Binance hackers raced to move billions before it could be frozen
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets.
Read Full Article on CoinTelegraphSummary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security
$3.6B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler’s Digest
Binance has reopened withdrawals following the world’s biggest ever hack, and THORChain co-founder argues it should not halt the protocol to comply with FBI demands.
Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline
While bitcoin prices have tumbled in the aftermath of the massive $6.3 billion Binance hack, miners closed October with their highest monthly revenue since November 2025. However, the leading crypto asset’s recent price deterioration has taken a considerable…
Crypto Weekly: Binance Hack Deepens Crypto Rout as Market Cap Falls to $2.7T
The cryptocurrency market ended October down 10%, with its total capitalization falling from $3 trillion to $2.7 trillion amid widespread losses. Bitcoin declined 3.3% in the final week, extending its year-to-date losses to 11%, while ethereum fell more than…