Institutional crypto investors rush to pull funds from exchanges after Binance hack
The withdrawals suggest the fallout from the multibillion-dollar breach is spreading beyond Binance.
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Hackers drain 9,400 SOL from bot wallets, and a copied key is blamed
Owner-key signatures and old bot wallets reveal the stakes of service controls, while @BloomTrading denies private-key compromise. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance hack could accelerate shift to DEXs: Standard Chartered
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. The Binance hack could accelerate a shift in crypto trading toward decentralized exchanges, benefiting Uniswap over the longer term, according to Standard Chartered’s global head of digital assets research, Geoffrey Kendrick. In an email shared with Cointelegraph, Kendrick said the breach should drive further growth in decentralized exchanges’ share of trading relative to centralized platforms, though investors should wait until after the impact of the Binance attack has time to play out in the markets. “I would encourage investors to re-engage with Uniswap,” said Kendrick. “The decentralized exchange (DEX) has n…
Crypto's longtime foe, North Korea's Lazarus Group, likely behind Binance hack: blockchain sleuths
Security researchers suggested that the hermit kingdom's Lazarus Group was behind Thursday's nearly $6 billion hack of the world's largest crypto exchange.
Binance Suffers $6.3 Billion Hack, Pledges to Cover All User Losses
Binance confirmed the incident but reassured that user funds will be covered in full.
Allium restores 18 major chains, but only specific platforms are safe
Specified Snowflake and Databricks tables passed checks, while BigQuery backfills and account recovery requirements remain. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
20 institutions join DTCC token service, but only 34 securities qualify
Already-tokenized securities can move between registered wallets all weekend; conversion orders remain limited to business-day hours. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Silicon Valley shifts AI funding to crypto using an Ethereum ICO blueprint
Its October startup request pairs blockchain capital raising with stablecoins, trading and agent infrastructure ahead of a November 2 deadline. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance hack drained wallets backing customer assets, reserve data shows
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.
Binance points to engineer’s hacked laptop in $6.3B breach
Binance says attackers may have used a compromised DevOps laptop to access internal infrastructure. Update (Oct. 30 at 2:44 am UTC): This article has been updated to include Binance’s preliminary investigation into the security breach. Binance said its initial investigation into the multi-billion crypto breach has pointed to a compromised DevOps engineer’s laptop. The exchange said the laptop compromise may have allowed an attacker to access a service container and submit unauthorized withdrawal transactions. It said it had found no evidence of a wallet private-key leak, though its investigation remains ongoing.
Trump’s crypto firm joins Tether, Circle, and Ripple in $2.6 billion stablecoin freeze as Binance hack outflows near $6 billion
Stablecoin issuers, including Tether, Circle, Ripple, and World Liberty Financial, have frozen more than $2.6 billion in digital assets linked to a suspected Binance security breach involving nearly $6 billion. On Oct. 29, Tether CEO Paolo Ardoino said the company had frozen more than $ 1.567 billion in USDT linked to the suspected incident. He… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides
Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibillion-dollar transfers from Binance-linked wallets fueling uncertainty. Cryptocurrency markets fell sharply Thursday as reports of a potential multibillion-dollar hack involving Binance wallets rattled investors, sending BNB down more than 7% and pushing the broader market lower. The selloff coincided with reports of suspicious transfers involving Binance-linked wallets. Blockchain security firm Blockaid identified approximately $3.3 billion in suspicious transfers, while Arkham Intelligence tracked roughly $5.84 billion in assets held by wallets labeled “binance-hacker-1029,” though neither figure represents a confirmed theft amount. BNB, the native token of BNB Chain, traded near $702, dow…
The Fed’s rate freeze will mean nothing unless banks fix a repo market bottleneck
The October 29 settings put reserve interest at 3.90%, standing repo at 4.00% and reverse repo at 3.75%, each supporting rate control. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance Hacker Hunts for Exit Ramps as DeFi Exchanges Pause Markets
Etherscan records show wallets tied to the suspected Binance hack swapping freezable stablecoins for Ethereum on decentralized exchanges.
Bitcoin whipsaws below $79,000 as Binance hot wallet reportedly drained by Tornado Cash-linked wallet
Bitcoin hit an intraday low of $78,297 on Binance spot on Oct. 29 and sat near $79,126 at press time, as large transfers left Binance-labeled wallets. Binance shared on X that the exchange is “aware of reports of a potential security issue and are actively investigating.” It added: “Our security teams are reviewing all relevant… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Tampered Ledger reported in Singapore a month before news broke: Asia Express
Singapore police say tampered Ledgers started showing up there on September 10. South Korean lawmakers look set to delay the crypto tax law for a fourth time. Singapore police say at least two cases involving tampered Ledger hardware wallets have been reported since Sept. 10, with combined losses of about 3.5 million Singapore dollars ($2.7 million). It places the first local report almost a month before the wider incident became public. It’s not clear from the October 28 consumer alert if the September 10 case was reported to police at the time, or was made retrospectively. If the report was timely, it raises questions as to whether Ledger was informed, or if the Singapore Police Force was in a position to issue a public warning earlier. However, the October 28 advisory suggested the poli…
Copilot AI Predicts PI Network Binance Price
Something potentially explosive could be building for Pi Network (PI) by January 1, 2027. Microsoft Copilot AI predicts that a specific event could send PI surging to new heights in Q4.A full, unrestricted listing of PI on Binance, including major trading pairs, deep liquidity support, and prominent placement across the exchange’s products. In this framework, …
Singapore Reports $3.5 Million in Losses From Tampered Ledger Crypto Wallets
About $3.5 million has been lost in Singapore after suspected tampered Ledger wallets exposed users' crypto wallets to unauthorised access.
Kalshi’s Senate contracts can settle on different answers to the same election
An Oct. 28 snapshot shows a loss before fees when outcomes align, while different settlement rules expose the package to another risk. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion
An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, as Tether and Circle froze $1.8 billion.