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CryptoKO

Binance was also breached... Is Coinbase, which holds 84% of Wall Street's Bitcoin ETFs, safe?

[Block Media Reporter Lee Jeong-hwa] As a hacking incident worth $6.3 billion occurred at Binance, the world's largest digital asset exchange, attention is also turning to Wall Street's Bitcoin custody system in the United States. This is because Coinbase holds more than 80% of the assets of U.S. spot Bitcoin exchange-traded funds (ETFs). With security systems of major exchanges being breached one after another, Coinbase's asset custody methods and the risk concentrated on a specific custodian have emerged as new issues. According to BeInCrypto, a digital asset-focused media outlet, on the 2nd...

Binance sees spike in withdrawals as exchange returns online after US$6.3 billion heist

Analysts believe the incident may be the biggest financial robbery ever

ExchangesKO

Binance internal transfer of $1.69 billion in Bitcoin... estimated to cover hack losses

MacroKO

Has the yen really bottomed? Hedge funds also give up on yen weakness bets [Tokyo Now]

RBA Rate Hike, House Prices Fall, Westpac Earnings Miss: Australia Briefing

Get caught up.

HTX Ends UK Activity as FCA Secures Court Undertakings on Crypto Promotions

The FCA says HTX is no longer active in the UK following a settlement over financial promotions. The agreement does not constitute an admission of wrongdoing.

ExchangesJA

Coinbase Q3 Net Profit Up 66%, Prediction Market Revenue Doubles

U.S. cryptocurrency exchange giant Coinbase announced its Q3 2026 financial results on October 29. Net profit increased 66% year-on-year to $719 million ... The post Coinbase, Q3 Net Profit Up 66%—Prediction Market Revenue Doubles first appeared on NADA NEWS.

Indonesia’s MSCI Crisis Driven By Wash Trades and 5,000% Rallies

Stock trading schemes that helped enrich Indonesia’s tycoons have put the country on the verge of a costly MSCI downgrade.

Webull Australia doubles down on its adviser platform as Australian financial advisers face capacity squeeze

Webull is expanding Webull Connect with Connect AI, Iress Xplan integration and LAB Group enabled onboarding and transfers Australian adviser platforms held more than $1.22 trillion in funds under advice in March 2026, while adviser numbers have fallen around 42 per cent since 2019 The...

CEXs are losing market share to DEXs – Even when both are shrinking

The $6.3B Binance hack pushed Hyperliquid's share of CEX volume from 8.0% to 8.3%. But with DEXs less able to reimburse victims, sticky flows could reverse.

CryptoKO

Binance hacker launders $242M in two days despite Tether freeze; tracking networks bypassed

[Block Media Reporter Lee Jeong-hwa] Hackers who stole $6.3 billion worth of assets from Binance, the world's largest digital asset exchange, have dispersed approximately $242 million across multiple blockchains within two days. Although Tether froze hundreds of millions of dollars in stablecoins, the attackers continue moving funds using decentralized finance (DeFi) and cross-chain exchange services. According to digital asset media outlet The Block on the 2nd, on-chain analyst SomaXBT stated that after the Binance hack, the attackers moved and exchanged approximately $242 million in stolen funds on the TRON network...

Binance processes $4.6B in withdrawals after hack, net outflow $3.6B

MacroKO

US deficit estimated at $2 trillion; if rates rise 1.5 percentage points, $6 trillion more possible

The U.S. federal budget deficit for fiscal year 2026 is estimated at $2 trillion (approximately 2,671 trillion won). If all interest rates are 1.5 percentage points higher than the baseline forecast, the cumulative federal deficit from 2026 to 2036 could increase by $6 trillion (approximately 8,012 trillion won). The Congressional Budget Office (CBO) released its monthly budget review on October 8, stating that the deficit for the current fiscal year has increased by $218 billion (approximately 291 trillion won) compared to the previous fiscal year. Spending increased by 6%, exceeding the 3% growth in revenue. The CBO cited net interest spending, major welfare programs, and defense and education spending as factors driving the spending increase. Net interest spending is an item that reflects the federal government's interest burden. When maturing bonds are refinanced at new interest rates, the government's interest costs change. To cover interest spending, additional...

Binance sees $4.544 billion net outflow; top 10 exchanges excluding Binance see $564.39 million net inflow

Binance saw a net outflow of $4.544 billion (approximately 6.06624 trillion won) over the past 24 hours. During the same period, the top 10 tracked platforms by asset size, excluding Binance, saw a combined net inflow of $564.39 million (approximately 753.5 billion won). ◇ Exchange flows diverged. This is DeFiLlama's exchange-by-exchange tally as of around 6:30 a.m. on the 2nd. The table shows the tracked wallet asset size and net inflow over the past 24 hours for each exchange. Among the top 10, OKX had the largest net inflow at $370.08 million (approximately 494.1 billion won). Bybit saw a net inflow of $149.35 million (approximately 199.4 billion won). Bitget also saw funds come in, but Bitfinex, Gate, and Gemini saw net outflows. Even if the combined total of the 10 exchanges is a net inflow, individual...

CryptoKO

Wall Street investors: Republican Congress takeover increases likelihood of Bitcoin reaching $100,000

[Block Media Reporter Lee Jeong-hwa] Ahead of the U.S. midterm elections, Wall Street investors assessed a Republican takeover of Congress as the most favorable scenario for Bitcoin to recover to $100,000. However, even if Republicans win, 7 out of 10 respondents predicted that breaking through $100,000 within the year would be difficult. According to a Bloomberg survey of 301 investors, including traders and portfolio managers, conducted on the 1st (local time), 29% of respondents expected Bitcoin to exceed $100,000 by year-end if Republicans take both the House and Senate...

