THORChain Reopens Swaps and North Korea’s Binance Hackers Rush Back In, Turning Stolen Ether Into Bitcoin Beyond the Reach of Freezes

A refund bug forced THORChain to halt cross-chain swaps last weekend, accidentally stalling North Korea’s laundering of the $6.3 billion Binance haul. Now the network is back online, the hackers are swapping ether for bitcoin again, and the episode is forcing a hard question on decentralized finance: who is responsible when a neutral protocol moves stolen money?

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Crypto’s Hack Wave Spreads Beyond Binance as Mercado Bitcoin Loses $38 Million and a Suspected $133 Million EU Theft Surfaces

Brazil’s largest exchange, Mercado Bitcoin, lost about $38 million from its hot wallets and pledged to cover customers, while an on-chain investigator traced a suspected $133 million theft from an unnamed EU entity through Kraken, Crypto.com and OKX. Here is what happened and what businesses holding crypto should do.

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Binance Reopens Withdrawals as FBI Pins $6.3 Billion Hack on North Korea’s TraderTraitor

Binance restarted withdrawals in phases on Sunday, saying it has replaced about 95% of the $6.3 billion stolen in the largest crypto hack on record, as the FBI named North Korea’s TraderTraitor group and bitcoin started November under pressure.

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