Search results for Secret Service
Crypto
Wall Street sees crypto-linked stocks as buying opportunity after Binance hack
Major Wall Street brokerages say there is no reason to leave the crypto market after the Binance hack and are pitching battered crypto-linked stocks as a buying opportunity. Cantor Fitzgerald, TD Cowen and Compass Point say the roughly $6.3 billion breach is unlikely to break the broader recovery. They cite rapid industry action to freeze stolen funds and Binance’s ability to cover losses. Moody’s Ratings took a more cautious view, highlighting cyber risks and uncertainty over final losses.
Crypto
After Binance hack, CZ says FBI helped limit bitcoin decline
Binance founder Changpeng Zhao said U.S. investigative agencies helped keep bitcoin from falling more after a $6.3 billion security breach at Binance. He said the FBI, IRS Criminal Investigation and the Secret Service supported tracking and freezing stolen funds. His comments came after the FBI publicly identified a North Korean hacking group as behind the theft of more than $6 billion in crypto.
AI & Enterprise
How did $6.3 billion disappear so fast? Inside crypto\'s biggest hack ever
A $6.3 billion hacking incident at Binance has rattled the crypto market, marking the largest theft in the sector. Reports said abnormal transactions began on Oct. 29, draining funds from a major hot wallet. Blockchain analysts pointed to a North Korean-linked group, though Binance has not identified the attacker. Binance halted deposits and withdrawals and pledged to cover losses, citing emergency funds and additional reserves, while partners froze about $3 billion.
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AI & Enterprise
Korean security industry pushes AI deployment as M&A gains momentum
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AI & Enterprise
Korean police warn of Gunra ransomware spread, issue joint South Korea-U.S. cybersecurity advisory
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Crypto
Top 10 tactics targeting crypto investors, from deepfakes to romance scams
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Crypto
JackXBT raises claim insiders hold 90 percent of supply for Memecore token