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The BSCN Debrief — The BSCN Debrief: a daily newsletter from BSC News, recapping the most important crypto stories of the past 24 hours, plus quick briefs on the day's top articles. — Page 12

Binance Reveals How Hackers Breached Wallets for $6.3B Attack

Binance disclosed that hackers gained access to its wallet systems through a months-long operation beginning in June. An engineer downloaded corrupted software while searching for an AI coding tool, giving attackers entry. On October 20, intruders used the compromised machine and an internal AI system to control two developers' accounts. On October 29, they executed unauthorized transactions moving 233.46 million XRP, 970,500 SOL, 44.2 million OP and 18,270 BTC from five hot wallets within minut

  • Bsc news brief
  • Crypto news
Binance Reveals How Hackers Breached Wallets for $6.3B Attack

Kaspa Dollar Proposal Links Stablecoin Oracle to Mining Network

Technical specifications for Kaspa Dollar describe a stablecoin design that would use proof-of-work infrastructure and assign KAS miners a role in maintaining the dollar peg. The proposed oracle would rely on KIP-21 sequencing commitments, with price feed information recorded in proof-of-work block space. Developers state the oracle would be resistant to censorship and provide miners with additional revenue beyond standard block rewards.

  • Bsc news brief
  • Crypto news
Kaspa Dollar Proposal Links Stablecoin Oracle to Mining Network

US Regulators Clear Perpetual Futures on Individual Stocks

The Commodity Futures Trading Commission has authorized perpetual futures contracts on individual stocks for trading on US exchanges. CFTC Chairman Michael Selig announced the decision on November 3, following coordination with the Securities and Exchange Commission under Chairman Paul Atkins. The products will trade on markets registered with both agencies under rules from the Commodity Futures Modernization Act of 2000.

  • Bsc news brief
  • Crypto news
US Regulators Clear Perpetual Futures on Individual Stocks

Subscribe to The BSCN Debrief

The BSCN Debrief: a daily newsletter from BSC News, recapping the most important crypto stories of the past 24 hours, plus quick briefs on the day's top articles.