Hackers Convert Stolen Altcoins into 2,300 Bitcoin After Binance Breach
Hackers have converted about $175 million of stolen altcoins into roughly 2,300 Bitcoin, according to Elliptic.
3 sources
BN
Bitcoin.com News
Briefs below draw on Bitcoin.com News reporting and at least one other publisher.
Regulation
Neutral
Greece parliament approves 10% crypto gains tax and 15% staking levy
Greece's parliament passed a bill imposing a 10% capital‑gains tax on cryptocurrency profits and a 15% tax on income from staking, lending and DeFi.
2 sources
WLFI
+0.4%
USD1
−0.0%World Liberty Financial launches WLFI token buyback amid Democratic scrutiny
World Liberty Financial announced a WLFI token buyback program funded by fees or interest from its USD1 stablecoin reserves. The move aims to bolster the WLFI ecosystem and governance.
3 sources
Regulation
Neutral
Hollywood Studios Ban Employees From Betting on Prediction Markets
Major Hollywood studios and production companies are issuing new guidelines that prohibit staff from placing bets on prediction markets.
2 sources
Regulation
Neutral
Ripple executives defend political spending after midterm elections
Ripple executives defended the cryptocurrency industry's political standing following the midterm elections. CEO Brad Garlinghouse noted that pro-crypto candidates secured victories across both political parties.
2 sources
Bitcoin drops below $77000 amid tech stock selloff
Bitcoin fell below $77,000 as a technology stock selloff spread across risk assets. Bitstamp data showed BTC falling from an $81,105 peak to a low of $76,059. The decline erased Wednesday post-election recovery gains.
4 sources
Bitcoin recovers following US midterm elections and recent exchange hack
Bitcoin experienced volatile trading, falling below $76,000 before rebounding above $78,000 following the U.S. midterm elections and a recent exchange hack.
2 sources
CAP
−3.4%Hackers steal billions from Binance as cryptocurrency market cap falls
Hackers stole virtual assets from Binance on October 29. The FBI attributed the theft to North Korea. Companies behind two digital dollars froze nearly half of the stolen funds.
3 sources
USDT
−0.0%Moscow Exchange to start regulated Bitcoin, Ether and USDT trading in December
Moscow Exchange announced a December launch of crypto trading for Bitcoin, Ether and USDT. The platform will use its existing stock‑market infrastructure and the National Clearing Center for clearing.
2 sources
UNI
−2.0%Tesla and SpaceX block third party tokenized stock trading
Tesla and SpaceX have joined a growing list of companies objecting to third-party tokenized stock listings on the planned OKXICE venue.
6 sources
US crypto funds record heavy outflows at start of November
US spot Bitcoin ETFs recorded $398.6 million in net outflows on Monday. BlackRock's IBIT accounted for $405.3 million of the Bitcoin fund exits.
4 sources
BlackRock bitcoin fund faces security warnings after exchange hack
US spot Bitcoin ETFs recorded their largest one-day outflow since June 25 following a major cryptocurrency exchange hack.
2 sources
Stolen funds move as Binance restores user withdrawals after hack
A wallet linked to the recent Binance hack transferred 80 million XRP to mystery addresses. The transfer followed a security breach that resulted in substantial cryptocurrency losses.
4 sources
Bitwise raises long term bitcoin target to sixteen million by 2036
Bitwise raised its long-term bitcoin price forecast to $1.6 million by 2036. The updated base-case forecast implies a 34.3% compound annual growth rate from the reference price.
2 sources
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.
2 sources
Hacks & Security
Bearish
Israel extradites suspect to United States for Nomad bridge exploit
Israel extradited an Israeli-Russian citizen to the United States to face charges over an alleged theft involving the Nomad crypto bridge. Alexander Block, formerly known as Alexander Gurevich, was transferred to U.S.
2 sources
Crypto leaves Binance wallets as exchange investigates potential security issue
Billions of dollars in cryptocurrency left Binance wallets on Thursday. Binance acknowledged a potential security issue and stated that teams are investigating. Founder Changpeng Zhao stated that it looks like a hack.
15 sources
RLUSD
−0.0%Ripple stablecoin RLUSD earns investment grade ratings from Moodys
Ripple secured an investment grade rating from Moody's for its RLUSD stablecoin. Moody's assigned A2 long term and P 1 short term deposit ratings to RLUSD.
3 sources