Doohyun Hwang

U.S. Spot Ether ETFs Shed $105.48 Million, Marking Fourth Straight Session of Net Outflows

U.S. spot Ether exchange-traded funds saw more than $100 million leave in a single day. Outflows were concentrated in BlackRock products, while Fidelity's fund was the only one to record an inflow. SoSoValue data for October 29 showed U.S. spot Ether

Binance Says Deposits Normal, Withdrawals to Resume Within 48 Hours

Binance said it will resume withdrawal services within 48 hours. In a post on its official X account on Oct. 29, Binance said withdrawals would remain suspended while it overhauls security systems related to withdrawal services and associated address

US Spot Bitcoin ETFs Draw $17.07 Million, Extending Inflow Streak to Four Sessions

US spot Bitcoin exchange-traded funds posted net inflows for a fourth straight trading session. Data from SoSoValue on Oct. 29 showed the funds recorded $17.07 million in net inflows for the day. Four ETFs took in money, while two posted outflows. Bl

Bitcoin Tops $78,000

Musk Says Binance Hack Shows AI Could One Day Target Crypto for Itself

Elon Musk said the Binance hack shows that superintelligent artificial intelligence could one day target cryptocurrencies on its own. In a post on X on Oct. 29, Musk replied to a post saying the Binance attacker borrowed Ether using stolen Tether, or

Binance Estimates Security Breach Losses at $6.3 Billion, Suspects Employee Laptop Hack

Binance has estimated losses from the latest security incident at about $6.3 billion. The global cryptocurrency exchange said the attacker may have accessed internal systems by compromising a laptop used by an employee responsible for development and

Hanwha Investment & Securities Signs MOU With Chainlink on Real-World Asset Tokenization

Hanwha Investment & Securities is moving to build financial infrastructure that would allow real-world assets to be issued and traded on blockchain networks and used as collateral. The company said on October 30 that it had entered into a strategic p

Binance Hit by $5.9 Billion Hack, Alphabet Sinks 13% in Day of Fear for Stocks and Crypto

Binance freeze tally expands to $3 billion Alphabet’s 13% plunge hits Kospi head-on U.S. tech stocks, South Korea’s equity market and cryptocurrencies were rocked by back-to-back shocks on Oct. 30. Alphabet slumped more than 12% in New York trading,

Binance Reaffirms Full Compensation for Hack Losses, Temporarily Halts Deposits and Withdrawals

Binance, the global cryptocurrency exchange hit by a major hack, reaffirmed that it will fully compensate users for all losses. In a post on its official X account on Oct. 29, Binance said it would "cover all losses" and had temporarily suspended all

MoonPay, NH NongHyup Bank and Finger Team Up to Develop Global Payment, Settlement Model

MoonPay, a global digital-asset payments and stablecoin infrastructure company, said on October 30 that it signed a memorandum of understanding with NH NongHyup Bank and South Korean fintech company Finger to cooperate on digital-asset-based financia

Coinbase Offers to Help Binance After Hack, Says Customer Protection Comes First

Coinbase, the U.S. cryptocurrency exchange, is helping Binance respond to a hack by blocking transfers to compromised wallets and offering direct assistance to the rival exchange. On October 29, Coinbase Chief Executive Officer Brian Armstrong wrote

Alphabet Shock Sends Kospi Back to 5,600 as Samsung, SK Hynix Slide

Alphabet Earnings Shock Hits Chip Stocks Samsung Electronics Down 5%, SK Hynix Falls 9% Foreign, Institutional Investors Net Sell 780.2 Billion Won South Korea’s Kospi sank more than 5% intraday on October 30, sliding back to the 5,600 level. Selling

Kospi Tumbles More Than 4%; Sell-Side Sidecar Triggered

Binance Hacker Sells 7 Tokens, Accumulates $158.25 Million of Ether

The attacker behind the Binance hack sold seven stolen altcoins and amassed a large Ether position, on-chain data showed. The cryptocurrency taken from the exchange is being rapidly converted into other assets. According to on-chain analytics firm Lo

Binance Hack May Have Exploited Transaction Approval System, Echoing Bybit Breach

Blockaid Raises Possibility of Abuse of Signing Framework "Very, Very Similar" to Last Year's Bybit Attack The attacker behind the Binance hack may have exploited the exchange's transaction approval system instead of stealing a private key. The analy

