Binance hack is ‘cyber war,’ TRM Labs executive says
TRM Labs executive Ari Redbord called for governments to take offensive action against North Korean hackers following the record $6.3 billion Binance theft.…
Binance hackers had 8 weeks of access before $6.3B exploit, Security Alliance estimates
The cybersecurity company flagged similar multistage intrusion patterns behind other highprofile crypto heists, including the $388 million Bitget hack.…
Binance’s $6.3B hack leaves questions over hot wallet safeguards
Experts say blockchain records show repeated wallet drains but cannot establish Binance’s internal signing controls or transaction limits. Source:Cointelegraph
Crypto exchanges tout cold storage ratios after Binance attack
Coinbase says it keeps more than 99% of customer assets offline, while Gate reports 88.26% of its total assets are kept in cold storage. Source:Cointelegraph
Binance, Deribit revoke SignalPlus API keys after fake Teams invite attack
SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform…
Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and…
What is TraderTraitor, the hacking squad behind the $6.3 billion Binance heist
The hacking group has been behind some of the crypto industry's most recent highprofile thefts. Source:CoinDesk
Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.…
Binance cuts SignalPlus access after security warning, urges users to check accounts
The exchange says its systems are unaffected but has removed trading connections to the thirdparty platform as a precaution. Source:CoinDesk
Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto
Polygon block producers have already frozen the stolen tokens, but a proposed hard fork would allow the funds to be recovered and returned to their owners.…
THORChain's RUNE jumps 10% as North Korean hackers resume laundering Binance loot
North Korea’s TraderTraitor is routing Binance hack proceeds through THORChain, swapping ether for bitcoin after an earlier wave of conversions from Tron.…
Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.…