BLOCKCHAIN
Coinbase flags issues with DOT deposits, withdrawals
Coinbase has shared that some users might be seeing delays when sending or receiving on the DOT network.
IndusInd Bank customers can now send money abroad in 123 currencies through J.P. Morgan tie-up
IndusInd Bank has teamed up with J.P. Morgan Payments to elevate their outward remittance capabilities. This partnership enables customers to transfer money globally in 123 currencies with local-currency settlements. By integrating the Xpedite solution, the bank aims to simplify international transactions and plans to enhance online and mobile banking offerings for a more user-friendly experience.
India’s new wealth rituals: What are millennials and Gen Z buying on Dhanteras?
Dhanteras investing is evolving from physical gold purchases toward diversified digital portfolios. Younger investors are embracing gold ETFs, mutual funds, Bitcoin and tokenised assets while retaining the festival’s core goal of building wealth and financial security patiently.
Crédit Mutuel Arkéa cyberattack: How did a French bank become linked to a $133 million crypto investigation?
French bank Crédit Mutuel Arkéa has confirmed a cyberattack involving fraudulent transactions after blockchain investigator ZachXBT traced more than $133 million in suspected crypto withdrawals. Investigators are examining the movement of funds across exchanges, while the bank has yet to disclose its losses or confirm how the attack occurred.
India's payments authority NPCI forms unit to push into AI, blockchain tech
The National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will focus on advancements in AI, blockchain, and digital financial infrastructure. Vishal Kanvaty has been appointed as the managing director and CEO of the subsidiary. NTSL aims to enhance capabilities beyond NPCI's core payments responsibilities. The initiative highlights India's commitment to developing its banking and financial services technology landscape.
India's payments authority NPCI forms unit to push into AI, blockchain tech
The payments authority's chief technology officer Vishal Kanvaty, who has been associated with NPCI for nearly a decade, has been appointed the managing director and CEO of NTSL, it said.
From SBI to Binance, how financial institutions are becoming cyberattack targets
Recent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put the spotlight on the issue. While Binance reported a security breach involving unauthorised cryptocurrency withdrawals estimated at around $6.3 billion, SBI is investigating a suspected data leak involving nearly 3,900 customer records.
Binance’s $6.3 billion hack dwarfs Bybit's $ 1.5 billion breach: Is cryptocurrency theft getting bigger?
Binance has recently reported a major security breach impacting approximately $6.3 billion in digital assets. After the hack, the exchange temporarily suspended withdrawals while assessing their security systems. Hackers allegedly linked to North Korea have raised concerns about the effectiveness of security measures in cryptocurrency exchanges. Investigators are working to trace the stolen funds and recover as many assets as possible.
Binance sets aside USD 6.34 billion to cover crypto hack losses, targets phased withdrawal resumption
In response to a significant security breach, cryptocurrency exchange Binance has earmarked USD 6.34 billion to cover losses incurred from unauthorised withdrawals amounting to about USD 6.3 billion. The company is committed to recovering these funds and restoring withdrawal services incrementally, having already safeguarded USD 5 billion in stolen assets.
What to know about the $6.3B hack on Binance, likely the biggest-ever crypto theft
Binance says hackers stole more than $6 billion in what is being described as the largest cryptocurrency heist on record, with blockchain intelligence firms linking the attack to North Korea’s TraderTraitor hacking unit. The exchange has set aside $6.34 billion to cover losses, frozen about $3 billion in affected assets with partners and says it will reimburse users while investigators trace the stolen funds.
Binance hack investigation: How a compromised employee laptop may have led to the largest crypto heist
Crypto Binance hacked: Binance is investigating a major security incident involving an estimated $6.3 billion in cryptocurrency transfers. A compromised DevOps engineer’s laptop may have provided an entry point, while further checks uncovered additional access points. The exchange says it froze about $3 billion in affected assets and pledged to cover all losses.
Who are the hackers suspected in Binance's $6.3 billion crypto theft? Are they state-backed groups?
Binance's $6.3 billion hack: The $6.3 billion theft from Binance, the world's largest cryptocurrency exchange, has drawn attention to North Korea's suspected role in major cyberattacks. Blockchain intelligence firms believe a North Korean hacking group called TraderTraitor was behind the incident. However, Binance has not confirmed the identity of the attackers, and investigations are still underway.
Crypto's biggest-ever heist: How hackers stole $6.3 billion in Binance in just 20 minutes
Binance, on Friday, reported a significant security breach that resulted in the theft of $6.3 billion in cryptocurrencies. An initial investigation revealed that a compromised laptop enabled unauthorized withdrawal transactions. Approximately half of the stolen assets were stablecoins, which issuers have reportedly frozen to limit the attackers' activities. Blockchain analysis firms suggested that the breach shares similarities with previous North Korean hacker operations.
Who is North Korean Lazarus Group, how they stole $6.3 billion from world's biggest crypto exchange Binance from a single laptop in just 20 minutes?
North Korea's Lazarus Group is suspected of being behind a $6.36 billion cryptocurrency theft from Binance. Blockchain investigators have linked the attack to its associated unit TraderTraitor. The operation involved exploiting an Ethereum wallet authorisation feature, gaining control of a Binance hot wallet and transferring digital assets across 10 blockchains.
Binance hack update: Will you lose your Bitcoin? Who stole the money, where has the stolen $6.3 billion gone, and how much has been recovered?
Binance crypto hack news: Binance suffered a massive $6.3 billion cryptocurrency security breach, with investigators linking the attack to North Korea's TraderTraitor hacking group. Around $2.7 billion worth of stolen assets has reportedly been frozen. Here's where the stolen money went, which cryptocurrencies were affected and whether Binance customers risk losing their Bitcoin.
Global Market: Binance breach rekindles fears over cryptocurrency security
A reported $6.3 billion breach at Binance, described as the largest crypto heist on record, has renewed concerns about digital-asset security. Binance has located about $3 billion in affected assets and pledged to cover losses. The incident joins major attacks on Bybit, Ronin Network, Wormhole and other platforms, highlighting persistent vulnerabilities across exchanges, wallets, blockchain bridges and DeFi services.
Biggest crypto heist in history: How Binance’s $6 billion hack rattled markets and what it means for investors?
Binance is investigating a reported security breach estimated to have caused $6.3 billion in losses, with North Korea-linked hackers suspected by TRM Labs. The exchange says user funds are safe and has pledged to cover all losses.
Binance hit by $6.3 billion crypto hack: Here’s what you need to know
Binance has reported a substantial security breach resulting in estimated losses of $6.3 billion. The breach was linked to a compromised laptop of a DevOps engineer facilitating unauthorized transactions. Global cryptocurrency firms have responded by freezing assets totaling nearly $2.4 billion. Additionally, Binance stated that user funds remain safe due to its Secure Asset Fund for Users.
Blockchain analysis firm TRM says North Korea behind Binance crypto theft
North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.
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