[Coinbase CEO Armstrong plans up to $1.3B stock sale]
Coinbase CEO Brian Armstrong plans to sell company stock worth up to $1.31 billion, The Defiant reported.
https://coinness.com/en/news/1173582
Coinbase CEO Brian Armstrong plans to sell company stock worth up to $1.31 billion, The Defiant reported.
https://coinness.com/en/news/1173582
CoinNess
Coinbase CEO Armstrong plans up to $1.3B stock sale - CoinNess
Coinbase CEO Brian Armstrong plans to sell company stock worth up to $1.31 billion, The Defiant reported.
[$628 million worth of futures liquidated in the past hour]
Major exchanges have seen $628 million worth of futures liquidated in the past hour. In the past 24 hours, $951 million worth of futures have been liquidated.
https://coinness.com/en/news/1173583
Major exchanges have seen $628 million worth of futures liquidated in the past hour. In the past 24 hours, $951 million worth of futures have been liquidated.
https://coinness.com/en/news/1173583
CoinNess
$628 million worth of futures liquidated in the past hour - CoinNess
Major exchanges have seen $628 million worth of futures liquidated in the past hour. In the past 24 hours, $951 million worth of futures have been liquidated.
[Ethena says it is aware of a potential Binance-related security incident]
Ethena said on its official X account that it is aware of a potential security incident related to Binance. The company added that all collateral assets with exchange exposure are not held directly on the exchange and are instead safely stored with off-exchange third-party custodians, "Off-Exchange Custodians." Ethena said it will provide further updates through the account as more specific details about the issue become clear.
https://coinness.com/en/news/1173584
Ethena said on its official X account that it is aware of a potential security incident related to Binance. The company added that all collateral assets with exchange exposure are not held directly on the exchange and are instead safely stored with off-exchange third-party custodians, "Off-Exchange Custodians." Ethena said it will provide further updates through the account as more specific details about the issue become clear.
https://coinness.com/en/news/1173584
CoinNess
Ethena says it is aware of a potential Binance-related security incident - CoinNess
Ethena said on its official X account that it is aware of a potential security incident related to Binance. The company added that all collateral assets with ex...
[U.S. senators ask Kalshi, Polymarket about safeguards on election betting]
U.S. Senators Elizabeth Warren, a Democrat, and John Curtis, a Republican, asked Kalshi and Polymarket to explain how they are preventing insider trading and market manipulation in election-related betting ahead of next week’s midterm elections, The Block reported. According to the report, the two senators remain skeptical about whether the companies can effectively oversee such election-related contracts through adequate surveillance and meaningful accountability systems.
https://coinness.com/en/news/1173585
U.S. Senators Elizabeth Warren, a Democrat, and John Curtis, a Republican, asked Kalshi and Polymarket to explain how they are preventing insider trading and market manipulation in election-related betting ahead of next week’s midterm elections, The Block reported. According to the report, the two senators remain skeptical about whether the companies can effectively oversee such election-related contracts through adequate surveillance and meaningful accountability systems.
https://coinness.com/en/news/1173585
CoinNess
U.S. senators ask Kalshi, Polymarket about safeguards on election betting - CoinNess
U.S. Senators Elizabeth Warren, a Democrat, and John Curtis, a Republican, asked Kalshi and Polymarket to explain how they are preventing insider trading and ma...
[Analyst warns possible Binance hot wallet hack via EIP-7702 wallet sweeping]
Odysseas (@odysseas_eth), founder of Phylax System, said on social media the possible Binance hack may involve abuse of EIP-7702 that can turn a wallet itself into a sweeper, calling the situation serious. Odysseas said 63 tokens, including 167,464 ETH and 1.615 billion USDT, were moved from one Binance-labeled wallet just three minutes and 24 seconds after a signed delegation was installed.
Odysseas explained EIP-7702 allows a standard externally owned account, or EOA, to execute delegated code, and this delegated state remains in place permanently. He said the code can later authorize asset transfers without any additional signature from the wallet owner. According to Odysseas, the delegated contract had an operator address hardcoded into it that was funded by Tornado Cash, and read-only tests showed execution by unrelated callers was rejected. He added the attack path may have been enabled by a compromised private key or a malicious authorization signature signed by the wallet owner, while the route through which those signatures were obtained remains unclear.
https://coinness.com/en/news/1173586
Odysseas (@odysseas_eth), founder of Phylax System, said on social media the possible Binance hack may involve abuse of EIP-7702 that can turn a wallet itself into a sweeper, calling the situation serious. Odysseas said 63 tokens, including 167,464 ETH and 1.615 billion USDT, were moved from one Binance-labeled wallet just three minutes and 24 seconds after a signed delegation was installed.
