Binance Prepares to Resume Withdrawals, Unveils $6.3B Hack Recovery Plan
Key Takeaways Binance targeted a phased withdrawal restart, subject to completed security checks. Matching tokens worth $5 billion cover approximately 80% of losses. Binance said
A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi
Key Takeaways A16z, Uniswap Labs, and the DeFi Education Fund warn that Illinois’ proposed crypto tax rules could effectively ban DeFi by requiring decentralized exchanges
Trezor Warns of Compromised Hardware Wallet Following $93M Ledger Security Scare
Key Takeaways Trezor reported a suspected malicious hardware implant in a Safe 5 wallet purchased from former authorized reseller CryptoBilis, potentially exposing users’ recovery phrases.
Bitcoin Price Rebounds Above $77K, but Binance Hack Keeps Traders on Edge
Key Takeaways Bitcoin fell to $76,320 after Binance disclosed a $6.3 billion hack, triggering widespread panic. Bitcoin’s plunge fueled $1.66 billion in crypto liquidations, with
Coinbase, Bitcoin Giant Strategy Fall as Binance Hack Rocks Crypto Stocks
Key Takeaways Coinbase, Strategy, and other prominent stocks fell Friday as crypto and AI-driven tech selling hit risk assets. Binance said a $6.3 billion breach
Binance Secures $6.34B to Cover Losses From Historic Crypto Hack
Key Takeaways Binance committed $6.34B in corporate funds to fully reimburse users after a historic $6B security breach. Industry partners like Tether and Circle froze
Aave Freezes Lending Across 16 Networks
Key Takeaways Aave froze 292 reserves after attackers drained over 195,000 ETH from Binance wallets. Bitcoin plunged to $76,320 as Binance confirmed freezing $3 billion
Binance Hack Has Logan Paul Calling Crypto ‘a Scam’ Despite Cryptozoo Past
Key Takeaways Logan Paul called crypto “a scam” after Mike Majlak cited the $6 billion Binance hack during a recent podcast appearance. Paul moved again
Binance Hack Pinned on North Korea’s Lazarus Group by TRM Labs and ZachXBT
Key Takeaways TRM Labs and ZackXBT tied the Binance theft to North Korea’s Tradertraitor unit (part of the Lazarus Group) with high confidence. The attacker
London Metal Exchange Tokenizes Reserves to Unlock New Financing
Key Takeaways The London Metal Exchange plans to tokenize its off-warrant metal reserves to secure business financing. The move aims to boost Hong Kong’s digital