OKX’s Star Xu Criticizes CZ’s Response to $6.3B Binance Hack
OKX’s founder challenges CZ’s bank-security comparison and focus on limited outflows after the Binance hack, while calling for stronger industry cooperation.
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Binance disclosed 57 blocked threats in its initial report on the $6.34 billion breach, citing tactics such as fake interviews and tampered software.
South Korea Urges More Crypto Cold Storage After Binance Hack
South Korea’s financial regulator urged exchanges to hold more customer crypto offline after the $6.3 billion Binance hack. The current minimum is 80%.
CZ Reportedly Says Banks May Face Greater Cyberattack Risk Than Crypto Exchanges
Watcher.Guru attributes the bank security comparison to Binance founder Changpeng Zhao as the exchange responds to its $6.3 billion breach.
Kraken Restricts Accounts in Suspected $133M Crypto Theft Probe
Kraken says it restricted accounts and is working with law enforcement to support recovery after a suspected theft from an unidentified European entity.
Binance’s 24-Hour Net Inflows Climb Above $2.2 Billion
DefiLlama shows $2.21 billion in 24-hour net inflows to Binance, reversing the daily outflow trend as longer-period flows remain negative.
ZachXBT Raises Suspected EU Crypto Theft Estimate Above $133M
ZachXBT says another $27 million in exchange withdrawals lifts the suspected EU theft above $133 millionю The victim remains unidentified.
Binance Says Hourly Deposits Now Exceed Withdrawals
Binance reports $193 million in hourly deposits versus $183 million in withdrawals, although cumulative net outflows remain about $5.28 billion.
Tether Freezes Over 4.5M USDT Linked to Mercado Bitcoin Incident
Paolo Ardoino says Tether froze more than 4.5 million USDT tied to Mercado Bitcoin’s security incident, as the exchange works to restore operations.
Binance Restores 15 Crypto Networks and Adds USD Withdrawals
Binance has reopened selected crypto withdrawals across 15 networks and added USD, AED, VND, PHP and IDR fiat withdrawals as its recovery continues.
Binance Net Outflows Top $4.2B After Withdrawals Reopen
DefiLlama shows $4.25 billion in rolling 24-hour net outflows, while Binance reports $3.64 billion left in the first 9.5 hours after withdrawals resumed.
ZachXBT Urges CoinDCX Withdrawals Amid $16M Theft Dispute
ZachXBT urged CoinDCX withdrawals over alleged $16 million losses. The exchange cited failed sweeps from old compromised addresses and said users were credited.
Bitget Moves to Buy GMO’s Thai Crypto Exchange
Bitget is linked to the buyer of GMO’s Z.com EX operator in Thailand, with the acquisition still awaiting regulatory approval and financial terms undisclosed.