Odysseas explained EIP-7702 allows a standard externally owned account, or EOA, to execute delegated code, and this delegated state remains in place permanently. He said the code can later authorize asset transfers without any additional signature from the wallet owner. According to Odysseas, the delegated contract had an operator address hardcoded into it that was funded by Tornado Cash, and read-only tests showed execution by unrelated callers was rejected. He added the attack path may have been enabled by a compromised private key or a malicious authorization signature signed by the wallet owner, while the route through which those signatures were obtained remains unclear.
https://coinness.com/en/news/1173586
[Tether freezes $971M in USDT tied to suspected Binance hack funds]
Tether, the issuer of the dollar-pegged stablecoin USDT, has frozen 971 million USDT believed to be linked to funds stolen in a Binance hack, according to Tree News. Binance has not yet issued an official statement on the hacking incident.
https://coinness.com/en/news/1173587
Tether, the issuer of the dollar-pegged stablecoin USDT, has frozen 971 million USDT believed to be linked to funds stolen in a Binance hack, according to Tree News. Binance has not yet issued an official statement on the hacking incident.
https://coinness.com/en/news/1173587
CoinNess
Tether freezes $971M in USDT tied to suspected Binance hack funds - CoinNess
Tether, the issuer of the dollar-pegged stablecoin USDT, has frozen 971 million USDT believed to be linked to funds stolen in a Binance hack, according to Tree ...
[Circle freezes $823M in USDC tied to suspected Binance hack funds]
Circle has frozen $823 million in USDC believed to be linked to funds stolen in the Binance hack, according to Watcher.Guru. Tether had earlier frozen $971 million in USDT tied to funds linked to the Binance hack. Binance has not yet issued an official statement on the hack.
https://coinness.com/en/news/1173588
Circle has frozen $823 million in USDC believed to be linked to funds stolen in the Binance hack, according to Watcher.Guru. Tether had earlier frozen $971 million in USDT tied to funds linked to the Binance hack. Binance has not yet issued an official statement on the hack.
https://coinness.com/en/news/1173588
CoinNess
Circle freezes $823M in USDC tied to suspected Binance hack funds - CoinNess
Circle has frozen $823 million in USDC believed to be linked to funds stolen in the Binance hack, according to Watcher.Guru. Tether had earlier frozen $971 mill...
[Binance founder says hack appears to have occurred, user funds are safe]
Binance founder Changpeng Zhao said on X a short time ago that a hack appears to have occurred at Binance. Zhao also thanked Tether for quickly freezing 971 million USDT and Circle for freezing 823 million USDC, and said user funds are safe.
Zhao added that although Zhao no longer manages Binance, Zhao expects all user funds to be fully reimbursed as a shareholder. Yi He, another Binance co-founder and CEO who is also known as Zhao’s partner, said Binance is aware of reports related to a security issue and has launched an active investigation. At this stage, no impact on user funds has been confirmed, Yi said, adding that all relevant information is being urgently reviewed and updates will be provided once verified information is secured. Yi also warned users to watch for additional scams and not to trust unofficial links or requests for account information. CoinNess previously reported signs that about $2.77 billion was stolen from a Binance hot wallet.
https://coinness.com/en/news/1173589
Binance founder Changpeng Zhao said on X a short time ago that a hack appears to have occurred at Binance. Zhao also thanked Tether for quickly freezing 971 million USDT and Circle for freezing 823 million USDC, and said user funds are safe.
Zhao added that although Zhao no longer manages Binance, Zhao expects all user funds to be fully reimbursed as a shareholder. Yi He, another Binance co-founder and CEO who is also known as Zhao’s partner, said Binance is aware of reports related to a security issue and has launched an active investigation. At this stage, no impact on user funds has been confirmed, Yi said, adding that all relevant information is being urgently reviewed and updates will be provided once verified information is secured. Yi also warned users to watch for additional scams and not to trust unofficial links or requests for account information. CoinNess previously reported signs that about $2.77 billion was stolen from a Binance hot wallet.
https://coinness.com/en/news/1173589
CoinNess
Binance founder says exchange appears hacked, user funds remain safe - CoinNess
Binance founder Changpeng Zhao said on X that Binance appears to have suffered a hack. Zhao also expressed thanks for the swift freezing of 971 million USDT by ...
[Analyst links Binance hot wallet breach to suspected North Korean actors]
Yuga Labs blockchain vice president Quit said on X the Binance hot wallet breach was likely carried out by North Korean actors.
