Industry
Nubank and Mercado Pago pause some crypto transfers after provider disruption
A third-party disruption led two major Latin American fintech platforms to temporarily halt some crypto transfer services.
News Desks
Industry
Industry — Editorial coverage does not constitute an endorsement or recommendation.
Industry
Insurers reassess crypto cyber controls after record Binance theft
Industry specialists expect underwriters to scrutinize security controls, exclusions and concentration risk more closely.
Industry
Binance hack puts crypto insurance and security controls under closer scrutiny
Insurers are expected to examine crypto companies' cybersecurity controls more closely after the record Binance theft, industry experts told Reuters.
Industry
Coinbase details custody controls after Binance security incident
Coinbase described cold-storage, distributed-key, withdrawal-limit and anomaly-detection controls while saying it was not affected by the Binance incident.
Industry
Binance leadership addresses financial health after record theft
The exchange’s co-CEO sought to reassure stakeholders as withdrawals and recovery efforts remained under scrutiny.
Industry
Binance outflows stabilize after customers withdraw billions following hack
Reuters reported net customer withdrawals of about $4.72 billion after the exchange reopened, while subsequent inflows indicated activity was stabilizing.
Industry
Binance sees billions in net outflows as exchange restores operations
Customer withdrawals became a key measure of confidence as the exchange restored services after the record security incident.
Industry
Binance says most stolen assets have been replenished after hack
The company said it had covered roughly $6 billion of the reported $6.3 billion theft while recovery work continued.
Editorial coverage does not constitute an endorsement or recommendation.