JUST IN: π°π· South Korea orders crypto exchanges to raise cold wallet holdings after Binance hack.
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SHORT NEWS
π¨ ICYMI: Binance got hacked for $6.3B last week, the largest theft in crypto history.
Hereβs how it unfolded:
> suspicious wallet transfers flagged on Oct. 29
> Tether and Circle freeze over $2.36B
> Binance pauses withdrawals, pledges to cover all losses
> Aave freezes markets after attacker borrows $44.6M
> total frozen assets reach $3B
> Binance confirms $6.3B stolen
> initial findings point to a compromised engineerβs laptop
> investigators link attack to North Koreaβs TraderTraitor
> Binance uncovers additional breach points
> reserves $6.34B to cover losses, including $5B in matching tokens
> Blockaid warns EIP-7702 may have helped bypass safeguards
> FBI and Secret Service join recovery efforts
> Aave reopens markets, confirms contracts unaffected
> US politicians clash over regulation
> Binance reports 90% replenished by Oct. 31
> replenishment reaches 95% on Nov. 1
> withdrawals begin reopening across 15 networks Sunday
> Binance reports $3.64B net withdrawals in Sundayβs first 9.5 hours
> on Nov. 2, Binance reports withdrawal volumes stabilizing
Read here for full Binance hack coverage: [
π¨ NOW: Gate says it froze two accounts tied to the Binance hacker after Lookonchain flagged $250,000 in deposits to the exchange over 12 hours.
JUST IN: π°β οΈ Paradigm Unstakes 2.55 Million $HYPE Worth Approximately $224 Million.
π¨ LATEST: Solanaβs Seeker says a malicious βSKR Claimβ app that asked for user seed phrases went live on its dApp Store for an hour after a breach of its developer portal.
The team has since pulled the app and patched the bug.
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β’ TxFlow S1 Epoch 2 points
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β’ Elysium Ecosystem Watchlist
β’ I built a tool that might be useful for TxFlow farmers
β’ Get Easy $40 USDC
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β’ Elysium Mainnet Goes Live Soon
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]( Polymarket was indeed hit by a [hack
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