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More →Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Binance arranges $6.34 billion to cover losses from record crypto hack
Binance arranges $6.34 billion to cover losses from record crypto hack
Strategy CFO Andrew Kang resigns as company posts record operating profit
Strategy CFO Andrew Kang resigns as company posts record operating profit
Binance hacker dumps a little-known 2017 token and it crashes 90%
Binance hacker dumps a little-known 2017 token and it crashes 90%
Binance hack bites India's largest crypto exchange as it curbs futures trading
Binance hack bites India's largest crypto exchange as it curbs futures trading
Institutional crypto investors rush to pull funds from exchanges after Binance hack
Institutional crypto investors rush to pull funds from exchanges after Binance hack
TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor
Three blockchain analytics firms have attributed this week's hack of Binance to North Korea, with two of the largest naming TraderTraitor, a North Korean hacking group, as responsible for what both describe as the largest crypto theft on record. <a href="https://www.trmlabs.com/resources/blog/north-korea-steals-usd-6-36-billion-from-binance-in-the-largest-hack-in-history" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>TRM Labs</a> said it made the attribution "with high confidence," based on "robust on and off-chain intelligence." It put the theft at about $6.36 billion, moved out of Binance <a href="/?post_type=post&p=5702" target="_blank" rel="noreferrer" class="sc-adb616fe-0 dJryYS">><span class="sc-fe458747-4 eaOPgC">wallets</span></a> on 10 blockchains, most of it in about 20 minutes from 4:05 p.m. ET on Thursday. That is about four times the <a href="https://decrypt.co/307990/fbi-links-north-korea-to-1-4-billion-bybit-crypto-heist" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">$1.5 billion Bybit hack</a> of February 2025, which the FBI attributed to the same group, TRM noted. <a href="https://www.chainalysis.com/blog/binance-exploit-latest-findings-and-response/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>Chainalysis</a>, which put the total at about $6.4 billion, said the strongest evidence came when its investigators saw funds stolen from Binance commingling in real time with funds from last month's <a href="https://decrypt.co/379275/bitget-hack-183-million-crypto-exchange-wallets" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">Bitget exploit</a>, which had been <a href="https://decrypt.co/380005/chainalysis-ai-87m-bitget-hack-north-korea" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">attributed</a> to North Korean actors. A Chainalysis spokesperson told <i><a href="https://edition.cnn.com/2026/10/30/tech/binance-crypto-heist-hnk-intl" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">CNN</a> </i>the firm had "high confidence" North Korea was behind the hack. Singapore-based Pangolin Intelligence also told <i>CNN</i> it believed a North Korean hacking unit was responsible, based on "analyzing the on-chain activity related to this hack and correlating with information gathered from previous known incidents." North Korea has previously denied hacking allegations. TRM and Chainalysis both said the attacker's operational wallet was funded through Tornado Cash, a crypto mixer. TRM said that and other features, including staging that began well before the theft, matched earlier North Korea-linked attacks such as the Bybit hack and April's <a href="https://decrypt.co/364872/layerzero-pins-292m-kelpdao-bridge-hack-on-north-koreas-lazarus-group" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">KelpDAO exploit</a>. On <a href="/?post_type=post&p=5726" target="_blank" rel="noreferrer" class="sc-adb616fe-0 dJryYS">><s
Nasdaq falls nearly 3% as tech earnings deepen concerns over AI spending
CoinWorld news, according to Investing.com, the Nasdaq index fell nearly 3%, as tech company earnings deepened market concerns about AI spending.
Crypto stocks fall into a bear market, Coinbase's Q2 revenue down 18% year-over-year
According to CoinWorld news, crypto stocks are currently in a bear market: Gemini is down 84%, Figure down 70%, Iren down 68%, Mara down 63%, Coinbase down 59%, Riot down 56%, Glxy down 53%, MicroStrategy down 51%, Circle down 45%, and Robinhood down 43%. Bitcoin has fallen 38.5% from its all-time high of $126,000. Coinbase's Q2 revenue fell 18% year-over-year to $1.22 billion, while Robinhood's Q3 revenue rose 12% year-over-year to $1.42 billion, despite its stock still falling 43%. Circle's Q2 revenue rose 7% year-over-year to $701 million, but is down 45% from its March peak. Gemini's Q2 revenue grew 37% to $45 million, and Figure's Q2 revenue nearly doubled to $222 million. Mining companies Mara and Iren both saw revenue decline 27%, while Riot's revenue grew 14%.