<?xml version="1.0" encoding="utf-8"?> <rss version="2.0"> <channel> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <link>https://www.bitcointoday.app</link> <description>Get daily updates on Bitcoin's price, market trends, analysis, and breaking news curated and powered by AI - all digestible in minutes. Make BitcoinToday.app your one-stop shop for staying informed in the fast-paced world of Bitcoin.</description> <lastBuildDate>Fri, 13 Nov 2026 17:47:45 GMT</lastBuildDate> <docs>https://validator.w3.org/feed/docs/rss2.html</docs> <generator>https://github.com/jpmonette/feed</generator> <language>en</language> <image> <title>Bitcoin Today - Bitcoin News Curated and Powered by AI</title> <url>https://www.bitcointoday.app/images/logo-512.png</url> <link>https://www.bitcointoday.app</link> </image> <copyright>All rights reserved 2024, BitcoinToday.app</copyright> <category>Bitcoin News</category> <item> <title><![CDATA[Binance's $6B North Korean Hack: Feds Freeze $2.7B, Exchange Covers All Losses]]></title> <link>https://www.bitcointoday.app/article/binance-s-6b-north-korean-hack-feds-freeze-2-7b-exchange-covers-all-losses</link> <guid>binance-s-6b-north-korean-hack-feds-freeze-2-7b-exchange-covers-all-losses</guid> <pubDate>Fri, 13 Nov 2026 02:13:00 GMT</pubDate> <description><![CDATA[## Massive North Korean Hack Hits Binance In one of the largest cryptocurrency thefts on record, **North Korean military hackers** stole over **$6 billion** from Binance on October 29. The attack, attributed to the group **"TraderTraitor,"** has prompted a swift response from U.S. authorities and the exchange. ## Feds Freeze $2.7 Billion The **Justice Department** announced Thursday that federal authorities and private-sector partners have **frozen more than $2.7 billion** in stolen cryptocurrency. Additionally, officials have obtained court authorization to **seize or restrain over $1.2 billion** of those assets as investigations continue. > "By springing into action at a moment's notice, we worked together to freeze this massive criminal fraud in its tracks," said U.S. Attorney Jeanine Ferris Pirro. ## Binance Covers All Losses Binance has **fully covered the assets** affected by the breach, which had an estimated total impact of approximately **$6.3 billion**. The exchange published an updated **Proof of Reserves snapshot** and assured users that no customer funds would be lost. > "To our users and community: thank you for your patience and understanding," Binance wrote on X. Binance co-CEO **Richard Teng** previously told FOX Business that the company had closed the entry points exploited by the hackers and rebuilt affected systems. ## How the Attack Unfolded The attack began with a **fraudulent job interview** that compromised an employee's computer. Hackers then exploited internal systems to execute unauthorized transactions. According to the Justice Department, the hackers have continued attempting to move stolen funds through **cryptocurrency exchanges, bridges, and mixing services** to obscure their tracks. ## North Korea's Cyber Warfare The theft is part of a broader pattern of North Korean cyber operations. The Justice Department also announced the disruption of a separate hacking operation called **"FaceStealer,"** linked to over **$400 million** in cryptocurrency thefts over the past 18 months. Using **deceptive video calls, secretly recorded webcam footage, and AI-generated deepfakes**, the FaceStealer operation tricked victims into installing malicious software. The FBI warned that these schemes increasingly target not only cryptocurrency investors but also **developers who maintain open-source software**, potentially exposing broader technology systems. ## The Bottom Line While the frozen funds represent a significant victory for law enforcement, the sheer scale of the Binance hack underscores the growing threat of **state-sponsored cybercrime** in the cryptocurrency space. Binance's decision to cover all losses aims to maintain user trust, but the incident serves as a stark reminder of the security challenges facing the industry.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>binance</category> <category>northkorea</category> <category>cryptohack</category> <category>cybersecurity</category> <category>blockchain</category> <enclosure url="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/11/0/0/binance-richard-teng-ceo.jpg?ve=1&tl=1" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Plummets to 7-Week Low as Democratic Sweep Spooks Crypto Markets]]></title> <link>https://www.bitcointoday.app/article/bitcoin-plummets-to-7-week-low-as-democratic-sweep-spooks-crypto-markets</link> <guid>bitcoin-plummets-to-7-week-low-as-democratic-sweep-spooks-crypto-markets</guid> <pubDate>Wed, 04 Nov 2026 02:28:00 GMT</pubDate> <description>< *Disclaimer: This article is for informational purposes only and does not constitute financial advice.*]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>elections</category> <category>market</category> <category>crypto</category> <category>regulation</category> <enclosure url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iA3xffE9xHoE/v1/1200x800.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Circle Fires Back: Why USDC's 7-Cent Profit Is Fair as Rivals Lure Partners]]></title> <link>https://www.bitcointoday.app/article/circle-fires-back-why-usdc-s-7-cent-profit-is-fair-as-rivals-lure-partners</link> <guid>circle-fires-back-why-usdc-s-7-cent-profit-is-fair-as-rivals-lure-partners</guid> <pubDate>Sun, 18 Oct 2026 01:06:00 GMT</pubDate> <description>< ### The Numbers Behind the Dispute During that period, Circle generated **$1.4 billion in revenue**, but **$819 million** went to **distribution and transaction costs**—primarily payments to partners like **Coinbase**. The remaining **$473 million** covered compliance, liquidity, and product development, including **$214 million in stock-based compensation**. This disclosure comes amid growing competition from platforms that distribute a larger share of reserve income to partners. **Open USD**, a rival network backed by **Coinbase, Stripe, and BlackRock**, launched in June and allows businesses to mint and redeem stablecoins without fees, passing reserve income (minus a