Crypto

Crypto Weekly: Binance Hack Deepens Crypto Rout as Market Cap Falls to $2.7T

The cryptocurrency market ended October down 10%, with its total capitalization falling from $3 trillion to $2.7 trillion amid widespread losses. Bitcoin declined 3.3% in the final week, extending its year-to-date losses to 11%, while ethereum fell more than 15% over 30 days. Pre-Hack Weakness The cryptocurrency economy shed tens of billions of dollars in…

North Korea behind $6.3 billion Binance hack... identity of 'TraderTraitor' who stole nearly $10 billion

[Block Media Reporter Lee Jeong-hwa] The North Korean hacker group 'TraderTraitor' has been identified as being behind the $6.3 billion hacking incident at Binance, the world's largest digital asset exchange. After stealing $1.5 billion from Bybit last year, the group is also believed to have carried out the largest digital asset hack in history, according to U.S. investigative authorities, drawing attention to its attack methods. According to the U.S. Federal Bureau of Investigation (FBI) on the 2nd, the theft of over $6 billion in digital assets from Binance on the 29th of last month was...

Macro

Westpac Profit Misses Estimates, CEO Says Economy Uncertain

Westpac Banking Corp.’s profit missed expectations as Chief Executive Officer Anthony Miller said Australia’s economic outlook remains uncertain.

Capital

Australian lender Westpac’s full-year profit ticks higher

Exchanges

Tracked Binance wallets record $2.5 billion in outflows as withdrawals reopen after hack

Binance's tracked cryptocurrency wallets recorded $2,510 million in net outflows on Nov. 1 after the exchange resumed withdrawals following its $6.3 billion security breach. According to DeFiLlama data, the outflows included approximately $1,083 million in USDT, $912 million in Bitcoin, $385 million in USDC and $131 million in wrapped Ethereum. These outflows coincided with Binance's… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

CryptoVI

Cardano warns of serious Linux vulnerability: is your ADA at risk? A serious flaw in Linux puts Cardano pools staking 21.5 billion ADA on alert. Here is what holders could lose.

A critical vulnerability in Linux puts Cardano pools holding 21.5 billion staked ADA on alert. Here's what holders could lose.

Inside Indonesia’s Wash-Trade Scheme

Stock wash-trading schemes have put Indonesia at risk of an MSCI downgrade. How did this happen, and what are regulators doing about it? (Source: Bloomberg)

ExchangesKO

Binance moves 21,750 bitcoins... observed as preparation for hack damage compensation

[Block Media Reporter Myeongjeong Kim] It has been revealed that Binance, the world's largest digital asset exchange, moved approximately $1.7 billion worth of Bitcoin between its internal wallets. Amid a recent large-scale hacking incident, observations are emerging that it has begun securing liquidity to compensate user damages and normalize withdrawal services. According to on-chain analytics firm Onchain Lens on the 2nd, approximately 21,750 Bitcoins (BTC) were moved between Binance-managed cold wallets and hot wallets. At the time of the transaction...

CryptoZH

THORChain co-founder responds to FBI call: node data is public

According to Deep Tide TechFlow news on November 2, in response to the U.S. Federal Bureau of Investigation (FBI) calling for interception of transactions related to stolen Binance assets, the information held by THORNode operators is already public and available in real time, and investigators can access it without a subpoena. Barraford made the above response at 08:02 Beijing time on November 1, and his statement involved information access and did not commit to intercepting related addresses. The FBI previously attributed the theft of over $6 billion in Binance assets to the North Korean hacker group TraderTraitor and called on THORNode operators and others to intercept transactions involving or originating from the listed addresses.

CZ Praises US Authorities for Halting $6B Binance Hack Fallout

The co-founder and former CEO of Binance praised the role U.S. law enforcement agencies played in handling the aftermath of the over $6 billion hack the exchange suffered at the hands of North Korean hackers, crediting them with keeping the market afloat. CZ Praises US Role in Binance Hack Aftermath As Binance continues to recover…

Macro

Wall Street Braces for Biggest Treasury Sales Overhaul in Years

After Treasury Secretary Scott Bessent surprised dealers with his willingness to intervene in the bond market to drive down yields in recent months, Wall Street is now girding for the biggest revamp in guidance for US Treasuries issuance since early 2024.

Australia Set for Fifth Rate Hike as Inflation Fight Intensifies

Australia’s central bank is poised to raise interest rates for a fifth time this year on Tuesday, intensifying efforts to gain control over inflation that’s among the strongest in the developed world.

CLARITY Act blocked by 49-50 procedural vote, not automatically carried over to new Congress

The U.S. Senate failed to invoke cloture to begin consideration of the CLARITY Act, a digital asset market structure bill, by a vote of 49 to 50 on September 15. Senate voting records show the result. This vote was not on final passage of the bill itself. It remains in Senate records as a cloture vote on the motion to proceed. Cloture is a vote to end debate and move to the next step in the Senate. The Senate generally requires 60 votes to end debate. The Senate's explanation of the cloture procedure also states this threshold. The bill had previously passed the House. The House passed H.R. 3633 on July 17, 2025, by a vote of 294 to 134...

ExchangesZH

Binance moves 21,750 BTC worth $1.69 billion between cold and hot wallets

Odaily Planet Daily News According to Onchain Lens monitoring, Binance transferred 21,750 bitcoins between its cold wallet and hot wallet, worth approximately $1.69 billion, possibly preparing to replenish funds for users. The cold wallet address is 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6.

Capital

Robinhood Q3: Revenue Hits $1.42B as Crypto Income Falls 55%

The platform's total assets reached $396 billion as net deposits and higher equity valuations partly offset lower cryptocurrency valuations.