Flash News

TREE NEWS update: Jupiter Lend said a liquidity crunch is delaying withdrawals, with its API showing just 3.35 USDC immediately withdrawable against 418.5 million USDC in Earn deposit claims. The shortfall leaves depositors unable to exit at once as the protocol works through the backlog.

TREE NEWS reports: Bitcoin traded below $80,000 as long liquidations hit $1.34 billion, with leveraged bullish positions being unwound. Ether funding turned negative on OKX, while bitcoin funding remained positive, signaling divergent sentiment across the two largest cryptocurrencies.

TREE NEWS reports: Machi Big Brother (Jeffrey Huang) had his ETH long position fully liquidated during a morning price drop triggered by a Binance hack, on-chain analyst Yu Jin reported on October 30. He then deposited 250,000 USDC into Hyperliquid to reopen longs now totaling $5.88 million across ETH, HYPE and BTC. His ETH position carries a liquidation price of $2,161, about $86 below the current price, and over roughly 18 months of trading on Hyperliquid he has logged $15.86 billion in cumulative volume and $37.05 million in cumulative losses.

TREE NEWS update: Synthetix’s protocolDAO recovered approximately 8.4057 million SNX, worth about $1.5455 million, that were stolen from Binance, the protocol said. The tokens are held in protocolDAO’s Safe multisig wallet and will be returned to Binance at its request; Binance has been notified. Etherscan data shows the transfer from the “Binance Hot Wallet Exploiter 2” address to Synthetix protocolDAO at 07:03 today.

TREE NEWS reports: Security experts said attackers could have drained Binance’s wallets even without Ethereum’s EIP-7702 upgrade, but the upgrade may have helped bypass withdrawal safeguards and amplified losses. The assessment follows the Binance hack, in which the exchange’s wallets were targeted.

TREE NEWS update: Synthetix’s protocolDAO has recovered 8.4 million SNX tokens stolen in a Binance hack, the protocol said. The tokens are now secured in the DAO’s Safe and will be returned once Binance requests them.

TREE NEWS update: Binance co-founder He Yi said on X on October 30 that the 60 million USDT the hacker pledged on Aave is not fully within the freeze scope, and that the hacker actually borrowed only $46 million worth of ETH against it. Once those funds are unfrozen through the law enforcement system, an additional $14 million can be recovered.

TREE NEWS update: Risk service provider LlamaRisk proposed lowering borrow caps across 27 Aave V3 reserves and draw caps on six V4 credit lines, setting new limits at roughly 1.02x pre-attack borrowing levels, the Aave governance forum showed on Oct. 30. The change would remove about $3.7 billion of unused capacity on V3 and $130 million on V4. In V3 Core, the WETH borrow cap would fall from 2.4 million to 1.79 million tokens, with USDT and USDC cut to 2.56 billion and 2.27 billion respectively. Aave froze V3 and V4 reserves after the Oct. 29 Binance hot wallet incident, and LlamaRisk said the attacker still holds large ETH, stablecoin and governance token positions.

TREE NEWS update: LlamaRisk proposed reducing unused borrowing capacity on Aave by about $3.7 billion on V3 and $130 million on V4 ahead of markets reopening, while the existing freeze continues to block new loans. The plan targets unused capacity rather than active debt.

TREE NEWS update: USDT0 froze 6.18 million USDT0 that an attacker stole on Polygon following a hack of Binance, USDT0 co-founder zerolore said on Oct. 30. The team suspended its TRON–Ethereum bridge shortly after the breach was confirmed and, with KYT and compliance partners, caught a second theft on Polygon about 20 minutes later, freezing the funds before the attacker could swap them into unfreezable assets. Transfers between TRON and Ethereum resumed after Tether froze most of the stolen USDT, over $1.3 billion.

TREE NEWS reports: THORChain’s RUNE token rose 13% after Binance suffered a record $6.3 billion hack. North Korean hackers had previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene.

TREE NEWS update: USDT0 froze 6.19 million tokens linked to an exploit affecting Binance, the stablecoin network said. It also restored USDT transfers between Tron and Ethereum after a precautionary pause. The freeze targets funds connected to the incident, though the material did not specify the exploit’s date or the amount lost.

TREE NEWS update: Unit has delayed all deposits and withdrawals following a breach at Binance, with Guardian screening potentially preventing transfers from completing. Binance said its partners have frozen about $3 billion in affected assets. The incident has prompted the suspension of transactions on the platform.

TREE NEWS update: Binance has identified additional breach points in the $6.3 billion attack that forced it to halt withdrawals, with a 45-hour estimate for restarting the service. The exchange said it will cover all losses using its SAFU reserve and company funds. Withdrawals remain paused as the investigation continues.

TREE NEWS reports: The main address linked to the Binance exploit sold FUN on Uniswap, causing the token to plunge 95% in the pool. The same address also sold RAD and OGN, while about 580.8 million unsold FUN was transferred back to the collection wallet.

TREE NEWS update: Binance’s hot wallet was hacked for $6.3 billion in the early hours of Oct. 30, with roughly $3 billion of affected assets frozen but about $3.3 billion still freely transferable by attackers. An initial investigation points to a compromised DevOps engineer’s laptop used to access service containers and submit unauthorized withdrawal transactions. The breach came the night after Ethereum founder Vitalik Buterin warned on a podcast that centralized defenses are more fragile than decentralized ones.

TREE NEWS update: Crypto liquidations exceeded $1.54 billion on Friday morning after an attack on Binance triggered a market-wide selloff, with long positions accounting for about $1.29 billion, or more than 80% of the total. Binance said attackers stole roughly $6.3 billion, with the investigation pointing to a compromised laptop belonging to a DevOps engineer. Bitcoin fell to $76,320 before rebounding to $78,400, still down 2% over 24 hours and 5% below its level at the start of the month.

TREE NEWS reports: An address closed long positions in 1,000 BTC and 10,000 ETH after holding them for four months, booking more than $20 million in profit. The same address then opened a 20x short position on 13,000 ETH worth $29 million, reversing its directional bet on the asset.

TREE NEWS reports: A Bitcoin short position worth $13.74 million was liquidated during a market rebound, involving 174.86 BTC, on-chain data from Lookonchain shows. The liquidation adds to a wave of short squeezes as BTC prices recovered.

TREE NEWS update: Uniswap v4 launched aggregator Hooks on October 22, packaging external liquidity sources into standard v4 pools across Ethereum mainnet, Base and Robinhood Chain. The feature supports seven external sources including Curve, Fluid and PancakeSwap, and Uniswap says it now covers over 90% of DEX activity on those chains. Trades routed through wrapped pools still incur fees used for UNI burns, though data shows $2.85 billion routed since April generated just $2,059 in fees, 85% from Sky’s LitePSM at zero fee.