management fee) to participants. Another competitor, the **Paxos-led Global Dollar Network (USDG)**, also shares reserve income. ### Circle's Defense Razzaghi emphasized that the costs of **redemption, compliance, and resilience** don't disappear just because an issuer chooses not to charge for them. He argued that Circle's model ensures these critical functions are funded. Circle also highlighted that **standard USDC redemptions remain free** and typically settle within two business days. Qualifying platform customers and payment flows through **Circle Payments Network** can access near-real-time redemptions at no cost. ### Expanding Partnerships Circle is not standing still. In September, **Binance bought a $100 million stake** in the firm as part of a five-year deal that includes a fee tied to USDC held through Circle's wallet service. This move aims to secure additional distribution partners and strengthen USDC's position. As the stablecoin landscape heats up, Circle's ability to balance partner incentives with sustainable economics will be key to maintaining USDC's dominance.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>usdc</category> <category>circle</category> <category>stablecoins</category> <category>coinbase</category> <category>openusd</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/0738e13835f743ba2e3a2f26f7579b27661d1eac-4608x2592.jpg?auto=format&fit=crop&crop=focalpoint&w=1200&h=675&q=75" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Trump-Linked Crypto Firm Gemini Loses Bid to Erase $5M Fine for Misleading Regulators]]></title> <link>https://www.bitcointoday.app/article/trump-linked-crypto-firm-gemini-loses-bid-to-erase-5m-fine-for-misleading-regula</link> <guid>trump-linked-crypto-firm-gemini-loses-bid-to-erase-5m-fine-for-misleading-regula</guid> <pubDate>Fri, 16 Oct 2026 00:35:02 GMT</pubDate> <description><![CDATA[In a setback to the Trump administration's pro-cryptocurrency agenda, a federal judge refused on Thursday to lift financial penalties imposed against **Gemini Trust**, a crypto firm with ties to the Trump family. The judge denied a request by Gemini and the **Commodity Futures Trading Commission (CFTC)** to undo a court-approved settlement reached just before President Trump returned to office in January 2025. The order required Gemini, a prominent crypto firm, to pay **$5 million** for misleading federal regulators about its Bitcoin business. The trading commission and Gemini joined forces in May to try to reverse the outcome of the case, saying that agency lawyers had unduly pressured Gemini to settle and had violated the agency's standards for legal conduct. Gemini's founders are among Mr. Trump's closest allies in the crypto industry, backing Mr. Trump's construction of a White House ballroom and financial endeavors involving his two oldest sons. In his ruling, Judge Alvin K. Hellerstein of the Southern District of New York said that the facts of the case had not changed since Gemini, without admitting guilt, agreed to the fine. He said that **"Gemini's highest officials willfully misrepresented material facts"** and the firm had settled the case after vigorously litigating the charges for three years. The penalty against the firm reflected its violations, he said, not **"overreaching by the C.F.T.C."** The agency had no immediate comment on the ruling. Gemini did not respond to a request for comment. Gemini's founders, **Tyler and Cameron Winklevoss**, have backed the president's re-election efforts, the White House ballroom and a private club partially owned by Donald Trump Jr. Their investment firm also helped finance a company co-founded by Eric Trump. The C.F.T.C. has faced criticism for **bending over backward** to help cryptocurrency and prediction markets, two industries in which the Trump family is heavily invested. The agency, which oversees the nation's multitrillion-dollar commodities markets, has mounted **far fewer enforcement actions** since Mr. Trump returned to office. But crypto and prediction markets have particularly benefited from the rollback in enforcement. Seamus Hughes contributed reporting.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>gemini</category> <category>cftc</category> <category>cryptoregulation</category> <category>trumpcrypto</category> <category>bitcoin</category> <enclosure url="https://static01.nyt.com/images/2026/10/15/multimedia/15dc-gemini-ghzq/15dc-gemini-ghzq-facebookJumbo.jpg" length="0" type="image/jpg"/> </item> <item> <title><![CDATA[Bitcoin Defies Korean Stock Slump: Decouples from Nasdaq Futures Ahead of CPI]]></title> <link>https://www.bitcointoday.app/article/bitcoin-defies-korean-stock-slump-decouples-from-nasdaq-futures-ahead-of-cpi</link> <guid>bitcoin-defies-korean-stock-slump-decouples-from-nasdaq-futures-ahead-of-cpi</guid> <pubDate>Tue, 13 Oct 2026 04:18:20 GMT</pubDate> <description>< ## Market Dynamics While **Korean chip stocks** experienced a sharp decline, **Bitcoin** and other cryptocurrencies like **XRP** and **ETH** showed **decoupling** behavior, suggesting a potential shift in investor sentiment. **Oil prices** remained elevated due to **Middle Eastern supply threats**, fueling **inflation concerns** and speculation about **Federal Reserve rate hikes** that could pressure risk assets. ## What to Watch Traders are closely monitoring Thursday’s **US consumer price index (CPI)** report, which could influence **Fed policy** and, consequently, **crypto markets**. Some analysts expect **institutional investors** to **hedge** their crypto holdings rather than reduce exposure, indicating growing confidence in the asset class. **Bitcoin’s** ability to **decouple** from traditional markets during times of stress may signal its maturation as an asset, but **macroeconomic factors** remain a key driver.]]></description> <author>contact@bitcointoday.app (BitcoinToday.app)</author> <category>bitcoin</category> <category>crypto</category> <category>cpi</category> <category>marketsentiment</category> <category>decoupling</category> <enclosure url="https://cdn.sanity.io/images/s3y3vcno/production/4fc215c16d984306b203a2148546a2afc8f4ba6d-2168x1094.png?auto=format&fit=crop&crop=focalpoint&w=1200&h=675&q=75" length="0" type="image/png"/> </item> </channel> </rss>