News linked to this event type.
Odaily reports: Binance co-CEO He Yi said in a video posted on X that the affected assets in the hacking incident totaled $6.3 billion, of which $3 billion was frozen with the help of industry participants. Withdrawals are expected to reopen in the next 42 hours; withdrawals were previously suspended to ensure the entire environment was uncontaminated. In addition to rebuilding a secure environment, the pursuit of the hackers will not be abandoned, and the investigation will be carried through to the end.
Odaily reports: Starknet posted on X that account abstraction allows accounts to change their verification logic without changing their address, balance, or history, enabling a switch to post-quantum signature schemes without modifying the protocol. Starknet stated that, as an Ethereum L2, its settlement, data availability, and cross-chain bridges still depend on Ethereum and elliptic curve cryptography; researching an independent L1 would allow it to set its own cryptographic schemes and migration timeline. The independent L1 is currently still a research direction, STRK remains the native token, there are no plans to issue a new token, and any decision to migrate to an L1 would require a binding governance vote.
Odaily reports: Analysts at StoneX and TD Cowen believe that Strategy's preferred stock financing structure has stabilized and liquidity has improved, creating conditions for the company to resume accumulating Bitcoin and increase its Bitcoin holdings per share. Both institutions maintain a Buy rating, with target prices of $435 and $260, respectively.As of the end of the third quarter, Strategy held $5.07 billion in U.S. dollar assets, including $4.83 billion in cash reserves, sufficient to cover approximately 3.2 to 3.4 years of preferred stock dividends and debt interest. Strategy also spent approximately $2 billion to repurchase STRC preferred shares, helping its price recover to near its $100 par value. However, because funds were prioritized for replenishing cash reserves and supporting preferred stock rather than accumulating Bitcoin, Strategy's Bitcoin holdings per share declined 3.7% during the year.Additionally, holders of STRC, STRF, STRK, and STRD preferred shares have approved daily accrual of dividends: STRC effective November 1, and the other three classes effective January 1 of next year. Management stated that the move is intended to reduce volatility, improve liquidity, and expand demand. TD Cowen believes that broader distribution channels and better liquidity could ultimately enhance Strategy's efficiency in issuing "digital credit" products.
21Shares has released an analysis report on the Binance hack, stating that on October 29, Binance suffered an attack of approximately $6.3 billion, of which about $3 billion in stolen assets have now been frozen, and Binance has committed to bearing all losses. Within 24 hours after the incident, Bitcoin fell slightly more than 2%, significantly lower than the roughly 26% decline Bitcoin experienced after the FTX incident in November 2022. 221Shares emphasized that this incident was a security breach affecting Binance as a single company, and that the Bitcoin network itself was not attacked. Binance stated that it will cover all losses through the SAFU fund and corporate funds. Calculated at a Bitcoin price of approximately $78,509, the 15,000 BTC held by the SAFU fund is worth about $1.18 billion, which can cover about 36% of the losses on unfrozen assets, with the remaining portion to be borne by corporate funds. The report also mentioned that Chainalysis has high confidence that the attack is linked to North Korea, but Binance and government agencies have not yet officially confirmed the attribution.In addition, 21Shares stated that the assets of its physically backed ETPs and ETFs are held in cold storage by third-party custodians such as BitGo, Coinbase Custody, Anchorage Digital, and Zodia Custody, and are not kept in exchange accounts. Therefore, they were not affected by this incident, and all of the company's products are trading normally.
Regarding the attack details, Teng stated that the incident was not carried out by a single individual and involved sophisticated techniques. Initial investigations pointed to a compromised laptop, with subsequent inquiries revealing additional points of entry. The attackers deployed a self-destruct mechanism to eliminate tools and traces during the attack, complicating tracking efforts. They also exploited the known EIP-7702 protocol to secure on-chain execution authorization for a hot wallet, bypassing Binance's standard approval controls. Consequently, Binance suspended withdrawal services to investigate, rebuild, and thoroughly retest its entire infrastructure.
Odaily reports: Crypto analyst Darkfost posted that HYPE's spot trading volume on Binance yesterday hit an all-time high of $16.2 billion, far exceeding the platform's monthly average daily trading volume of approximately $3.6 billion. Driven by this, HYPE's price rose from $81 to $97, a single-day gain of about 24%. The surge in trading volume is related to the announcement of a partnership between TradeXYZ and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). The two parties plan to launch a 24/7 perpetual futures market in the United States built on Hyperliquid's technical infrastructure, covering equities, commodities, foreign exchange, and cryptocurrencies, subject to regulatory approval.Under the arrangement, ICE will operate the regulated market, while TradeXYZ will handle market design and implementation. The news was subsequently shared by Stanley Druckenmiller in his first-ever post on X. Darkfost noted that the news was quickly priced in by the market, but it was not entirely without warning—Trump had previously stated that Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is working to bring Hyperliquid into the U.S. market in a compliant and legal manner.
