Tag: AltcoinGordon

The exchange will reopen withdrawals in phases, starting with the Bitcoin network, following a heist that drained billions from its reserves. Binance is preparing to resume withdrawals for users following a hack that resulted in losses of $6.3 billion, according to reporting from The National Business.

Former Binance CEO Changpeng Zhao offers his view on the market's muted reaction to a major exchange breach. A reported $6.3 billion hack targeting Binance has raised questions about why Bitcoin's price did not fall more sharply in response.

Solana-based stablecoin businesses can now tap Polygon's infrastructure to settle payments through US banking rails. Polygon Labs has opened its stablecoin payment infrastructure to Solana-based businesses, according to reporting from Cryptopolitan, NewsBTC and CoinTurk News. The expansion lets companies building stablecoin products on Solana route payouts through US banking rails using Polygon's existing framework.

The oracle provider is inviting security researchers to probe its smart contracts for vulnerabilities in exchange for sizable payouts. RedStone, a provider of blockchain oracle infrastructure, has launched a bug bounty program that offers payouts of up to $250,000 for disclosed vulnerabilities.

An ETF outflow total and a stablecoin issuer's profit figure are each reported two incompatible ways, and neither conflict has a primary document to settle it. An ETF outflow total and a stablecoin issuer's profit figure are each reported two incompatible ways, and neither conflict has a primary document to settle it.

The Chinese-listed firm's approval follows a security breach at Binance, raising fresh questions about corporate crypto treasury risk. Next Technology Holding has secured internal approval to potentially liquidate a large portion of its Bitcoin treasury. CryptoBriefing reported the figure at $450 million, while The Cryptonomist put the approved amount at $449 million.

The anniversary of Satoshi Nakamoto's founding document lands alongside fresh scrutiny of how exchanges and custodians safeguard digital assets. Eighteen years ago, on October 31, 2008, an individual or group using the pseudonym Satoshi Nakamoto published a nine-page document describing a peer-to-peer electronic cash system.

The blockchain analytics firm that tracks crypto hackers says it was targeted by an AI agent-driven intrusion. Chainalysis has confirmed that it was the target of a cyberattack driven by agentic artificial intelligence. The firm disclosed the incident on October 31, according to reports from CoinGape and BeInCrypto.

The rollout comes as the project prepares to gather developers and community members at its upcoming summit. Pi Network has rolled out four developer updates in the days leading up to its ecosystem summit, according to reports from CryptoPotato and crypto.news. Both outlets confirmed the timing, framing the updates as preparation for the November gathering.

The company says attackers accessed customer names and email addresses in the breach. Chainalysis has disclosed a cyberattack that exposed customer names and email addresses. The company is known for supplying blockchain tracing tools to governments, exchanges, and financial institutions worldwide.

BlockchainReporter and CryptoBriefing both cover the October 30 Bitcoin ETF outflows following the Binance hack, but report different total figures and disagree on whether BlackRock's IBIT had even reported a number. BlockchainReporter and CryptoBriefing both cover the October 30 Bitcoin ETF outflows following the Binance hack, but report different total figures and disagree on whether…

The former president's comments follow reports of a record-setting breach at the crypto exchange, stirring debate ahead of the election. Donald Trump has publicly flagged concerns about digital currency following a reported hack at Binance totaling $6.3 billion, according to Coinfomania and CoinGape.

Senator Cynthia Lummis points to pending market structure legislation as a potential tool against large-scale exchange breaches. Senator Cynthia Lummis has pointed to a major hack involving Binance as a reason to advance the CLARITY Act. She said the bill's proposed freeze mechanisms might have limited the scale of losses.

A technical pattern on XRP's chart suggests downside risk even as exchange supply data hints at reduced selling pressure. XRP is showing a mixed technical and on-chain picture heading into the end of October.

The DeFi lending protocol restored normal market activity while blocking new borrowing against a set of flagged assets. Aave, one of the largest decentralized lending protocols in crypto, has reopened markets that had previously been frozen. The move restores standard functionality, including deposits, withdrawals and loan repayments, across the affected pools.

A reported heist tied to Binance has prompted fresh scrutiny of exchange custody practices and investor protections. The National Business reported on October 31 that a heist connected to Binance has raised new regulatory and investment questions. The outlet's account places the incident within a broader pattern of security episodes affecting centralized cryptocurrency exchanges.

Most outlets report Tether's year-to-date net operating profit at $4.5 billion, but BitKE puts the same figure at roughly $10 billion. Most outlets report Tether's year-to-date net operating profit at $4.5 billion, but BitKE puts the same figure at roughly $10 billion.

The gap between Coinbase and global crypto prices has narrowed to levels not seen since the FTX collapse, according to CryptoQuant's CEO. The Coinbase premium has slid to a four-year low, according to data cited by multiple crypto analysts this week. The metric measures the price difference between Bitcoin on Coinbase, a major U.S.