BlackRock, Strategy and Coinbase Launch $15M Bitcoin Security Consortium to Counter Quantum Threats
| CryptoPress | News
Nine major institutions including BlackRock, Strategy and Coinbase launched the Bitcoin Security Consortium on July 23, 2026
Members pledged a combined $15 million over three years to support long-term Bitcoin security research
Primary focus includes preparations for potential quantum computing threats to Bitcoin cryptography
Funds directed independently by each member; consortium takes no role in protocol development or governance…
Bitcoin Drops to $75,700 as AI Stock Rout Triggers Over $1 Billion in Crypto Liquidations
Bitcoin fell 6% to $75,700, touching an intraday low of $75,568, erasing Wednesday’s post-midterm rally above $80,000.
Crypto derivatives liquidations topped $1 billion over 24 hours, with the majority from l…
Bitcoin Rebounds Above $80,000 as Democrats Sweep Midterms, Clouding CLARITY Act Outlook
Bitcoin rebounded above $80,000 after briefly falling to a seven-week low near $75,600 as Democrats swept the U.S. midterm elections.
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Block Shares Rise on Raised Profit Outlook as Firm Details $764M DOJ AML Settlement
Block reported Q3 net income of $566 million, up from $462 million a year earlier, and raised its full-year 2026 gross profit outlook to $12.63 billion.
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November 3, 2026
Binance Completes Zero-Knowledge Proof of Reserves After Covering 95% of Record $6.3 Billion Hack Losses
Binance has replenished approximately 95% of the roughly $6.3 billion stolen in the Oct. 29 hot-wallet hack using company funds.
Users holding BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC can now independently verify 1:1 reserve backing via a completed zero-knowledge proof.
The FBI attributed the attack to North Korea’s TraderTraitor group, the same actors linked to the 2025 Bybit heist.
The exchange is expanding withdrawal access a…
November 2, 2026
Spot Bitcoin ETFs Record $643 Million Outflow After Record Binance Hack as Exchange Sees $3.64 Billion Withdrawals
U.S. spot Bitcoin ETFs recorded $643.3 million in net outflows on Friday, the largest single-day total since June.
Binance processed a net outflow of $3.64 billion in the first 9.5 hours after reopening withdrawals on Sunday.
The FBI attributed the $6.3 billion theft to North Korea’s TraderTraitor group.
Bitcoin recovered to around $78,600 early Monday amid stabilizing markets.
U.S. spot Bitcoin exchange-traded funds recorded their largest d…
November 1, 2026
Binance Replenishes 90% of Assets After Record $6.3 Billion Hack Attributed to North Korea
Binance suffered a $6.3 billion hot wallet compromise on October 29, marking the largest cryptocurrency theft on record.
The FBI attributed the attack to North Korea’s TraderTraitor group, part of the Lazarus Group.
The exchange has replenished 90% of the stolen assets with company funds and targets withdrawal resumption on November 1.
Partners including Tether and Circle froze roughly $3 billion in stolen stablecoins and other assets.
Binance…
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CoinDCX Confirms $16 Million USDT Loss from Retired Wallets Days After CEO Called Breach Reports a False Alarm
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