Binance confirms $6.3 billion hack and suspends withdrawals
Binance says attackers took about $6.3 billion from compromised hot wallets, froze roughly $3 billion and will cover customer losses as it investigates.
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News from across crypto
Binance says attackers took about $6.3 billion from compromised hot wallets, froze roughly $3 billion and will cover customer losses as it investigates.
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TRM attributes the $6.36 billion Binance theft to North Korea’s TraderTraitor group, while the exchange investigates and partners freeze billions in assets.
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Curve put StableSwap live on Stellar on Oct. 29, its first native deployment beyond EVM chains, with FXSwap held until an audit is complete and pools open to users.
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Binance is investigating a reported security issue after crypto firms froze $2.54 billion; the exchange says customer funds are safe and withdrawals are paused.
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Coinbase added Ripple’s RLUSD on Oct. 28 across three platforms and three networks, giving retail and institutional customers another dollar token to trade and transfer.
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The OCC’s new GENIUS Act rule keeps exchanges able to offer stablecoin rewards case by case, while issuers remain barred from paying holders interest.
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Aviva Investors and Ripple have put a tokenized share class of a £22 billion sterling fund on the XRP Ledger, adding on-chain access to an existing fund.
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Aviva and Ripple launched a tokenised share class of Aviva’s £22bn sterling fund on XRP Ledger, with Aviva investing £50m in the new offering.
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South Korea is considering a fourth delay to its 22% crypto gains tax, with a 2029 start under discussion as officials cite a US data-sharing gap.
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Anza activated Alpenglow on Solana on Oct. 21, replacing TowerBFT and targeting finality in about 150 milliseconds, though that speed is not guaranteed.
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The OCC dropped a proposed presumption against some stablecoin reward programs, leaving exchanges room to offer returns while issuers remain barred from paying yield directly.
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HSBC has begun a phased PayMe rollout of RedCoin, its regulated HKD stablecoin, giving millions of users a new route for transfers and merchant payments.
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