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10/30
05:46
CZ reposted a message from Paolo Ardoino stating that Tether had frozen more than 1.567 billion USDT linked to a potential hack of the Binance exchange. The message said protecting the industry and its partners was Tether’s main priority. CZ reacted with prayer emojis and called Tether a “life saver.”
05:45
On-chain data shows that Binance's hot wallets, across three blockchains, experienced outflows of approximately $5.57 billion, suspected to be due to a hack. Tether and Circle have frozen $975.1 million in USDT and $823 million in USDC, respectively, totaling about $1.8 billion. Binance stated it is investigating potential security issues but has not yet confirmed that user funds were affected. Following this news, Bitcoin fell by approximately 2.6%, BNB by about 7%, and privacy coin Monero rose by about 6%.
05:38
Polymarket has launched 15-minute gold and silver betting in partnership with Chainlink. These contracts use opening and closing spot prices, with U.S. participants paying approximately $1.74 per 100 50-cent contracts before rebates.
05:37
Tether has frozen $971 million USDT in a wallet suspected to be involved in a Binance drain. Binance stated it is investigating a potential security issue but has not confirmed any impact to user funds.
05:22
Intel's stock price fell over 15% in after-hours trading on Thursday after the company released its third-quarter earnings report and warned investors that the slowdown in the PC market would continue to impact future profitability, with the weak PC market expected to persist until 2027. Although revenue growth was driven by a 21% increase in its data center and AI businesses, the weak outlook overshadowed this performance. Intel also issued below-expectations fourth-quarter guidance, projecting revenue between $15 billion and $16 billion.
05:22
Hundreds of ETH changed hands at elevated stablecoin prices on Uniswap, while Chainlink’s ETH/USD reference feed showed about $2,250, indicating a significant premium over Binance's price.
05:17
Changpeng Zhao (CZ) addressed the suspected hacking incident at Binance, confirming the safety of user funds and stating that it indeed appears to be a hack targeting Binance. He thanked Tether and Circle for swiftly freezing the relevant funds, with Tether freezing approximately $971 million in USDT and Circle freezing about $823 million in USDC. Changpeng Zhao emphasized that while he no longer manages Binance.com, as a shareholder, he expects all user funds to be fully covered.
05:16
South Korean fintech Viva Republica, operator of the Toss app, is set to acquire Cheer Securities, a smartphone-based brokerage subsidiary of Japan's Tokai Tokyo Financial Holdings. The move aims to capitalize on growing interest in investing among young Japanese consumers and expand Viva Republica's reach in mobile-first retail investing.
05:15
Crypto prices are sliding following news of a potential multi-billion dollar hack targeting Binance, with BNB coin down 6% in the last hour.
05:12
Former U.S. President Donald Trump posted on Truth Social, announcing his "complete and total endorsement" of Congressman Mike Kelly for re-election in Pennsylvania's 16th Congressional District. Trump praised Kelly as a senior member of the House Ways and Means Committee, who understands "America First" policies and is committed to job creation, tax cuts, deregulation, promoting American energy dominance, and "Made in America." He also attacked Kelly's opponent, Justin Wagner, as a "radical left-wing Democrat" who opposes tips, overtime pay, and tax-free Social Security, and accused him of supporting policies such as massive tax increases and open borders.
05:07
A Binance-linked wallet was reportedly drained minutes after an EIP-7702 delegation. The delegated account then triggered another $780 million USDC transfer from a smart wallet it owned. It remains unconfirmed whether these fund transfers were authorized.
05:07
Senators Elizabeth Warren and Katie Britt have pressed prediction market platforms Kalshi and Polymarket for information on their election trading safeguards. The senators have set a November 3 deadline for the platforms to provide answers, including the number of suspected election-trading violations that were stopped before trades occurred.
05:03
Al Jazeera reported that Israeli forces and settlers launched attacks in multiple areas of the West Bank, resulting in injuries and arrests of Palestinians. In the Hebron Governorate, military operations have entered their seventh day, forcing 3,361 people from 537 families to leave their homes, disrupting the education of approximately 262,000 students, and causing estimated daily economic losses of 10 million to 12 million shekels (approximately $3.2 million to $3.9 million).
05:03
Houthi spokesperson Yahya Saree claimed the group’s forces have conducted six military operations against Saudi Arabia, targeting the Ras Tanura and Rabigh oil refineries, Aramco's Abqaiq facility, King Khalid and King Fahd international airports, and Saudi Arabia’s troop headquarters in Najran. Saudi Arabia has not yet confirmed the statement.
05:00
Strategy (MSTR) reported a net income of $19.53 billion for the third quarter, driven by a $20.91 billion gain from its bitcoin holdings. The company held 848,517 bitcoin as of October 25. Separately, holders of Strategy's STRC, STRF, STRK, and STRD preferred shares approved a change to allow dividends to accrue daily, rather than on the previous schedule. Executive Chairman Michael Saylor stated that the firm is at the beginning of the next bitcoin bull market, with banks embracing bitcoin and institutional demand returning. MSTR shares fell about 3.5% in after-hours trading. CFO Andrew Kang will step down on November 5, with COO Reza Virasteh becoming CFO in January 2027.
05:00
Coinbase's Q3 trading revenue exceeded expectations, with cryptocurrency gains driving profit growth. The average USDC holdings in the company's products reached a record $22 billion, and adjusted net income was $77.7 million.

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