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Binance CEO stated that 90 percent of assets lost in a recent security incident have been replenished. The exchange reiterated it will fully cover the financial impact of the theft and plans to resume user withdrawal services on November 1, 2026, in line with its previously announced timeline.
Polymarket suspended trading on its international site after hackers stole roughly $2.6 million from about 700 traders, according to the Wall Street Journal. The company says the breach stemmed from a flaw in DebugBear, a third-party website monitoring tool, and has pledged to reimburse affected users. Polymarket's website was inaccessible at the time of reporting.
Cryptocurrency-linked super PACs, led by Fairshake, have committed more than $200 million to influence 2026 congressional races, according to Public Citizen, surpassing spending by online betting and data-center groups this cycle. Fairshake is backing 33 House candidates across both parties and directing at least $1 million each to six incumbents, including House Financial Services Committee leaders French Hill and Bill Huizenga. Coinbase has been a major funder, contributing $25 million to Fairshake's midterm push after donating $79 million to 2024 races.
Binance reported that it has frozen approximately $3 billion worth of stolen cryptocurrency tokens out of a reported $6.3 billion in total losses. The exchange stated that all affected customers will be fully reimbursed for their losses.
Technology shares fell sharply amid growing investor skepticism about the sustainability of the AI-driven rally. Separately, Binance executives are working to offset billions of dollars in losses stemming from what is being described as the largest crypto heist on record, while Ukraine carried out a strike on a Russian oil refinery.
Technology shares and cryptocurrencies both fell sharply over the Halloween weekend, as weak earnings reports from major AI-focused companies combined with news of a large-scale crypto hack to unsettle investors. The simultaneous declines marked one of the market's worst stretches in months for high-growth assets.
Security researchers discovered a fake extension on Cursor's marketplace designed to impersonate a Claude Code tool and give attackers persistent access to developers' computers. The extension was distributed through Cursor's official marketplace, exploiting trust in the platform to reach developers using AI coding assistants.
Polymarket paused trading on its international platform for nearly an hour Thursday after discovering that software from third-party vendor DebugBear had been compromised. The company said affected users would be fully reimbursed and referred the incident to UK law enforcement, while The Block reported roughly $2.65 million in crypto was drained from user wallets, citing Arkham data. Polymarket's US platform was reportedly unaffected, and trading resumed around 3 p.m. ET.
Binance has suspended withdrawals after a breach that drained $6.3 billion in digital assets in roughly 20 minutes. The exchange says it froze about $3 billion with partners, while research firm TRM Labs estimates $2.4 billion has moved beyond recovery. Binance pledged to cover all losses from reserve funds and is investigating with law enforcement.
Binance confirmed that hackers stole $6.3 billion after compromising a DevOps engineer's laptop, which allowed unauthorized withdrawal transactions from the exchange. The company has paused all withdrawals, is working with the FBI and US Secret Service, and says it will reimburse affected traders using its own reserves, with $5 billion already held in matching tokens.
Security researchers have attributed a record-breaking crypto heist at Binance to hackers tied to North Korea, with at least $6.3 billion stolen from the exchange's wallets. Binance says roughly half of the stolen funds were frozen as they moved across blockchains, and the company has suspended all deposits and withdrawals while it investigates. Binance said the breach began when attackers compromised an engineer's laptop, gaining access to a service container to submit unauthorized withdrawal transactions, though it says there is no evidence its private keys were exposed.
Binance has halted all withdrawals following what it calls an estimated $6.3 billion loss, the largest crypto theft on record. The exchange says hackers compromised an engineer's laptop to withdraw funds, though it has since found additional breach points, while analysts estimate attackers converted roughly $3.3 billion into untraceable assets. Binance says it has reserved over $6.34 billion in company funds to cover the losses and is working with law enforcement.