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Binance taps half its SAFU Bitcoin holdings, releases reserve proof

Binance taps half its SAFU Bitcoin holdings, releases reserve proof
Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restoring the $1 billion fund. Binance’s publicly disclosed emergency Bitcoin wallet held roughly half its previous balance on Monday after the exchange tapped its user protection fund to cover losses from Thursday’s $6.3 billion hack. The exchange confirmed a transfer of 7,499 Bitcoin (BTC) on Saturday, linking it to the partial deployment of its Secure Asset Fund for Users (SAFU).

📰 CoinTelegraph

#Bitcoin #BTC #BitcoinHalving #BTC #CryptoNews
📢 @Coindce
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Bitcoin Price Holds 50-Week Trend Despite $6.3B Binance Hack

Bitcoin has closed above its 50-week moving average for a seventh consecutive week despite the $6.3 billion Binance hack and renewed crypto-market volatility. Glassnode says even a pullback toward $75,800 could leave the broader technical setup intact. Bitcoin Price Holds 50-Week Trend Despite $6.3B Binance Hack
Key Takeaways
- Bitcoin held above its 50-week average for a 7th week despite the $6.3B Binance hack.

📰 Bitcoin.com

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
🐋 Large BTC Transfer Detected

₿ Amount: 288 BTC (~$22M)
🔗 View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
📢 @Coindce
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Adam Back: Pension Funds Are Bitcoin’s “Third Wave” of Adoption

The first wave of Bitcoin adoption was individuals. Adam Back, CEO & Co-Founder of Blockstream, explains why the third wave of model portfolios, managed funds and pension funds is still largely to come, and how Swiss banks are getting ready for it. Chapters:
00:00 Why Blockstream Opened an Office in Lugano
01:20 Why Blockstream Started Offering Consulting
02:01 Swiss Banks Want Quantum-Safe Bitcoin Custody
03:04 Tokenized Money Market Funds vs.

📰 Bitcoin Magazine

#Bitcoin #BTC #CryptoETF #Institutional #CryptoNews
📢 @Coindce
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Bitcoin Price Analysis: Is the September Rally Structure in Danger as BTC Hangs by a Thread?

Bitcoin is attempting to stabilize around $78K after posting its fourth straight weekly loss, with sentiment weighed down by the record Binance hack and a $643.3 million withdrawal from U.S. The asset now sits inside a key demand zone that could decide whether the September rally structure survives.

📰 CryptoPotato

#Bitcoin #BTC #CryptoNews
📢 @Coindce
🐋 Large BTC Transfer Detected

₿ Amount: 81 BTC (~$5M)
🔗 View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
📢 @Coindce
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Brazil’s Mercado Bitcoin Halts Withdrawals After Estimated $46M Stolen

Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, said Monday that it had halted deposits and withdrawals following a “security incident.” A prominent analyst pegged the damages at $46 million worth of crypto and counting across numerous chains, including Bitcoin and Ethereum. Brazil's Mercado Bitcoin Halts Withdrawals After Estimated $46M Stolen
Key Takeaways
- Brazilian cryptocurrency exchange Mercado Brazil said Monday that it was targeted in a security incident. - The firm suspended withdrawals and deposits while saying customer funds were not impacted.

📰 Bitcoin.com

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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Brazil's Largest Exchange Mercado Bitcoin Halts Withdrawals After $40 Million Hack

In brief
- Mercado Bitcoin suspended deposits and withdrawals on Monday after a security incident, saying customers lost nothing and no data leaked. - Blockchain security firm Hypernative flagged more than $40 million in suspicious transfers across at least 10 blockchains; the exchange has not confirmed that figure. - Tether CEO Paolo Ardoino said the stablecoin issuer froze more than 4.5 million USDT tied to the incident.

📰 Decrypt

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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3 Signals That Could Shape Bitcoin’s Next Move After Binance Hack

The hacker moving the stolen funds could create localized selling pressure while also making their recovery and attribution harder.

📰 CryptoPotato

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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Binance Hack Fallout Keeps Bitcoin Price Under Pressure Below $77K

Bitcoin slipped below $77,000 on Monday, despite Binance’s announcement that it had fully replenished assets lost in the recent hack using its own funds. Another, albeit much smaller crypto exchange hack also popped up on Monday. Binance Hack Fallout Keeps Bitcoin Price Under Pressure Below $77K
Key Takeaways
- Bitcoin fell below $77,000 on Monday as the Binance hack continued to weigh on investor confidence.

📰 Bitcoin.com

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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Mercado Bitcoin Halts Withdrawals After Security Incident as Hypernative Flags $40M Outflows

Tether has blacklisted two more of the attacker's addresses, on Ethereum and Tron, freezing the USDT sitting inside them.

📰 CryptoPotato

#Bitcoin #BTC #CryptoRegulation #SEC #CryptoNews
📢 @Coindce
🐋 Large BTC Transfer Detected

₿ Amount: 118 BTC (~$9M)
🔗 View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
📢 @Coindce
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Mercado Bitcoin wallets keep moving funds after $46M hack

Mercado Bitcoin wallets keep moving funds after $46M hack
Brazil’s exchange Mercado Bitcoin paused deposits and withdrawals after a security breach, saying customer funds and data were safe. Mercado Bitcoin, one of Brazil’s largest Bitcoin exchange, has confirmed a security incident that saw over $46 million worth of cryptocurrency drained from wallets on Monday. Despite the company’s announcement that deposits and withdrawals had been suspended, addresses associated with the incident continued to receive funds for hours afterward.

📰 CoinTelegraph

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally

Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the US-Iran war. Bitcoin (BTC) returned below $77,000 after Monday’s Wall Street open as crypto shrugged off hopes of a US-Iran peace deal. Key points:
- Bitcoin fell below $78,000 as WTI crude oil hit $95.15 per barrel, its lowest since Oct.

📰 CoinTelegraph

#Bitcoin #BTC #AI #CryptoAI #CryptoNews
📢 @Coindce
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Mercado Bitcoin, Brazil’s largest crypto exchange, hit by $46 million security breach

Brazil's largest crypto exchange Mercado Bitcoin confirmed earlier Monday a security incident and paused withdrawals.

📰 The Block

#Bitcoin #BTC #CryptoRegulation #SEC #CryptoNews
📢 @Coindce
🐋 Large BTC Transfer Detected

₿ Amount: 2,970 BTC (~$228M)
🔗 View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
📢 @Coindce
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BTCPay Server Reveals How Attackers Targeted Older Instances in Hot Wallet Incident

Founder Nicolas Dorier says public servers running version 2.4.7 were not attacked. Meanwhile, older vulnerabilities are under investigation.

📰 CryptoPotato

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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AI poses greater threat to Bitcoin than quantum computing, Swan founder says

He argued that the network could adopt quantum-resistant protections if the threat became credible, but said rushing to implement them now would introduce unnecessary complexity. He warned that cryptocurrency companies cannot rely on hastily developed software when safeguarding customer assets. “You need to actually know what the hell you’re doing from a security standpoint,” he said.

📰 CoinTelegraph

#Bitcoin #BTC #AI #CryptoAI #CryptoNews
📢 @Coindce
🐋 Large BTC Transfer Detected

₿ Amount: 217 BTC (~$17M)
🔗 View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
📢 @Coindce
🐋 Large BTC Transfer Detected

₿ Amount: 103 BTC (~$8M)
🔗 View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
📢 @Coindce