News linked to both this project and an event.
Odaily reports: According to Bitcoin News monitoring, the US Secret Service stated that within minutes it helped freeze a "substantial portion" of the stolen assets in the Binance hack case involving $6.3 billion. The agency said investigators immediately worked with crypto industry partners after Thursday's attack to identify and freeze the stolen assets. So far, approximately $3 billion in assets have been frozen cumulatively, but the Secret Service did not disclose the specific amount it helped preserve. The FBI attributed the theft to the North Korean TraderTraitor group and published hundreds of wallet addresses associated with the theft. Federal agencies are tracking and recovering the remaining funds.
According to Xinhua Daily, Chinese Ministry of Foreign Affairs spokesperson Mao Ning held a regular press briefing. A Yonhap News Agency reporter asked about the US Federal Bureau of Investigation's (FBI) October 31 statement identifying North Korea as the mastermind behind the theft of approximately $6.3 billion in Binance assets. US President Trump stated that if the allegations are true, the United States would discuss the matter with North Korea, and the reporter sought the Chinese side's views on the incident and Trump's comments. Mao Ning replied, "Regarding your question, we are not aware of the situation."
Gate posted on X that it has identified and frozen two related accounts. The relevant information has entered the due diligence process, and the platform will fully cooperate with law enforcement authorities and follow-up investigations.Earlier, according to Lookonchain monitoring, the Binance hacker deposited $250,000 to Gate over the past 12 hours.
The U.S. Secret Service stated that investigators collaborated with industry partners within minutes of the incident to locate and freeze a significant amount of stolen cryptocurrency, and the investigation remains ongoing.
THORChain posted on X stating that on October 31, a single-block reorg occurred on Ethereum, causing THORChain to erroneously pay out 10 ETH that had never actually been received. The automatic solvency check mechanism was immediately triggered, pausing ETH swaps. Within approximately two minutes, node operators further paused ETH transaction signing to prevent continued outflow of funds. As a precautionary measure, nodes subsequently paused transactions on all related chains to allow the core development team to investigate. Currently, the user has voluntarily returned the 10 ETH, and the treasury has regained solvency.Earlier reports indicated that the Ethereum reorg caused THORChain to pause, inadvertently delaying the money laundering of stolen Binance funds.
Binance co-founder He Yi stated that the Binance community reward campaign requires regulatory approval and will only officially launch after regulators complete their review and grant approval once their offices open tomorrow. Binance has not yet rolled out any cash voucher activity and reminds users to be vigilant against various phishing and scam links. He Yi emphasized that security always comes first.
Odaily reports: Analyst Darkfost posted that with the recent hack of Binance, the North Korean hacker group Lazarus Group's cumulative stolen funds have reached $11.87 billion. According to 2025 data from the Bank of Korea, this amount is equivalent to 45% of North Korea's GDP and 35% of its Gross National Income. However, some of the funds were lost during subsequent money laundering processes.Darkfost noted that the recent attack on Binance was the most profitable attack by the North Korean hacker group. He also stated that the relevant information was circulating on the X platform before the FBI confirmed it.
Maxine Waters responded to the Binance hack, stating that she will push for stronger consumer protection, financial crime prevention, and cybersecurity standards, and enhance accountability in the crypto industry.
Bitcoin News posted on X that blockchain analytics firm Chainalysis said hackers used "offensive agentic technology" to gain unauthorized access to its internal systems and tools, resulting in the leak of customer names, email addresses, user IDs, and organizational job titles. Chainalysis stated that there is currently no evidence that passwords, multi-factor authentication (MFA) keys, session tokens, or sensitive investigation data were compromised, and said the attack is unrelated to the recent $6 billion hack suffered by Binance.
According to Bloomberg, US President Trump stated he is monitoring the Binance hack; when asked if it was carried out by North Korean hackers, he said, "We don't know, we are investigating."
Binance is collaborating with the FBI and the U.S. Secret Service to investigate a theft incident involving $6.4 billion. Stablecoin issuer Circle stated it has frozen over $800 million in USDC related to the incident and is cooperating with law enforcement authorities in the investigation. (Decrypt)
According to market news, the U.S. Secret Service stated that investigators are collaborating with private sector partners, including Circle, to identify, freeze, trace, and recover funds stolen from Binance.
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.
According to market sources, the U.S. Federal Bureau of Investigation (FBI) has stated that it is aware of the hack attack on Binance and is currently in communication with relevant partners to understand the scope of the attack and assess its potential impact.
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.
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.
according to informed sources, after hackers stole $6.3 billion, Binance is cooperating with law enforcement agencies from multiple countries around the world, including the U.S. Federal Bureau of Investigation (FBI) and the U.S. Secret Service (USSS). The U.S. Embassy in London said it had no comment, and the U.S. Secret Service has not yet responded to a request for comment. (Reuters)
Binance has released an investigation update stating that preliminary findings suggest this security incident may have involved a compromised laptop, with follow-up investigations uncovering additional points of intrusion. Binance said this was a sophisticated attack, is currently coordinating with law enforcement, and continues to gather facts, with more information to be shared directly in due course. Binance will use the SAFU fund and company funds to cover all losses and stated that user funds are safe.Binance still expects to resume withdrawal services within 45 hours, and deposits are unaffected. After withdrawals were previously suspended, fund outflows have stopped. Binance is working with partners to freeze affected assets, and approximately $3 billion has been frozen so far, with further updates to be provided through official channels.
Binance stated that this was a complex attack and is currently collaborating with law enforcement authorities to handle the incident while still verifying the facts. Binance indicated that it will utilize the SAFU fund and the company's own funds to bear all losses, ensuring user funds are safe and deposits remain unaffected. Following the suspension of withdrawal services, capital outflows have stopped, and withdrawals are expected to resume in approximately 45 hours. Binance is working with partners to freeze affected assets, with around $3 billion already frozen.
Odaily reports: Cryptocurrency market liquidations exceeded $1.54 billion on Friday morning, with an attack on Binance triggering a market-wide sell-off. Long positions accounted for approximately $1.29 billion in liquidations, representing over 80% of the total. Binance stated that attackers stole approximately $6.3 billion, with the investigation pointing to a compromised laptop belonging to a DevOps engineer.Bitcoin briefly dropped to $76,320, with related liquidations approaching $500 million; Ethereum long liquidations exceeded $300 million. Bitcoin subsequently rebounded to $78,400 but remains down 2% over the past 24 hours and 5% below its price at the start of the month.Binance said partners have frozen approximately $3 billion of the stolen funds, and the company will draw on its Secure Asset Fund for Users (SAFU) and corporate reserves to cover remaining customer losses. Deposits and withdrawals remain suspended, and Binance has revoked authorizations for affected addresses while contacting law enforcement and blockchain intelligence partners to trace the funds. On-chain analyst ZachXBT linked the attack to the North Korea-affiliated threat group Tradertraitor. (Bitcoin.com News)