Quit reproduced the phrase "Relayer" and said the key unresolved question was why a relayer had been needed. If the attacker had stolen the private key to a Binance wallet, the assets could have been sent directly through an atomic bundle without going through a relayer, Quit said. Quit added it was therefore reasonable to conclude the attacker did not directly possess the private key and instead had obtained only EIP-7702 authorization signatures, possibly through phishing or similar means. Based on that, Quit said it was reasonable to suspect North Korean actors, including the DPRK and Lazarus. A relayer is an intermediary that gathers transactions on behalf of the signer and submits them to an onchain network while paying the gas fee, or network cost, itself.
https://coinness.com/en/news/1173590
Yuga Labs blockchain vice president Quit said on X the Binance hot wallet breach was likely carried out by North Korean actors.
Quit reproduced the phrase "Relayer" and said the key unresolved question was why a relayer had been needed. If the attacker had stolen the private key to a Binance wallet, the assets could have been sent directly through an atomic bundle without going through a relayer, Quit said. Quit added it was therefore reasonable to conclude the attacker did not directly possess the private key and instead had obtained only EIP-7702 authorization signatures, possibly through phishing or similar means. Based on that, Quit said it was reasonable to suspect North Korean actors, including the DPRK and Lazarus. A relayer is an intermediary that gathers transactions on behalf of the signer and submits them to an onchain network while paying the gas fee, or network cost, itself.
https://coinness.com/en/news/1173590
CoinNess
Analyst links Binance hot wallet breach to suspected North Korean actors - CoinNess
Yuga Labs blockchain vice president Quit said on X the Binance hot wallet breach was likely carried out by North Korean actors. Quit reproduced the phrase "Rel...
[Binance says it is investigating reported hack, sees no impact on user funds]
Binance said via its official X account that it is aware of reports of a security issue and has launched an active investigation, adding that it has not identified any impact on user funds at this stage.
The exchange also said it is urgently reviewing all relevant information and will provide updates once details are verified. Binance urged users to watch for additional scams and not trust unofficial links or requests for account information.
https://coinness.com/en/news/1173591
Binance said via its official X account that it is aware of reports of a security issue and has launched an active investigation, adding that it has not identified any impact on user funds at this stage.
The exchange also said it is urgently reviewing all relevant information and will provide updates once details are verified. Binance urged users to watch for additional scams and not trust unofficial links or requests for account information.
https://coinness.com/en/news/1173591
CoinNess
Binance says it is investigating reported hack, sees no impact on user funds - CoinNess
Binance said via its official X account that it is aware of reports of a security issue and has launched an active investigation, adding that it has not identif...
[Plume says all vaults unaffected by Binance hot wallet hack]
RWA-focused Ethereum layer-2 network Plume said all Plume vaults were unaffected by the Binance hot wallet hack and that funds remain safe. Plume said vault receipt tokens are non-custodial and are not held on Binance or any other centralized exchange. It added that the funds-safety assurance applies to all Plume vaults, including nOPAL, nFXCF and FACTOR, regardless of whether investments were made through Plume or other integrated front ends.
https://coinness.com/en/news/1173592
RWA-focused Ethereum layer-2 network Plume said all Plume vaults were unaffected by the Binance hot wallet hack and that funds remain safe. Plume said vault receipt tokens are non-custodial and are not held on Binance or any other centralized exchange. It added that the funds-safety assurance applies to all Plume vaults, including nOPAL, nFXCF and FACTOR, regardless of whether investments were made through Plume or other integrated front ends.
https://coinness.com/en/news/1173592
CoinNess
Plume says all vaults unaffected by Binance hot wallet hack - CoinNess
RWA-focused Ethereum layer-2 network Plume said all Plume vaults were unaffected by the Binance hot wallet hack and that funds remain safe. Plume said vault rec...
[Tether freezes over $1.57B USDT tied to Binance hack]
Tether CEO Paolo Ardoino said on X that Tether has frozen more than 1.567 billion USDT linked to the Binance exchange hack. The amount is larger than the 971 million USDT previously confirmed as frozen.
Binance has acknowledged the hack and said user funds are safe. Multiple communities estimate North Korea was behind the attack and that a total of $2.77 billion was stolen.
https://coinness.com/en/news/1173593
Tether CEO Paolo Ardoino said on X that Tether has frozen more than 1.567 billion USDT linked to the Binance exchange hack. The amount is larger than the 971 million USDT previously confirmed as frozen.
Binance has acknowledged the hack and said user funds are safe. Multiple communities estimate North Korea was behind the attack and that a total of $2.77 billion was stolen.
https://coinness.com/en/news/1173593
CoinNess
Tether freezes over $1.57B USDT tied to Binance hack - CoinNess
Tether CEO Paolo Ardoino said on X that Tether has frozen more than 1.567 billion USDT linked to the Binance exchange hack. The amount is larger than the 971 mi...
