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2 results for “Cryptocurrency”

• International · 2026-10-31

  Binance confirms $6.3 billion cryptocurrency theft, largest on record

  Binance, a major cryptocurrency exchange, has confirmed that approximately $6.3 billion in digital assets were stolen in a security breach, marking the largest cryptocurrency theft ever recorded. The company's founder had previously indicated a possible hack after bitcoin prices dropped significantly, and stablecoin issuers Tether and Circle have since frozen $238 million linked to the stolen funds.

• International · 2026-10-31

  Madagascar dismantles 13 Chinese-run fraud compounds and extradites 148 nationals

  Madagascar's justice ministry has shut down 13 Chinese-operated scam centres since August as part of operations connected to a criminal network previously active in Cambodia. The government extradited 148 Chinese nationals to China following the raids, which also uncovered evidence of human trafficking involving African victims. Police seized approximately $52 million in cryptocurrency and over 3,200 electronic devices during the operations.