Binance reopens withdrawals after record $6B hack; $3.64B net outflows as customers exit
Binance says outflows equal 2.1% of its $171 billion in assets after reopening withdrawals, and has published a zero-knowledge proof-of-reserves snapshot coveri
Theblock · +6 outlets
North Korean hackers launder $242M of Binance loot via Tron; FBI presses THORChain
Analysts tracked bridges moving about $140 million of stolen funds off Tron, with Elliptic saying the transfer pattern suggests scripts rather than AI agents.
Theblock · +3 outlets
Bitcoin ETFs shed $643 million in a day, largest outflow since June, after Binance hack
Friday's outflow was the biggest single-day redemption in four months, leaving 2026 flows barely positive.
Theblock · +9 outlets
Mercado Bitcoin halts withdrawals after roughly $40M drained across 10 chains
Brazil's largest crypto exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the Binance breach.
Coindesk · +7 outlets
Bitcoin slides toward $77,900 as Binance outflows and AI unwind weigh on markets
Bitcoin gave back early gains amid heavy exchange outflows and weakness in AI-linked equities; investors are also watching midterm-driven volatility pricing.
Coindesk
Anthropic posts $567M quarterly operating loss as compute costs surge ahead of IPO
The Claude developer reported $17 billion in quarterly revenue but swung to an operating loss as computing costs rose.
Coindesk · +6 outlets
Nvidia, Costco, Nike join pushback on OKX-ICE tokenized stock plans; nearly 70% opt out
Most companies initially picked for tokenized trading have opted out as the 30-day response window nears its end.
Coindesk · +5 outlets
Kim Jong-Un's sister rejects FBI claim that North Korea carried out Binance hack
Pyongyang's denial follows the FBI's attribution of the record heist to North Korean hackers.
Theblock · +12 outlets
NYSE tokenized stock plans advance as Broadridge, Computershare, Equiniti and Superstate join
Four more transfer agents will bring shareholder records and voting services onto blockchain rails for the exchange's planned market.
Coindesk · +1 outlets
Morgan Stanley downgrades Coinbase, cuts price target 53% on weak earnings outlook
Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery.
Coindesk · +14 outlets
Strategy buys another 811 bitcoin for $65.5 million
The purchase follows Strategy's reported $19.5 billion third quarter net income.
Theblock · +14 outlets
Unidentified EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says
The attacker moved funds through ether, instant exchanges and Monero, with the victim and affected exchanges still unknown.
Coindesk · +9 outlets
Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
The bank uses Hong Kong's EnsembleTX system to move deposits between banks around the clock with settlement in central bank money.
Coindesk · +14 outlets
Strive buys 124 BTC, closing in on second-largest public bitcoin holder spot
The $10 million purchase narrows the gap to Strategy, the largest corporate bitcoin holder.
Theblock · +11 outlets
BTCPay tells users to shut down servers after reports of drained wallets
The open-source bitcoin payment project is investigating and says the reports appear to involve versions older than 2.4.2.
Coindesk · +8 outlets
Tokenization firm tZERO to go public via $350 million SPAC deal
The digital securities firm plans to list on NYSE American under TZRO early next year after a decade building blockchain trading infrastructure.
Coindesk · +12 outlets
Bitmine adds 8,573 ETH, holdings reach 6.06 million as Tom Lee flags muted hack reaction
The treasury company's latest purchase came as Binance's hack drew a smaller market reaction than some expected.
Theblock · +1 outlets
Crypto PAC spending meets midterms as industry pushes its Washington playbook
CoinDesk's voter guide and dueling opinion pieces frame Tuesday's results as pivotal for crypto legislation and regulation over the next two years.
Coindesk