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Recap: How Binance’s record $6.3B hack unfolded
What happened
Catch up on Cointelegraph’s live coverage of Binance’s $6.3 billion hack, including the investigation, industry response and plans to reopen withdrawals.
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FBI Attributes $6 Billion-Plus Binance Hack to North Korea
The FBI attributed the Binance theft to North Korea’s TraderTraitor activity and urged crypto services to block transactions linked to the stolen funds.
Jupiter Lend’s withdrawal liquidity rebounds from near zero to 29 million USDC
Jupiter Lend reported about 29 million USDC available for withdrawals at 09:25:56 UTC on October 31, after near-zero liquidity the previous afternoon.
Morpho Borrow Rates Hit Roughly 40% as PT Market Liquidity Dries Up
Morpho lenders pulled liquidity after the Binance hack, pushing borrowing costs toward 40% and squeezing leveraged Pendle trades, OAK Research reported.