Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibillion-dollar transfers from Binance-linked wallets fueling uncertainty. Cryptocurrency markets fell sharply Thursday as reports of a potential multibillion-dollar hack involving Binance wallets rattled investors, sending BNB down more than 7% and pushing the broader market lower. The selloff coincided with …
Continue reading “Binance hack rattles crypto markets as BNB falls 7%, Bitcoin slides”
Blockaid’s Ido Ben-Natan suspects attackers manipulated Binance’s transaction-signing infrastructure, drawing parallels with the Bybit hack. The suspected multi-billion-dollar Binance hack may have involved attackers manipulating the exchange’s transaction-signing signature rather than stealing private keys, according to Blockaid co-founder and CEO Ido Ben-Natan. Speaking to Cointelegraph, Ben-Natan said Blockaid’s preliminary assessment pointed to “key misuse,” in …
Continue reading “Binance hack may involve private key ‘misuse,’ not theft: Blockaid CEO”
Singapore police say tampered Ledgers started showing up there on September 10. South Korean lawmakers look set to delay the crypto tax law for a fourth time. Singapore police say at least two cases involving tampered Ledger hardware wallets have been reported since Sept. 10, with combined losses of about 3.5 million Singapore dollars ($2.7 …
Continue reading “Tampered Ledger reported in Singapore a month before news broke: Asia Express”
Binance says attackers may have used a compromised DevOps laptop to access internal infrastructure.
Bitcoin, Ether and the broader crypto market took a dive as Binance suffered a multibillion-dollar hack.
Binance said it is investigating a potential security breach after suspicious wallet transfers, while co-founder CZ reported nearly $1.8 billion in frozen stablecoins. Binance is investigating a potential multibillion-dollar security breach involving one of its Ethereum wallets, after suspicious transfers prompted stablecoin issuers Tether and Circle to reportedly freeze nearly $1.8 billion in assets. A …
Continue reading “Binance investigates potential multibillion-dollar hack”
Federal prosecutors have arraigned a Nigerian national on multiple fraud and identity theft charges after his extradition from Benin, West Africa, in a scheme that targeted the US tax system. Akinade Adedeji Raheem, 43, of Nigeria was ordered detained pending further proceedings in Atlanta following his arraignment on conspiracy to commit wire and mail fraud, …
Hyperliquid’s token pumped following news of ICE and Trade[XYZ] unveiling plans for US perpetual futures. Hyperliquid’s native token HYPE surged about 20% Thursday after New York Stock Exchange owner Intercontinental Exchange (ICE) announced plans for US perpetual futures with Trade[XYZ], whose investors include billionaire Wall Street investor Stanley Druckenmiller. HYPE traded above $96 at the …
Continue reading “HYPE teases all-time high as NYSE owner ICE eyes US Hyperliquid perps”
The tokenized shares would carry the same shareholder rights as traditional stock, with round-the-clock trading and immediate settlement under the SEC’s innovation exemption. Canton Strategic Holdings, a Nasdaq-listed company formerly known as biotechnology firm Tharimmune, announced plans to tokenize its common shares on the Canton Network, with trading expected to begin as soon as Nov. …
Continue reading “Nasdaq-listed Canton Strategic Holdings plans tokenized stock trading from Nov. 2”
The exchange cited legal and regulatory compliance in its reason for cutting off services to users based in the two countries, currently the targets of international sanctions. Cryptocurrency exchange KuCoin announced that it would immediately suspend services for its users in Russia and Belarus, citing legal and regulatory compliance concerns. In a Thursday notice, KuCoin …
Continue reading “KuCoin suspends services in Russia and Belarus”
The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts. Prediction market platform Kalshi has closed a $1 billion funding round at a $40 billion valuation, Reuters reported Thursday, as the company expands beyond sports betting into financial markets. The …
Continue reading “Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B”
A Florida resident has lost $159,500 after a scammer posing as a bank fraud investigator talked them into wiring money and handing over cash in parking lots. The Jacksonville Sheriff’s Office says the scam started on October 7th, when someone claiming to be from the victim’s bank fraud department called and said a bank employee …
BTC price action returned to a key weekly resistance level as US stock markets digested Alphabet’s Q3 earnings miss. Bitcoin (BTC) rebounded above $81,000 after Thursday’s Wall Street open as US GDP numbers stayed strong and inflation data conformed to estimates. Key points: Data from TradingView showed BTC/USD reaching $81,547 on Bitstamp after dropping as …
Continue reading “Bitcoin price jumps to $81.5K as US GDP data beats expectations”
The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative process. The French Senate adopted a bill to allow tax authorities to automatically exchange crypto transaction data with their foreign counterparts. The bill passed its first reading on Tuesday and was then …
Continue reading “French Senate adopts bill for automatic sharing of crypto tax data”
Central counterparties would need to show tokenized collateral meets liquidity and risk tests under proposed Bank of England guidance. The Bank of England has opened a consultation on how a central counterparty (CCP) can accept digital versions of eligible collateral, saying existing rules allow it when assets meet clearing standards. The draft supervisory statement would …
Continue reading “Bank of England opens consultation on tokenized collateral for clearing”
