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 …
Binance
The Binance hack could accelerate a shift in crypto trading toward decentralized exchanges, benefiting Uniswap over the longer term, according to Standard Chartered’s global head of digital assets research, Geoffrey Kendrick. In an email …
BNB lost 7.1%, while Binance Co-CEO Yi He pledged that the exchange will cover all user losses resulting from the hack.
- Crypto Education
Binance hack drained wallets backing customer assets, reserve data shows
by adminby adminBinance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.
- Blockchain Research
PLTR Price Prediction: Analysts Raise Targets Before Q3 Earnings as the Binance Contract Stalls Below Its 20-Day Average
by adminby adminHome / Latest reporting Price forecast Piper Sandler and Citigroup both raised their Palantir price targets in the two days before third-quarter results, yet the Binance futures contract is trading at $197.21 — fractionally …
Binance has invested $100 million in Circle, acquiring 1.24 million shares, while renewing a five-year partnership to expand USDC adoption across global markets. Binance bought $100 million of Circle Internet Group (NYSE: CRCL) stock …
- Crypto Education
US Probes Whether Binance ‘Knowingly’ Let Iran-Linked Trades Through: Report
by adminby adminIn brief Federal prosecutors are examining whether Binance failed to stop trading that breached U.S. sanctions on Iran, Bloomberg reported Monday. The Manhattan U.S. attorney’s office is handling the inquiry, with the Justice Department’s …
Binance Suffers $6.3 Billion Hack, Pledges to Cover All User Losses
Binance confirmed the incident but reassured that user funds will be covered in full. The world’s largest cryptocurrency exchange, by means of both users and trading volume across the board, has been hacked. Not …
EU Presses Binance Over ‘Reverse Solicitation’ Exemption for Users: Report
In brief ESMA and national regulators in France, Germany and Greece are looking at how Binance continues to serve EU users, the Financial Times reported. The exchange failed to secure a MiCA license this …
70% of Binance Altcoins Recover But Altcoin Season Index Tells Another Story
Altcoins have climbed back above a key level on Binance, with 70% now above their 200-day average. A separate gauge of altcoin strength has moved in the opposite direction. Blockchaincenter’s Altcoin Season Index fell …