The market this morning

Binance says it has replaced 90% of the crypto drained in a multibillion-dollar breach, with withdrawals targeted for Sunday

By Crypto Info News

Good morning. Binance said it has replenished 90% of the crypto taken in what Decrypt called the biggest crypto heist in history, and is targeting Sunday for withdrawals, Cointelegraph reported. The remaining shortfall is in less-liquid tokens, and Binance continues buying replacement assets through market and over-the-counter trades. CoinDesk reported that Binance is absorbing all losses through corporate funds, futures reserves and its SAFU fund, keeping user balances intact.

The reported size of the loss is disputed. Decrypt put it at roughly $6.4 billion and tied the attackers to North Korea; CoinDesk referred to a $6.3 billion breach. We do not resolve the difference here.

Strive CEO Matt Cole said the hack has not changed his long-term case for Bitcoin but cautioned it is too early to call a market bottom, Cointelegraph reported. Bitcoin itself moved little: it traded around $77,474, up 0.32% over 24 hours, with a market cap near $1.56 trillion. Ether was around $2,254, up 0.52%. Both major dollar stablecoins, USDT and USDC, held near a dollar.

The breach was one of several security stories. The Block reported that hackers hijacked a dozen DeFi websites, all registered through Name.com, and stole about $138,000, which The Block said suggests a compromise. Chainalysis said it was the target of a cybersecurity incident, which it described as similar to those affecting other tech platforms in recent weeks.

Physical theft featured too. CoinDesk reported on Magnus Ahmad, who lost about $14,000 in London after his iPhone was stolen and his crypto wallets and bank accounts were emptied. Cointelegraph reported that two Texas brothers were sentenced to 15 years for armed crypto robbery and kidnapping, noting that home invasions became the most common form of crypto "wrench attacks" worldwide in the first half of 2026, rising to 20 incidents from one.

Elsewhere, CoinDesk reported that traders are placing leveraged bets on Anthropic's IPO using Trade.xyz's new ANT contract on Hyperliquid, which fell about 20% in its first hour; there are no shares behind it, and U.S. traders are locked out. CoinDesk also reported that Uber tested tokenization with HSBC and Franklin Templeton to keep idle cash invested while accessing it for payments, even on weekends.

What to watch: whether Binance opens withdrawals on Sunday as targeted, and any further detail on the Name.com and Chainalysis incidents.