Cryptocurrency Latest News & Updates
THORChain’s 10 ETH refund error disrupts Binance hackers’ transfers
THORChain has suspended cryptocurrency swaps across 10 blockchain networks after an Ethereum transaction error triggered an emergency shutdown, temporarily disrupting transfers linked to the $6.3 billion Binance hack. Summary THORChain suspended swaps on 10 blockchain networks after an Ethereum block reorganization caused an incorrect 10 ETH refund. The protocol’s automatic solvency checker detected the missing funds and halted Ethereum swaps b...
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Binance reopens USDT, USDC, ETH, BNB withdrawals as President Trump weighs in
Binance has resumed USDT, USDC, ETH and BNB withdrawals on Ethereum and BNB Smart Chain, giving customers access to stablecoin transfers for the first time since the October 29 hack that drained approximately $6.3 billion. Summary Binance has restored USDT, USDC, ETH and BNB withdrawals across Ethereum and BNB Smart Chain. Stablecoin withdrawals resumed on November 1, following Bitcoin’s reopening after the $6.3 billion hack. Binance says it ha...
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Recall Foundation plans 35.86% token burn with no holder payouts
Recall Foundation has announced plans to wind down and burn 358.6 million RECALL tokens, with no treasury payouts or buybacks for holders. Summary Recall plans to burn 35.86% of RECALL’s supply, including locked treasury and ecosystem reserves. Creditors and vendors are allocated $3.45 million from the Foundation’s estimated $3.7 million treasury. Staked tokens remain outside the burn, but holders must initiate their own withdrawals. The app ...
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