For years, the crypto industry has tried to shed its affiliation with crime while marketing itself as a safe alternative to traditional banking and investing. But once again, a record-shattering heist is deepening conce…
The record-breaking hack of Binance is exactly why offshore crypto exchanges need U.S. oversight, CFTC Chairman Michael Selig argued, using the roughly $6.4 billion theft to press the agency’s case for a federal ruleboo…
Intel shares plunged nearly 30% to $65.76 on Friday after the chipmaker issued a fourth-quarter forecast that fell well short of Wall Street expectations, overshadowing an otherwise strong earnings report.
(CNN) — Binance, the world’s largest cryptocurrency exchange, has suspended withdrawals after hackers broke into its digital wallets and stole $6 billion in what appears to be the biggest crypto heist ever.
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.
Reddit shares are down 44% this week after CEO Steve Huffman warned that Google's AI-powered search features are cutting referrals, while weaker user growth and disappointing fourth-quarter guidance added to investor co…
The crypto market is taking two hits at once. The $6.3 billion Binance exploit has shaken confidence, and a sharp sell-off on Wall Street has dragged risk assets lower. Bitcoin has lost its key $80,000 support and falle…
Binance says customer balances are untouched by this week’s hack because the stolen crypto came from one of its own hot wallets, which the exchange legally owns. A Binance spokesperson explained the setup to journalist …
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.
Intel shares plunged about 30% on Friday to around $63.56, heading for their steepest one-day fall since 1974, after the chipmaker issued a weak outlook. Intel expects fourth-quarter adjusted earnings of 25 cents a shar…
Bitcoin is down about 4% a day after the biggest crypto hack on record. In March 2018, a failed attack on the same exchange knocked nearly 11% off its price in minutes, and Binance said at the time that no funds had bee…
Two Texas brothers have been sentenced to a combined 326 months in prison for a violent home-invasion robbery in which they held a Minnesota family at gunpoint for hours and forced the father to hand over more than $8 m…
Binance is working with the FBI and U.S. Secret Service after hackers stole $6.4 billion from the cryptocurrency exchange, as Circle joins the recovery effort by freezing more than $800 million in assets connected to th…
Binance will cover every dollar lost in this week's hack with its own money, CEO Richard Teng said in a video address on Friday, adding that customer funds were never touched.
Cryptocurrency exchange Binance has kept withdrawals suspended after a theft it estimates at $6.3 billion, the largest crypto heist on record, leaving customers unable to move assets off the platform while it rebuilds i…
Binance co-founder Changpeng Zhao, better known as CZ, called out Elon Musk on Friday after the billionaire appeared to mock the exchange following a $6.4 billion hack—the largest in history—reminding him that Binance h…
The post BNB Price Prediction: Could Hack Fallout Push BNB Toward $600? appeared first on Coinpedia Fintech News BNB has taken a brutal hit, and the damage could extend beyond today’s sell off. Following a reported $6.3…
The post Hyperliquid (HYPE) Entered the Crypto Top 10 List, Surpassing Zcash appeared first on Coinpedia Fintech News Hyperliquid (HYPE) has climbed into the top 10 cryptocurrencies by market cap, overtaking Zcash after…
Ethereum has two kinds of accounts. Externally owned accounts (EOAs), the standard wallets most people use, are controlled by a private key and can do little more than send transactions. Smart contract accounts can run …