[Binance hacker linked to 50 wallets holding $5.61B in crypto]
A hacker believed to have stolen billions of dollars in cryptocurrency in an overnight attack on Binance is holding about $5.61 billion in crypto across 50 wallets, according to on-chain analytics platform Arkham.
USDT accounts for the largest share of the holdings at about $1.57 billion, followed by BTC at about $1.45 billion, ETH at about $879 million, USDC at about $823 million, TRX at about $232 million, and RLUSD at about $88.54 million. The wallets also hold WBETH, AETHUSDT, XAUT, UNI, ENA, PEPE, USD1, AAVE, AVAX, ARB, ONDO, WLD, and ZAMA.
Tether previously said it had frozen more than 1.567 billion USDT tied to funds involved in the Binance hack.
https://coinness.com/en/news/1173594
A hacker believed to have stolen billions of dollars in cryptocurrency in an overnight attack on Binance is holding about $5.61 billion in crypto across 50 wallets, according to on-chain analytics platform Arkham.
USDT accounts for the largest share of the holdings at about $1.57 billion, followed by BTC at about $1.45 billion, ETH at about $879 million, USDC at about $823 million, TRX at about $232 million, and RLUSD at about $88.54 million. The wallets also hold WBETH, AETHUSDT, XAUT, UNI, ENA, PEPE, USD1, AAVE, AVAX, ARB, ONDO, WLD, and ZAMA.
Tether previously said it had frozen more than 1.567 billion USDT tied to funds involved in the Binance hack.
https://coinness.com/en/news/1173594
CoinNess
Binance hacker linked to 50 wallets holding $5.61B in crypto - CoinNess
A hacker believed to have stolen billions of dollars in cryptocurrency in an overnight attack on Binance is holding about $5.61 billion in crypto across 50 wall...
[RE suspends redemptions amid market volatility and uncertainty]
Tokenized reinsurance protocol RE said it has temporarily suspended redemptions as a precautionary measure amid market volatility and uncertainty. RE added it has no exposure to Binance.
https://coinness.com/en/news/1173595
Tokenized reinsurance protocol RE said it has temporarily suspended redemptions as a precautionary measure amid market volatility and uncertainty. RE added it has no exposure to Binance.
https://coinness.com/en/news/1173595
CoinNess
RE suspends redemptions amid market volatility and uncertainty - CoinNess
Tokenized reinsurance protocol RE said it has temporarily suspended redemptions as a precautionary measure amid market volatility and uncertainty. RE added it h...
[At least $2.39B in USDT, USDC tied to Binance hack frozen]
At least $2.39 billion worth of USDT and USDC stolen in the Binance hack has been frozen, according to a CoinNess market monitor. Tether has frozen at least 1.567 billion USDT, while Circle has frozen at least 823 million USDC. Separately, some market participants have raised concerns that a total of $5.61 billion is being held across 50 addresses believed to be owned by the hacker, suggesting losses from the hack could exceed $5 billion.
https://coinness.com/en/news/1173596
At least $2.39 billion worth of USDT and USDC stolen in the Binance hack has been frozen, according to a CoinNess market monitor. Tether has frozen at least 1.567 billion USDT, while Circle has frozen at least 823 million USDC. Separately, some market participants have raised concerns that a total of $5.61 billion is being held across 50 addresses believed to be owned by the hacker, suggesting losses from the hack could exceed $5 billion.
https://coinness.com/en/news/1173596
CoinNess
At least $2.39B in USDT, USDC tied to Binance hack frozen - CoinNess
At least $2.39 billion worth of USDT and USDC stolen in the Binance hack has been frozen, according to a CoinNess market monitor. Tether has frozen at least 1.5...
[Binance.US says unaffected by Binance security breach]
Binance.US said on its official X account that it was not affected by the recent security incident at Binance.com. The U.S. crypto exchange added that Binance.US is a separate, independent platform and that customer funds and services continue to operate normally without any hacking incident.
https://coinness.com/en/news/1173597
Binance.US said on its official X account that it was not affected by the recent security incident at Binance.com. The U.S. crypto exchange added that Binance.US is a separate, independent platform and that customer funds and services continue to operate normally without any hacking incident.
https://coinness.com/en/news/1173597
CoinNess
Binance.US says unaffected by Binance security breach - CoinNess
Binance.US said on its official X account that it was not affected by the recent security incident at Binance.com. The U.S. crypto exchange added that Binance.U...
