Selloff in BTC, ETH and XRP forced about $1.5B in leveraged closures, with long positions making up most of the liquidations.
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Records show delegated code on Binance 14 could move its own assets and control another wallet, a key clue in the suspected hack; how the permission was obtained is unknown.
Polymarket users were drained via a compromised third-party monitoring script, with at least $800k reported stolen; Polymarket halted trading.
On-chain analysis: a 544,000 BTC move in 200 sweeps on Nov 22, 2025 was Coinbase's wallet migration, not new buyers.
Ransomware group leaked backend data from no-KYC swap Wagyu.xyz, exposing 38k orders and user IPs; the lesson is that off-chain databases, not Monero, are the privacy weak point.
Binance's incident timeline and FAQ: it says customer funds are safe, while recovery and losses remain unclear.
Singapore police link S$3.5M in losses to Ledger wallets bought from local retailers, with preliminary findings of malicious hardware inside some devices.