Category : Bitcoin.com

Bitcoin.com

Israel Extradites Suspect to US Over $2.8M Crypto Hack

An Israeli-Russian citizen accused of stealing $2.8 million in digital assets, has been extradited to the U.S. after Israel’s Supreme Court rejected his final appeals. Federal Indictment and Extradition Request Alexander Block, an Israeli-Russian cit...

Australia Casts Doubt on Retail Prediction Markets, Calls Them Bets

Australia’s corporate regulator cast doubt on the notion that prediction markets for retail clients are in the public interest, arguing the contracts have “all the features of a bet.” The statement stops short of a formal ban and came a day after ASI...

Blockchain Revenues Plunge 30%, but a New Growth Engine Emerges

Global blockchain revenues are projected to decline year over year to $100 billion in 2026, down from approximately $140 billion in 2025. Despite the downturn, the DeFi and finance sector remains the dominant revenue generator, accounting for roughly...

Binance Hackers Deploy ‘Never-Seen-Before’ Crypto Laundering Tactics

Chainalysis identified previously unseen laundering patterns as attackers circulated stolen Binance assets through thousands of transactions, suggesting automated efforts to obscure the trail. Its investigation also linked the theft to North Korean h...

Binance Prepares to Resume Withdrawals, Unveils $6.3B Hack Recovery Plan

Binance is preparing to restore withdrawals in phases after its $6.3 billion hack, with reopening dependent on security checks. The exchange committed company funds to replace stolen assets while investigators expanded their review of the breach. Wit...

Senators Warren, Curtis Press Kalshi and Polymarket on Election Insider Trading

Sens. Elizabeth Warren and John Curtis have asked Kalshi and Polymarket to explain how they keep insiders out of election markets, giving the companies until Nov. 3, Election Day, to answer seven questions. The bipartisan letter cites candidates who...

A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi

Venture capital giant Andreessen Horowitz (a16z), Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to overhaul proposed cryptocurrency tax regulations, warning that the rules could effectively prohibit decentralized finance (D...

Tether Reports $1.5B Q3 Profit as Total Reserves Reach $191.5B

Stablecoin issuer Tether generated $1.5 billion in net operating profit during the third quarter of 2026, bringing its year-to-date total to $4.5 billion, while reserves backing its tokens reached $191.5 billion, according to its latest financial att...

Trezor Warns of Compromised Hardware Wallet Following $93M Ledger Security Scare

Cryptocurrency hardware wallet maker Trezor has warned customers about a potentially compromised device sold through a former authorized reseller linked to the recent Ledger wallet security scandal, raising concerns that the sophisticated attack may...

New Breach Points: Binance CEO Reveals Fresh Findings in $6.3B Hack

Binance investigators uncovered additional breach points, bypassed approval controls, and evidence-destruction tactics in Thursday’s $6.3 billion hack, co-CEO Richard Teng said. His update outlined a withdrawal-service rebuild, a companywide se...

Bitcoin Price Rebounds Above $77K, but Binance Hack Keeps Traders on Edge

Bitcoin stabilized above $77,000 after a $6.3 billion Binance hack triggered a marketwide sell-off, pushing the cryptocurrency to a multiweek low of $76,320. Bitcoin Plunges to Multiweek Low Following Binance Hack Bitcoin price stabilized above $77,0...

Gate CEO Calls for Crypto Security Alliance After $6.3B Binance Hack

Lin Han, founder and CEO of Gate, has called for the formation of a cryptocurrency security alliance to standardize procedures to prevent and eventually deal with the aftermath of security incidents similar to the $6.3 billion hack that Binance faced...

Bitcoin ETFs Add $441M in 4 Days as Zcash Streak Hits Day 8

Bitcoin ETFs stayed positive for a fourth straight session Thursday, adding $17.07 million and lifting week-to-date inflows above $440 million. Ether and solana funds suffered a fresh wave of redemptions, while zcash extended its winning streak and X...

