How much of Binance's emergency fund is available?
Binancesays it will cover all losses from Thursday's $6.3 billion breach "from the SAFU fund and the company's funds." It announced Friday that it has already reserved $6.34 billion in compan
Tag
Security
News, analysis, and explainers connected to Security across the CryptoCompass archive.
Latest Security Stories
Newest first
OKX CEO Calls for Industry-Wide Security Alliance After Exchange Hacks
OKX founder and CEO Xu Mingxing has urged cryptocurrency exchanges to work together on security instead of treating it as a competitive advantage. His call follows a series of serious securit
Coinbase, MicroStrategy, Robinhood tumble after largest crypto hack ever
Coinbase and Strategy, formerly MicroStrategy, fell about 8% in the opening minutes Friday as crypto-linked stocks sold off more sharply than the technology-heavy Nasdaq-100 fund. The decline
Bitcoin and Ethereum Declined, Whales Moved! They Made Millions of Dollars Worth of Moves During the Decline: Here Are Their Preferred Altco...
The cryptocurrency market faced intense selling pressure following the Binance hack, which resulted in losses of approximately $6.3 billion, with major cryptocurrencies, particularly Bitcoin
Bitcoin Flashes a Warning Sign on the Daily Chart as Binance Halts Withdrawals
Three Things to Know Binance froze withdrawals after a breach now ranked as the largest crypto hack on record. Bitcoin slipped under its 50-day average, and momentum readings still favor sell
Elon Musk Trolls Binance After $6.3B Hack, but This Isn’t Another FTX
Elon Musk has joined the conversation around Binance’s massive $6.3 billion hack, but Changpeng Zhao clearly was not in the mood for jokes. Musk responded to the discussion with a grimacing e
Biggest Crypto Hacks in History: A Billion-Dollar Security Crisis
Biggest Crypto Hacks in History: What Happened During Each Attack? Some crypto hacks are big. A few are on a different scale altogether. Three of them sit far above the rest in the ranking, a
Pi Network Users Targeted by Dust Transfer Scam Using Fake $314,159 Price Memos
Scammers are sending tiny amounts of $Pi to thousands of @PiCoreTeam wallets in a campaign that appears designed to push Pioneers toward phishing websites. The transfers are typically 0.00031
Galaxy Digital Applies to OCC for Galaxy National Bank Trust Charter in New York
@galaxyhq ($GLXY) has applied to the US Office of the Comptroller of the Currency (OCC) to establish Galaxy National Bank, a proposed national trust bank headquartered in New York. According
QCP Market Report: Is Fed Rate Pause Bigger Than Binance Hack?
QCP Market Report: Fed Holds Rates as Binance Incident Tests Sentiment QCP Capital published its October 30 market report after a busy week. The QCP Market Report covers four developments: th
Ripple and World Liberty Financial Freeze Stablecoins Tied to Suspected Binance Hack
Ripple and World Liberty Financial have joined Tether and Circle in freezing stablecoins linked to a suspected hack at Binance, widening an issuer-led response to the incident. World Liberty
Edo Farina Shares His Honest XRP Price Prediction
Edoardo Farina is known for his long-term conviction on XRP. His audience has grown accustomed to bullish commentary, cold wallet recommendations, and calls to hold XRP through market uncerta