Binance Hack Report Puts Outflows at $5.57B; Withdrawals on Hold
Binance says withdrawals will resume after security checks and user funds remain safe, as Crypto Briefing reports $5.57 billion in wallet outflows.
Gas fees are transaction costs paid by users to process operations on a blockchain network. They compensate validators or miners for the computational resources required to execute transactions and smart contracts. Gas fees can vary depending on network congestion and demand. On platforms like Ethereum, fees are a critical part of network security and functionality. High gas fees have driven the development of Layer 2 solutions and alternative blockchains.
Binance says withdrawals will resume after security checks and user funds remain safe, as Crypto Briefing reports $5.57 billion in wallet outflows.
An unverified breakdown alleges $5.613 billion stolen. Tether and Circle report over $2.3 billion frozen; Binance says user funds are safe.
Michael Selig imagines appliances spending crypto earnings and raises “Know Your Agent” questions about identity, liability and autonomous trading.
Diva Staking has canceled its Ethereum mainnet launch after funding ran out. Early depositors are being directed to withdraw through Enzyme.
RLUSD goes live on Coinbase’s retail and institutional platforms across XRPL, Base and Ethereum, while Global Exchange collateral support remains planned.
Google’s MPC service is being tested by financial institutions and Alphabet, with commercial availability planned for early 2027.
Hong Kong opens 24/7 secondary trading in two ChinaAMC tokenized money-market funds on PantherTrade, with retail access and Ethereum-based infrastructure.
Vitalik Buterin backs Moonshot’s limits on Kimi K3.1 Pro’s hacking skills, arguing that targeted controls can buy time without restricting who uses AI.
Coinbase highlights BTC, ETH and SOL prediction markets with 15-minute to daily windows. U.S. eligibility and Kalshi settlement rules shape access.
Bitcoin and Solana recovered $80,000 and $100 after Saturday’s selloff, while Ether and XRP stayed below key levels in the latest Coinbase price check.