TREE NEWS update: Binance co-founder Yi He said on X that the exchange has paused withdrawals until the environment is confirmed safe, after its hot wallet was suspected of being attacked. She thanked Ripple for swiftly freezing about $200 million in related assets and World Liberty Financial for freezing $27 million in USD1 and 48 million WLFI tokens (about $2 million). On-chain data indicates outflows tied to the incident may have reached $5.6 billion.
TREE NEWS update: Binance founder CZ said the exchange’s net loss from the incident may be slightly higher than $1 billion but will be fully covered. DefiLlama’s 0xngmi estimated the total loss at about $1 billion, or 0.69% of Binance’s roughly $144 billion in custodied assets, after USDT and USDC were frozen. Lookonchain reported over $5.8 billion in stolen assets, including $2.41 billion in USDT and USDC that has been frozen.
TREE NEWS reports: An address flagged as “Binance Hot Wallet Exploiter 3” deposited about 60 million USDT into Aave V3 and borrowed 19,762 ETH, worth roughly $44.7 million, starting at 04:57 Beijing time on Oct. 30. The borrowed ETH was drawn in two tranches, and a total of 23,314.5 ETH has since been moved to another address tied to the suspected Binance hot wallet theft.
TREE NEWS update: Kraken said it is investigating an issue with its FLOW funding gateway, warning that deposits and withdrawals of the token may be delayed. The exchange did not specify the cause of the problem or give a timeline for a fix. FLOW is the native token of the Flow blockchain.
TREE NEWS update: Binance said on October 30 that its team is conducting a security check and that withdrawals will resume once the security issue is fully resolved, adding that user funds remain safe and it will keep updating. The exchange had earlier said some users’ withdrawals were blocked by a technical error and were being restored. On-chain data indicated Binance’s hot wallet may have been attacked, with outflows possibly reaching $5.6 billion.
TREE NEWS reports: Synthetix and Infinex founder Kain Warwick said Anthropic’s seven co-founders pooled a 50.1% voting bloc in its IPO filing, arguing the structure is an untested design that crypto governance has already seen fail. Speaking on Uneasy Money, Warwick compared the arrangement to a DAO, where concentrated founder voting power can override outside holders.
TREE NEWS update: US Senators Elizabeth Warren and John Curtis sent letters to prediction-market platforms Kalshi and Polymarket demanding details on how they prevent insider trading and market manipulation in election betting ahead of next week’s midterms. The lawmakers asked the firms to disclose the number of suspected violations blocked before trades occurred and identified afterward, with written replies due by November 3. They said they remain doubtful the companies can adequately police such event contracts with effective review and real accountability.
TREE NEWS reports: BNB fell as much as 6.23% on Thursday, hitting an intraday low of $678.13 and trading at $703.55, after Binance’s hot wallet was suspected of being attacked. On-chain data showed outflows of up to $5.6 billion. Binance said some user withdrawals were blocked by a technical error and that it is working to restore them. Bitcoin was down 3.25% at $79,117 over the same period.
TREE NEWS update: Binance said on Oct. 30 that some users are unable to withdraw cryptocurrencies due to a technical error, and its technical team is working to restore normal withdrawal services, promising an update once fully recovered and stating that user funds are safe (SAFU). The exchange’s hot wallet was previously suspected of being attacked, with on-chain data showing related asset outflows of up to $5.6 billion; Binance has said user funds are fully safe and that it is still investigating potential security issues.
TREE NEWS update: Binance said it is investigating a hack after suspicious outflows from its hot wallets reached as much as $5.8 billion. Tether and Circle subsequently froze $1.79 billion in USDT and USDC tied to the movement. The exchange has not disclosed further details on the incident or the status of customer funds.
TREE NEWS update: Binance said user funds are “completely safe” after about $3.5 billion drained from wallets labeled as Binance’s on Etherscan, on Ethereum alone. The exchange’s assurance followed an independent count of the outflows. The withdrawals were tracked on-chain from addresses tagged as belonging to Binance’s hot wallets.
TREE NEWS update: Binance US said it was not affected by a security incident reported in the media, stating that Binance US and Binance.com are independent entities. The exchange did not provide further details on the reported incident or specify what the media reports concerned.
TREE NEWS update: Singapore police have linked S$3.5 million in losses to Ledger hardware wallets bought from local retailers, citing preliminary findings of malicious hardware inside the devices. Ledger is reviewing the cases, police said. The losses stem from compromised devices sold through Singapore stores.
TREE NEWS update: Coinbase CEO Brian Armstrong adopted a Rule 10b5-1 trading plan on Aug. 12 to sell up to 8,167,400 Class A common shares through the exercise of vested stock options, subject to specified share-price thresholds. The plan’s expected execution window runs from Nov. 16, 2026, to Oct. 22, 2027, and the shares are valued at about $1.31 billion. Co-founder Fred Ehrsam and executive Emilie Choi have also adopted share-sale plans.
TREE NEWS reports: On-chain estimates show about $5.8 billion moved out of Binance wallets in a suspected hack, with marked wallet outflows at roughly $5.64 billion as of 5:22 a.m. Beijing time — $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and $38 million combined on Arbitrum, Optimism and Base. Tether and Circle have frozen at least $2.316 billion in stablecoins. Binance has not confirmed a hack and says user funds are fully safe.
TREE NEWS reports: An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, with Tether and Circle freezing $1.8 billion of the funds. The combined figures cover the suspected exploit and the stablecoin issuers’ subsequent action against the assets.
TREE NEWS update: Circle has frozen more than $800 million in USDC assets linked to a potential vulnerability connected to Binance, the stablecoin issuer said, adding that it is closely monitoring the situation. The company did not specify the nature of the exposure or how many addresses were affected. The freeze marks one of the largest single actions taken by Circle against its own stablecoin supply.
TREE NEWS update: Tether has frozen more than 1.567 billion USDT linked to a possible hack of the Binance exchange, Tether CEO said. The figure covers USDT tied to the suspected breach at Binance, one of the largest crypto exchanges by trading volume. No further details on the timing or scope of the suspected hack were provided.
TREE NEWS update: Polymarket has added 15-minute gold and silver prediction contracts that settle on start-and-end spot prices, using Chainlink for price data. US takers pay about $1.74 per 100 contracts traded at 50 cents, before rebates. The listing expands the platform’s short-duration commodity markets.
TREE NEWS update: Binance has frozen $3 billion in crypto assets tied to a multibillion-dollar hack, the exchange said, with further freezes possible as investigators trace the funds. The figure covers assets locked in connection with the incident, and Binance said additional freezes may follow as the tracing continues.