Runware stated that the manufacturing time for a single module will be reduced from three weeks to one day, with installation and commissioning completed within 48 hours after delivery to the customer site. Customers can either rent computing capacity or provide their own GPUs, paying monthly module and operational fees while power and network costs are billed separately. The company said it has secured $1 billion in letter-of-intent commitments since launching external sales, covering more than 20 megawatts of capacity.
Odaily reports: Zhu Hexin, Party Secretary and Director of the State Administration of Foreign Exchange, chaired a Party Leadership Group meeting on October 30, 2026, to convey and study the important speech delivered by General Secretary Xi Jinping at the Fifth Plenary Session of the 20th Central Committee of the Communist Party of China and the spirit of the plenary session, and to study and plan the implementation of the relevant work. Members of the Party Leadership Group of the State Administration of Foreign Exchange attended the meeting.The meeting required resolutely implementing the major decisions and arrangements of the CPC Central Committee. It is necessary to earnestly implement the requirements of the "15th Five-Year Plan," improve a more convenient, more open, more secure, and smarter foreign exchange management system and mechanism, advance deep-level reform and high-level opening-up in the foreign exchange field, do a good job in the "five major articles" of finance, safeguard the stability of the foreign exchange market and national economic and financial security, crack down harshly on illegal cross-border financial activities, strengthen the development of foreign exchange reserve management and operation capabilities, and earnestly follow the path of financial development with Chinese characteristics.
According to a post by the Newton Foundation (@NewtonFndn), the attacker involved in the recent Binance breach appears to have made an operational error, directly transferring approximately 8 million NEWT tokens, along with 17 other tokens (ANIME, ANKR, ARPA, BARD, CELR, DENT, DOLO, FTT, GLM, HIGH, HOT, KNC, LQTY, RARE, RESOLV, SIGN, WOO) to the NEWT token contract address (0xd0ec028a3d21533fdd200838f39c85b03679285d). Valued at current prices, the total amounts to approximately $3.5 million. The foundation stated that the NEWT token contract itself was not compromised. Featuring an immutable design with no owner or administrator, all management rights were relinquished on-chain in 2025, and upgrade functionality has been permanently disabled. As a result, no one, including the foundation, can retrieve these tokens.
Odaily reports: Trust Wallet stated that although the recent attacks on Polymarket and Binance did not affect Trust Wallet itself, the team conducted a comprehensive review of security defense measures this morning, including improving standard operating procedures (SOPs) and formulating a code hardening plan to address the attack risks brought by the development of AI technology. Trust Wallet said it will take every security incident in the industry seriously and learn from them. Specific measures will not be disclosed for now, but related reports may be published in the future, and the team plans to collaborate with top crypto security firms and other wallets. The team emphasized that most security hardening efforts will not be directly visible in the user experience, but are crucial for self-custodial wallets, and that security should be the top priority for all market participants at present.
According to Odaily, the Newton Foundation stated that the attacker in the Binance hacking incident appears to have made an operational error today by transferring approximately 8 million NEWT and 17 other tokens directly to the NEWT token contract address. The total value of the involved assets is approximately $3.5 million at current prices.The Newton Foundation stated that the NEWT token contract itself was not compromised. Because the contract uses an immutable design, all admin permissions were renounced in 2025, and upgrade functionality was permanently disabled, no one (including the Foundation) can retrieve the tokens mistakenly transferred to the contract. These assets are now permanently locked, and the attacker can no longer control or sell them. The Foundation has shared the investigation results with Binance and will continue to provide assistance.
Odaily reports: Hardware wallet brand Keystone has issued an update on the handling progress of a previous security incident, stating that it has shortened the logistics data retention period from 180 days to 90 days, effective immediately. Users who wish to have their data deleted earlier may contact official customer service after their order is delivered to request immediate deletion.Keystone stated that it has sent email notifications to all affected users, suspended all shipments, and isolated affected devices at all partner warehouses, including Amazon warehouses. The team is currently responding to user inquiries through the X platform and customer service tickets, and continues to improve the security of the inquiry page for affected users.In addition, Keystone reminds users to be vigilant against phishing attacks, emphasizing that emails related to the incident are sent only through the official email address, and that the official team will never request mnemonic phrases via email, direct message, or phone call. It also advises users to remain cautious about messages requesting urgent action. The team stated that further measures will be announced in the coming days and apologized to affected users for this incident.
This method has been integrated into the open-source library gnark-crypto. The library currently runs on Besu, Linea, go-ethereum, as well as gnark-based systems such as Succinct and Lighter. The related paper has been accepted by the IACR Transactions on Cryptographic Hardware and Embedded Systems (TCHES) and will be published at CHES 2027.
