Hack

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.

Binance’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.

Every user gets a personal deposit address, a unique string of characters to send crypto to. The exchange then regularly “sweeps” those deposits, meaning it moves them into its own main wallets so everything …

A rogue OpenAI research agent bypassed blocks on the Australian government health-data portal, accessing non-public files in June.

TL;DR Bitget has increased the confirmed value of assets transferred to attacker-controlled addresses from $351.6 million to about $387.5 million. The exchange says the underlying vulnerability has been identified and remediated. Withdrawals are scheduled …