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  • Binance's Market Share Slides to 42% as Traders Move to OKX, Coinbase and Kraken After the $6.3B Hack
    Binance's share of spot trading on the top-10 crypto exchanges fell to about 42% over the past seven days, down from roughly 48% before the October 29 hack and about 51% in mid-August, according to Kaiko data reported this week. Rivals OKX, Coinbase and Kraken all gained share as traders spread their activity across venues in the week after the US$6.3 billion theft — the largest exchange...
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  • US Treasury Cuts MEXC Off From the US Financial System Over $16 Billion in Alleged Illicit Flows
    The US Treasury has cut crypto exchange MEXC Global off from the American financial system. On Friday, November 6, the Treasury's Financial Crimes Enforcement Network — FinCEN — issued an order that bars US financial institutions from processing any funds transfers involving MEXC, after alleging the exchange facilitated at least $16 billion in transactions linked to sanctions...
    135 Views
  • 🚨 BREAKING: US regulators are now checking in with banks after the record $6.3B Binance hack.

    The Federal Reserve and the OCC began calling US banks on Monday, asking whether they saw any unusual activity or service disruptions after the Oct 29 breach. One bank reported no disruptions so far, while banks run diagnostics to check they could withstand a similar attack.

    Binance says about $2.85B of the stolen funds has been frozen or intercepted, and the FBI has blamed North Korea's TraderTraitor group.

    #Bitcoin #Binance #CryptoNews #Fed #OCC #Crypto #Zimbuck
    146 Views
  • How Crypto Exchanges Protect Your Funds: Cold Storage, Proof of Reserves and Proof of Security Explained
    When around $6.36 billion was drained from Binance's hot wallets on October 29, 2026, every crypto trader asked the same question: how safe is my money on an exchange? The answer depends on something most users never check — how the exchange stores its coins. This guide explains the three layers that separate a well-run exchange from a risky one: cold storage, proof of reserves, and the...
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  • CHAINALYSIS HACKED: ALL USERS EXPOSED — Chainalysis — the blockchain analytics firm used by the FBI, banks and exchanges — says hackers exposed the names, usernames, password hashes and live login tokens of ALL its users. Some passwords were intercepted in transit, and some customer accounts were accessed without permission. Its key tools — KYT, Reactor and address screening — are now offline while accounts are locked and passwords reset. Chainalysis says there is no evidence its investigation data was touched. The breach was first disclosed on October 30; the scope widened this week. #Chainalysis #Crypto #CyberSecurity #Hacking #Blockchain #Finance #Zimbuck — Join the conversation on Zimbuck — the finance social platform for traders & investors: https://zimbuck.com
    351 Views
  • Binance Traces Its $6.34 Billion Hack to a Fake Job Interview — and Warns of the Scams Riding on It
    Binance has now told the full story of how the largest crypto theft in history happened — and it did not start with a broken blockchain or a leaked private key. It started with a fake job interview. In its first incident report, published November 3, 2026, the exchange describes a months-long campaign that compromised three engineers' computers before a single coin moved, and then drained...
    186 Views
  • How to Spot a Crypto Phishing Scam: Fake Support, Fake Airdrops and the Red Flags That Give Them Away
    Nobody breaks into a crypto exchange by guessing a password. They trick a person. The largest crypto theft on record — about $6.3 billion taken from Binance's hot wallets on October 29, 2026 — began months earlier with a fake job interview and a tampered software download. The same tricks are aimed at ordinary users every day, just in smaller packaging: a fake support message, a...
    189 Views
  • 🚨 BREAKING: The Binance hackers still hold $3.35 BILLION of the stolen crypto, Elliptic's November 5 update reveals.

    Key facts:
    💰 $3.35B remains in attacker-linked wallets, mostly ETH and BTC — up from $3.21B a day earlier
    🧊 $2.85B of the $6.43B haul has been frozen or seized
    ₿ About 900 BTC (~$72M) now sits in new bitcoin addresses — nearly double the figure a day earlier
    🔗 Around 12,200 ETH ($29M) was moved through THORChain into bitcoin by Nov 4
    🔒 Privacy Cash paused deposits on Nov 4 after ~$1.2M of the loot hit its privacy pools; withdrawals stay open
    🕵️ The FBI has attributed the Oct 29 heist — the largest crypto theft on record — to North Korea's TraderTraitor group
    🏦 Binance says it has replenished about 98% of affected user assets and is gradually restoring withdrawals

    Source: Elliptic, November 5, 2026.

    #Binance #CryptoHack #Bitcoin #CryptoNews #Blockchain #Zimbuck
    215 Views
  • Binance Reopens Withdrawals for 62 Tokens as Recovery Hits 98% After the $6.3B Hack
    On November 5, Binance began reopening withdrawals for 62 tokens across six networks — 69 network-asset pairs in total — starting at 04:00 UTC. It is the next big step in the exchange's recovery from the $6.3 billion hack on October 29, and the first time since the attack that large numbers of customers can move their funds off the exchange again in an orderly, phased way. Access...
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  • US Regulators Checked Banks After the $6.3B Binance Hack — What the Fed and OCC Asked
    The $6.3 billion Binance hack on October 29 did not stay a crypto story for long. On November 5, Reuters reported that US regulators — supervisors from the Federal Reserve and the Office of the Comptroller of the Currency (OCC) — contacted banks from Monday morning to check whether their systems had any vulnerabilities after the attack, and to ask whether they had seen any unusual...
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  • Binance Has Listed Nothing Since October 29 — What the Quiet Listing Board Says After the $6.3 Billion Hack
    For six days, the world's largest crypto exchange has added nothing new. Binance's last new spot listing was PREDICT, which opened for trading on October 30, and since then the listing board has stayed quiet while the exchange repairs the damage from the October 29 hack. In a market where a single listing notice can move a token more than 20% in hours, that silence is itself the story —...
    343 Views
  • Binance Loses Trading Share to OKX, Coinbase and Kraken After the $6.3 Billion Hack
    Binance survived the largest crypto hack on record — and still lost ground. In the seven days after the October 29 theft of about $6.3 billion from its hot wallets, Binance's share of spot trading on the market's top-10 platforms fell to about 42%, down from around 48% before the hack and roughly 51% in mid-August, according to Kaiko data reported on November 4. Rivals moved the other...
    274 Views
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