[Binance hacker starts selling UNI holdings in $652K swap]
A wallet linked to the Binance hacker appears to have started selling UNI, according to crypto-focused Telegram channel Insaengcoin. The address, which begins with 0x42CD, received 7,018,792.33 UNI from a Binance hacker wallet and swapped 100,000 UNI, worth about $652,000.
Separately, a total of $5.61 billion in crypto is reportedly being held across 50 addresses believed to be owned by the Binance hacker. That has fueled concerns in some quarters that losses from the Binance hack could reach as much as $5.8 billion.
https://coinness.com/en/news/1173598
A wallet linked to the Binance hacker appears to have started selling UNI, according to crypto-focused Telegram channel Insaengcoin. The address, which begins with 0x42CD, received 7,018,792.33 UNI from a Binance hacker wallet and swapped 100,000 UNI, worth about $652,000.
Separately, a total of $5.61 billion in crypto is reportedly being held across 50 addresses believed to be owned by the Binance hacker. That has fueled concerns in some quarters that losses from the Binance hack could reach as much as $5.8 billion.
https://coinness.com/en/news/1173598
CoinNess
Binance hacker starts selling UNI holdings in $652K swap - CoinNess
A wallet linked to the Binance hacker appears to have started selling UNI, according to crypto-focused Telegram channel Insaengcoin. The address, which begins w...
[Aave freezes lending market tied to Binance-linked stolen crypto]
Aave said it had urgently frozen the relevant lending market to block secondary borrowing attempts using cryptocurrency leaked from Binance as collateral.
https://coinness.com/en/news/1173599
Aave said it had urgently frozen the relevant lending market to block secondary borrowing attempts using cryptocurrency leaked from Binance as collateral.
https://coinness.com/en/news/1173599
CoinNess
Aave freezes lending market tied to Binance-linked stolen crypto - CoinNess
Aave said it had urgently frozen the relevant lending market to block secondary borrowing attempts using cryptocurrency leaked from Binance as collateral.
[Another 200M USDT drained from Binance hot wallet, frozen by Tether]
Another 200 million USDT was drained from a Binance hot wallet, but Tether froze the funds immediately, BlockBeats reported. Tether had earlier said it froze 1.567 billion USDT tied to the Binance hack. According to on-chain analytics platform Arkham (ARKM), losses from the Binance hack could reach as much as $5.643 billion.
https://coinness.com/en/news/1173600
Another 200 million USDT was drained from a Binance hot wallet, but Tether froze the funds immediately, BlockBeats reported. Tether had earlier said it froze 1.567 billion USDT tied to the Binance hack. According to on-chain analytics platform Arkham (ARKM), losses from the Binance hack could reach as much as $5.643 billion.
https://coinness.com/en/news/1173600
CoinNess
Another 200M USDT drained from Binance hot wallet, frozen by Tether - CoinNess
Another 200 million USDT was drained from a Binance hot wallet, but Tether froze the funds immediately, BlockBeats reported. Tether had earlier said it froze 1....
[Lombard says all products, including LBTC and BTC.b, have no Binance exposure]
Bitcoin liquidity staking protocol Lombard (BARD) said none of its products, including LBTC and BTC.b, has exposure to Binance. Lombard added that the protocol is operating normally and has taken all preventive measures.
https://coinness.com/en/news/1173601
Bitcoin liquidity staking protocol Lombard (BARD) said none of its products, including LBTC and BTC.b, has exposure to Binance. Lombard added that the protocol is operating normally and has taken all preventive measures.
https://coinness.com/en/news/1173601
CoinNess
Lombard says all products, including LBTC and BTC.b, have no Binance exposure - CoinNess
Bitcoin liquidity staking protocol Lombard (BARD) said none of its products, including LBTC and BTC.b, has exposure to Binance. Lombard added that the protocol ...
[BitGo moves to freeze USD1 tied to Binance hack-linked address]
Crypto custody firm BitGo said on its official X account it is taking steps to freeze USD1 held at a specific address identified as having received stolen funds linked to Binance’s recent security incident and tied to World Liberty Financial (WLFI).
BitGo added the freeze is limited to that address and that other USD1-related services are operating normally.
https://coinness.com/en/news/1173602
Crypto custody firm BitGo said on its official X account it is taking steps to freeze USD1 held at a specific address identified as having received stolen funds linked to Binance’s recent security incident and tied to World Liberty Financial (WLFI).
BitGo added the freeze is limited to that address and that other USD1-related services are operating normally.
https://coinness.com/en/news/1173602
CoinNess
BitGo moves to freeze USD1 tied to Binance hack-linked address - CoinNess
Crypto custody firm BitGo said on its official X account it is taking steps to freeze USD1 held at a specific address identified as having received stolen funds...