News, analysis, and explainers connected to Stablecoins across the CryptoCompass archive.
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Ethereum is under double pressure after the suspected Binance hack. On Thursday night Ether fell from $2,313 to $2,251, down 2.6% within an hour. The bigger risk is still ahead: according to
To short Bitcoin means to bet on a falling price. After a Binance hot wallet was drained of about $2.8 billion on Thursday night and Bitcoin slipped below $79,000, many traders are asking whe
The crypto market is crashing on Thursday night, and the trigger is Binance. At 20:24 UTC a hot wallet of the world's largest crypto exchange was drained in a single transaction, with roughly
Binance Hack: What Happened on Thursday Evening On Thursday evening, 29 October 2026, an unknown attacker emptied one of Binance's largest hot wallets in a single transaction at 20:24 UTC. Th
Binance is investigating a potential multibillion-dollar security breach involving one of its Ethereum wallets, after suspicious transfers prompted stablecoin issuers Tether and Circle to rep
An interesting development occurred during the hack of the cryptocurrency exchange Binance, which is thought to have resulted in losses exceeding $2 billion. On the Tron network, one of the n
Binance co-founder Changpeng Zhao said Thursday that the exchange “was indeed hacked,” confirming what on-chain data had suggested after more than $2.5 billion left the exchange’s hot wallets
Binance-linked cryptocurrency wallets recorded an estimated $2.77 billion in outgoing transfers across five blockchains on October 29, triggering concerns about a potential security breach as
Key Takeaways CZ says outflows look like a Binance hack. Tether froze ~$971M, Circle about $823M. CZ expects user funds to be fully covered. Binance says no confirmed impact to user funds. Zh
Binance founder CZ confirmed that a hack had occurred. CZ stated that user funds were safe. Acknowledging the hack on Binance, CZ added that he appreciated the $971 million and $823 million f
A new development has emerged regarding the suspected hack of the cryptocurrency exchange Binance, based on on-chain data. The hack, which allegedly involves 60 different tokens on the Ethere
About $3.3 billion in crypto left Binance hot wallets on Ethereum on Thursday evening in what blockchain data, block explorer Etherscan and Binance founder Changpeng Zhao now describe as a li
