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.
Tag:
Wallets
- NFT & Metaverse
CoinDCX confirms $16 million loss from retired wallets days after CEO called breach reports a ‘false alarm’
by adminby adminCEO Sumit Gupta had told X users on Wednesday that early reports of a breach sounded like “a false alarm.”
The first exploiter swapped about 4.75 million USDT into ether, while the distribution wallet retained another 423 ETH…. Read the full story at The Defiant
- Bitcoin & Ethereum
U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
by adminby adminThe U.S. Treasury Department has scrapped a years-old proposal that would have forced banks and crypto businesses to collect and report more information when customers sent large amounts of crypto to wallets they controlled …
- Blockchain Research
Nearly $352M Moved From Crypto Exchange Bitget Wallets In Suspected Hack
by adminby adminAn estimated $351.6 million in crypto has been moved from digital asset exchange Bitget’s hot wallets in a suspected hack. The platform’s CEO said in a Thursday statement that Bitget’s security team activated an …
- Web3 Technology
Coldcard Bitcoin Exploit Balloons to $88 Million as Attackers Keep Draining Wallets
by adminby adminIn brief The Coldcard exploit is ongoing, with Galaxy Research now tracking about $88.6 million stolen across 4,585 addresses in three waves. Galaxy’s Alex Thorn described the sweeps as deliberate and likely LLM-orchestrated, warning …
The world of Web3 wallets has evolved rapidly, offering crypto users more control, security, and versatility than ever before. Unlike traditional custodial solutions, modern wallets let users hold their private keys, manage digital assets, …
Web3 Technology
China’s P2P Stablecoin Wallets Surge 43x, Korea’s $450B Crypto Economy: Asia Express
by admin
by admin
China P2P stablecoin wallets grew 43x despite crypto restrictions: Chainalysis The number of unique wallets sending peer-to-peer (P2P) stablecoin transactions in China grew 43-fold between the first quarter of 2024 and the second quarter …
Altcoin Highlights
Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges
by admin
by admin
Six decade-old wallets moved $40 million this month, but Galaxy’s data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of last year’s total.
SAN FRANCISCO, CA – Crypto isn’t just building faster payments rails. It may be building the financial system for non-humans. As AI agents grow more autonomous, developers are already giving them crypto wallets, allowing …
