Crypto is confronting a dangerous collision between increasingly valuable digital assets and artificial intelligence (AI) systems that can automate phishing, vulnerability research, and credential theft at machine speed. Recent multibillion-dollar breaches are not all AI-driven, but security researchers say attackers are already using autonomous tools to compress operations that once required teams of hackers. AI […]
Wall Street analysts are telling clients to buy the dip after the $6.3 billion Binance hack, and Bitwise CIO Matt Hougan expects bitcoin’s price to recover fairly soon. Hougan Calls the Hack a Mere ‘Blip’ Hougan, chief investment officer at crypto asset manager Bitwise, played down the damage, stating: This hack has not changed anything […]
Binance has started buying back the tokens lost in its $6.3 billion hack, and onchain data shows wallets associated with Ethena sent 128.63 million ENA worth about $24 million to the exchange. Ethena Tokens Flow Into Binance Blockchain trackers flagged the transfers early on Oct. 31, writing: Binance is buying back the stolen assets through […]
Claims that the $6.3 billion Binance hack was an inside job are spreading across X as the exchange holds back its proof-of-reserves results until Monday, Nov. 2. Skeptics Question the Timing of Monday’s Audit The doubts center on the order of events, as in its Oct. 30 update, Binance said it had covered about 80% […]
Lin Han, founder and CEO of Gate, has called for the formation of a cryptocurrency security alliance to standardize procedures to prevent and eventually deal with the aftermath of security incidents similar to the $6.3 billion hack that Binance faced on Thursday. Gate CEO Calls for Global Security Alliance to Secure The Crypto Industry Following […]
The company behind the New York Stock Exchange (NYSE) is taking a piece of Hyperliquid’s $650 billion trading phenomenon into America’s regulated markets. ICE’s new partnership with Trade[XYZ] aims to bring around-the-clock perpetual futures to U.S. traders for the first time. ICE and Trade[XYZ] Plan Regulated Hyperliquid Market On Thursday, Intercontinental Exchange (ICE), the parent […]
Polygon Labs has expanded its Polygon Open Money Stack to support Solana, allowing enterprises to manage bank funding and payouts via a single technical integration and commercial relationship. Streamlining Cross-Border Money Movement Polygon Labs announced on Oct. 29 the expansion of its Polygon Open Money Stack to Solana, giving businesses a single integration to […]