Ethereum Layer 2 network Scroll published a summary of its DAO monthly meeting on October 30, further disclosing its network transformation plan, which intends to adjust the existing network into a permissioned network and migrate SCR and USX to the Ethereum mainnet. Scroll stated that detailed proposals will subsequently be submitted for governance review of the related transition arrangements.To support the transition, Scroll is preparing to help users review their existing positions and safely transfer or withdraw assets during the network transformation. In addition, Scroll's AI application Compass has launched a paid subscription service on iOS, while the Android version and more fiat payment methods are still under development, and the Compass API is also expanding support for different AI models.
BNB Chain has issued a statement expressing support for Binance and the teams that have been handling the security incident since last night, and confirming that BNB Smart Chain, opBNB, BNB Greenfield, and the BNB Chain cross-chain bridge were all unaffected by this incident. All networks are currently operating normally, and funds on BNB Chain are safe. BNB Chain also stated that it fully trusts the Binance team to handle this incident and will continue to collaborate with ecosystem partners to strengthen security protections and maintain industry trust.
Odaily reports: Japan's Financial Services Agency (FSA) has published a commissioned research report on overseas financial regulatory systems, totaling 609 pages and authored by the Japanese law firm Atsumi & Sakai. The report covers 8 countries and regions, including the United States, the United Kingdom, the European Union, China, and Hong Kong, and aims to provide reference for Japan's financial system planning and legislation.The report focuses on regulatory frameworks for crypto asset exchanges, stablecoins, and real-world asset (RWA) tokenization across various jurisdictions, including the US GENIUS Act, the EU's MiCA regulation, the UK's stablecoin regulatory proposal, and China's virtual currency and RWA regulations issued in February 2026. The report notes that under China's current rules, domestic RWA tokenized issuance, trading, and related services are in principle prohibited, except for businesses conducted with the consent of competent authorities and relying on specific financial infrastructure. Additionally, the report covers Hong Kong's expansion of the scope of tokenized securities trading and related market regulatory arrangements. (CoinPost)
According to BeInCrypto, Chainalysis data shows that over the year ending June 2026, the South African crypto economy expanded by 52% to $39.3 billion, with increases across all tracked activity categories. Commercial payments, including those from South African merchants and P2P traders, reached $8.34 billion, outpacing institutional activity ($1.29 billion in inflows); stablecoin inflows through Sub-Saharan African P2P channels totaled $14.6 billion, on par with Bitcoin. A draft regulatory framework for crypto asset management released by the South African Treasury and Reserve Bank (SARB) on August 3 would stipulate that individuals may only transfer crypto assets abroad through authorized local service providers within existing foreign exchange limits, while businesses are prohibited from cross-border transfers of crypto assets. As of March 31, the Financial Sector Conduct Authority (FSCA) had issued licenses to 310 crypto asset service providers, though these entities must still secure separate authorization from the SARB. On October 21, Finance Minister Enoch Godongwana stated that after receiving thousands of public submissions, the Treasury will aim to release a revised second draft, with no timeline currently announced.
AIDOG has announced it will launch on BSC tonight at 20:00. AIDOG is a pure animal meme coin that supports minting via the AiAgent wallet.AIDOG adopts a fair minting model with no pre-allocation. Upon completion of minting, LP will be automatically added, permissions will be discarded, and the liquidity will be sent to a black hole. Participation is limited to Binance Agent wallets only.
Odaily report: CZ posted that token recovery efforts appear to have begun. He added that users can pay fees with the tokens they are trading when trading on Binance, so Binance naturally accumulates all listed tokens. CZ finally emphasized that user funds are safe (SAFU).
Odaily reports: According to Bitfinex analysis, Strategy shareholders voted on October 28 to approve a proposal for daily dividend payments on STRC preferred stock, with preliminary results showing 99.3% of votes in favor. STRC is expected to shift from semi-monthly dividend payments to daily dividend payments starting November 1, with the first cash dividend payment arriving on November 2; Strategy's other three preferred stocks, STRF, STRK, and STRD, are expected to follow suit in January 2027.Strategy's move aims to reduce price volatility around ex-dividend dates. Company CEO Phong Le stated that previously, when STRC paid dividends monthly, prices fell by an average of about 49 basis points around the ex-dividend date, which dropped to about 36 basis points after switching to semi-monthly payments. The company expects that daily dividend payments will further disperse selling pressure and improve price stability.This model was not pioneered by Strategy. Bitcoin treasury company Strive converted its SATA preferred stock to daily dividend payments in June of this year and launched a subordinated preferred stock, SATS, with a fixed annual dividend rate of 15%. In October, Strive issued 7 million shares of SATS at $90 per share, raising approximately $630 million, and used about $511 million of that to purchase 6,182 BTC.