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Kim Jong Un and North Korea Memes Flood X After Binance’s $6.3B Hack

Crypto Twitter on the social media platform now called X has found its latest villain-turned-comedian in Kim Jong Un. Following the colossal Binance breach, images of the North Korean dictator celebrating an imaginary payday have spread across nearly everyone’s timeline. Beneath the digital mockery lies a considerably darker financial story involving hundreds of suspected cyberattacks, […] from Bitcoin News https://ift.tt/eWC3p27
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Bitcoin ETFs Lose $643M After Binance Hack Ends 4-Day Inflow Run

Bitcoin ETFs suffered $643.33 million in net outflows Friday, wiping out four consecutive days of inflows and pushing the week into negative territory. Ether and solana also faced heavy redemptions as the Binance hack triggered a fresh bout of risk aversion across crypto markets. Blackrock, Fidelity Lead $643M Bitcoin ETF Selloff Four days of steady […] from Bitcoin News https://ift.tt/tAbSk4D

CFTC and US Lawmaker Offer Two Different Answers to Binance’s $6.3B Hack

A $6.3 billion crypto heist has handed Washington a fresh regulatory fight. One federal watchdog wants exchanges to volunteer for oversight, while a Republican senator argues Congress already missed its chance to give the industry stronger defenses against thieves. CFTC Chair Selig Pushes Federal Registration After Binance Theft The Oct. 29 Binance breach, reportedly involving […] from Bitcoin News https://ift.tt/47eGDCt

Binance Says BTC, ETH, XRP and 7 Other Cryptos Fully Backed After Hack

Binance said 10 cryptocurrencies were fully backed after replenishing 90% of stolen assets. The exchange is sourcing less liquid tokens to close the remaining shortfall while targeting a Sunday withdrawal restart. 10 Cryptos Fully Backed as Binance Narrows Shortfall Binance reported progress replacing stolen assets in its third security incident update on X on Oct. […] from Bitcoin News https://ift.tt/aNSGucO

Gate CEO Calls for Crypto Security Alliance After $6.3B Binance Hack

Lin Han, founder and CEO of Gate, has called for the formation of a cryptocurrency security alliance to standardize procedures to prevent and eventually deal with the aftermath of security incidents similar to the $6.3 billion hack that Binance faced on Thursday. Gate CEO Calls for Global Security Alliance to Secure The Crypto Industry Following […] from Bitcoin News https://ift.tt/nqXyJHV

Tokenized Stocks Hit $3.84B as Apple, Microsoft Move Onchain

The tokenized-equity market has climbed to roughly $3.84 billion as major U.S. stocks increasingly move onto public blockchains. Base is putting companies including Apple, Alphabet, Microsoft, and Amazon onchain, turning earnings season into a real-time test for programmable equities. Coinbase Pushes Tokenized Stocks Deeper Into DeFi on Base Wall Street’s earnings season is starting to […] from Bitcoin News https://ift.tt/Qj91ka5

Coinbase Denies Platform Intrusion as Vendor Data Leak Emerges

Coinbase is facing fresh security questions after a breach at analytics provider Amplitude exposed customer contact information, while unverified claims put the number of affected users above 70,000. The exchange insists its own systems and customer funds remain untouched. Coinbase Denies Direct Breach as 70,000-User Claim Circulates This week, Coinbase acknowledged a security incident involving […] from Bitcoin News https://ift.tt/HeMa4AE