Bitcoin's price dropped below $79,000 following reports of a suspected hack at Binance, which allegedly saw $5.8 billion in outflows. Tether and Circle responded by freezing approximately $1.8 billion to $2.4 billion in stablecoins.
The suspected hacker behind the Binance exploit moved approximately $570 million in ETH to decentralized exchanges like Uniswap and Aave, seeking to convert it into untraceable assets. Stablecoin issuers have frozen over $2 billion in USDT and USDC, while Ripple has frozen about $200 million in RLUSD. The total value drained from Binance has surpassed $5.5 billion.
Binance is investigating a potential security breach after suspicious transfers from one of its Ethereum wallets. Co-founder Changpeng Zhao said Tether and Circle froze approximately $971 million and $823 million, respectively, in stablecoins.
Binance is investigating a potential multibillion-dollar security breach after suspicious wallet transfers led to the freezing of nearly $1.8 billion in stablecoins.
Binance is investigating a potential $5.57 billion breach across three blockchains, with Tether and Circle freezing $1.8 billion.
Binance is suspected of a hack exceeding $5.6 billion, with Tether and Circle freezing over $1.5 billion in USDT and USDC.
Tether and Circle froze $2.38 billion after Binance reported a security incident, with Ripple also freezing $200 million.
Binance temporarily suspended withdrawals due to a security incident, with hackers suspected of draining billions.
SBI Holdings plans to form a joint venture with CRB Group to develop tokenized real-world assets and cross-border payment solutions. The partnership, which is subject to regulatory approvals, also aims to explore agentic commerce using AI. While XRP is on the spotlight due to SBI's long-standing partnership with Ripple, the new venture does not explicitly mention XRP's involvement.
Cryptocurrency exchange Coinbase reported a profit of $718.7 million, or $2.51 per share, for the third quarter ended September 30. The company snapped a three-quarter streak of losses as increased volatility in digital asset markets boosted trading.
Coinbase reported a third-quarter profit of $718.7 million, reversing a three-quarter loss streak.
Coinbase reported a $719 million Q3 profit, driven by crypto gains, with adjusted net income at $78 million.
Publicly traded companies captured 16% of the blockchain industry's revenue in 2026, more than double their 7% share in 2022, according to a 1kx report. This growth occurred as overall blockchain revenue was projected to decline 28% to $100 billion in 2026. Revenue from tokenized assets and other real-world applications also surpassed blockchain infrastructure revenue for the first time.
Crypto exchange HTX has agreed to stop unlawfully promoting its services in the UK until October 21, 2031, following action by the Financial Conduct Authority. The exchange, formerly known as Huobi, has already blocked new deposits and account registrations for UK customers. The settlement was recorded in a court order on Tuesday.
Crypto exchange HTX has agreed to halt unlawful UK promotions until October 2031 following FCA enforcement action.
HTX, advised by Justin Sun, will cease targeting UK consumers and has 48 hours for existing users to withdraw assets.
HTX has ceased UK crypto services and reached a court-backed settlement with the FCA over unlawful marketing.
Polymarket, a predictions trading platform, reported a major outage affecting its API on Thursday. The exchange switched to cancel-only mode and paused relay actions while investigating the incident, according to its status page.
Polymarket, a predictions trading platform, experienced a major outage affecting its API on Thursday, October 29, 2026, and suspended trading actions.
Polymarket is investigating a security incident after users reported unauthorized fund withdrawals, with a suspected attacker wallet holding $2.65M in POL.
Polymarket halted trading due to a third-party provider compromise, with MetaMask stating its users are unaffected.
Prediction market operator Polymarket is investigating a string of well-timed and profitable trades on Israel's election this week, according to a report by Bloomberg News. Hundreds of newly created accounts placed bets on Prime Minister Benjamin Netanyahu retaining his position and his Likud party winning the most seats shortly before polls closed on Tuesday.
Bitcoin options worth $11 billion are set to expire on Friday, October 30, potentially leading to increased price volatility. This event coincides with key US economic data releases and a Federal Reserve meeting, adding to market uncertainty.
Bitcoin traders are preparing for potential price volatility as a significant amount of options contracts expire.
New article confirms $11 billion Bitcoin options expiry, Fed rate decision, and economic data, adding details on contract breakdown and dissenters.
Cryptocurrency exchange KuCoin has suspended all services for users in Russia and Belarus, citing legal and regulatory compliance. The move follows international sanctions against the two countries over the war in Ukraine. KuCoin will provide an orderly process for users to withdraw assets.
Bitcoin's price is facing resistance around $85,000 due to long-term holders who bought around 4 million BTC between $85,000 and $118,000, according to Glassnode. These holders may sell if the price approaches their break-even points, potentially capping recovery efforts. U.S. spot Bitcoin ETF holders are also near their average cost basis of around $81,500.
Intercontinental Exchange, the owner of the NYSE, plans to launch a regulated U.S. market for perpetual futures using Hyperliquid's infrastructure. The proposed venue, developed with Trade [XYZ], aims to offer 24/7 trading of stocks, indices, commodities, forex, and cryptocurrencies, pending CFTC approval. The HYPE token, native to Hyperliquid, rose more than 10% on the news.
Intercontinental Exchange (ICE) plans to launch US perpetual futures on Hyperliquid infrastructure, pending CFTC approval.
ICE will exclusively operate Trade[XYZ]'s regulated markets and take a stake, pending approvals, with no launch date set.
Russia's central bank will not restrict self-custody crypto wallets for cross-border payments, First Deputy Governor Vladimir Chistyukhin said. The exemption aims to facilitate international settlements while domestic transactions face tighter rules.
Walmart has objected to having its shares offered on OKXICE TSV, a planned tokenized stock venue. The objection, dated Wednesday, brings the total number of companies opposing the venue to 38. Under SEC rules, a timely objection prevents the venue from listing a tokenized version of a company's stock.
The French Senate adopted a bill to enable tax authorities to automatically exchange crypto transaction data with their foreign counterparts. The legislation, based on OECD standards, aims to enhance international tax compliance for digital assets.
Russia's central bank has approved NAUFOR as the country's first self-regulatory organization for crypto exchanges and digital depositories. The move aims to establish oversight for the digital asset market.
The Canton Foundation has awarded RedStone nearly 15.8 million Canton Coin, valued at approximately $1.55 million, to develop an open-source pricing tool. This tool aims to enable institutions on the Canton Network to utilize shared market prices for transactions without revealing sensitive deal terms to data providers.
Galaxy Digital is seeking to establish a national trust bank in the US, its subsidiary announced on Thursday. The proposed New York-based institution would offer digital asset services and fiduciary investment advisory under federal oversight from the Office of the Comptroller of the Currency.
Crypto exchange HTX has agreed to cease its operations in the UK as part of a confidential settlement with the Financial Conduct Authority. This marks the conclusion of the FCA's first crypto marketing enforcement case. Sanctions from both the UK and the EU remain in place against the exchange.
