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CryptoSlate

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Tracked Binance wallets record $2.5 billion in outflows as withdrawals reopen after hack
Crypto1h ago

Tracked Binance wallets record $2.5 billion in outflows as withdrawals reopen after hack

Binance's tracked cryptocurrency wallets recorded $2,510 million in net outflows on Nov. 1 after the exchange resumed withdrawals following its $6.3 billion security breach. According to DeFiLlama data, the outflows included approximately $1,083 million in USDT, $912 million in Bitcoin, $385 million in USDC and $131 million in wrapped Ethereum. These outflows coincided with Binance's… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Cat

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Bitcoin redemption freeze puts $136 million Aave market under scrutiny
Crypto4h ago

Bitcoin redemption freeze puts $136 million Aave market under scrutiny

Borrowers can repay or add other eligible collateral, but Aave withdrawals do not reopen Threshold’s paused Bitcoin redemption route. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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OneKey founder warns BlackRock’s Bitcoin ETF could be a North Korean target
Crypto5h ago

OneKey founder warns BlackRock’s Bitcoin ETF could be a North Korean target

North Korean hackers could target BlackRock's $62 billion Bitcoin exchange-traded fund (ETF), crypto wallet maker OneKey founder Yishi Wang warned. “I suspect IBIT is already on North Korea's shortlist,” Wang said, following the $6 billion Binance hack that US authorities attributed to North Korea's TraderTraitor operation. The warning puts fresh attention on Coinbase, which serves… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catal

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Japan’s central bank will sell ETFs 2.6 times faster and could still take 43 years to exit
Crypto6h ago

Japan’s central bank will sell ETFs 2.6 times faster and could still take 43 years to exit

Japan's central bank has decided to sell its stock funds about 2.6 times faster than usual, reducing the estimated time needed to dispose of them from 112 years to 43. If you're wondering why such a supercharged exit still stretches across more than four decades, it's because the Bank of Japan is trying to undo… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Zero-token withdrawals let a hacker drain 97 million CORE from Bitcoin staking platform b14g
Crypto9h ago

Zero-token withdrawals let a hacker drain 97 million CORE from Bitcoin staking platform b14g

Bitcoin staking platform b14g suffered a $1.47 million exploit on Oct. 31, losing approximately 97 million CORE tokens. The attacker drained 91 staking positions in a single transaction by submitting withdrawal requests for zero CORE, according to an investigation by blockchain analytics firm Bitquery. The staking platform confirmed the unauthorized withdrawals and said it had… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst i

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FBI blames North Korea for $6 billion Binance hack, urges THORChain to block stolen funds
Crypto10h ago

FBI blames North Korea for $6 billion Binance hack, urges THORChain to block stolen funds

The US Federal Bureau of Investigation (FBI) has blamed North Korea's TraderTraitor operation for stealing more than $6 billion from Binance. In an Oct. 31 security alert, the agency attributed the Oct. 29 attack to North Korean cyber actors, providing official US government confirmation of the perpetrators behind one of history's largest cryptocurrency thefts. The… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid
Crypto11h ago

AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid

Bitcoin miners spent years securing cheap electricity, building substations, and negotiating the grid connections needed to power their operations. Now AI companies want those connections so badly they're willing to make aging mines valuable real estate. The ASICs that mine Bitcoin are practically useless for training AI models, but the land, substations, and power agreements… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in

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