Bitcoin Falls Below $77,000 as Selloff Deepens

Binance Hit by Suspected $5.7 Billion Outflow, Roiling Crypto Market

Binance, $5.7 Billion in Estimated Coin Outflows Bitcoin Down 4%, Ethereum Falls 4.5% $2.54 Billion Frozen as DeFi Also Put on Alert The cryptocurrency market is reeling after a major hack at Binance, the world’s largest digital-asset exchange. Exter

Bitcoin Falls Below $78,000 on Fallout From Binance Hack

Binance Says Verified Frozen Assets in Security Incident Total $2.54 Billion, More Tracing Underway

Binance said assets frozen in connection with the security incident have been confirmed at a total of $2.54 billion. The exchange disclosed the official tally after differing figures circulated in the market and said it is also working to block addit

Bitcoin Set Fresh Highs After Major Crypto Shocks. Can It Rebound Again After Binance?

Recovery followed Bitfinex and Binance breaches Bitcoin set a new record three months after the Bybit hack The cryptocurrency market has been rattled by the Binance hacking incident, bringing renewed attention to Bitcoin’s history of bouncing back fr

Binance Delays Withdrawal Resumption, Temporarily Halts Alpha Trading

Binance, the global cryptocurrency exchange, has delayed the resumption of withdrawals and temporarily suspended Binance Alpha trading as it conducts a security review. On Oct. 29, Binance said on its official X account that it was carrying out a sec

Binance Also Hit by Hack Fears as Estimated Outflows Top $5 Billion

Estimated asset outflows exceed $5 billion Bitget, CoinDCX also suffer fresh breaches Binance, the world’s largest cryptocurrency exchange, is facing allegations of a major hack. On-chain analysis detected signs that more than $5 billion in assets ma

Coinbase Swings to Q3 Profit With $719 Million Net Income

Coinbase swung to a profit in the third quarter, though most of the gain came from mark-to-market gains on crypto assets held on its balance sheet. Crypto outlet Decrypt reported on October 29 that Coinbase posted third-quarter net income of $719 mil

Alphabet Plunges 12% as AI Investment Fears Knock New York Stocks Lower

Tech Selloff Spreads After Earnings Disappoint Semiconductor Index Falls for First Time in Five Sessions Alphabet’s earnings shock hit Wall Street, as growing doubts over whether heavy artificial intelligence investment can translate into profits tri

Binance Outflows Estimated at $5.6 Billion, With More Than Half Unfrozen

Signs of 18,270 Bitcoin Leaving Binance Assets that flowed out of global cryptocurrency exchange Binance are estimated at $5.6 billion, with more than half not subject to emergency freezes, according to an analysis. Stablecoin issuers moved quickly t

Binance.US Says It Was Unaffected by Binance Security Incident

Binance.US, the U.S. cryptocurrency exchange, said it was unaffected by the security incident involving Binance. The company said customer funds are safe and services are operating normally. In an official post on X on Oct. 29, Binance.US said it was

Foreign Investors Turn Net Sellers After a Month, Dump 19.1 Trillion Won of Korean Stocks in September

Net selling on the Kospi alone reached 17.5 trillion won Bonds also posted net outflows for a second straight month Foreign investors turned net sellers in South Korea's stock market after one month, unloading more than 19 trillion won of shares in S

Binance Says Some Users Face Withdrawal Disruptions, Restoration Underway After Technical Error

Some users at global cryptocurrency exchange Binance experienced problems processing withdrawals. On October 29, Binance wrote on its official X account that it was aware some users were having difficulty withdrawing crypto because of a technical err

Binance Hacking Fears Spark Crypto Rout as Bitcoin Breaks Below $79,000

Assets worth $2.77 billion were seen leaving wallets linked to global cryptocurrency exchange Binance, prompting the platform to launch an urgent investigation. Amid suspicions of a hack, Bitcoin fell below $79,000 for the first time in about 40 days

Binance Says It Is Aware of Potential Security Incident, Probe Underway

Binance, the cryptocurrency exchange, said it has received reports of a potential security issue and is investigating. The statement was the exchange’s first official response after allegations of a hack surfaced. Binance said in a post on its offici