News linked to this event type.
Odaily — The costs incurred by cryptocurrency exchange Binance from fines and hack-related losses are estimated at approximately $10.7 billion, equivalent to about 56% of its estimated pre-tax profit from 2021 to 2025. Vetle Lunde, Head of Research at K33 Research, estimates that Binance's pre-tax profit over the same period was approximately $19.2 billion.Known fines total approximately $4.34 billion, including the $4.32 billion U.S. criminal settlement Binance agreed to pay in 2023; Binance's local business units in other countries were separately fined about $20 million. Hack-related losses amount to approximately $6.38 billion, including $6.34 billion reserved for recent incidents and 7,000 BTC stolen in 2019.In the recent hack incident, approximately $3 billion in stolen crypto assets have been frozen, and the amount Binance will ultimately be able to recover remains unclear. Binance says it has covered about 95% of the affected assets, and withdrawals have recovered and stabilized after an initial surge; its tracked assets have fallen more than 11% since October 29 to approximately $128.3 billion. (Bitcoin.com News)
Mercado Bitcoin announced that the address involved in the security incident has transferred 2,800 ETH to another address, with the on-chain transaction successfully completed.
$5.55 million worth of assets in addresses linked to the Mercado Bitcoin hacker have been frozen.
Odaily reports: Brazilian exchange Mercado Bitcoin stated that a security incident caused over $46 million in cryptocurrency to be transferred out of its wallets on Monday. Several hours after the company suspended deposits and withdrawals, funds were still being moved from addresses linked to the incident, and thousands of small ETH transfers were subsequently sent to the same address. Security firms said the attack was carried out through regular transfers rather than a smart contract exploit.As of 16:42 UTC, stablecoin issuers Tether and Circle had frozen approximately $6.2 million in stolen funds; about $20 million was moved to newly created wallets, while another over $20 million remained in addresses identified by Mercado Bitcoin as related, including all 106 BTC. A Mercado Bitcoin spokesperson said customers suffered no losses and no data was leaked; the incident is still under investigation and has not yet been attributed to an organized group. (Cointelegraph)
According to Odaily's monitoring via Onchain Lens, King, one of the longest-running arbitrage bots on Solana, with cumulative PnL reaching $7.2 million, had approximately $786,000 in assets stolen, including 4,260 WSOL, 191 SOL, and $366,000 in stablecoins. The drain address is BHRayETPjvgg3BCr9H82V1D6NRwxu5v44JAaVuaod3jU, the forwarding address is Ddmy5oM8xtTs1EBC6eF2SZwQfBreewQpFgtUDm51Hkqj, and the victim address is 7dGrdJRYtsNR8UYxZ3TnifXGjGc9eRYLq9sELwYpuuUu.
Odaily reports: Digital asset company Tether froze over $1.5 billion in USDT within 30 minutes of the Binance hack on October 29, preventing the related funds from being transferred, exchanged, or laundered. The U.S. Federal Bureau of Investigation (FBI) determined that North Korea was responsible for the attack.Tether stated that as of October 31, 2026, it has assisted the U.S. Department of Justice, the U.S. Secret Service, and the FBI in freezing more than 3,590 wallets involving approximately 1.6 billion USDT; the total amount of USDT frozen in secondary market addresses has exceeded 7 billion.(Tether News)
According to Onchain Lens, Mercado Bitcoin has been hacked. An attacker currently holds $46.5 million worth of crypto assets across 46 addresses, including 3,680 ETH, 106 BTC, and $8 million in stablecoins. Mercado Bitcoin stated that customer funds and data were not affected.
Beget announced that its infrastructure was targeted in a large-scale cyberattack, resulting in partial service disruptions, with the timeline for full recovery currently undetermined.
Arkham monitoring shows that its flagged Mercado Bitcoin hacker entity holds approximately $46 million in crypto assets, including $8.37 million worth of ETH and $8.24 million worth of BTC.
Relay stated that some transactions and routing have been suspended or delayed to prevent stolen Binance funds from flowing through its protocol, and users do not need to take any action.
Star stated that following the Binance security incident, OKX is tracking the stolen funds, strengthening market risk controls, and reviewing its own security architecture.
Odaily Report: Tether CEO Paolo Ardoino stated that Tether has frozen over 4.5 million USDT related to the Mercado Bitcoin security incident.Mercado Bitcoin previously stated that a security incident occurred in one of its systems, with no customer losses and no data breach; as a precautionary measure, the platform temporarily suspended deposits and withdrawals.
Mercado Bitcoin 公布与安全事件相关的多个链上接收地址，称正继续推进安全恢复运营。
Odaily Report: Arkham previously posted that the Binance hacker deposited approximately $4 million into 3 Binance deposit addresses, and speculated that these addresses may belong to third-party trading platforms that use Binance's liquidity and custody services.In response, SomaXBT stated that Arkham misidentified the THORCHAIN Asgard Vault addresses as Binance hacker addresses. The Binance deposits were actually paid by THORCHAIN accounts, and it was not the Binance hacker depositing funds into Binance. In addition, SomaXBT also disclosed two related THORCHAIN account addresses.
Brazilian cryptocurrency exchange Mercado Bitcoin discovered a security incident involving its internal systems early on November 2 and quickly took measures to contain the situation. Mercado Bitcoin emphasized that the incident caused no loss of customer assets and did not result in a data breach. As a precautionary measure, the platform has temporarily suspended deposit and withdrawal services.
Brazilian cryptocurrency exchange Mercado Bitcoin has confirmed a security incident and temporarily suspended user deposit and withdrawal services, while stating that customer assets were not affected.Previously, blockchain security firm Hypernative detected over $40 million in suspicious transfers across multiple blockchain networks. According to local media outlet BitNotícias, the abnormal fund flows may be related to this security incident. (The Block)
Odaily reports: According to monitoring by on-chain analyst Ai Yi, the North Korean hackers suspected of attacking Binance made multiple operational errors while transferring stolen assets: first, they transferred various tokens worth approximately $3.5 million to the NEWT contract address; second, they failed to check the liquidity pool status, causing PROM tokens worth approximately $5 million to be sold for only $71; third, they used MetaMask to pay Gas fees on their behalf, which may leave off-chain operation logs such as IP addresses; fourth, they deposited approximately $250,000 to Gate, and Gate has frozen two related accounts and stated it will assist with the follow-up investigation.Related analysis suggests that the more types of stolen assets there are and the more complex the transaction links and parties involved, the easier it is for attackers to leave tracking clues, which may also help Binance subsequently trace the flow of funds.
Lookonchain linked an address that previously purchased 27,553 ETH to a suspected hack involving an EU entity, stating the average purchase price was $2,286.
Odaily reports: Tom Lee, Chairman of Ethereum treasury company Bitmine and co-founder of Fundstrat, discussed key market trading themes for the coming week, the U.S. midterm elections, and the Binance hack incident in an interview on CNBC's "Squawk Box." He stated that despite the turbulence, he still expects the market to remain strong through year-end. (CNBC)
According to market sources, XRP Ledger (XRPL) plans to fix a security vulnerability that could allow stablecoin partners to bypass existing control mechanisms and mint new tokens on their own.