Key Highlights Bitquery traced 233.5 million $XRP from five Binance accounts involved in the October 29 attack. Elliptic estimated that the tracked balance fell from about 192 million $XRP on November 6 to about 60 million by November 10. THORChain trading halts, refunds, liquidity and streaming swaps make completed conversions different from deposits or pending ...
Key Highlights Blockchain analytics firm Elliptic uncovered an obfuscation method where cybercriminals use disposable liquidity pools on networks like NEAR, Tron, and Solana to mask illicit fund movements. Between November 5 and 7, illicit actors deployed six throwaway tokens on NEAR Protocol for roughly $90 each to wash approximately 117,000 NEAR ($430,000) using isolated buyer ...
Key Highlights: An estimated $6.3 billion in digital assets was stolen during the October attack on Binance, marking what could be the largest cryptocurrency theft in history. Bitcoin fell only around 6% in the 10 hours following the incident, displaying significantly greater resilience than during past industry shocks. Credit rating agency Fitch Ratings noted that ...
Key Highlights: Blockchain forensics firm Elliptic revealed how North Korean threat actors laundered stolen $NEAR tokens by hopping between wallets and decentralized liquidity pools. Investigators identified a connected chain where five of six token creators were funded by proceeds from prior token sales within a rapid two to 13-minute window. Approximately 11.8 million stolen $NEAR, ...
Key Highlights: Binance founder CZ called for greater unity across the cryptocurrency industry amid discussions tracking how major exchange crises and security breaches directly depress native token valuations. Binance is actively recovering from an unprecedented $6.34 billion hack on Oct. 29 targeting its internal wallet signing infrastructure, with $2.85 billion intercepted and 98% of affected ...
Key Highlights: Stablecoin issuers and authorities successfully froze or seized $2.85 billion—roughly 44.3% of the total $6.43 billion stolen from Binance—shortly after the October 29 breach. Blockchain analytics firm Elliptic confirmed that the perpetrators, attributed by the FBI to North Korea’s TraderTraitor group, are patiently routing funds across Tron, Solana, XRP, and THORChain bridges into ...
Key Highlights: Binance experienced a sophisticated multi-chain cyberattack orchestrated by North Korean state-sponsored threat group TraderTraitor, executed primarily in a 20-minute window on October 29, 2026. The breach bypassed private key compromise entirely, leveraging social engineering schemes—such as fake job interviews and tampered developer tools—dating back to at least June 2026. Binance committed around $6.34 ...
Key Highlights: ECX was changing hands near $32 on Wednesday, giving the newly launched asset a market capitalization of roughly $639 million and a placement near the bottom of the top 100 cryptocurrencies. The mainnet debut of Paul Sztorc’s Ecash fork was largely overshadowed by an unprecedented $6.3 billion security breach targeting Binance on the ...
Key Highlights: Arkham has introduced a frozen assets tracking feature supporting three major stablecoins: $USDC, $USDT, and USDT0, with plans to expand token coverage in the future. Using the entity labeled “Binance Hacker” as a live demonstration, the tool reveals that approximately $2.6 billion of the entity’s roughly $5.8 billion in total digital assets is ...
Key Highlights A compromised DevOps engineer’s laptop triggered unauthorized hot wallet withdrawals at Binance, leading to approximately $3 billion in frozen funds. Security firm Blockaid detected unusual outflows in under two minutes and traced the attack mechanism to malicious Ethereum EIP-7702 delegations. Blockaid CEO Ido Ben-Natan identified the incident as a hijacking of signing infrastructure ...
Key Highlights: Binance Co-CEO Richard Teng revealed that a multi-stage, months-long breach led to the hot-wallet exploit, refuting claims of a single point of failure. Attackers leveraged a compromised Homebrew download in June and a fake job recruitment scheme containing hidden malware in September to infiltrate wallet authorization systems. Binance has covered customer losses, replenished ...
Key Highlights Coinbase reinforced its internal controls, confirming that no individual employee possesses standing access to production wallet signing mechanisms and that customer deposits are kept strictly at a 1:1 backing. As of September 30, the platform held $377 billion in custody alongside strong liquidity reserves, including $8.6 billion in cash and cash equivalents. The ...