Binance hackers raced to move billions before it could be frozen
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets.
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets.
Some political and administration figures tried to make hay of the biggest-ever crypto heist.
Chainalysis has engaged world-class third-party experts to support a review of its security and strengthen its defenses.
Home invasions became the most common form of crypto wrench attacks worldwide during the first half of 2026, rising to 20 incidents from one.
In typical Bitcoin style, the number one cryptocurrency turns 18 today, amid AI-driven security threats, quantum fears and the biggest exchange hack in crypto history.
Bitcoin circled $77,000 as crypto markets navigated US stock-market downside, while the gold price fell to its lowest in a year.
North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene.
The attackers held 18,270 BTC early Friday, topping Coinbase’s reported corporate holdings, and an Ether stash exceeding 500,000 ETH.
Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.
Bitcoin held above $76,000 after a $6.3 billion Binance hack and a tech-stock sell-off, as momentum indicators pointed to a possible rebound.