Cryptocurrency

The 18,270 BTC haul is worth about $1.4 billion and comes within 442 coins of SpaceX’s disclosed holdings. Blockchain investigators link the attack to North Korea. Source link

Key TakeawaysBinance targeted a phased withdrawal restart, subject to completed security checks.Matching tokens worth $5 billion cover approximately 80% of losses.Binance said partners froze about $3 billion in stolen assets. Withdrawals Face Security Checks Before Phased Restart Binance outlined...

Attackers behind Binance’s estimated $6.3 billion hack still control billions of dollars in stolen cryptocurrency despite efforts by token issuers to freeze the proceeds.The attack, the largest in crypto history, began at 8:04 pm UTC Thursday and the perpetrators,...

Tether reported $1.5 billion in third-quarter operating profit as its excess reserves nearly doubled to $7.95 billion, according to figures released alongside its latest attestation prepared by independent accounting firm BDO.The company held $191.5 billion in assets against $183.5...

Shares of publicly traded cryptocurrency companies fell sharply Friday, with Coinbase dropping more than 13% a day after reporting a decline in third-quarter revenue, as the industry dealt with Binance’s $6.3 billion hack.Other crypto-linked stocks also declined, with stablecoin...

The debate over quantum computing has raised serious questions about Bitcoin’s long-term security, but the economic consequences could emerge long before the technology seriously threatens the network.Muneeb Ali, founder of Bitcoin layer-2 project Stacks, believes quantum computing risks are...

This recap summarizes Cointelegraph’s reporting on the Binance hack and has been updated with the exchange’s latest statements. The investigation is ongoing, and figures and recovery timelines may change. See our archived live coverage for the original timeline.Hackers stole...

What we know about the Binance hack: Binance says the estimated total impact is around $6.3 billion and the verified total value of crypto frozen is $3 billion. This could increase as investigators trace additional assets.Binance says deposits are...

Reason to trust ...