The exchange says user deposits accumulated in vulnerable wallets retired after its $44 MILLION hack in July 2025 when an automated fund-transfer system failed
The admission brings losses from the two incidents to nearly $60 MILLION
CoinDCX says it will cover the latest loss and that user funds remain safe
Onchain investigator ZachXBT, who challenged the initial denials, has urged customers to withdraw their assets
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The firm cites rising institutional demand, Bitcoin's fixed supply and concerns over fiat currency debasement. From around $80,600, the forecast implies roughly 20x growth over the next decade
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He was caught after bragging about his lavish lifestyle on Discord: together with an accomplice, he spent the money on luxury brands, private jets and Miami parties
By cooperating with investigators, he returned $3.8M and walked free, though he originally faced up to 20 years
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BINANCE: $3.5B
BYBIT: $1B
BITGET: $1B
But reports now say the total hack could reach $6B: ETH $3.528B, BTC $1.449B, TRX $628M, ARB, OP and Base $38M
Meanwhile, Tether and Circle froze approximately $2.4B (approximately 1.567B USDT and 823M USDC)
The attacker reportedly used EIP-7702 to drain Binance hot wallets
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IBIT saw $405.3M in net outflows on Nov. 2 as Bitcoin traded near $76,800, down about 1.5%
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Eligible U.S. users can now buy, hold, trade, and transfer USDC through Samsung Wallet, including cross-border payments to bank accounts in more than 60 countries
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Cryptoz
Chainalysis says the attackers are moving funds across multiple blockchains, with some of the stolen crypto already reaching Chinese money-laundering networks
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The idea from Cory Fields would hide decoy outputs in transactions, potentially allowing owners to reclaim stolen BTC and seize an attacker's collateral if quantum hackers try to exploit vulnerable coins
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Speaking at Oxford, the Binance founder described the internet, blockchain and AI as the three fundamental technologies of his lifetime, arguing that crypto adoption is inevitable worldwide
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