Binance's $6.3B Hack Forces a Reckoning on Cold Storage Standards
A $6.3B breach at Binance puts exchange custody under a microscope, as Coinbase reveals 99% of customer assets sit in cold storage.…
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A $6.3B breach at Binance puts exchange custody under a microscope, as Coinbase reveals 99% of customer assets sit in cold storage.…
After a $6.3 billion hack at Binance, Coinbase has detailed how it protects $377 billion in customer crypto — but questions remain about what's left unsaid.…
Morgan Stanley has tokenized U.S. equities and Treasuries through the DTCC's new tokenization service, with 20 major Wall Street firms now signed on to the platform.…
BitMart suffered a $391,000 hack as its founder admits threats from disgruntled users and internal staff conflicts are driving away the security personnel meant to prevent exactly this.…
Binance expanded its Proof of Reserves to 44 tokens after a hack, replenishing ~98% of affected assets — but the cryptographic proof remains incomplete and withdrawals aren't fully open.…
French bank Crédit Mutuel Arkéa confirms a cyberattack enabled "fraudulent operations" after ZachXBT linked the breach to a $133M crypto theft.…
Tether CEO Paolo Ardoino told a Lugano conference the firm holds roughly 150,000 Bitcoin — about 50,000 more than what the company's own Q3 reserve report implies.…
Circle laid off 5% of its workforce in a profitable Q3, but falling reserve income and stalling USDC growth hint at structural pressures ahead.…
Jack Dorsey's Block faces a $764M DOJ settlement while its Bitcoin gross profit collapses 50% in Q3, compounding pressure on the payments firm.…
Hong Kong has passed a crypto tax reporting bill requiring annual reports that link customer identities to fiat trades, token swaps, and wallet transfers, effective 2027.…
Circle reported $865M in Q3 revenue—a 17% jump—while simultaneously cutting 5% of its workforce and booking a $9.1M restructuring charge.…
Morgan Stanley is among 20 institutions that have signed onto a DTCC-led platform tokenizing U.S. equities and Treasuries with round-the-clock transfer capability.…