The post Binance Hack Recovery: CZ Says 95% of $3.3B Losses Covered appeared first on Coinpedia Fintech News

Binance has reportedly covered 95% of the losses linked to its $3.3 billion hack, with withdrawals among the top 10 assets restored. The remaining 5% involves less liquid tokens, making the final sourcing and conversion process slower. CZ said Binance has already allocated 100% of the required funds. In other words, the outstanding issue isn’t …

The post BNB Price Prediction: Could Hack Fallout Push BNB Toward $600? appeared first on Coinpedia Fintech News

BNB has taken a brutal hit, and the damage could extend beyond today’s sell off. Following a reported $6.3 billion hack involving multiple crypto assets, BNB price prediction depends on two things: whether support holds and whether the recovery effort can restore investor confidence. BNB Tests Its 200-Day EMA After Hack The 200-day exponential moving …

The post Binance Hack Detailed Report : What Happened, How $6.3 Billion Was Stolen and What’s Next? appeared first on Coinpedia Fintech News

Table of contents1. How Did the Incident Begin?2. How the Attackers Allegedly Hacked BinanceThe suspected entry pointHow unauthorised withdrawals were possibleThe Ethereum wallet technique3. The Scale and Timeline of the Attack4. Which Cryptocurrencies Were Affected?Major assets identified in blockchain analysisOther tokens involved5. Who Hacked Binance?The North Korean connection6. How Much Money Has Been Frozen and …

The post CoinDCX Hack Rumors: Was Another $16 Million Lost? appeared first on Coinpedia Fintech News

CoinDCX hack rumors spread quickly after suspicious blockchain transfers triggered speculation about another major security breach at the Indian crypto exchange. But there’s a problem with the alarming headlines: CoinDCX’s co-founder says its wallets weren’t breached, calling the reports a false alarm. For now, the alleged $16 million incident remains unconfirmed, and the exchange is …

The post XRP Supply Shock: Only 225 Million XRP Listed for Sale Across 64 Exchanges appeared first on Coinpedia Fintech News

XRP could see stronger buying pressure if large investors enter the market while the number of tokens offered for sale remains low. An analysis of 64 crypto exchanges found around 225 million XRP listed for sale at prices from the current market level up to $5. The study covered 171 trading pairs, including XRP/USD, stablecoins, …

The post Crypto Exchange Spot Volume Jumps 36.5% to $696.7B in September appeared first on Coinpedia Fintech News

Crypto exchange spot volume came roaring back in September, climbing 36.5% month over month to $696.7 billion across 14 major exchanges. The August total was $510.4 billion. According to WuBlockchain data, every exchange on the list posted growth. That’s a broad-based rebound, although the biggest platforms still command a hefty chunk of the market. Crypto …

The post Robinhood Adds $25 Million in Bitcoin to Corporate Balance Sheet appeared first on Coinpedia Fintech News

Robinhood has made its first corporate Bitcoin purchase, adding $25 million worth of BTC to its balance sheet as the company expands its involvement in the crypto market. The purchase was disclosed by Johann Kerbrat, Robinhood’s crypto chief, during an interview at the Digital Asset Summit Asia. Unlike the crypto assets held for customers, the …

The post Ripple Backs OKX at $25B Valuation in New Funding Round – Bloomberg Reports appeared first on Coinpedia Fintech News

Ripple has joined Circle, Standard Chartered’s investment arm SC Ventures, and quantitative trading firm Qube Research & Technologies (QRT) in a new funding round for crypto exchange OKX at a $25 billion valuation, according to bloomberg OKX has not disclosed the size of the new investment. The round follows a $200 million investment from Intercontinental …

The post Bitget Hack: How AI Helped in Tracing $387 Million Across Chains appeared first on Coinpedia Fintech News

The Bitget hack didn’t stay on one blockchain for long. After $387 million was stolen on September 24, Chainalysis investigators used in-house AI and custom automation to track the funds across multiple networks and protocols. The speed mattered. Investigators estimate more than 20 hours of manual bridge reconciliation was compressed into under 10 minutes. Hundreds …

The post Bitget Hack Details: How Fraudulent Approvals Enabled $387M Theft appeared first on Coinpedia Fintech News

The Bitget hack has turned into a much bigger security incident than the exchange’s first estimate suggested. Bitget now says attackers stole $387.5 million from its exchange wallets on September 24, while withdrawals remain suspended and the company says its protection fund covers the loss. Mandiant and SlowMist are investigating. CEO Gracy Chen suspects North …