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Explained
Our longest stories: the biggest events, explained with data, background and every source linked.
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Hacks & Security
Binance net outflows reach $3.64B after $6.3B hack as withdrawals resume
Binance processed $4.65B in withdrawals and $1.01B in deposits over nine and a half hours, leaving about $3.64B in net outflows, according to the reports.
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Hacks & Security
Binance hacker moves $46M in stolen SOL through Relay in bitcoin pivot
Lookonchain traced roughly half of a 970,522 SOL holding through a cross-chain swap service, though public records do not confirm completed bitcoin purchases.
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Technology
Nvidia and Nike join 50 issuers opposing OKXICE stock tokens
The OKX, ICE venture's objector list rose from 26 to 50 in four days, adding Nvidia and Nike to a fight over 24/7 tokenized equities.
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Altcoins
Ripple unlocks 1 billion XRP in November escrow release
Ripple's monthly token unlock went live on November 1, putting 1 billion XRP into circulation as part of its ongoing escrow program.
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Technology
OneKey founder warns older iPhones are unsafe for crypto seed phrases
Yishi Wang says BootROM flaws in the iPhone 11 and earlier cannot be patched by iOS updates, and exposed users should move to new wallets.
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Hacks & Security
Binance begins phased withdrawal restart after $6.3 billion breach
Binance says withdrawals will return gradually across 15 networks, starting with major assets, after a $6.3 billion security breach.
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Technology
Anchorpoint brings Hong Kong dollar stablecoin to Solana blockchain
Standard Chartered-backed Anchorpoint partners with Solana Foundation to expand HKDAP access to retail users.
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Hacks & Security
Nasdaq-listed Next Technology authorizes sale or pledge of 5,833 BTC
The board cited Binance's security incident, exchange vulnerabilities and quantum computing, though none of its bitcoin was held on Binance.
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Hacks & Security
Bitcoin ETF inflows hit $441M, then Binance hack sparks $643M outflow
Bitcoin ETFs added $440.73M over four days, then lost $643.33M Friday after the Binance hack, turning the week negative.
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ETFs
Bitcoin ETFs record $643m outflow, largest since June
U.S. spot Bitcoin funds saw their biggest single-day redemption in months as selling erased a week of gains.
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Hacks & Security
Chainalysis confirms agentic AI-driven cyberattack exposed customer data
The blockchain analytics firm says names, emails, user IDs and role labels were exposed, while investigation records and credentials were not.
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Bitcoin
Bitcoin white paper turns 18 as focus shifts to security funding
The nine-page 2008 proposal has grown into a Wall Street asset and a government reserve, while its fee-based security model remains unresolved.
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Markets
Bitcoin slides as global markets sell off on AI and policy worries
Bitcoin fell to $77,328 as stocks, gold and silver also dropped, with traders weighing AI valuations, Fed uncertainty and a Binance security breach.
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Hacks & Security
Binance's $6.4 billion breach leaves bitcoin and ether under pressure
A record $6.4 billion theft from Binance hot wallets has weighed on crypto prices, triggered about $3 billion in frozen funds and drawn in U.S. law enforcement.
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Hacks & Security
Chainalysis flags novel laundering patterns in $6.4B Binance hack
Chainalysis says attackers used thousands of automated transactions to move stolen Binance funds and linked the $6.4 billion theft to North Korean hackers.
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Regulation
Texas brothers get 15 years for $8 million crypto kidnapping
Raymond and Isiah Garcia held a Minnesota family at gunpoint for more than nine hours and forced the father to transfer over $8 million in crypto.
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Hacks & Security
Binance's $6.3B hack becomes a pre-election political flashpoint
The record crypto heist has drawn comments from Trump, lawmakers and regulators as Binance pauses withdrawals and races to trace stolen funds.
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Exchanges
XRP reserves hit 2022 lows as bear flag signals potential further decline
Exchange outflows suggest accumulation, but technical weakness and institutional caution point downward.
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Bitcoin
Bitcoin whitepaper marks 18 years as custody debate resurfaces
Satoshi Nakamoto's nine-page proposal turns 18 with bitcoin a $1.55 trillion asset, days after a $6.3 billion Binance wallet breach.
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Exchanges
Westpac caps crypto exchange payments at A$10,000 a month
Australia's Westpac will apply a cumulative A$10,000 monthly ceiling to payments it identifies as going to crypto exchanges from Dec. 1, with no exemptions.
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Hacks & Security
Crypto market slides as Binance hack and Wall Street selloff hit BTC, ETH, XRP and BNB
Bitcoin tested its 200-day average near $76,400 as BNB, XRP and Ethereum fell amid a $6.3 billion Binance exploit and a sharp US stock selloff.
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Hacks & Security
Israel extradites alleged Nomad bridge exploiter to US over $2.8M theft
Alexander Block, formerly Alexander Gurevich, was handed to US authorities after Israel's Supreme Court rejected his arguments against extradition.
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Technology
Zcash developers propose ending ZCG funding, moving 50,000 ZEC
Zcash founder Zooko Wilcox and cryptographer Sean Bowe back a plan to halt block reward funding for the grants program and donate half its treasury.
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Exchanges
Coinbase executives file plans to sell $2.2B in shares
CEO Brian Armstrong and two other insiders scheduled stock sales under SEC Rule 10b5-1 arrangements, with transactions set to begin later this year.