Key Takeaways Defiance Capital CEO Arthur Cheong predicts the recent U.S. tech stock selloff will act as a crypto tailwind. Cheong expects exiting tech liquidity to pivot to crypto as crypto-native investors return to familiar assets. Bitmex co-founder Arthur Hayes echoed this, claiming state AI bailouts will inject more liquidity into crypto. Defiance Capital CEO…
Key Takeaways Five Binance wallets lost 233.46 million XRP in about four minutes. Ripple froze $40.5 million in its dollar-backed stablecoin. Binance said XRP balances were fully backed in its Oct. 31 update. Five Payments Consolidated $296 Million Binance lost approximately $296 million in XRP on Oct. 29, TRM Labs’ transaction tracing found. The blockchain…
Key Takeaways Anchorpoint partnered with Solana to launch the HKDAP stablecoin, enabling instant network settlements. The stablecoin targets retail and institutional users to expand Hong Kong Dollar’s global market appeal. This integration bridges regulated infrastructure with public blockchains for new digital finance services. Anchorpoint To Bring HKDAP Stablecoin to Solana Anchorpoint, a consortium licensed by…
Key Takeaways Binance said $5 billion was already held in the affected cryptocurrencies. About $3 billion in stolen assets had been frozen, the exchange reported. Binance co-CEO Richard Teng said the attacker bypassed normal approval controls. Saylor Sees Lessons From Binance Security Failures Strategy Inc. (Nasdaq: MSTR) Executive Chairman Michael Saylor said on Oct. 30…
Key Takeaways Trump addressed the hack before the FBI attributed it to North Korea. North Korean actors converted stolen assets into ether, the bureau said. Binance reported 90% replenishment and targeted a Sunday restart. Trump Examines North Korea Link and Binance Assurances President Donald Trump said on Oct. 30 that U.S. officials were looking into…
Key Takeaways Next Technology authorized sales or pledges involving approximately 5,833 bitcoin on Oct. 30. Binance’s security incident prompted Next Technology to reconsider its cryptocurrency exposure. Next Technology cited hacking threats and quantum computing risks, but disclosed no completed bitcoin sales. Next Technology Holding Eyes Bitcoin Exit as Binance Hack Fuels Security Fears A company…
Key Takeaways Bitcoin exchange-traded funds (ETFs) lost $643.33M on Friday, erasing four days of inflows and turning the week negative. Ether lost $155.85M, and solana lost $10.74M as the Binance breach deepened crypto risk aversion. Friday’s high-volume selloff shows security shocks can rapidly overwhelm institutional accumulation. Blackrock, Fidelity Lead $643M Bitcoin ETF Selloff Four days…
Key Takeaways Less liquid tokens account for the outstanding 10% of stolen assets. Company funds and emergency reserves support the replenishment effort. Withdrawals remain targeted for Sunday, Nov. 1, Binance said. 10 Cryptos Fully Backed as Binance Narrows Shortfall Binance reported progress replacing stolen assets in its third security incident update on X on Oct….
Key Takeaways Bitcoin’s white paper turns 18 on Oct. 31, after growing from peer-to-peer cash into a global asset. Blackrock funds and government reserves show how deeply bitcoin has entered mainstream finance. Long-term security now hinges on whether transaction fees can replace shrinking miner subsidies. Bitcoin’s White Paper Turns 18 as Institutional Adoption Deepens Bitcoin…
Key Takeaways Binance and Bitget breaches exposed $6.3B and $387.5M, though neither was publicly tied to AI. Google and Anthropic say AI agents are accelerating phishing, exploits, and credential theft. Crypto security now hinges on defenders keeping pace with attacks that can operate at machine speed. AI Is Turning Crypto Theft Into a Faster, Cheaper…
