The $6.3 billion Binance heist has renewed concerns over nation-state cyberattacks and AI-driven vulnerabilities, putting the security preparedness of crypto exchanges under scrutiny
Nischal Shetty, founder, WazirX said that for Bitcoin, $90,000 is a recovery reference and $100,000 remains a possible upside outcome if sustained spot buying and ETF demand continue.
The Binance cyberattack raises questions about the safety of cryptocurrency held on exchanges, who bears the losses and what protection Indian investors have
The original cryptocurrency rose about 1% Monday, trading around $78,300 at 1 p.m. in Singapore
The cryptocurrency exchange said the replenishment included funds from its own corporate treasury
The largest cyber heist in history came as attackers increasingly use artificial intelligence and other advanced techniques to steal crypto and quickly launder the funds
The US agencies are coordinating with private-sector partners to assess the breach and recover stolen funds, while Binance pledged to cover all losses
The record-breaking theft has shaken confidence in cryptocurrency infra, with Binance and its partners freezing billions of dollars in assets and pledging to reimburse customers for their losses
The market impact of the possible hacking, which could be the largest-ever crypto heist according to analytics firm Chainalysis, was felt immediately in early Asian trading on Friday
At the BFSI Insight Summit 2026, crypto experts called for clearer regulations and tax reforms, warning that high taxes were pushing trading overseas despite strong adoption in India.
At the Business Standard BFSI Insight Summit 2026, crypto industry leaders flagged the burden of crypto taxation, called for regulatory clarity and highlighted growing investor interest
Malaysian retailer CryptoBilis, a reseller of hardware crypto wallets, has become a focal point of an investigation into thefts from devices meant to secure digital assets offline
The panel is currently preparing its report for submission to the Speaker of the Lok Sabha
Sanjay Malhotra said RBI supports distributed ledger technology and tokenisation but remains wary of crypto assets over concerns about sovereignty, policy and capital flows in emerging economies
Adam Back, a British cryptographer and one of the early figures in Bitcoin's history, has come into focus as several businesses linked to him face severe scrutiny
The market has added more than $740 billion in value since the US Treasury's announcement last month that it would increase buybacks of long-dated bonds, according to CoinGecko data
Republicans say Trump agreed to provisions restricting politicians' crypto dealings as the Senate prepares to vote on the Clarity Act governing the $2.3 trillion market
The finance ministry said as part of compliance action against non-compliant entities, FIU-IND has issued notices to 15 VDA SPs for non-compliance under Section 13 of the PMLA
Roughly 4,000 of the 4,200 Bitcoin held in a wallet used by Liquid Network were taken, the platform operator said
The AI assistant follows an 'Ask-Understand-Decide' model, coordinating market-data, technical-analysis, portfolio and order-management functions across multi-step requests