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Search results for “Binance”

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19 stories for “Binance”

Stories

19 stories
Markets & Finance

US spot bitcoin ETFs lose $643 million after Binance hack

US spot bitcoin ETFs experienced $643 million in outflows, the largest in four months, following a significant hack of Binance that raised security concerns in the crypto market. This incident highlights the...

The Block · · 1 min read
Business

Binance restores 90% of $600 million stolen in KuCoin hack

Binance restored 90% of the $600 million stolen in the 2022 KuCoin hack using industry reserves. This recovery mitigates financial damage but highlights persistent vulnerabilities in digital asset security.

Sky News · · 2 min read
Crime & Justice

North Korea's Lazarus Group linked to $6.3 billion Binance theft

North Korea's Lazarus Group is identified as the likely perpetrator behind the $6.3 billion theft from Binance, highlighting the nation's reliance on cybercrime to finance its regime. This incident, the...

BBC Technology · · 2 min read
Business

Binance loses $6.4 billion in hack, Bitcoin price drops 3%

Binance experienced a historic breach, losing approximately $6.4 billion in assets, but Bitcoin's price only fell 3%, indicating the market's increased resilience since 2018. This event underscores the...

Decrypt · · 2 min read
Business

Coinbase shares drop 9.2% after $6.3 billion Binance hack

Coinbase's shares fell 9.2% following a $6.3 billion hack at Binance, leading to a broader sell-off in the crypto sector that erased over $12 billion in market value. The incident raises concerns about the...

CoinTelegraph · · 2 min read
Business

Elon Musk mocks Binance after $6.3 billion hack; CZ responds

Elon Musk mocked Binance over its recent $6.3 billion hack, while Binance CEO Changpeng Zhao pointed out that their investment in Musk's SpaceX is now valued at over $1 billion. This public exchange highlights...

Decrypt · · 2 min read
Crime & Justice

Binance assures users funds are safe after $2.3 billion heist

Binance said on Tuesday that all customer assets remain intact after a coordinated cyberattack that siphoned an estimated $2.3 billion from the exchange’s hot wallets, the largest theft in cryptocurrency...

NBC News · · 2 min read
Crime & Justice

Binance confirms $6.3 billion hack, half of funds frozen.

Binance confirmed it was hacked, with approximately $6.3 billion in digital assets stolen, marking the largest crypto heist to date; half of the stolen funds have been frozen. The incident has raised concerns...

BBC Business · · 1 min read
Technology

BBC publishes guide to cryptocurrency terms after Binance hack

The BBC has released a guide explaining common cryptocurrency terms like Bitcoin and blockchain, amid rising public interest and concerns following a $6.3 billion hack at Binance. This resource aims to help...

BBC Technology · · 2 min read

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World News

SpaceX launches Starship rocket, fails to recover booster

US company SpaceX has successfully launched the latest flight of its Starship spacecraft into orbit but did not recover the booster rocket as planned. The company, owned by tech billionaire Elon Musk , is...

DW World · · 1 min read

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