Bitcoin slides below $77,000, BNB drops amid Binance hack

BNB lost 7.1%, while Binance Co-CEO Yi He pledged that the exchange will cover all user losses resulting from the hack.
This story was originally published by The Block.

BNB lost 7.1%, while Binance Co-CEO Yi He pledged that the exchange will cover all user losses resulting from the hack.
This story was originally published by The Block.
Specified Snowflake and Databricks tables passed checks, while BigQuery backfills and account recovery requirements remain.
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.
Blockaid’s Ido Ben-Natan suspects attackers manipulated Binance’s transaction-signing infrastructure, drawing parallels with the Bybit hack.
Stablecoin issuers, including Tether, Circle, Ripple, and World Liberty Financial, have frozen more than $2.6 billion in digital assets linked to a suspected Binance security breach involving nearly…
Cryptocurrency exchange Binance is investigating a potentially record-breaking security breach after blockchain analysts detected nearly $6 billion in suspicious outflows across multiple networks.
Bitcoin and Ether tumbled as the broader crypto market fell 3.3%, with reports of suspicious multibillion-dollar transfers from Binance-linked wallets fueling uncertainty.