Tag: xrp news

TL;DR: Tether said on November 2 that it froze more than $1.5 billion in USDT linked to the late-October Binance attack, working with investigators and industry partners. Tether’s announcement gives the company’s account of its involvement; it does not independently establish the ultimate ownership or recoverability of every frozen token. It is tempting to present…

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…