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Binance hack sees large XRP withdrawals as exchange pledges full backing
Binance suffered a hack that led to unauthorized XRP withdrawals from its wallets. Blockchain analysts traced multiple large transfers, including tens of millions of XRP moved within minutes.
- Binance was hacked, resulting in unauthorized XRP withdrawals from its wallets.
- Analysts observed multiple large XRP transfers, including tens of millions moved within minutes.
- Binance stated that XRP balances are fully backed and most assets have been replenished.
Binance to resume withdrawals after largest exchange hack on record
Fifty public companies object to tokenized stock trading on OKXICE
Bitwise raises long term bitcoin target to sixteen million by 2036
XRP exchange reserves drop as token holds key support level
Major cryptocurrency exchanges recorded a combined decline of 250 million XRP in reserves. Binance reached its lowest XRP balance since December 2022. Bybit and Bithumb also registered lower token balances.
US spot Ethereum exchange traded funds record month of outflows
US spot Ethereum ETFs logged 23 consecutive sessions of net outflows. Investors pulled more than $1 billion from the funds during October. BlackRock's ETHA contributed heavily to the redemptions.
Binance resumes withdrawals in first phase after major hack
Binance started restoring withdrawals on November 1, 2026, with phase one opening between 06:00 and 09:00 UTC. The initial batch includes 15 networks such as Bitcoin, Ethereum, BNB Smart Chain and Solana.
Next Technology plans to sell 5,833 BTC after Binance hack
Next Technology Holding, a Nasdaq-listed firm, announced its board approved selling or pledging its roughly 5,833 Bitcoin. The move follows the recent Binance security breach and worries about quantum computing threats.
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