Reflecting on Security: CZ Calls for Industry Alliance
Binance's CEO CZ emphasizes the dangers of complacency in security following a recent hack. He advocates for an industry alliance to enhance protection measures.
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Binance's CEO CZ emphasizes the dangers of complacency in security following a recent hack. He advocates for an industry alliance to enhance protection measures.
The onchain investigator says the attack ran for several days and the true loss may be larger once over-the-counter trades are counted; the bank has not commented publicly.
Binance’s $6.3 billion hack on October 29 traces back to a fake software installer downloaded in June. A fake job recruitment process in September gave attackers a second foothold inside the exchange.
Onchain investigator ZachXBT named French bank Crédit Mutuel Arkéa as the alleged victim of a crypto theft worth more than $133 million. The funds were taken from multiple centralized exchange accounts as USDC and USDT over several days.
Why is crypto crashing? The market is 38.5% below its $4.28T peak after ETF outflows, a Fed hike, liquidations and the Binance hack. Will crypto recover?
Solana co-founder Anatoly Yakovenko has identified phishing and social engineering as the biggest threats to crypto, warning that hackers pose a greater danger than AI or quantum computers.
Blockchain sleuth ZachXBT says the French bank may have lost more than $133 million from crypto exchange accounts. Crypto.com confirms it has blocked funds linked to the theft.
While a tougher cold storage rule could protect customer assets from hackers, smaller exchanges may struggle to process withdrawals quickly.
ZachXBT named French banking group Crédit Mutuel Arkéa as the alleged victim of a $133M+ crypto theft he says was concealed before disclosure.
The 7,500 BTC that Binance pulled from its emergency user fund to cover its $6.3 billion hack has moved again, this time to an unlabeled, high-volume address.
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps.
Onchain investigator ZachXBT named Crédit Mutuel Arkéa as the alleged victim of a crypto theft above $133 million. He said total losses could be higher because of over-the-counter activity not counted in earlier estimates.
North Korea's Kim Yo Jong rejects U.S. talks under current conditions, citing the FBI's $6 billion Binance hack accusation and demanding a policy change.
Grayscale said Binance’s $6 billion hack could lead to stronger exchange security despite a potential setback for market confidence. The asset manager also highlighted institutional custody through U.S. crypto investment products as a central lesson for investors.
ZachXBT has identified Crédit Mutuel Arkea as the European entity that lost $133M. In the past few days, the on-chain researcher tracked large-scale suspicious outflows from an entity’s wallets, suggesting a large European institution was compromised.
BitMart founder Sheldon Xia confirmed a hack on November 2 and called the loss small. Bitquery traced about $391,000 in outflows from BitMart-linked wallets to an address used in the Mercado Bitcoin attack.
The co-CEO of the largest crypto exchange in the world says billions of dollars in crypto are now safeguarded by authorities and private firms following the $6.34 billion Binance hack.
Ethereum (ETH) has reclaimed $2,300 after falling below its realized price of $2,309 following the $6.3 billion Binance hack. US spot Ethereum ETFs recorded their seventh consecutive trading day of outflows on Tuesday.
Binance says the Oct. 29 hack grew from a months-long campaign that began in June. An engineer installed a tampered software package, and another took a fake coding test. Hackers reached the wallet-signing service and moved funds outside normal withdrawals.
On-chain investigator ZachXBT has named French cooperative bank Crédit Mutuel Arkéa as the alleged victim of a crypto theft. He estimates the losses at more than $133 million. Crédit Mutuel Arkéa had not issued a public statement at the time of writing.
Mercado Bitcoin says about $38 million was lost in a hack on November 2, 2026. The exchange says customers will not lose assets and that it will cover the losses. Hot wallets on at least 10 blockchains were drained.
A hacker has dumped multiple altcoins, including $PEPE, for Ethereum, holding nearly $18.2 million in ETH.
BitMart is the latest centralized exchange to suffer a security breach, adding to a string of crypto thefts that have marred the industry over the past year.
South Korean financial regulators have called for increased cold wallet storage and tighter internal access controls just days after hackers siphoned $6.3 billion in digital assets from Binance.
Cryptocurrency exchange BitMart has confirmed suffering another security breach on November 2, with its preliminary investigation suggesting that the attackers may be responsible for the recent hack of Brazil’s Mercado Bitcoin. In a November 3 statement on X, BitMart founder…
The hacker behind the massive $6.3 billion Binance security breach continues aggressively accumulating Bitcoin (BTC) by converting stolen Solana (SOL) tokens through a complex series of cross-chain transactions.
Binance reconstructed the October 29 attack path, tracing how a supply-chain compromise and social engineering reached its wallet signing service.
The breach underscores the urgent need for enhanced security measures and transparency in the crypto industry to maintain investor trust.
Bitquery traced about $391,000 in outflows mostly from BitMart-linked wallets to an address used in the Mercado Bitcoin attack.
The hack underscores vulnerabilities in crypto exchanges during restructuring, potentially impacting user trust and repayment plans amid security gaps.