Exchanges
Binance Hit by Record $6.3 Billion Hack as $3.3 Billion Remains Unrecovered
More than $6.3 billion in assets moved on-chain in what is being described as the largest crypto-related hack by dollar volume, with about $3 billion frozen through stablecoin operators and $3.3 billion still missing.
Crypto exchanges strengthen security protocols following $6.3 billion Binance breach
The October 2026 attack on Binance's hot wallets has prompted the industry to accelerate threat-intelligence sharing and review defense measures. Stablecoin issuers' swift action to freeze stolen assets demonstrated the ...
Seven Banks Lower Coinbase Price Targets Following Weak Q4 Start
Wall Street analysts cut price targets for Coinbase stock after the cryptocurrency exchange reported only $165 million in trading fees through October 25, signaling slower crypto trading activity.
Binance Outlines $6.3 Billion Hack Recovery Plan With Phased Withdrawal Restart
Following a $6.3 billion security breach, Binance announced a four-part recovery plan on October 30, committing company funds to cover losses and targeting a phased withdrawal restart subject to security validation.
CFTC's Federal Registration Option for Exchanges Gains Attention After Binance Breach
A $6.36 billion attack on Binance has renewed focus on CFTC Chairman Michael Selig's voluntary federal registration framework for crypto exchanges, which would require customer asset segregation and compliance with feder...
Binance Pledges to Cover All Losses Following $6.3 Billion Security Incident
Binance co-CEO Richard Teng announced the exchange will reimburse customers after a security breach estimated at $6.3 billion. Investigators have identified multiple attack vectors beyond an initially compromised laptop,...
Coinbase Routes 90% of USDC Interest to Hyperliquid, Creating Revenue That Doesn't Need Tr...
Grayscale research says Coinbase hands Hyperliquid 90% of the interest earned on about $6 billion of customer deposits, a monthly payment that helped the exchange book roughly $105 million in September even as trading sl...
Binance Hack Demonstrates Need for U.S. Oversight of Offshore Exchanges, CFTC Chair Says
CFTC Chairman Michael Selig cited the $6.4 billion Binance breach as justification for federal regulatory standards governing offshore crypto exchanges, arguing the incident underscores vulnerabilities in unregulated pla...
Altcoin Volatility Dominates Week as PEPE Gains Despite Binance Security Incident
The cryptocurrency market experienced significant volatility this week, with Quack AI (Q) surging to $0.24 before collapsing, while PEPE rose 6% following major holder activity. A $6.3 billion security incident at Binanc...
Binance Targets 48-Hour Withdrawal Resumption as Deposits Continue
Binance has suspended cryptocurrency withdrawals following a security incident affecting approximately $6 billion in assets, while deposits and trading remain available. The exchange estimates withdrawals will resume wit...
Crypto stocks tumble following Binance's $6.3 billion hack
Shares of major cryptocurrency companies fell sharply Friday as the industry absorbed news of Binance's record $6.3 billion security breach, with Coinbase leading declines despite strong earnings.
Binance Sets Aside $6.34B to Cover Losses From Exchange Hack
Binance CEO Richard Teng confirmed the exchange will cover all losses from a hack that compromised the platform's hot wallet, with $6.34 billion in company funds reserved for the recovery effort.
Binance Executives Defend Financial Position After $6.4B Hack
Following a record-breaking cryptocurrency theft, Binance leadership clashed with Elon Musk on social media while asserting the exchange has sufficient reserves to cover losses without liquidating SpaceX shares.
Crypto Stocks Fall Harder Than Bitcoin Amid Market Selloff and Binance Breach
Listed crypto companies declined more steeply than Bitcoin on October 30, 2026, despite revenue growth at most firms. A reported security breach at Binance triggered over $1.5 billion in liquidations across crypto market...
BTCC Exchange Sponsors Red Eagle Foundation Charity Golf Season Finale with Ashley Cole
BTCC supported the Red Eagle Foundation's final 2026 charity golf event at London Golf Club on October 22, which raised £34,750 for the organization supporting disabled and disadvantaged children.
Kraken Exchange Experiences One-Hour Trading Outage
Kraken temporarily disrupted spot and derivatives trading on October 30, 2026, affecting platform connectivity and order submission for approximately one hour before service was restored.
Binance's CZ Asks Musk to Stop Trolling as Exchange Addresses October Hack
Binance co-founder Changpeng Zhao appealed to Elon Musk for support during the exchange's October 30 hack crisis, citing SpaceX shares valued at over $1 billion. Co-founder Yi He said the company's annual revenue was suf...
Coinbase Reports 66% Net Income Jump in Q3 2026 Amid Revenue Decline
Coinbase's third-quarter earnings showed net income of $719 million, up 66% year over year, though total revenue fell 35% to $1.22 billion. Prediction markets emerged as a bright spot, generating over $200 million in ann...
Binance hack draws smaller market panic than FTX despite $6.3B loss, Qureshi says
Dragonfly's Haseeb Qureshi says crypto prices and outflows stayed relatively calm after Binance's $6.3 billion hack, contrasting with the deeper disruption of FTX's collapse.
Binance $6.4B Hack Dominates Markets as Hyperliquid Surges on NYSE Partnership
A record $6.4 billion theft from Binance overshadowed Hyperliquid's announcement of a partnership with Intercontinental Exchange to launch regulated U.S. perpetual futures, as crypto markets declined amid liquidations an...



















