Binance reopens bitcoin withdrawals after its $6.3 billion hack and says about 95% of the affected assets have been replaced
Binance began reopening withdrawals in phases on Sunday, starting with bitcoin, three days after the largest crypto hack on record. The exchange says it has replenished about 95% of the impacted assets and that users will not bear the losses.
Binance sets aside $6.34 billion to cover its record hack and plans to start reopening withdrawals in stages on Sunday
The exchange says users will not bear the losses from the $6.3 billion breach. About $3 billion has been frozen on-chain, a proof-of-reserves report is due Monday, and a blockchain analytics firm links the attack to North Korea's TraderTraitor group.
Binance hit by a $6.3 billion breach, the largest crypto hack on record; withdrawals halted and bitcoin falls below $77,000
Binance, the world’s largest cryptocurrency exchange, suffered a security breach on Thursday, October 29, 2026 that the company estimates has a total impact of about $6.3 billion — the largest crypto theft on record, according to CoinDesk. Binance…
Fed holds rates at 3.75%–4% in a 10-2 vote as two officials push for a hike; bitcoin trades near $81,000
The Federal Reserve under Kevin Warsh kept rates unchanged on October 28, saying inflation remains elevated. Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented in favour of a hike; markets now price one in December.
Bitcoin slips back toward $81,600 as oil above $111 revives inflation fears
Bitcoin and ether gave back Wednesday's gains on Thursday morning as Brent crude held above $111 a barrel amid attacks on Gulf shipping and energy sites.
Crypto and AI: Coinbase finds a newer model can detect less fraud
A newer AI model does not necessarily detect fraud better. Coinbase published a technical series this week about its agent for reviewing Onramp transactions. Its results raise a practical question for crypto platforms: how to improve detection without…
New York reaches a deal with Mashinsky: a permanent ban and conditional payments of up to USD 35 million
On October 9 New York announced a settlement with Alex Mashinsky that provides for up to 35 million dollars and a permanent ban on participating in the securities, commodities and cryptocurrency sectors. The state measure adds to the federal criminal…
ESMA examines tokenized collateral: liquidity and legal rights remain the decisive test
On October 9 the European Securities and Markets Authority opened a consultation to study how tokenized collateral could be used in central counterparties (clearing houses). Responses will be accepted until January 15, 2027. Virtual editorial byline:…