Flash News

TREE NEWS reports: Standard Chartered’s Geoffrey Kendrick said the Binance breach could accelerate a shift toward decentralized trading and strengthen his case for Uniswap’s UNI token reaching $100 by 2030. The assessment ties the hack to a potential migration of trading activity to DEXs, with Kendrick maintaining a long-term bullish view on Uniswap.

TREE NEWS update: Binance confirmed that roughly $3 billion of the nearly $6.3 billion stolen in a coordinated hot-wallet breach has been frozen, with Tether and Circle accounting for about $2.6 billion. Tether blacklisted over 1.76 billion USDT plus XAUT and USDT0, while Circle froze 823 million USDC. Arbitrum’s Security Council moved 74.56 million ARB and 8,425 ETH to a freeze wallet, and Binance locked nearly 30,000 WBETH.

TREE NEWS update: Binance estimated the total impact of a security incident at about $6.3 billion, saying user funds are safe. The exchange said the breach may involve a DevOps engineer’s laptop, with attackers gaining access to a service container and submitting unauthorized withdrawal transactions. Binance said its SAFU (Secure Asset Fund for Users) will bear all losses.

TREE NEWS reports: Bitcoin slid below $77,000 and BNB fell 7.1% after a hack at Binance. Binance Co-CEO Yi He said the exchange will cover all user losses resulting from the breach.

TREE NEWS update: Coinbase posted third-quarter net income of $719 million, ending three straight quarters of losses, on total revenue of $1.216 billion, down 35% year over year. The profit included $715 million in crypto asset investment gains; adjusted net income was $77.7 million, down 82% year over year. Stablecoin revenue reached $307 million and prediction-market revenue ran above a $200 million annualized pace, while spot trading volume fell to $134.5 billion.

TREE NEWS update: Binance hot wallets across six blockchains were drained of at least $5.5 billion starting October 29, 2026, in the largest publicly recorded crypto theft. Attackers used an EIP-7702 authorization signed with a Binance 14 private key to delegate the wallet to a sweeper contract, then emptied 11 Binance wallets across Ethereum, Arbitrum, Optimism and Avalanche within 12 minutes. Tether and Circle froze about $1.8 billion on the main receiving address; Binance said it is investigating.

TREE NEWS update: Binance-linked wallets saw about $5.64 billion in asset outflows after a hack, including $3.53 billion on Ethereum, $1.45 billion on Bitcoin and $628 million on Tron. Tether and Circle froze at least $2.316 billion in stablecoins, and Binance said confirmed frozen assets total roughly $3 billion. Co-founder Yi He said user funds are safe and Binance will bear all losses from the attack, with deposits and withdrawals paused pending a security review.

TREE NEWS update: Binance said its verified frozen funds total approximately $3 billion, the exchange announced. The figure covers funds frozen following verification, Binance said, without specifying the period or the number of accounts involved. The exchange did not disclose further details on the seizures or the authorities involved.

TREE NEWS update: Binance has suspended all deposit and withdrawal functions while it conducts a security check, freezes funds and works with law enforcement, the exchange said in a post on X. Binance said it will bear all losses and is working continuously to resolve the issue, and will publish a full post-mortem report once the investigation is complete. The post did not disclose the size of the losses or the nature of the incident.

TREE NEWS reports: Blockaid CEO Ido Ben-Natan said the recent Binance hack may have involved misuse of private keys rather than outright theft, suggesting attackers manipulated the exchange’s transaction-signing infrastructure. He drew parallels to the Bybit hack, indicating a possible pattern in how the breaches were executed.

TREE NEWS update: zkLink halted its Nova network on Thursday, patched affected contracts and disabled withdrawals after an attacker faked withdrawal approvals to drain more than $780,000 from its bridge to Ethereum, the team said. Security firms identified the exploit, which let the attacker move funds out of the bridge.

TREE NEWS reports: Galaxy research chief Alex Thorn said bitcoin held near $80,000 because trading-driven hedge funds and bank desks had already cut their spot bitcoin ETF positions by June, citing 13F filings. With that selling already done, the market faced less pressure at that level.

TREE NEWS reports: Hyperliquid Strategies Inc. (PURR) closed up 23.27%, its largest single-day gain since Aug. 19, after TradeXYZ and Intercontinental Exchange (ICE) announced a partnership. Stanley Druckenmiller said on social media that he is excited to be a TradeXYZ investor and looks forward to using its products to optimize his own investment process; his representatives confirmed the information.

TREE NEWS update: Binance said customer funds are safe following a security incident, while issuer-imposed freezes are restricting token movements. The exchange has not established how much has been recovered or ultimately lost. No timeline or further details were provided.

TREE NEWS update: Bithumb has confirmed a suspected security issue at Binance and advised users to be cautious when withdrawing crypto assets to the exchange. The South Korean exchange said it is monitoring the situation and may restrict withdrawals to Binance if necessary to protect user assets, with any changes to deposits and withdrawals to be announced separately. Upbit issued a similar warning earlier.

TREE NEWS update: Binance said on Oct. 30 that the total value of frozen assets it has verified stands at $2.54 billion, after figures circulating externally varied, including $1.8 billion. The exchange said the number may keep rising as its team works with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze more assets, and that it will publish only confirmed data. Binance has suspended withdrawals and Binance Alpha trading, saying user funds are safe.

TREE NEWS update: Binance said it has verified a total of $2.54 billion in frozen assets and is working with law enforcement, with more assets potentially subject to freezing. The exchange did not specify the period covered or which cases the frozen funds relate to.

TREE NEWS update: Binance suffered a multibillion-dollar hack, sending BNB down 8% and rattling the broader crypto market. Bitcoin, Ether and other major tokens also fell, with Bitcoin trading near $77,000. The exchange has not disclosed the exact size of the loss.

TREE NEWS update: Coinbase has filed to remain authorized under Brazil’s new crypto rules, which take effect Nov. 6 and bar banks and payment firms from conducting crypto operations with unauthorized providers. The amended rule also removes the exemption for firms still awaiting a regulatory decision, meaning Coinbase must secure approval to keep serving the Brazilian market.

TREE NEWS update: Binance has suspended trading on Binance Alpha, the exchange said, without specifying the nature of the security issue involved. Trading services will resume once the security problem has been addressed, Binance said. The exchange did not give a timeline for restoring the service or say which assets were affected.