Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack
Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase.
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Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase.
While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this number to continue growing.
Eighteen years after Satoshi published the Bitcoin white paper, business owners are still covering the cost of a system built on bailouts, and they can protect part of their surplus by keeping it in bitcoin, argues Onramp CEO Michael Tanguma.
Two strangers befriended Magnus Ahmad outside a London bar. Hours later, thieves had emptied his crypto wallets, accessed his bank accounts and disabled his laptop.
Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out.
Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact.
Easier access and growing familiarity are encouraging investors to stake their tokens, while falling rewards and withdrawal delays test the economics.
The pilot let Uber keep funds invested in money market products while accessing cash for payments, even on weekends.
Several companies offer access to bitcoin mining without the hassle of running equipment, but high costs and the 2028 reward halving make profits uncertain.
The Bitcoin white paper achieved a lot of what Satoshi Nakamoto set out to accomplish, but the cultural impact it had may outweigh Bitcoin itself, writes CoinDesk's Nikhilesh De.
Next Technology Holding cited exchange security and quantum computing risks in authorizing sales or loans against its 5,833 BTC. It says none of the coins are held at Binance.
The Binance hack has revived debates about whether decentralization is the digital asset industry’s greatest security advantage or its biggest point of weakness.
The 18,270 BTC haul is worth about $1.4 billion and comes within 442 coins of SpaceX’s disclosed holdings. Blockchain investigators link the attack to North Korea.