Tag: Tech

TL;DR: The FBI said on October 31 that North Korean actors associated with the TraderTraitor operation were responsible for the theft of more than $6 billion from Binance. Attribution remains the FBI’s stated finding, and the full investigative record is not public. This is a reminder that incident response extends well beyond technical containment. Security…

TL;DR: Binance said on November 2 that it had completed a zero-knowledge proof-of-reserves procedure for a snapshot taken October 31, following the exchange’s late-October security incident. Proof of reserves should not be described as a full financial audit, a guarantee against losses or evidence that all stolen assets have been returned. In the aftermath of…

TL;DR: Binance’s November 3 security-recovery notice set out a wider withdrawal restart for additional tokens and networks beginning around 04:00 UTC. Binance’s announcement is a company statement, not an independent certification that all systems are secure. The subtle point is that a route reopening is a narrow, testable milestone. It is stronger than a vague…

The update comes as the exchange expands withdrawal access across multiple blockchain networks and reports replenishing approximately 95% of the assets affected by the October 29 incident. Binance Deposits Overtake Withdrawals as Exchange Flows Stabilize Binance announced on November 3 that deposits had started exceeding withdrawals on an hourly basis, pointing to improving activity following…

TL;DR: US spot Ether ETFs saw approximately $139.7 million in net outflows on November 2, Farside Investors’ daily data show. The amounts are published for specific trading dates and can be adjusted by data providers. On November 2, BlackRock’s ETHA was responsible for roughly $138.3 million of the reported net withdrawal. That clustering suggests the…