Flash News

TREE NEWS update: Binance CEO Richard Teng said the $6.3 billion hack involved “additional points of breach” and was “not a single ‘one-click’ action,” as the exchange confirmed about $3 billion has been frozen. The disclosure adds detail to the scale of the attack and the recovery effort. Binance did not specify which additional systems or processes were compromised.

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: Trezor said it is treating one report of an implanted Safe 5 bought from reseller CryptoBilis as credible before examining the device, while four CryptoBilis-bought Trezors checked so far showed no tampering. The hardware wallet maker is asking anyone who bought from the reseller since March to move to a new seed.

TREE NEWS update: Trezor warned customers who purchased devices from CryptoBilis since March to move their funds following a report of a suspected hardware implant. The hardware wallet maker issued the advisory after the suspected tampering was flagged. Customers who bought through the reseller during that period are being told to transfer assets to safety.

TREE NEWS reports: Coinbase’s third-quarter net income rose 66%, with expanding prediction markets and derivatives businesses helping offset weaker spot trading activity, Bernstein analysts said. The exchange’s results show non-spot revenue lines gaining weight as spot volumes softened.

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 update: Binance said it still expects to restore withdrawals within 45 hours and that its SAFU fund will absorb all losses, the exchange announced. The statement gives a concrete recovery window for user funds and confirms the insurance fund will backstop the losses tied to the incident. Binance did not specify the size of the losses or which assets were affected.

TREE NEWS update: The Shanghai Gold Exchange said Shandong Zhaojin Gold & Silver Refining Co.’s registration change has been approved by the Shandong Provincial Market Supervision Administration, with the company renamed Shandong Zhaojin Gold & Silver Refining Co., Ltd. (joint-stock). The exchange lists the firm among enterprises able to supply standard gold ingots, gold bars and silver ingots. No other details were disclosed.

TREE NEWS update: Binance withdrawals remain paused while deposits operate normally, following a breach that the exchange says was not a “one-click” attack. About $3 billion in affected assets has been frozen onchain. The exchange has not disclosed further details on the incident or a timeline for resuming withdrawals.

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 reports: Bitcoin dropped below 78,000 USDT on OKX, trading at 77,999.9 USDT, a 24-hour decline of 2.45%. The move marks a fresh leg lower for the largest cryptocurrency, with the price slipping under the 78,000 level.

TREE NEWS update: Alibaba Cloud will adjust the official annual and multi-year discount rates for its ApsaraDB for ClickHouse and ApsaraDB for SelectDB prepaid products starting at midnight Beijing time on December 1, 2026. The new discounts apply to one-, two-, three-, four- and five-year orders, including new purchases, renewals and configuration changes. Products within the adjustment scope will be billed at the new rates once they take effect.

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: Tron’s total transaction count has passed 16 billion, reaching 16,007,883,862, TRONSCAN data show. Nansen research cited in the announcement put Tron’s stablecoin settlement volume at $2.21 trillion in the third quarter of 2026, up 5.1% quarter-on-quarter. The network now has 411 million total accounts and more than $27.7 billion in total value locked.

TREE NEWS update: Cursor AI identified a security incident involving a modified Claude Code VS Code extension distributed through the Cursor IDE extension marketplace, affecting no more than 5,000 users. The malicious version was not developed by Anthropic. Cursor has delisted the extension, worked with service providers to remove the malware, and the marketplace is back online.

TREE NEWS reports: Trader dimethyltryptamine.eth (0x4a2C…0614), who spent 0.125 ETH ($251) to buy 5.9 trillion PEPE — a position worth $100 million at its peak — has bought another 45.08 billion PEPE worth $206,500 after a Binance hacker finished selling PEPE, on-chain tracker Lookonchain shows. The new purchase adds to one of the most profitable memecoin trades on record.

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: Trezor said its security team received a responsible-disclosure report alleging that a Trezor Safe 5 purchased from Southeast Asian distributor CryptoBilis contained a hardware trojan. The device, bought via Tokopedia in August 2026, reportedly had an extra circuit board with a cellular module and antenna between the motherboard and screen that could read the display and transmit data over mobile networks when powered on. Trezor has not physically verified the device but deemed the report credible and issued the warning; it removed CryptoBilis from its official reseller list on October 9.