Binance drained of $5.5B in suspected hack; Tether and Circle freeze $1.8B
Binance reported a massive hot wallet drain of roughly $5.5-6.3 billion, with stablecoin issuers freezing part of the funds as investigators trace exits.
Decrypt · +3 outlets
Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
Crypto prices slid and Bitcoin traded below $79,000-$81,000 as a hawkish Fed and Binance security fears triggered a broad liquidation wave.
finance.yahoo · +13 outlets
Strategy reports $19.5B Q3 net income as preferred holders approve daily dividends
Strategy's preferred shareholders backed daily dividend payments and the company pointed to large remaining credit capacity for more bitcoin purchases.
The Block · +7 outlets
NYSE parent ICE moves to bring Hyperliquid perpetual futures to the US; HYPE jumps
Intercontinental Exchange's plan to offer US-listed perpetual futures tied to Hyperliquid drove a double-digit rally in the HYPE token.
Decrypt · +11 outlets
Fed holds rates, hawkish tone weighs on bitcoin and crypto markets
The Fed's decision to stand pat with hawkish commentary pressured risk assets, keeping bitcoin near $80,000.
cointelegraph.com · +14 outlets
Coinbase swings to $719 million Q3 profit on crypto gains
The exchange returned to profitability on crypto trading and valuation gains.
Decrypt · +6 outlets
Utah files felony charges against Kalshi and co-founders over sports bets
State prosecutors escalated the legal fight over prediction market sports betting, while Kalshi separately raised fresh capital.
Decrypt · +14 outlets
Moody's rates Ripple's $2.6B RLUSD stablecoin A2 after OCC bank approval
The credit rating and bank approval mark continued institutional expansion for Ripple's stablecoin and enterprise products.
Decrypt · +2 outlets
Trezor warns CryptoBilis buyers after report of hardware implant in Safe 5
A report of a tampered hardware wallet sold through a reseller raised supply-chain concerns in self-custody.
Decrypt · +10 outlets
Polymarket pauses trading while investigating security incident
The prediction market halted activity as it looked into a reported compromise.
Decrypt · +14 outlets
Walmart and seven more companies object to OKX-ICE tokenized stock listings
JPMorgan, Coca-Cola, Walmart and others pushed back on the OKX-ICE venue listing tokenized versions of their shares.
Decrypt · +14 outlets
HTX agrees to exit UK in settlement with Financial Conduct Authority
Justin Sun's exchange settled with UK regulators and will stop serving the market.
Decrypt · +13 outlets
Glassnode warns 4M bitcoin bought above $85K could cap any recovery
On-chain data flagged heavy supply overhead from coins accumulated at higher prices.
Decrypt · +2 outlets
Coinbase files for Brazil crypto license ahead of regulatory deadline
Brazil's new crypto framework deadline prompted Coinbase to seek approval while leaving industry questions unresolved.
cointelegraph.com · +14 outlets
Treasury sanctions 11 over North Korean IT worker scheme that moved crypto
OFAC action and Chainalysis tracing targeted DPRK-linked crypto cash-out networks.
Decrypt · +5 outlets
Polygon extends stablecoin payments infrastructure to Solana
Polygon pushed its payments business onto a rival chain as it pivots further into stablecoin settlement.
Decrypt · +14 outlets
Crypto spends $176 million on midterms, but only 13% of voters call it a priority
Industry political spending is large but voter salience is low, with oversight of crypto set to shift after the midterms.
Decrypt · +5 outlets
Datavault AI says it cannot access its bitcoin, stock tanks
A bitcoin treasury company disclosed it lost access to its holdings, highlighting custody risk at small treasury firms.
Decrypt