WH News
The cryptocurrency exchange Binance has started to allow its customers to withdraw their funds from the platform, as it recovers from a record $6.3bn (£4.7bn) hack. The FBI confirmed that North Korea was responsible for the theft of more than $6bn in virtual assets from the exchange on October 29.
The FBI has linked North Korea to the theft of a record $6.3bn in virtual assets from cryptocurrency exchange Binance. Malicious actors from North Korea were observed laundering the stolen assets by converting them primarily into the cryptocurrency Ethereum, the FBI said in a statement on Saturday.
A U.S. blockchain intelligence firm has attributed a record $6.36 billion cryptocurrency theft from Binance to North Korean hackers, according to a report by Yonhap.
Binance, the world’s largest cryptocurrency exchange, said it suffered a $6.3 billion hack, with North Korea-linked hackers identified as the likely perpetrators. The company pledged to cover all losses using its Secure Asset Fund for Users (SAFU) and company funds. Co-CEO Richard Teng said: “Bottom line – your money is safe, and we’re covering every loss.”
Cryptocurrency is increasingly linked to far-right groups, with activists using Bitcoin for fundraising and billionaire donors supporting political causes. According to Al Jazeera.
Neither the US nor Iran launched strikes for a second consecutive day, according to reports on Sunday, amid hopes of renewed diplomacy.
Adam Back, a prominent British cryptographer, has denied being the elusive Satoshi Nakamoto, the creator of Bitcoin, as a long-lost email from 2007 resurfaces, reigniting speculation about his role in the cryptocurrency’s early development.
Ethereum whales have accumulated $235 million worth of ETH amid a price dip, signaling strong conviction despite a weakening network.
Bitcoin hovers above key support levels as market participants watch for signals from technical indicators and institutional players like MicroStrategy.
Ethereum co-founder Vitalik Buterin calls the blockchain a 'sanctuary technology,' emphasizing its role as a decentralized, open-source platform for digital freedom.
Wells Fargo has filed a trademark for a dollar-backed digital asset called WFUSD, signaling its entry into the stablecoin market.
DDC Enterprise Limited has added 50 BTC, now holding 2,118 Bitcoin in its treasury strategy.
Hyperliquid's largest Ethereum long position has seen its unrealized loss shrink to $10.35M, with the position valued at $230M.
Trump's cyber strategy vows to support the security of cryptocurrencies and blockchain, aligning with the administration's push for U.S. leadership in emerging tech.
Pepeto targets 537x returns as Aave seeks $50M and Bitcoin Hyper builds Layer 2 infrastructure.
Vancouver city staff has recommended dropping Mayor Ken Sim's Bitcoin motion due to legal barriers, citing provincial law that does not recognize cryptocurrency as a valid investment.
Bitcoin has entered one of its most oversold weekly ranges in history, according to K33, with no compelling reason to continue selling.
Bitcoin remained resilient despite a U.S. government transfer and ongoing Middle East tensions, with its price dipping only slightly over the past 48 hours.
Hong Kong and Shanghai are launching a blockchain initiative to transform trade finance, aiming to reduce costs and improve efficiency.
Ethiopia's National Bank bans birr-paired crypto transactions, citing risks like volatility and fraud.
Bitcoin traders are predicting a potential climb to $74,000 despite rising tensions in the Middle East.
