Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

Binance co-CEOs He Yi, Richard Teng, and Chief Security Officer Jimmy Xu responded to the major security incident that occurred on October 30 on Binance's public space.

No exchange would want a piece of the stock market pie, but Upbit is still blocked by regulators and can only rely on continuously listing new coins to maintain its traffic.

Binance has stopped all dealings with MEXC after the US Treasury named the exchange a primary money laundering concern. The US says MEXC processed at least $16 billion in suspicious transactions since May 2021, though investigator ZachXBT thinks that figure is overstated.

Binance has warned iPhone users that an iOS flaw called "worse_query" could let rogue apps read other apps' files, including crypto seed phrases and private keys. Apple has issued updates, but it has not said whether they fix it.

Binance, private keys, network security, Binance hot wallet uses MPC: Why were attackers still able to transfer assets? Jinse Finance, private keys not leaked, yet assets were transferred: Why did the MPC defense fail?

For just US$15 in network fees, hackers who had tricked a Binance engineer into installing malicious code gained control of a hot wallet and drained about US$2.5 billion in a single transaction. The access stayed active on the blockchain even after Binance reacted, and the theft eventually reached US$6.3 billion.

North Korean hackers behind the $6.3 billion Binance theft created six worthless meme coins and used them to move about $430,000 of stolen funds, making the money look like normal trading profit. Blockchain firm Elliptic traced the activity, which follows the same method used after last year's Bybit hack.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

Hackers linked to North Korea stole $6.3 billion from Binance and are now moving some of it through Chinese money-laundering networks, with hundreds of thousands of dollars already traced there. About $3 billion has been frozen, but close to $1 billion has started moving through laundering channels.

Binance founder Changpeng Zhao (CZ) reviewed the response after the incident, the status of user funds and withdrawals, and the assistance provided by Tether, Circle, law enforcement agencies, and other industry participants in freezing and tracking the stolen funds.

Binance suspended withdrawals for about 56 hours, and trading volume shifted to platforms such as OKX, but funds did not migrate on a large scale simultaneously.

Coinbase says it was not hit by the $6.34 billion Binance hack and that over 99% of customer assets sit in offline cold storage, with split keys, transfer limits and kill switches guarding the rest. Binance's attackers got in by targeting two engineers with a fake job interview and a tampered download, which shows that protecting keys alone does not stop unauthorised transfers.

Based on historical experience, the recent attack on Binance and the theft of Bitcoin will not have a lasting impact on the market. This conclusion precisely reflects the core characteristics of Bitcoin.

Initial reports of the $6.34 billion theft from Binance point to a fake interview, which North Korea denies, but the real mystery lies in the attackers' ten-day infiltration.

The key to the $6.36 billion theft from Binance was not the leak of private keys, but the signing of 50 EIP-7702 delegated authorizations in the signature system.

Attackers stole about $6.3 billion from Binance's hot wallets, and South Korea's financial regulator has told local exchanges to tighten security and keep more customer funds offline. It is also considering lifting the cold wallet minimum from 80% to as much as 99%, though smaller exchanges warn this could slow withdrawals.

An unidentified European Union entity is suspected of losing more than $106 million from accounts held across multiple centralized crypto exchanges, just days after hackers stole billions of dollars from Binance in one of the industry's largest-ever heist.

South Korea considers establishing a national cybersecurity authority after the $6.3 billion Binance hack. The proposal highlights growing cyber threats, AI-enabled attacks and the need for stronger public-private cooperation.

The hackers spent nearly five months penetrating everything from engineers' personal computers to the exchange's core wallet system.

Binance, wallet, hacking attack, how much trouble can working people cause? Binance was hacked because an employee secretly conducted interviews. Jinse Finance, now, the most curious thing is how Binance will deal with the working person who caused the trouble?

Binance released an updated report on the preliminary investigation results and response measures for the security incident on October 29, disclosing the attack process in which approximately $6.3 billion in assets were stolen.

When traditional finance builds markets on the blockchain, regulators begin to affirm the transparency of the blockchain, and CEXs also use verifiable on-chain methods to prove themselves, it may become difficult to distinguish winners by whether they are CEXs or DEXs.

Grayscale believes the Binance asset theft will drive exchanges to continuously improve their security mechanisms. At the same time, the incident highlights the importance of institutional custody, with US-based crypto ETPs being a prime example.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3232, providing you with the latest and fastest news on the digital currency and blockchain industry.

We need to assess whether the Binance hack is a short-term shock or a long-term threat by examining its business model, corporate culture, and pricing.

North Korea has rejected allegations that it was behind the $6.3 billion cryptocurrency theft from Binance, pushing back against the FBI's attribution of the record-breaking attack to a North Korean-linked hacking group.

On October 29th, Binance suffered a major security incident, with approximately $6.3 billion in crypto assets being transferred without authorization. Following this, multiple other security incidents were reported in the crypto industry, involving exchanges, Bitcoin payment tools, DeFi protocols, and project websites…

North Korea has denied the FBI's claim that its hackers stole more than $6 billion from Binance, calling the allegations a political provocation. Pyongyang also tested new cruise missiles fitted with cluster warheads as tensions with the US continued to rise.

Accountable Centralization: The Binance $6.3 Billion Incident and the Reconstruction of the "Decentralization-Centralization" Binary Narrative.

