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Results for “crypto hack”

How Binance’s $6.3 Billion Hack Went Down

A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.

The New York Times · 3h ago
Crypto Hack Reignites Regulatory Debate

A $6 billion crypto hack is putting digital-asset security back in the spotlight. Former CFTC chairman J. Christopher Giancarlo, known as “CryptoDad”, argues the attack exposed vulnerabilities at an individual firm rather than a failure of underlying blockchain technology. He is also calling for the US to take a more aggressive approach to state-sponsored cyberattacks. He joins Bloomberg Businessweek Daily to discuss the fallout from the hack and why he believes prediction markets should be regulated federally by the CFTC rather than by individual states. (Source: Bloomberg)

Bloomberg · 20h ago
How big a deal is the $6.3bn Binance crypto heist, who did it, and are investments safe?

The incident at Binance could be the biggest theft of any kind in history. We answer some key questions North Korean group blamed for $6.3bn crypto heist Tell us: have you been affected? The world’s largest cryptocurrency exchange has been hit by a $6.3bn heist that, according to experts, is likely to be the work of North Korea . This is not the first time a crypto market has been targeted by hackers, and the rogue state has a track record of this type of theft. Here we answer some key questions about what’s happened: Continue reading...

The Guardian · Oct 30
Tech Stocks Plummet; Hackers Steal Over $6B in Cryptocurrency

Wall Street will be looking to bounce back after a very tough day for tech companies on Thursday that saw shares of Amazon, Intel and Google’s parent company Alphabet plummet. It comes as the crypto industry suffered the biggest heist in history with hackers making off with nearly $6 billion in cryptocurrency. NBC’s Brian Cheung reports for TODAY.

NBC News · Oct 30
AI Policy Risks Loom Over Stock, Bond Traders Ahead of Midterms

Wall Street expects Democrats to win at least one of the houses of Congress in the US midterm elections on Tuesday, setting the stage for a potentially volatile ride in the stock and bond markets with artificial intelligence oversight, defense spending and crypto legislation on the table.

Bloomberg · Oct 30