Category: Virtual Currency

Binance’s $6.3 Billion Hack Is Just the Start of a Risky New Era

The New York Times – Business:
The largest cyber heist in history came as attackers increasingly use artificial intelligence and other advanced techniques to steal crypto and quickly launder the funds.
Binance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.

The New York Times – Business:
Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.
Binance Hack Sends Crypto Stocks Tumbling

The New York Times – Business:
The rout hit publicly traded crypto exchanges and fintech companies, as well as cryptocurrencies like Bitcoin.
Binance Grapples With ‘Security Incident’ That May Cause $6.3 Billion in Losses

The New York Times – Business:
The world’s largest crypto exchange suspended deposits and withdrawals after an apparent hack.
Binance Grapples With ‘Security Incident’ That May Cause $6.3 Billion in Losses

The New York Times – Business:
The world’s largest crypto exchange suspended deposits and withdrawals after an apparent hack.
How Two Crypto Billionaires Are Making British Politics More American

The New York Times – Business:
A pair of low-profile entrepreneurs gave $100 million to Nigel Farage’s Reform U.K. Party. The system may never be the same.
Inside Binance Founder Changpeng Zhao’s Life After Prison

The New York Times – Business:
Changpeng Zhao, jailed in the United States for a financial crime and pardoned by President Trump, is now living a gilded life in the United Arab Emirates.
Under Trump, Commodity Futures Trading Commission Scales Back Enforcement, Worrying Farmers

The New York Times – Business:
The fate of two cotton brokers highlights how the Commodity Futures Trading Commission has scaled back its regulatory actions not just for crypto cases but also for the kinds of cases it has long policed.
Senate Votes to Block Crypto Bill in Major Blow to the Industry

The New York Times – Business:
The landmark legislation, known as the Clarity Act, stalled in the Senate as Democrats raised concerns about President Trump’s personal investments in crypto.
Two Chinese Firms Used Binance to Launder Iranian Oil Money, US Says

The New York Times – Business:
Federal prosecutors said proceeds from the sale of Iranian oil flowed through Binance, the world’s largest crypto exchange, to finance terrorism.
Steve Witkoff, Trump’s Special Envoy, Made More Than $250 Million While in Government

The New York Times – Business:
A disclosure shows that Steve Witkoff collected nearly $107 million in 2025 from a holding company that includes a crypto business owned by his family and President Trump’s.
Hunter Biden’s ‘Laptop’ Crypto Coin Plummets Upon Launching

The New York Times – Business:
The president’s son portrayed his memecoin as a symbol of redemption. Critics denounced it as hypocrisy.