BeInCrypto

Crypto liquidations reached $627.7 million in a single hour late Thursday, $606.6 million of it on bets that prices would rise, Coinglass data shows. Bitcoin (BTC) fell below $79,000 and Ethereum (ETH) under $2,240 as traders reacted to an unexplained $2 billion outflow from Binance hot wallets.

Nobody has confirmed a hack, and Binance has not comme...

More than $2 billion in Ethereum (ETH) and tokens left Binance hot wallets on Thursday for an address created hours earlier and funded through Tornado Cash, Etherscan data shows. Binance has not said whether customer deposits are at risk.

The money in those wallets belongs to Binance users, and a confirmed theft would dwarf the $387 million Bitget h...

Coinbase (COIN) earned $718.7 million in the third quarter when Wall Street expected a loss. The same filing revealed that its CEO, a co-founder, and its president plan to sell up to 13.6 million shares over the next 14 months.

Those plans cover about 6% of Coinbase’s 223.7 million Class A shares, worth roughly $2.2 billion at Thursday’s $160.59 clo...

Polymarket halted all new trading on Thursday, 20 minutes after a trader said $800,000 was drained from his account and warned that other users were hit. The company has not said whether it was hacked.

Until the freeze lifts, users with open positions can cancel pending orders but cannot buy or sell. The trader said a friend lost another $600,000, b...

A week after a robotics token debuted on Binance, one seller dumped 42 million of them for about $5 million in one day. Investigator ZachXBT says Axis insiders received them from a team wallet.

The price fell about 40% in a day, hitting traders who bought after the listing. Axis says its team sold nothing.

Who Sold the AXIS Tokens?

Axis...