News linked to both this project and an event.
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.
Odaily reports: Blockchain analytics firm Elliptic has stated that there is currently no evidence indicating that the North Korean hackers involved in the $6.4 billion Binance theft used artificial intelligence (AI) to launder the stolen funds. Tom Robinson, co-founder and chief scientist at Elliptic, noted that the hackers used approximately 20 automated software services within less than three days to move funds through decentralized exchanges, lending protocols, and cross-chain bridges, but the operations were more consistent with traditional scripts written and supervised by humans rather than AI agents capable of autonomous decision-making.Elliptic stated that the hackers repeatedly performed the same operations after failed transactions, repeatedly used the same amounts for transfers, and would first test new pathways with small transfers before moving large sums—all behaviors more consistent with the execution patterns of pre-programmed scripts. Although the hackers used six cross-chain bridges for the first time within 100 minutes on October 30, existing evidence cannot determine whether these services were selected by humans or AI systems.Currently, the hackers still control approximately $3.28 billion in stolen funds spread across more than 950 wallets, while another approximately $2.85 billion—44% of the total stolen funds—has been frozen or recovered. The U.S. Federal Bureau of Investigation (FBI) has previously confirmed that the theft was carried out by the North Korean TraderTraitor hacking group. (CoinDesk)
Odaily Report: Bitcoin has fallen back to around $77,900. After Binance resumed withdrawals in phases on Sunday, it processed a total of $4.65 billion in withdrawals and $1.01 billion in deposits, with a net outflow of $3.64 billion. Binance stated that it has now covered approximately 95% of the $6.3 billion in stolen funds. The U.S. Federal Bureau of Investigation (FBI) has officially attributed the theft to North Korea's TraderTraitor group.In addition, U.S. spot Bitcoin ETFs saw a net outflow of $643 million on Friday, the largest single-day net outflow since June, erasing the previous four consecutive days of inflows.On the derivatives side, cryptocurrency futures trading volume rose 56% over 24 hours to $111.8 billion, but total open interest remained essentially flat at $137.1 billion, indicating increased market trading activity but limited new position building. During the same period, liquidation amounts increased 77% to $140.2 million. BTC futures open interest was essentially flat, and ETH futures open interest also changed little; the three BTC options with the highest trading volume on Deribit over the past 24 hours were all put options. (CoinDesk)
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)