Top story: Binance $6.3B Hack: North Korea Denies, Seoul Delays Sanctions. At publication, Bitcoin was at $75,550 (-6.0% in 24h), Ether at $2,224.93 (-8.2% in 24h) and the total crypto market cap at $2.56 trillion (-7.8% in 24h).
North Korea Denies Binance Hack as Seoul Delays Sanctions Talks
North Korea rejected the FBI's attribution of the $6.3 billion Binance theft to its TraderTraitor operation. South Korea has not begun sanctions talks tied to the October 29 breach, saying it lacks a full picture of the incident.
The CFTC approved KalshiEX's BTCPERP, a no-expiry bitcoin perpetual futures contract, and issued staff-level relief letting Coinbase route certain Deribit products to US customers. Both actions are conditional, and the scale of US perpetuals trading will depend on leverage limits and liquidity.
The CFTC approved Kalshi's BTCPERP, a bitcoin perpetual futures contract on a CFTC-regulated exchange, and granted Coinbase no-action relief to route US clients to offshore derivatives venues. Kalshi says it aims to launch within the next month, and Bitnomial received a similar approval in December with a 25-year term limit.
Federal Reserve and OCC supervisors began contacting banks after the $6.3 billion hot-wallet theft from Binance on October 29. Sources say the outreach focused on unusual activity and service disruptions, and one bank reported none.
Binance recorded a positive daily net inflow after resuming withdrawals following a hack estimated at roughly $6.3 billion. Sources disagree on the size of the inflow, and seven-day net outflows remain at $11.832 billion on DefiLlama's dashboard.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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