Binance Hack Rattles Crypto Markets – BNB Drops 8%

TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and Ethereum fell below $2,300. More than $1.5 billion in leveraged positions were liquidated as investor sentiment weakened. Binance pledged to cover customer losses and confirmed that approximately $3 […]

Binance Hack Shows How One Ethereum Permission Drained $2.5 Billion

TL;DR Binance hack shows an attacker reportedly used Ethereum’s EIP-7702 authorization feature to drain approximately $2.5 billion from Binance’s Ethereum hot wallet. The attacker gained the ability to move funds without repeatedly requesting individual transaction approvals. The incident forms part of a wider Binance security breach estimated at $6.3 billion. Binance suffered one of the […]

THORChain’s RUNE Rallies as Binance Hack Funds Move Through Protocol

TL;DR: THORChain’s RUNE token climbed more than 13% to $0.67 after Binance confirmed a $6.3 billion security breach. The price increase came as on-chain investigators reported that funds connected to the Binance and Bitget hacks had passed through THORChain, bringing renewed attention to the protocol’s role in cross-chain cryptocurrency transactions. THORChain’s native RUNE token recorded […]

Coinbase Q3 Earnings Show 66% Profit Jump as Prediction Markets Grow

TL;DR: Coinbase reported $719 million in net income for Q3 2026, marking a 66% increase year over year. However, total revenue declined 35% to $1.22 billion, while prediction markets generated more than $200 million in annualized revenue as the exchange expanded beyond traditional crypto trading. Coinbase reported a significant increase in third-quarter net income, returning […]

Trezor Issues Safe 5 Warning as Hardware Implant Raises Security Concerns

TL;DR: Trezor issuses Safe 5 warning and urged customers who purchased hardware wallets through CryptoBilis since March 2026 to transfer their funds to a new device. The warning follows a disclosure alleging that a Safe 5 wallet contained a hidden cellular implant capable of capturing recovery phrases. Hardware wallet manufacturer Trezor has issued a security […]

XRP Ledger Proposes 4 Fixes for Restricted Token Rules

TLDR XRP Ledger developers have proposed four fixes to close gaps in issuer approval requirements for restricted tokens. The changes would strengthen checks on trading pool shares and token transfers, preventing unapproved accounts from acquiring restricted assets through exceptions. Holders without approval would generally only be able to return affected tokens to the issuer, unless […]