Binance has drawn on a reserve used to absorb losses from bankrupt futures positions as it replaces stolen cryptocurrency. The exchange says it moved only excess funds, while published balances give traders a partial view of the protection that remains.…
This story was originally published by crypto.news.
The exchange confirms it drew on its insurance reserve after a security breach, prompting users to ask whether normal withdrawals are still possible. Binance has told users that 95% of losses…
Summary Binance plans to restore XRP, Bitcoin, and Ethereum withdrawals across 15 blockchain networks following the massive $6.3 billion security breach. The exchange reports 95% asset recovery and…
What to Know Ryan VanGrack built his legal career across government institutions and financial markets before assuming a senior leadership position at Coinbase. VanGrack previously served at the SEC…
In Brief: The FBI identified North Korea’s TraderTraitor operation as responsible for the $6.3 billion Binance hack, the largest cryptocurrency theft recorded. Federal investigators revealed hackers…
Elliptic has uncovered a significant automated laundering operation linked to the recent Binance hack. The organization revealed that the main Tron distribution wallet has been making payouts every…
Key Takeaways None of its 5,833 BTC sat at Binance. Board lets CEO sell or pledge in tranches. Bitcoin holders’ losses jumped two days after the hack. No sale or pledge has happened yet. The…
