Binance lost about $6.4 billion, the largest crypto hack on record, yet Bitcoin fell about 3%, against nearly 11% in 2018 when the exchange was last attacked.
This story was originally published by Decrypt.
Tether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victims would get the same protection.
The Q3 gap between stablecoin revenue and disclosed holder-rewards expense fell 16.6%, a calculation that excludes other costs and income.
Self-exclusion requests should be simple to make and hard to reverse. At licensed Web3 sportsbooks, the process ranges from a button in account settings to an email with specific wording. Licences…
Raymond and Isiah Garcia held a Minnesota family at gunpoint for more than nine hours, forcing the father to transfer over $8 million in crypto, in one of the clearest “wrench attack” prosecutions…
The crypto space is still reeling from its biggest hack ever, which saw well over $6 billion worth of crypto drained from Binance, although about $3 billion of that is reported to have been frozen…
Binance says it has set aside $6.34 billion to cover losses from the breach and the FBI and Secret Service are now working with the exchange as investigators trace the stolen funds.
