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Binance suspends withdrawals after $6.3 billion crypto hack

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.

Hackers drain $6.3 billion from Binance wallets in 20-minute attack

On October 29, attackers siphoned roughly $6.3 billion in cryptocurrency from Binance wallets spanning at least ten blockchains, with most funds taken within a 20-minute window, according to tracing firm TRM Labs. Binance suspended deposits and withdrawals and says it has helped freeze about half the stolen crypto while investigating the breach.

Anthropic team cracks origin of NIST elliptic curve seeds, claims $36,864 bounty

A group of Anthropic researchers discovered that the mysterious seed values behind NIST's P-192 through P-521 elliptic curves were generated using the POSIX drand48 random number generator seeded with a 1997-98 Unix timestamp, not from hashed English sentences as long believed. They claimed the full bounty offered three years ago for solving the puzzle and chose to donate it to the Internet Security Research Group, which runs Let's Encrypt, tripling its value to $36,864.

Anthropic's Claude AI traces NIST ECDSA curve seeds to UTC timestamps

Anthropic reports that its Claude AI model helped determine the origin of mysterious 'seed' values used to generate NIST's standard elliptic curves for ECDSA, a widely used cryptographic signature standard. The seeds, published without explanation by the NSA in 2000, were long rumored to derive from a humorous passphrase chosen by NSA employee Jerry Solinas, but the analysis found they actually correspond to UTC timestamps.