Key Highlights: Mercado Bitcoin is set to resume fiat deposits and withdrawals in Brazilian reais through the Pix instant payment network next week. Fiat withdrawals will be strictly limited to bank accounts registered under the customer’s own name, and settled fixed-income funds will be credited. Cryptocurrency deposits and withdrawals remain halted with no scheduled timeline ...
Key Highlights: Blockchain intelligence firm TRM Labs and the FBI have attributed the largest cyber theft in cryptocurrency history to the North Korean state-backed hacking unit TraderTraitor. Binance committed more than $6.34 billion from its internal reserves to fully back user assets as the broader ecosystem worked swiftly to freeze between $2.7 billion and $3 ...
Key Highlights Blockchain analytics firm Bitquery identified $108.8 million in USDC withdrawals originating from accounts across Kraken, Crypto.com, and OKX on November 1–2. Perpetrators dispersed the assets across hundreds of wallets and swapped substantial sums into Ether to prevent centralized freezing. Crypto.com and OKX contained the fallout on their platforms, while on-chain investigator ZachXBT assessed ...
Key Highlights: Attackers drained between $38 million and $49 million from Mercado Bitcoin’s hot wallets and customer deposit addresses across more than 10 blockchains via a signing-based breach. Following the immediate blacklisting of over $11 million by stablecoin issuers Tether and Circle, the perpetrators swapped an estimated $10.55 million to $11.9 million of the stolen ...
Key Highlights: The FBI identified the North Korean cybercrime syndicate TraderTraitor as the culprit behind a massive theft exceeding $6 billion from Binance around Oct. 29. Binance co-founder CZ praised industry partners for tracking and freezing stolen assets, which prevented an even steeper collapse in the price of Bitcoin. U.S. law enforcement agencies—including the FBI, ...
Key Highlights: Federal agencies, led by the FBI, officially linked the massive theft of over $6 billion in virtual assets from Binance to North Korean cyber actors operating under the Tradertraitor banner. Binance has replenished 90% of lost balances by deploying over $6.34 billion from internal reserves, its SAFU emergency fund, and futures insurance reserves, ...
Key Highlights: The FBI officially confirmed that North Korea orchestrated a massive cyberattack targeting Binance, draining over $6 billion in cryptocurrency. Federal investigators identified the state-sponsored cyber threat outfit known as TraderTraitor as the group behind the breach. Law enforcement agencies have issued an urgent warning to the digital asset sector to actively monitor and ...
Key Highlights Binance suffered the largest cyberattack in cryptocurrency history, losing over $6 billion worth of assets. Major centralized stablecoin issuers Tether and Circle intervened directly, freezing approximately $2.4 billion of the stolen funds. Decentralized autonomous organizations (DAOs) and smaller platforms supplemented asset recovery efforts by freezing hundreds of millions of dollars more. Binance Hit ...
Key Highlights: A suspected security incident on the Base network led to the theft of an estimated $6 million in digital assets. Exploiters drained 1,783,067 aBaswstETH across six separate transactions targeting an unidentified vault. The breach highlights ongoing security vulnerabilities surrounding decentralized finance vaults and wrapped liquid staking tokens on Layer-2 ecosystems. Security Breach Drains ...