Binance says it has set aside $6.34 billion to cover losses from the breach and the FBI and Secret Service are now working with the exchange as investigators trace the stolen funds.
Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance’s normal approval controls.
After Musk appeared to mock Binance’s $6.3 billion hack, CZ reminded him that the exchange’s $500 million bet on his Twitter takeover is now worth over $1 billion in SpaceX shares.
EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions. Here’s how it works.
Israel’s Supreme Court ruled that exploiting a coding flaw can count as computer intrusion, even when the software allowed the transaction.
Just as Hyperliquid opened the door to a fully regulated perps offering inside the U.S., Binance suffered the biggest hack in crypto history.
Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.
The hardware wallet manufacturer has yet to examine the device, but is treating the report as credible and told buyers to move their funds.
CEO Richard Teng said the attack was “not a single ‘one-click’ action,” as Binance confirmed about $3 billion has been frozen.
Etherscan records show wallets tied to the suspected Binance hack swapping freezable stablecoins for Ethereum on decentralized exchanges.
An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, as Tether and Circle froze $1.8 billion.
Coinbase reported third-quarter net income of $719 million, driven largely by gains on its crypto holdings, as revenue held flat at $1.22 billion.
Chrome’s new autofill uses Google’s Gemini AI to search your Gmail for order numbers, tracking details, and flight bookings and fill them into web forms. It is rolling out in the U.S.
Polymarket restricted trading and paused relayer actions as users report funds leaving their accounts. A suspected attacker wallet holds about $2.65 million in POL, per Arkham data.
A hacktivist group says it took names, titles, and phone numbers of 41,000-plus DHS staff from a login system.
Only 13% of Americans say a candidate’s support for crypto growth is very important, according to a survey conducted by Ipsos for the DeFi Education Fund, even as the industry spends heavily on next week’s elections.
A third of Deribit’s Bitcoin options settle Friday, a day after the Fed held rates with two officials voting to hike. Here’s why that matters for Bitcoin’s price.
Bitcoin is trading close to the average price paid by U.S. spot ETF holders, a day after the Federal Reserve held rates steady.
Intercontinental Exchange signed a deal with Trade[XYZ] to launch regulated perpetual futures built on Hyperliquid in the United States, sending HYPE soaring.
Walmart, Eli Lilly, Cigna, Carniva,l and Arcos Dorados objected to trading of their shares on the planned OKX-ICE tokenized stock venue, bringing the total to 38.
The expansion gives Solana businesses one integration to connect bank funding, embedded wallets, cross-chain transfers and global payouts, with cross-border firm Kira among the first adopters.
The FCA says the Justin Sun-linked exchange will no longer target UK consumers, ending its first case against a crypto firm over marketing.
Now the BTC ETFs have flipped green for the month after $400M+ inflows this week, setting the stage for a big November.
Two Russian nationals converted more than $5 million in crypto for North Korean networks, according to OFAC, which listed their wallets.
The state says an undercover agent placed a dozen sports wagers on Kalshi, a day after the CFTC sued Utah to block its enforcement actions.
Datavault AI says it has been unable to withdraw its Bitcoin from Biconomy since June and will restate four financial reports tied to a $150 million Scilex deal.
SK Hynix’s quarterly revenue topped 100 trillion won for the first time, and the chipmaker says memory demand will outrun supply through 2030, with DRAM and HBM sold out through 2029.
The cloud and AI security firm Upwind says revenue quadrupled in 2026 as it targets risks from autonomous AI agents.
A survey conducted by Ipsos for the DeFi Education Fund found that 22% of Americans have ever owned or used crypto, up from 18%, while past-year use held flat at 13%.
OpenAI, one of Nvidia’s biggest customers, reportedly plans to buy Google’s TPU chips. Neither company has confirmed the report, and the price and size of the order were not disclosed.