Teresa Xie / Bloomberg: Binance says it has covered all of the $6.3B in cryptoassets stolen on October 29, using its profits and emergency funds to replace common and obscure tokens  —  Binance said it has covered all of the $6.3 billion in cryptoassets pilfered from customers, marking a capstone to the largest cybertheft in history.

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Pressure is spreading across more volatile assets, while stronger bond prices provide a partial cushion. The disconnect between the broader reading and prices is especially pronounced in cryptoassets ...

Binance, the world's largest crypto exchange, resumed bitcoin withdrawals on Sunday and said other assets will follow in phases. It has now covered 95% of the $6.3 billion stolen in what analysts say may be the biggest financial robbery ever. The first phase covers 15 cryptoassets, including bitcoin, ether, XRP and dogecoin. Binance said it bought $6 billion of replacement tokens with company money. The funds came from its $1 billion SAFU bitcoin reserve, part of its Futures Insurance Fund and its corporate treasury. Co-CEO Yi He said half of SAFU would be used and the company committed to replenishing it to about $1 billion. The remaining 5% of stolen tokens are less liquid and may take longer to source. Binance said it has worked with industry partners to freeze some assets, with about $3 billion located as of Friday. Attribution is now a political question. The FBI said the North Korean state-sponsored unit TraderTraitor was responsible and expects further laundering of the assets. President Trump said Saturday the US was still not certain North Korea was involved. Watch the pace of the phased reopening, the sourcing of the last 5% and the laundering trail. Binance has 335 million registered users and held about $162.8 billion in assets under custody as of its 2025 annual report.

Ethena has introduced a new framework allowing its internal trading team to onboard borrowers for USDe backing assets without individual Risk Committee…

Binance posted a net outflow of $3.6 billion in cryptoassets after restoring customer withdrawals on Sunday, following the largest cyber theft in history attributed to North Korean hackers. Bloomberg'

One exchange dominates the crypto landscape: Coinbase controls roughly 68% of total assets across SWFI's top-10 exchange ranking, with $207 billion — more than twice what the other nine exchanges hold together. The gap below No. 1 is staggering, with Binance a distant second and everyone else barely registering.

Stablecoin issuers froze about $2.4 billion of the up to $5.5 billion stolen. The rest may exceed Binance’s insurance fund, and the man promising to make users whole isn’t supposed to be running the c...

One exchange dominates the crypto landscape: Coinbase controls roughly 68% of total assets across SWFI's top-10 exchange ranking, with $207 billion — more than twice what the other nine exchanges hold together. The gap below No. 1 is staggering, with Binance a distant second and everyone else barely registering.

Stablecoin issuers froze about $2.4 billion of the roughly $5.5 billion stolen. The rest may exceed Binance’s insurance fund, and the man promising to make users whole isn’t supposed to be running the...