Topic Archive

#Binance hack

72 Stories Found

Coins•Nov 3, 2026

North Korean Leader’s Sister Denies Involvement in $6.4 Billion Binance Hack

Key Highlights: The FBI attributed a massive $6.4 billion cryptocurrency cyberattack to TraderTraitor, an outfit tied to North Korea’s Lazarus Group, while U.S. President Donald Trump noted investigators are still examining direct links. Binance revealed the breach originated from a compromised DevOps engineer’s laptop, leading to unauthorized withdrawals across ten blockchains, though cold storage private ...

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Coins•Nov 3, 2026

Binance Theft Wallet Transfers $798K in SOL Using Privacy Cash Mixer

Key Highlights: An address linked to the Binance hacker deposited 8,567 SOL (valued at approximately $798,000) into Privacy Cash, with related addresses displaying similar laundering behavior. Blockchain analytics firm Elliptic confirmed that roughly 87,000 SOL—worth an estimated $8 million—drained from the primary exploit wallet by November 3, routing through lending vaults, liquid-staking platforms, and new ...

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Coins•Nov 3, 2026

Binance Releases Official Statement Revealing Details on How Recent Hack Was Carried Out

Key Highlights: Attackers targeted Binance wallet engineers using a compromised device stemming from a malicious Homebrew package, eventually reaching hot wallet systems. Binance CEO Richard Teng confirmed that roughly $2.85 billion in assets has been frozen, with 98 percent of affected tokens covered by internal reserves. The exchange revealed it has successfully thwarted 57 separate ...

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Coins•Nov 3, 2026

Santiment Reveals Key Bitcoin, Ethereum, and XRP Data: Bull or Bear Signal?

Key Highlights: Social sentiment across the cryptocurrency sector has turned sharply negative, driven down by declining asset prices and fallout from the recent Binance hack. Bearish commentary heavily outweighs bullish sentiment for both Bitcoin (0.69 bull/bear ratio) and XRP (0.61 bull/bear ratio), while Ethereum retains a comparatively higher ratio of 1.14 despite losing ground since ...

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Coins•Nov 3, 2026

Arbitrum Council Moves $30M in Binance Hack Funds Without Hacker’s Key

Key Highlights: The Arbitrum Security Council executed transactions to recover compromised ARB and Ether, transferring the assets into a secure holding address ending in 0DA0. Security firm Zealynx revealed that the intervention utilized administrative upgrade authority via type 0x65 transactions featuring blank signature fields. The seized assets remain locked and cannot be distributed without an ...

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Coins•Nov 2, 2026

North Korea Denies Involvement in $6.3B Binance Hack, Blames US

Key Highlights: North Korea has officially denied responsibility for major cryptocurrency breaches, including allegations involving Binance and the $1.5 billion Bybit hack. Kim characterized Washington’s accusations as political provocation and suggested without evidence that the United States could be behind the incident. Independent blockchain intelligence firms, including TRM Labs, Chainalysis, and ZachXBT, have linked the ...

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Coins•Nov 2, 2026

North Korea Issues Official Statement on Binance Hack

Key Highlights The FBI formally attributed the massive cryptocurrency exploit on Binance to North Korean state-sponsored threat actors. Investigators identified the hacker group known as TraderTraitor as the primary perpetrator behind the theft of over $6 billion in digital assets. Federal authorities and blockchain analytics firms revealed the attackers converted stolen funds into Ethereum (ETH) ...

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Coins•Nov 2, 2026

Tom Lee Calls Binance Hack “A Sign of a Bull Market” in Surprising Comment

Key Highlights: Industry analyst Lee pointed out Binance’s financial resilience, fast sector-wide coordination, and the security of core blockchain architecture following an operational system breach. Bitmine expanded its digital asset reserves by acquiring an additional 8,573 ETH over the past week, bringing its total treasury to 6,060,506 ETH. With 5,227,037 ETH committed to network validation, ...

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Coins•Nov 2, 2026

Bitmine’s Crypto Holdings Exceed 6 Million ETH, with Staking Revenue Projected at $358M

Key Highlights: Bitmine holds 5,227,037 staked Ethereum valued at $11.8 billion, generating a projected $358 million in annualized staking revenue, with expectations to reach $415 million at full scale. Chairman Thomas “Tom” Lee confirmed consistent weekly purchases since June 30, 2025, adding 8,573 ETH in the latest weekly transaction alongside a diverse portfolio of Bitcoin, ...

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Coins•Nov 2, 2026

Morgan Stanley Downgrades Coinbase and Slashes Price Target by 53% on Weak Earnings Outlook

Key Highlights Morgan Stanley downgraded Coinbase (COIN) from Equalweight to Underweight, lowering its price target from $258 to $120. Analyst Michael Cyprys cited subdued cryptocurrency trading activity, a weaker long-term revenue outlook, and market uncertainty following the Binance hack. The investment bank significantly reduced its long-term financial forecasts, slashing Coinbase’s 2027 adjusted EBITDA estimate by ...

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Coins•Nov 2, 2026

Bitcoin ETFs Suffer $643 Million Outflows Friday, Leaving 2026 Barely Green

Key Highlights: U.S. spot Bitcoin exchange-traded funds recorded $643 million in net outflows on Friday following a $6.3 billion security breach targeting Binance. Decentralized options exchange Derive linked the massive institutional exit to heightened risk aversion and market pressure following the attack. Market analysts at Bitfire highlight the upcoming U.S. midterm elections, the October nonfarm ...

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Coins•Nov 1, 2026

Binance Hack Sparks $242 Million Fund Movement via Tron Network

Key Highlights Approximately $242 million connected to the recent Binance hack was moved via Tron-related pathways just two days following the security incident. Tether intervened by freezing roughly $378.7 million in USDT, prompting the attacker to launder and obscure funds through protocols like Relay and THORChain. The vast majority of the broader haul—surpassing $3 billion ...

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