Three million Paraguayans are waiting to get their money back from a bank that no longer answers the phone. I covered the full story in my Ueno Bank collapse post yesterday. Today is about the question that follows. Once the deposit guarantee pays...
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Ueno Bank Collapse: 3 Million Paraguayans Locked Out, and Why Bitcoin Can’t Do That to You
My feed has been one story all day. Paraguay’s biggest digital bank is gone, and roughly three million people cannot touch their money. That is about 60% of every adult in the country. Frozen in a single night. I have been to Paraguay exactly once,...
Biggest Exchange Hacks Ever: 15 Crypto Heists Ranked
The biggest exchange hack ever is the Binance hack of October 29, 2026. Roughly $6.3 billion left Binance hot wallets in about 20 minutes. That is four times the previous record, the $1.5 billion Bybit hack of February 2025. Both were pulled off by...
North Korea Denies Binance Hack While FBI and Secret Service Say Otherwise
North Korea denies the Binance hack. On Tuesday, Kim Yo Jong, the sister of Kim Jong Un, called the FBI’s attribution “a trite provocation” through state news agency KCNA. The FBI disagrees. It formally named North Korea’s TraderTraitor unit on...
Mercado Bitcoin Hack: Brazil’s Biggest Exchange Halts Withdrawals
Brazil’s largest crypto exchange went dark on deposits and withdrawals this morning. Mercado Bitcoin says it found and contained a security incident in one of its systems overnight. The exchange insists customers lost nothing and no data leaked....
StonkFun Hack: Website Hit by Step Drainer, Now Restored
StonkFun’s website was hit by a frontend attack overnight on October 31, 2026. Security firm Blockaid found the Step Drainer kit on stonkfun.xyz and 11 other crypto sites. However, the attack never reached StonkFun’s smart contracts, and the team...
Trezor CryptoBilis: First Reported Implant in a Trezor Safe 5
Trezor has received a report of a hardware implant inside a Trezor Safe 5 bought from CryptoBilis, the same Southeast Asian reseller behind the tampered Ledger wallets. The device was bought in August 2026. Trezor hasn’t inspected it yet, but it is...
Binance Hack Post Mortem: How $6.3 Billion Disappeared in Minutes
The Binance hack hit on October 29, 2026, when attackers drained about $6.3 billion from Binance hot wallets across several blockchains. According to Binance, the attack started with a compromised DevOps engineer’s laptop, which gave the attacker...
Binance Hack: $6.3 Billion Drained, $3 Billion Frozen
Update (October 30): Binance has shared its initial findings, and the full picture is coming together. Read our Binance hack post mortem for the complete timeline, how the attackers got in, who froze the funds and how Binance is covering the...
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