Coinbase, Bitcoin Giant Strategy Fall as Binance Hack Rocks Crypto Stocks

Crypto-linked stocks plunged Friday as a multibillion-dollar Binance security breach collided with a broader technology selloff driven by concerns over AI spending. Coinbase dropped more than 12% and Strategy fell 6%, even after both companies report...

Who’s Next? OneKey CEO Warns Hackers Will Target Blackrock’s Bitcoin ETF

Yishi Wang, founder and CEO of hardware wallet company OneKey, suggested that North Korean hackers could be eyeing another major target after Binance was ransacked: BlackRock’s IBIT, the world’s largest bitcoin ETF, holding nearly $63 bil...

CZ Tells Elon Musk to Stop Trolling Over $6.3B Binance Hack, Cites SpaceX Stake

Elon Musk poked fun at Binance’s $6.3 billion security crisis, and Changpeng Zhao (CZ) fired back with a billion-dollar reminder: the cryptocurrency exchange owns a valuable stake tied to Musk’s SpaceX empire, an investment Zhao would rat...

Binance Secures $6.34B to Cover Losses From Historic Crypto Hack

Through its social media channels, Binance announced it had already reserved over $6.34 billion in company funds to cover losses from the hack suffered on Thursday, with $5 billion held in the tokens impacted, while other purchases are being complete...

Binance Hack Fallout: Aave Freezes Lending Across 16 Networks

Aave froze 292 reserves across its V3 and V4 markets following a major Binance security breach that saw attackers steal more than 195,000 ETH and millions of dollars in altcoins. Binance Exploit Drains 195,000 ETH Across Multiple Blockchains Decentra...

Binance Hacker Dumps $158M in Alts as Sleuths Question Exchange’s Key Story

The Binance hacker sold about $158 million in altcoins for 70,480 ETH, while analysts challenged the exchange’s claim that no private keys were leaked. Seven Tokens Gone in Hours The thief behind the Binance breach wasted little time turning st...

Binance Hack Has Logan Paul Calling Crypto ‘a Scam’ Despite Cryptozoo Past

Logan Paul called crypto “a scam” following the $6.3 billion Binance hack, and critics were quick to point to his own Cryptozoo project. “I Don’t Trust Crypto” Youtuber and boxer Logan Paul has a new take on digital asse...

Bitcoin ETFs Add $423M in 3 Days as Blackrock Leads

Bitcoin ETFs attracted $137.33 million on Wednesday, extending their inflow streak to three sessions and lifting week-to-date additions above $423 million. Bitcoin ETFs Add $137M as 3-Day Inflow Streak Builds Three sessions into the week, bitcoin has...

Ripple and Trump’s World Liberty Help Freeze Binance Hacker’s Loot

Ripple froze about $200 million and World Liberty Financial froze $27 million in USD1 tied to the Binance hack, joining Tether, Circle and Coinbase in a rare industry-wide lockdown. Ripple Steps in Binance’s ongoing crisis has turned into an un...

Binance Hack Sparks $1.5B Liquidation Bloodbath Across Crypto

Cryptocurrency liquidations exceeded $1.54 billion following a Binance hack-related marketwide sell-off that disproportionately affected leveraged long positions. Market Crash Triggers $1.5B in Liquidations Cryptocurrency market liquidations surpasse...

China Gave Its First Fully AI-Made Movie 10,000 Screenings. Advance Ticket Sales Barely Reached $10,000

Sanxingdui: Future Past, billed as China’s first fully AI-generated feature film, opened nationwide on October 23 with more than 10,000 screenings scheduled for its first day. Yet presale revenue as of the prior evening was just 65,000 yuan, about $9...

Binance Hack Pinned on North Korea’s Lazarus Group by TRM Labs and ZachXBT

Several blockchain investigators say North Korea’s Tradertraitor (a sub-unit of the larger Lazarus/DPRK ecosystem) likely carried out the roughly $6.3 billion Binance hack, the largest crypto theft on record to date. Investigators Point to Pyon...

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