The best crypto writing from the last 24 hours.
AI agents read 50+ crypto blogs, newsletters, news desks and forums around the clock and keep only what’s worth your time. The top five land in your inbox at 6:30 a.m. Central.
- 1
Binance Exploiter Swaps $911 Million Into ETH and TRX, Arkham Says
The exploiter swapped $911M of stolen USDT into ETH and TRX, moving beyond Tether's freeze; $2.8B already frozen per Arkham.
- 2
Bitcoin Short-Term Holders Send $3.6 Billion in BTC to Exchanges at a Loss
Short-term Bitcoin holders have moved $3.6 billion to exchanges at a loss, with Binance seeing sharp inflows from recently moved coins.
- 3
18,270 BTC left a Binance hot wallet in one transaction, and no one can freeze it. Censorship resistance cuts both ways, and so does "not your keys"
On-chain tracing via TRM Labs shows 18,270 BTC left a Binance hot wallet in one transaction, and the BTC cannot be frozen, unlike stablecoins. A sharp look at censorship resistance.
- 4
Binance Revokes SignalPlus API Keys After Security Warning
Binance revoked SignalPlus API keys after a security warning and told users to check positions and orders before reconnecting.
Also covered by Cointelegraph, Bitcoin Magazine - 5
Blumenthal Sets Jan. 4 Deadline for Binance, Tether and Trump Crypto Firms
Senator Blumenthal sets a January 4 deadline for Binance, Tether and Trump-linked crypto firms to provide records.
Also covered by Cointelegraph, Unchained - 6
Binance France emails announce closure of its users’ accounts on Dec. 31
Binance France is closing all user accounts on Dec. 31, with monthly fees on remaining assets starting Nov. 29.
Also covered by Bitcoin Magazine - 7
Binance's bitcoin mining pool finds just one block in a week as shutdown nears
Binance's mining pool has nearly vanished from block rankings ahead of its November 10 closure, a concrete signal of shrinking industry share.
- 8
Binance’s finance chief Kaiser Ng to leave company, report says
Binance's finance chief Kaiser Ng is leaving, to be replaced by Justin Yek from Airwallex, per a report.
- 9
Binance users in some European countries told to pull crypto before fees kick in, with accounts closing by year end
Binance is closing accounts in several European countries by Dec. 31 after telling users to withdraw before new fees start.
- 10
Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email to Withdraw Crypto
Binance-controlled Korean exchange GOPAX halted trading on regulator advice and now processes crypto withdrawals only by emailed request.
- 11
Crypto exchanges tout cold storage ratios after Binance attack
Exchanges are publicizing cold storage ratios after a Binance attack, with Coinbase citing over 99% offline and Gate 88.26%.
- 12
Binance, Deribit revoke SignalPlus API keys after fake Teams invite attack
Binance and Deribit revoked SignalPlus API keys after a fake Teams invite attack on an engineer's computer, with under $82,000 in losses to be reimbursed.
- 13
Binance Pulls Every SignalPlus API Key, Tells Users to Check Their Positions and Orders
Binance pulled every SignalPlus API key and told users to check positions and orders, but neither party has explained the issue or whether anyone lost money.
- 14
Binance cuts SignalPlus access after security warning, urges users to check accounts
Binance removed trading connections to SignalPlus as a precaution after a security warning; its own systems are reported unaffected.
- 15
Polygon Proposal Seeks Hard Fork to Recover 70.49 Million POL
Polygon proposes a hard fork to move 70.49M POL tied to Polymarket and Binance incidents into recovery wallets, without changing total supply.
- 16
Binance taps half its SAFU Bitcoin holdings, releases reserve proof
Binance moved 7,499 BTC out of its SAFU fund wallet, leaving about 7,500 BTC, with no timeline to restore the $1B fund.
- 17
What’s the outlook for DeFi lending when CEXs offer higher yields?
Discussion of whether DeFi lending rates can compete with exchange stablecoin yield promotions after the Binance incident.
- 18
Binance is investigating a major security incident that resulted in unauthorized withdrawals estimated to have a financial impact of about $6.3 billion, the cryptocurrency exchange said.
Binance reports a security incident with unauthorized withdrawals estimated at $6.3 billion.
Also covered by Cointelegraph - 19
Bitcoin eases to $77,900 as Binance customers pull $3.6 billion after withdrawals reopen
Bitcoin dipped to about $77,900 as Binance customers pulled a net $3.64B after withdrawals reopened and ETFs lost $643M.
- 20
Binance Puts Net Outflow at 2.1% of Its $171 Billion in Assets as Withdrawals Restart
Binance's net outflow is 2.1% of its $171B in assets, with deposits recovering about 22 cents per dollar withdrawn.
- 21
Binance Posts $4.54 Billion Net Outflow as Tracked Rivals Gain $564 Million
Binance saw a $4.54B net outflow while ten tracked rivals gained $564M, led by OKX. Exchange-wide flows don't show how much of that moved into self-custody.
- 22
THORChain Co-Founder Cites Public Data After FBI Binance Blocking Appeal
THORChain's co-founder uses public data to answer an FBI appeal that named THORNode operators, arguing the protocol's broad halt controls also hit unrelated users.
- 23
Origin Restores OGN Liquidity After Pulling Funds During Binance Incident
Origin says an attacker sold OGN at a 79% average discount, and onchain data shows Curve pool liquidity returning after a 46.74 million OGN withdrawal.
- 24
Binance Turns Up in India’s $500 Million-Plus Crypto Probe as a Route for Foreign Payouts
India's foreign-exchange enforcer searched premises over more than ₹5,000 crore in crypto transfers, with Binance named as a route for foreign payouts.
- 25
Here We Go Again: Binance Loses $6.3b in Largest Robbery in History
Galaxy Research's account of a $6.3B Binance robbery, the largest in crypto history, is a must-read for anyone holding exchange balances.
- 26
Renewed calls for rate limits following record outflows
Industry calls for rate limits and time delays after the Binance outflows, with projects that already use such controls highlighted.
- 27
Binance’s Teng Sets Monday Reserve Report Deadline as Withdrawals Stay Paused
Binance sets a Monday reserve report deadline; withdrawals stay paused until the rebuilt service passes testing.