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  • FBI blames North Korea for record $6.3B Binance hack
    by Michael Millard on November 1, 2026 at 7:44 am

    US agency seeks private-sector help to block further money-laundering of stolen digital assets.The FBI said that the Democratic People’s Republic of Korea (North Korea) was responsible for the theft of about $6.3 billion in digital assets from cryptocurrency exchange Binance on Thursday.The FBI said on Saturday in a news release that it refers to this specific North Korean malicious cyber activity as “TraderTraitor,” which it has most recently observed converting stolen assets mostly into Ether (ETH). It expects these assets to be further converted, using DeFi and instant swap services, as the hackers move to more advanced laundering stages.Read more

  • Binance says 90% of stolen assets replenished, targets Sunday withdrawals
    by Bryan O’Shea on October 31, 2026 at 3:36 pm

    Less-liquid tokens make up the remaining shortfall as Binance continues buying replacement assets through market and over-the-counter trades.Binance said Saturday it had replenished 90% of the assets stolen in its $6.3 billion hack, up from 80% a day earlier, and remained on track to resume withdrawals Sunday.The exchange is using a combination of its corporate treasury, a partial deployment of its Secure Asset Fund for Users (SAFU) and a portion of its futures insurance fund, a spokesperson told Cointelegraph.“Binance will absorb the financial impact of the stolen funds, not users,” the spokesperson said, adding that the insurance fund would remain above required risk management levels.Read more

  • Bitcoin held up better than expected after Binance hack, Strive CEO says
    by Nate Kostar on October 31, 2026 at 3:26 pm

    Strive CEO Matt Cole says the Binance hack has not changed his long-term case for Bitcoin, but cautions it is too early to call a market bottom.Bitcoin has held up better than expected following the $6.3 billion Binance hack, according to Strive CEO Matt Cole, who said the breach does not undermine the cryptocurrency’s long-term investment thesis.Speaking on Cointelegraph’s Chain Reaction on Friday, Cole said the breach had not changed his long-term investment case for Bitcoin. He compared the attack on Binance’s wallets to a bank robbery rather than a failure of Bitcoin’s network.Bitcoin traded near $77,400 at 4:00 pm on Saturday, about 4% below its price shortly before the attack began Thursday, according to CoinGecko data.Read more

  • Here’s what happened in crypto today
    by Michael Millard on October 31, 2026 at 3:09 pm

    Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.Today in crypto: Soon after the $6.3 billion hack of Binance, some political and administration figures began offering their opinions with a US election approaching on Nov. 3 and voting already having begun in many locations. Coinbase led a selloff in crypto-linked stocks following Binance’s record-breaking $6.3 billion hack, and Binance said it had set aside more than $6.34 billion to cover losses from the attack.Soon after the $6.3 billion hack of Binance, the biggest in crypto history, some political and administration figures began offering their opinions with a US election approaching on Nov. 3 and voting already having begun in many locations.President Donald Trump was asked at a news conference on Friday about the hack of Binance. “We don’t know. We’re looking at that, the hack with Binance. They’re saying they’re going to get it back, they’re saying they’re guaranteeing it,” he replied.Read more

  • Bitcoin turns 18: Has the original rebel grown up?
    by Christina Comben on October 31, 2026 at 2:27 pm

    In typical Bitcoin style, the number one cryptocurrency turns 18 today, amid AI-driven security threats, quantum fears and the biggest exchange hack in crypto history. Eighteen years ago today, pseudonymous cypherpunk Satoshi Nakamoto posted the Bitcoin whitepaper, Bitcoin: A Peer-to-Peer Electronic Cash System, to a cryptography mailing list.Created to bypass opaque institutions and remove the need for trust in financial transactions, Bitcoin (BTC) has been taking on the traditional financial system since its genesis block was mined on Jan. 3, 2009.Inscribed in that very first block was a message from Satoshi, quoting a headline from The Times: “Chancellor on brink of second bailout for banks.” It captured the financial crisis backdrop against which Bitcoin was born.Read more