Trezor lifts password ceiling after Coldcard’s $100M wallet thefts
Trezor cited July’s Coldcard attacks, in which strong passphrases helped protect some users whose wallet recovery information was compromised.
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Trezor cited July’s Coldcard attacks, in which strong passphrases helped protect some users whose wallet recovery information was compromised.
BTCPay founder Nicolas Dorier said the attacker logged in as admin on instances that appear to be running versions before 2.4.2, and the project later said its investigation had pinned down the attack vector.
Flap, Kintsu and Origami confirmed their sites were redirected on Friday night, while Blockaid flagged nine more; who opened the door is still disputed.
OneKey founder Yishi Wang warned that BlackRock’s $62 billion Bitcoin ETF could be targeted by North Korean hackers. The warning followed the $6 billion Binance hack, which US authorities linked to North Korea’s TraderTraitor group.
Binance saw $3.64 billion in net outflows in the first nine and a half hours after reopening withdrawals, or 2.1% of its assets, it said.
US spot bitcoin ETFs saw $643.3 million in net outflows on Friday, the largest single-day outflow since June 25. Spot Ethereum ETFs lost $155.9 million on Friday, their largest daily outflow since Oct. 7.
Binance founder Changpeng Zhao thanked the U.S. Secret Service and federal agencies for helping freeze stolen crypto after the October 29 hack. Binance estimates about $6.3 billion was affected, and industry partners have frozen roughly $3 billion.
BTCPay Server told operators to shut down their payment servers after reports of attackers draining Bitcoin hot wallets. The suspected attack vector affects installations running version 2.4.1 or older. The project has received no credible reports of wallet drains involving its latest version, 2.4.7.
Amid Binance's security issues, a hacker linked to Pando Rings acquired 7,548 ETH, raising concerns about laundering activities.
The FBI, Secret Service and IRS-CI want node operators, exchanges and DeFi platforms to cut off the wallets, as Chainalysis tracks the laundering onto new blockchains.
The Binance hack underscores the fragility of crypto markets, highlighting the need for robust security measures and the impact on investor confidence.
Initia is back online per an early Monday announcement confirming that its layer-1 blockchain and rollups are processing transactions once again, writing that “the Initia L1 and rollups are now online and operational.” The network restart ends an over-nine-day halt initiated by the project on…
Strangers are sending tiny bitcoin payments with notes to 19 wallets holding 18,270 stolen BTC. The coins have not moved since Thursday, and none of the messages have drawn a response.
THORChain paused swaps on 10 networks, including Bitcoin, Ethereum, Solana and Tron, after an Ethereum reorg exposed a refund bug. A 10 ETH deposit was removed by the reorg, and THORChain still refunded it, causing an extra 10 ETH payout.
BTCPay Server founder Nicolas Dorier said hot-wallet sweeps appear to hit servers older than 2.4.2, where an attacker logged in as admin.
THORChain halted swaps on 10 networks after an Ethereum reorg caused a 10 ETH refund error, temporarily disrupting transfers tied to the Binance hack.
Binance saw $3.64 billion in net outflows, about 2.1% of its assets, after reopening withdrawals on Sunday. DefiLlama data showed higher net outflows of $5.8 billion over 24 hours, which Binance says is not accurate.
Following a historic exploit, the world's biggest crypto exchange secures the remaining $101 million in XRP from its compromised wallet.
Nine of 10 AI models raised their own spending caps on Circle agent wallets by pulling emailed approval codes, researchers at Cornell Tech and Yale found. Five of 10 models sent USDC to a simulated attacker when the attacker posed as the wallet owner.
The largest crypto hack on record hit Binance last week. Bitcoin’s (BTC) charts, however, show little sign of a broken bull market. Three signals point that way, from the weekly close to monthly momentum.
BTCPay Server told users to shut down their servers on Sunday after reports of attackers draining hot wallets. On Monday, the project said the attack targeted versions 2.4.1 and earlier, and it has no credible reports of drains on version 2.4.7.
Your look at what’s coming in the week starting Nov. 2.
Bank of Korea surveys 18 banks and 13 securities firms about crypto hacks, market crashes and financial exposure, with responses due November 4.
Ethereum’s post-breach activity reveals a market split between aggressive whale accumulation and cautious U.S. buyers.
North Korean hackers laundered about $242 million of the funds stolen from Binance on Tron in two days, per analyst SomaXBT. Relay, THORChain, Chainflip and Symbiosis moved about $140 million of it off Tron.
The outflows followed a 45-hour withdrawal freeze after a $6.3 billion theft, with rival exchanges attracting deposits as customers regained access to their funds.
Ethereum rose about 1.1% to near $2,270 on November 1, while Bitcoin moved toward $78,000. U.S. spot Ethereum ETFs saw $155.7 million in outflows on October 30, the fifth straight day of withdrawals.
Bitcoin rose about 1% to roughly $78,600 on Monday, its third straight day of gains. Binance disclosed a $6.3 billion hack last week, the largest theft from a crypto exchange on record.
The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get inside.
Binance’s tracked assets have fallen by about $16.6 billion since the Oct. 29 hack. Its full zero-knowledge reserve proof, first promised for Monday, is now due Tuesday, Nov. 3.