Topic Archive

#crypto security breach

13 Stories Found

Coins•Nov 3, 2026

Mercado Bitcoin Assures Users Funds Are Safe Following $38M Breach

Key Highlights: Blockchain security firm Hypernative revealed that over $40 million drained from Mercado Bitcoin across at least 10 blockchains in seemingly authorized transfers. On-chain investigator ZachXBT uncovered an ongoing, separate theft targeting an unnamed European Union entity, pushing total estimated losses past $133 million. The European exploitation involved complex cross-chain laundering and Monero conversions, ...

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Coins•Nov 2, 2026

Mercado Bitcoin Hacked for $49M as Quick Response Freezes $10M

Key Highlights: Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, was hit by an early morning security breach on November 2 that siphoned roughly $49 million. Exploiters targeted assets spanning 17 different blockchains in an effort to launder and scatter the capital. Blockchain intelligence firm Chainalysis collaborated with law enforcement and industry partners to successfully ...

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Coins•Nov 2, 2026

Crypto Week Ahead: Binance Hack Fallout, US Midterms, and Jobs Report in Focus

Key Highlights: Binance reopened user withdrawals following a major $6.3 billion security breach, processing $3.64 billion in net outflows on day one while replacing roughly 95% of stolen assets from corporate reserves. Bitcoin demonstrated resilience against market contagion, remaining near $78,000 as institutional demand helped insulate broader digital asset prices. Global financial markets face a ...

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Coins•Oct 31, 2026

Michael Saylor Sees Stronger Crypto Security After Binance’s $6.3 Billion Hack

Key Highlights: Binance allocated over $6.34 billion in corporate funds to cover asset shortfalls following a major security breach, alongside freezing roughly $3 billion in stolen tokens with external partners. Co-CEO Richard Teng confirmed an exhaustive security overhaul covering network endpoints, cloud setups, and transaction-signing systems after attackers bypassed normal transfer approvals. Separately, Michael Saylor ...

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Coins•Oct 30, 2026

Binance Hackers Left Unable to Sell Stolen Altcoin Remaining in Their Possession

Key Highlights: The Allora team confirmed that none of the $ALLO tokens taken during the Binance security incident were sold or transferred out of the attacker’s wallets. An emergency protection mechanism embedded within the $ALLO smart contract was triggered immediately, neutralizing the attacker’s ability to move or liquidate the assets. Efforts to return all affected ...

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Coins•Oct 29, 2026

BNB Drops 8% and Bitcoin Falls Below $77,000 Amid Binance Hack Reports

Key Highlights: Unverified reports flagged roughly $3.3 billion in suspected transfers connected to Binance wallets, sparking immediate market turbulence. BNB absorbed the heaviest losses, plunging between 7% and 8%, while Bitcoin slipped below the $77,000 threshold amid widespread risk-off sentiment. Binance has not formally verified the figures or confirmed the precise scope and nature of ...

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Coins•Oct 29, 2026

Inside the $5.8B Binance Hack: What Is Confirmed and What Isn’t

Key Highlights Onchain estimates indicate that between $5.3 billion and $5.8 billion in outflows occurred across Ethereum, Bitcoin, and Tron, potentially making it the largest security incident in crypto history. Security analysts point to an EIP-7702 delegation transaction on Ethereum as a primary point of exploitation, while major stablecoin issuers including Tether and Circle moved ...

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Coins•Oct 29, 2026

Binance Hack: Reported Freeze and Loss Totals Vary Across Sources

Key Highlights A confirmed security incident targeting Binance has triggered swift intervention from major stablecoin issuers. Both Tether and Circle have moved to freeze illicit assets associated with the exploit across their respective networks. The exact monetary value of the frozen tokens and the overall scale of the breach remain unverified pending official, matching disclosures ...

3 min readRead

Coins•Oct 29, 2026

Polymarket Restores Trading and Pledges Refunds After Estimated $2.7M Breach

Key Highlights: Polymarket has restored trading on its international platform following a security breach traced to an external third-party service provider. Blockchain analytics platform Bubblemaps estimated that roughly $2.71 million was drained across 712 deposit wallets and redirected toward attacker-controlled addresses. Polymarket pledged full reimbursement for affected traders, though a formal timeline and claims procedure ...

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Coins•Oct 29, 2026

CZ Issues Statement on Binance Hack, Confirms Security Breach

Key Highlights: Binance founder Changpeng “CZ” Zhao confirmed that a security breach took place targeting the cryptocurrency exchange. CZ assured customers that user funds remain completely safe following the security incident. Major stablecoin issuers stepped in to assist, with CZ acknowledging and appreciating asset freezes of $971 million by Tether and $823 million by Circle. ...

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Coins•Oct 29, 2026

Polymarket Suspends Trading Following Third-Party Breach and User Losses

Key Highlights: Prediction market platform Polymarket temporarily suspended trading following a security compromise involving an external third-party provider. The breach affected account balances on Polymarket’s international venue, with several users reporting unauthorized asset withdrawals on X. Polymarket announced that the underlying vulnerability has been resolved, affected users will be made whole, and the incident has ...

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Coins•Oct 22, 2026

WAX Blockchain Loses $90.5K Following Technical Oversight

Key Highlights The Worldwide Asset eXchange (WAX) sustained an estimated loss of $90,500 following an exploit targeting a smart contract function. Attackers successfully bypassed intended fee validation mechanisms within the eth.token::withdraw function to drain unauthorized funds. The incident underscores persistent technical risks surrounding cross-chain bridge mechanisms and contract-level withdrawal logic in decentralized ecosystems. Technical Vulnerability ...

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