi, escalating a wider dispute over state and federal regulatory authority.
