
Binance hackers raced to move billions before it could be frozen
Binance’s $6.3 billion hack triggered a race to move stolen funds before they could be frozen. Tether, Circle and other players immobilized around $3 billion.

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Binance hackers are using unusual automated wallet loops and repeated 1 TRX transfers to obscure funds stolen in the $6.3 billion exploit.

Reddit shares are down 44% this week after CEO Steve Huffman warned that Google's AI-powered search features are cutting referrals.

Binance lost about $6.4 billion, the largest crypto hack on record, yet Bitcoin fell about 3%, against nearly 11% in 2018 after an attack.

Coinbase posted $719 million in Q3 profit despite an 8% drop in spot trading volume and a 44% annual decline in transaction revenue.

Bitcoin has survived several major hacks, often seeing its value drop, then setting off on a run that often ended in new all-time highs.

An unmerged Ethereum draft proposes an irreversible EIP-7702 opt-out, distinct from expiring unused authorizations or retiring an account’s signing key.

Catch up on Cointelegraph’s live coverage of Binance’s $6.3 billion hack, including the investigation, industry response and plans to reopen withdrawals.