Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
Binance, the cryptocurrency exchange, said it has received reports of a potential security issue and is investigating. The statement was the exchange’s first official response after allegations of a hack surfaced.Binance said in a post on its official X account on October 29 that it was "aware of re…
Binance, the world's largest cryptocurrency exchange, appears to have suffered a major hack.Onchain data flagged by analyst Spreek shows about $3.55 billion in incoming transfers to the unlabeled wallet, with nearly $900 million subsequently moved across other wallets. Conor Grogan, a senior directo…
Some users at global cryptocurrency exchange Binance experienced problems processing withdrawals.On October 29, Binance wrote on its official X account that it was aware some users were having difficulty withdrawing crypto because of a technical error. Its technical team is working to restore normal…
Billions of dollars left wallets labelled as Binance hot wallets on Thursday afternoon, prompting a scramble across crypto markets and raising fresh questions about whether customer deposits on the world’s largest exchange are at risk.Early on-chain reports put the Ethereum-side outflow above $2 bil…
Assets worth $2.77 billion were seen leaving wallets linked to global cryptocurrency exchange Binance, prompting the platform to launch an urgent investigation. Amid suspicions of a hack, Bitcoin fell below $79,000 for the first time in about 40 days and dropped more than 9% intraday. Stablecoin iss…
Changpeng Zhao, the founder of global cryptocurrency exchange Binance, has publicly acknowledged the possibility of a hack. Based on his account, Tether and Circle froze about $1.8 billion. Zhao said user funds are safe and that he expects all customers to be made whole.In a post on X on Oct. 29, Zh…
Binance, the world’s largest cryptocurrency exchange, is facing allegations of a major hack. On-chain analysis detected signs that more than $5 billion in assets may have flowed out, and concern deepened as some users also reported difficulty withdrawing funds. With security incidents repeatedly hit…
The world’s largest crypto exchange, Binance, has confirmed it was hacked, with multiple cryptocurrencies valued at between $2 billion and $5.8 billion drained.According to a forensic analysis of the event by security firm Blockaid, the attacker targeted two Binance hot wallets named “Binance 14” an…
Update, Oct. 30 at 1:19 am UTC: This article has been updated with fresh market data, Binance’s pledge to cover all losses and its revised frozen assets total.Cryptocurrency markets extended their decline early Friday following the Binance hack, with BNB down more than 8% over 24 hours and Bitcoin t…
TL;DR: ACI Worldwide and Circle announced a collaboration on October 27 to demonstrate how USDC settlement can fit into payment systems that banks already operate. The announcement reinforces an important shift in the stablecoin story: issuance alone is insufficient if enterprises cannot access toke…
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 compro…
Cryptocurrency prices fell on Friday after Binance reported a potential security issue and said more than $2.5 billion in assets had been frozen.Bitcoin dropped to a six-week low of $77,646, ether fell to a two-month low of $2,238.76 and BNB (BNB=CCCL), a token originally launched as Binance Coin th…