Binance News
South Korea considers 99% cold storage rule for crypto exchanges
South Korean financial authorities are considering raising the mandatory share of customer crypto assets held in cold wallets from 80% to 99% following the Binance hack. Industry ...
Binance net inflows turn positive as exchange restores withdrawals after hack
Customer flows at Binance swing back into positive territory after the crypto exchange resumes withdrawals following last week's major security breach. The platform records $2.3 billion in net ...
Binance says finances remain strong after $6.3 billion crypto heist
Customer flows at Binance are stabilising after the exchange was hit last week by a $6.3 billion cyber theft that sent shockwaves through the crypto industry. The company says most affected tokens ...
Binance re-enables withdrawals on Bitcoin, Ethereum, and other major networks
Binance announced that withdrawals have been re-enabled for selected networks and assets following a recent security incident, with some services restored for networks including Bitcoin, Ethereum, ...
Binance reports deposits surpass withdrawals in latest user activity update
Binance reported that as of 03:00 UTC, hourly deposits began to outpace withdrawals, indicating a change in user transaction activity and more balanced platform flows.Binance announced an update ...
Binance begins phased restoration of crypto withdrawals after security checks
Binance announced that withdrawals have been partially restored for several assets and networks, including ETH-based tokens such as RLUSD, USD1, TUSD, FDUSD, and XUSD, with additional assets to be ...
Binance begins second withdrawal phase after record crypto hack
Binance is starting a second phase of cryptocurrency withdrawals on Tuesday as it continues recovery efforts after last week’s $6.3 billion hack. The expanded reopening covers additional ...
North Korea denies involvement in Binance hack
North Korean authorities have denied involvement in the largest cryptocurrency hack in history, which resulted in Binance losing approximately $6.3 billion. Moreover, Pyongyang has challenged the ...
Tether freezes $1.5 billion tied to Binance hack, intensifying crypto compliance focus
A rapid response to the 29 October Binance hack puts one of the digital asset sector's biggest anti-crime interventions at the center of scrutiny over sanctions enforcement and exchange security. ...
Binance completes proof of reserves update after hack, targets wider withdrawal recovery
After last week's record crypto hack, Binance says it has completed a new zero-knowledge proof of reserves snapshot as it works to stabilize customer access to funds. The exchange says about 95% ...
Binance issues scam alerts as phased withdrawal process restarts
Binance announced that withdrawals are resuming in phases and warned users about increased scam activity during this period, including potential impersonation attempts via direct messages, emails, ...
Binance deploys half of SAFU bitcoin reserves after record hack
Binance's disclosed emergency Bitcoin wallet holds about half its previous balance after the exchange uses part of its user protection fund to absorb losses from last week's $6.3 billion hack. The ...
Binance hackers convert stolen Solana into Bitcoin
Hackers who stole $6.3 billion from Binance have begun swapping stolen Solana tokens for Bitcoin. Meanwhile, most of the funds have already been moved out of wallets on the Tron network that ...
Binance theft laundering shifts to Solana-to-Bitcoin swaps as investigators track funds
Efforts to move assets from the record Binance crypto theft are broadening after freezes blocked part of the haul and squeezed activity on Tron. Investigators say attackers are now swapping stolen ...
Binance unveils promotion featuring 100 USDC rebate vouchers and 20 million USDC distribution
Binance launched a campaign offering eligible users a 100 USDC Spot fee rebate voucher, participation in a 20,000,000 USDC distribution, and the opportunity to earn up to 10% APR.Binance announced ...
OKX leads crypto exchange inflows as Binance outflows top $7 billion after hack
Crypto exchange flows are shifting after Binance resumes withdrawals following a record $6.3 billion hack. OKX attracts about $445 million in net inflows over 24 hours, while Binance records the ...
Binance expands fiat withdrawal options to include USD, AED, VND, PHP, and IDR
Binance has updated its fiat withdrawal options, adding USD, AED, VND, PHP, and IDR to its list of available currencies.Binance announced that fiat withdrawals are now available for several ...
Binance customers withdraw $5.8 billion in wake of hack
Cryptocurrency exchange Binance has experienced massive outflows following a cyberattack that resulted in the theft of $6.3 billion. Net outflows from the platform reached $5.8 billion over the ...
Binance hack wallets draw scam pitches and pleas as 18,270 BTC remain idle
Days after the stolen bitcoin stopped moving, the wallets linked to the Binance hack are still receiving tiny inbound payments carrying public messages from strangers. The notes range from pleas ...
Bitcoin nears $79,000 as crypto markets steady after Binance hack
Risk appetite is returning to Asian trading at the start of the week, helping bitcoin extend gains toward the $79,000 level after a sharp technology-led selloff in U.S. equities. The rebound comes ...
U.S. spot bitcoin ETFs post biggest daily outflow in four months after Binance hack
Crypto fund flows come under pressure after a record theft at Binance rattles market sentiment and prompts investors to cut risk. U.S. spot bitcoin ETFs record $643.3 million in net outflows on ...
