
Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower
Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.
CoinDesk
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Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.
CoinDesk

Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.
Cointelegraph

The attackers held 18,270 BTC early Friday, topping Coinbase’s reported corporate holdings, and an Ether stash exceeding 500,000 ETH.
Cointelegraph

North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene.
Cointelegraph

Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.
CoinDesk

Trezor urged customers who bought devices from CryptoBilis since March to move their funds after a report of a suspected hardware implant.
Cointelegraph
A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%.
CoinDesk

The hacker dumped FUN and other smaller tokens into markets too small to absorb large selling, leading to price crashes.
CoinDesk

Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
CoinDesk

Michael Saylor says Strategy could create up to $30 billion in digital credit without new common-stock fundraising or further Bitcoin price gains, as the company plans more BTC purchases.
Cointelegraph

TRM Labs says it has high confidence in the attribution, while ZachXBT identified stolen funds from the Binance and Bitget hacks converging at the same address.
Cointelegraph

A set of fixes would tighten who can hold permissioned tokens on the network. The XRP Ledger Foundation says no users were affected.
CoinDesk

CoinDCX has restricted new futures positions after Binance’s security incident disrupted a key liquidity provider. Deposits, withdrawals and customer funds remain unaffected, the exchange said.
CoinDesk

All 18,270 coins sit in 19 wallets, 17 of them holding exactly 1,000 BTC each, and none has moved since Thursday night, a CoinDesk trace of the blockchain shows.
CoinDesk

Bitcoin and ether slid after a suspected $6.3 billion Binance security breach and a Polymarket exploit. Standard Chartered says crypto prices may remain under pressure before finding a base.
CoinDesk

The withdrawals suggest the fallout from the multibillion-dollar breach is spreading beyond Binance.
CoinDesk

Standard Chartered’s Geoffrey Kendrick says the breach could accelerate a shift toward decentralized trading and strengthen his case for Uniswap’s UNI token reaching $100 by 2030.
Cointelegraph

Security researchers suggested that the hermit kingdom's Lazarus Group was behind Thursday's nearly $6 billion hack of the world's largest crypto exchange.
CoinDesk