Binance suffered a $6.3 billion asset theft, and the hackers' desperate actions backfired, turning the situation into a "cash cow" for arbitrageurs. Eager to unload their assets, the attackers forcibly swapped currencies at any cost, leaving price discrepancies across various blockchains and platforms. Institutional arbitrageurs profited overnight from the other side of the hackers' transactions.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3231, providing you with the latest and fastest news on the digital currency and blockchain industry.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

The $630 million theft from Binance exposed the risks of signature systems. Among the four perpetual DEXs—Lighter, Hyperliquid, Aster, and Variational—only Lighter allows you to withdraw your funds automatically when the team is unreachable.

Binance has replenished approximately 95% of the assets stolen in a record-breaking $6.3 billion cryptocurrency hack, but the exchange's recovery remains incomplete as some customers continue to face restrictions on withdrawing their funds.

The FBI has issued a statement identifying North Korea as responsible for the theft of over $6 billion in crypto assets from Binance and referring to the malicious cyber activity as TraderTraitor.

The $3.6 billion net outflow represents only 2% of its assets under management. Binance co-CEO He Yi stated that some of the transfers occurred between internal Binance wallets and were not all from customer withdrawals.

The FBI linked North Korea to the $6 billion Binance hack and urged crypto firms to block transactions tied to the stolen funds. Binance has replaced 90% of the assets, while stablecoin issuers froze over $2.4 billion.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3230, providing you with the latest and fastest news on the digital currency and blockchain industry.

Binance, cryptography, hacking, valid signature does not equal genuine intent: the next step for the cryptography industry from the Binance $6.3 billion incident. Golden Finance: We've taught machines how to sign, but we haven't taught them why they sign.

On November 1, the FBI issued a statement attributing the $6.3 billion theft from Binance on October 29 to North Korea. The statement used the term "TraderTraitor."

This guide will explain what EIP-7702 is, how it works, why developers need it, and how attackers used it in the largest cryptocurrency theft on record.

Elon Musk, Changpeng Zhao, Binance; Musk seemingly subtly criticizes Binance; Binance hack alarms Trump; Intel stock price plummets; former Intel engineer posts article; Jinse Finance: What have KOLs on X been talking about in the past 24 hours?

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

The hot wallet was emptied by EIP-7702 authorization, freezing approximately 3 billion and resulting in a net loss of approximately 1 billion. The key is whether SAFU can cover the losses and restore trust.

Binance's hot wallet saw an outflow of approximately $6.3 billion within 55 minutes, with stablecoin issuers freezing about $3 billion, putting pressure on both reserve coverage and custody security.

Binance's hot wallet was emptied by EIP-7702 bulk authorization, resulting in the outflow of approximately $6.3 billion. The attackers did not steal the private keys but bypassed the internal signature process.

Binance was hacked on October 29, affecting approximately $6.3 billion in assets. The core issue was not the leakage of private keys, but rather the loss of control over the signature authorization process.

If centralized exchanges cannot guarantee asset security, is it still necessary for users to entrust large amounts of assets to CEXs for safekeeping?

Several industry insiders have pointed out that the theft may have been committed by North Korean hackers.

Binance announced that the total impact of the incident is estimated at approximately $6.3 billion. It is worth noting that this incident occurred during the "Black October" cyberattack wave, and the emergence of new attack methods driven by AI technology is considered a significant contributing factor.

Futu discovered that clients it had cultivated over the years might just be becoming new Binance users. A competitor that wasn't originally on the brokerage's list was now trying to steal the same business.

Attackers only need to find one vulnerability, while defenders must patch all of them. When hacking groups are equipped with AI tools, this math problem becomes unfriendly to all centralized platforms.

Hackers stole billions from Binance, which froze about US$3 billion and halted withdrawals. The exchange estimates the impact at US$6.3 billion and says it will cover all losses.

The growth rate of security investments by crypto companies still cannot keep up with the pace of hacking technology and AI development.

A 40-minute heist that didn't involve "stealing private keys" has thrust Binance into the center of the largest security incident in crypto history. The reverse exploitation of the EIP-7702 authorization mechanism exposed the vulnerabilities of the exchange's signature infrastructure and risk control response chain.

Everyone thought that exchanges were the top predators in the crypto food chain, but it seems that exchanges are also working for hackers.

In the early hours of October 30, Binance experienced a major security incident. Attackers were suspected of using the Ethereum EIP-7702 authorization mechanism to control wallets, rather than simply stealing private keys. Approximately $5.643 billion in assets from associated wallets were lost.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3227, providing you with the latest and fastest news on the digital currency and blockchain industry.

Solana displayed its brand on Shanghai’s Citigroup Tower and opened a local office as it expands its developer network in China despite strict cryptocurrency restrictions. Binance founder CZ expressed surprise at Solana’s ability to advertise and establish an office in China, noting that BNB Chain has yet to achieve similar visibility.

Binance is merging AI and crypto trading together with the launch of Binance AI Pro, a trading agent that allows users to describe strategies in ordinary language and have artificial intelligence turn those instructions into automated trading workflows.

Binance Pay now lets eligible overseas visitors spend cryptocurrency at more than 10 million PayPay-affiliated merchants across Japan through the HIVEX payment network. Merchants receive payments in Japanese yen, while Binance users can pay directly from their crypto balances without converting funds into yen first.

Binance Wallet has launched Pre-Access campaigns on PancakeSwap, giving eligible users tokenised exposure to private companies before they go public.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3188, providing you with the latest and fastest news on the digital currency and blockchain industry.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.