ImportantPANews
Coinbase CEO: Actively Blocking Transfers to Compromised Wallets, and Has Reached Out to Binance to Offer Assistance
Coinbase CEO Brian Armstrong stated that the team is making every effort to address the current situation, including blocking transfers to compromised wallets, and has contacted Binance to offer support. Armstrong noted that moments like this require collective industry-wide effort, with the top priority being to openly share useful information and help protect customers, regardless of which platform they use. He also added that the crypto industry has weathered many difficult periods and emerged stronger each time, and this instance will be no exception.
More flash news
View allBinance to Delay the Launch of Predict (PREDICT)
Per official Binance announcement, the launch of Predict (PREDICT), originally scheduled for 18:00 on October 30, 2026 (UTC+8), will be postponed. The exact launch time will be notified separately.
BreakingBinance: Security Incident May Involve Compromise of DevOps Engineer's Computer, No Private Key Leakage Detected, Estimated Total Loss Approximately $6.3 Billion
Binance has released a security incident update, noting that its preliminary investigation indicates the incident may involve the compromise of a DevOps engineer's laptop, which allowed attackers to access a service container and submit unauthorized withdrawal transactions. Binance states no evidence of any wallet private key leakage has been identified, and a detailed technical post-mortem analysis will be published once the investigation is completed and all facts are fully verified. Binance estimates the total loss at approximately $6.3 billion, and has collaborated with blockchain partners to freeze affected assets, with roughly $3 billion already frozen on-chain. Binance will cover all losses via its SAFU Fund and corporate capital, ensuring user funds remain secure, and will release an updated proof of reserves after remediation is completed. As an immediate preventive measure, Binance has temporarily suspended deposits and withdrawals, revoked authorization for affected addresses, and partnered with law enforcement agencies and blockchain intelligence partners to trace and recover funds.
Japan’s Nikkei slumps 3% as tech stocks tumble on AI worries
Japan’s Nikkei slumps 3% as tech stocks tumble on AI worries
Bitcoin slides below $77,000, BNB drops amid Binance hack
BNB lost 7.1%, while Binance Co-CEO Yi He pledged that the exchange will cover all user losses resulting from the hack.
Binance Hacker Begins Selling STRK, Two Traders Record Combined Unrealized Profit of $4.46 Million on STRK Short Positions
The Binance hacker has started selling STRK, adding selling pressure to the market. Two Hyperliquid traders hold STRK short positions with a combined unrealized profit of $4.46 million, with one holding $1.61 million in unrealized gains and the other holding $2.85 million in unrealized gains.
