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The SEC has released BitMine’s Form 10-K. According to the filing, the firm suffered a $6.3 billion net loss during…
Key TakeawaysLinked wallets controlled nearly all trading in the disposable tokens.Launderers recycled sale proceeds to finance new token launches.Stolen assets…
Key TakeawaysCZ says AI is accelerating cyberattacks faster than financial firms can strengthen defenses.He called for government support and a…
Key TakeawaysNorth Korea denied responsibility for the $6.3 billion Binance hack, with Kim Yo-jong calling the FBI’s accusations a “grave…
It was not clear whether there was any immediate political advantage to be gained from the hack, which was widely…
Binance founder Changpeng Zhao (CZ) has echoed ongoing discussions that the $6.3B hack won’t negatively impact Bitcoin’s value. According to…
Key TakeawaysCEO Richard Teng said the attacker bypassed Binance’s normal approval controls.A self-destruct mechanism destroyed attack tools and traces, he…
Key TakeawaysBinance targeted a phased withdrawal restart, subject to completed security checks.Matching tokens worth $5 billion cover approximately 80% of…
Key TakeawaysFollowing Binance’s $6.3 billion hack, Gate’s CEO urged the crypto industry to form a unified security alliance.Gate proposed a…
The crypto market is facing yet another sell-off, putting investor confidence to the test as the Bitcoin price slips below…