News linked to both this project and an event.
Binance has published a security incident recovery progress announcement, stating that it plans to resume phase one withdrawal services between 14:00 and 17:00 (UTC+8) on November 1.The first batch supports networks and assets including BTC, ETH, BNB, TRX, SOL, XRP, ZEC, DOGE, TON, POL, AVAX, ARB, BASE, OP, and SUI. In addition, Binance noted that there may be brief delays initially due to traffic, and other networks and assets will be opened successively once ready; deposit services remain open.
He Yi responded to reports that Binance was hacked, noting that relevant teams are on 24-hour duty. Colleagues identified the anomaly first and had already begun addressing it. She subsequently learned about the situation via X and joined the response.
Binance has once again updated the progress of the hacking incident, stating that it has now covered $6 billion of the losses caused by the hack. Previously, Binance said it had completed the backfilling of approximately 90% of affected assets, a further increase from the previously disclosed 80%; BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have all achieved 100% full reserve backing.
Odaily — In response to the FBI's call for THORNode operators, RPC node operators, and DeFi platforms to block transactions related to the Binance attacker, THORChain co-founder Chad Barraford responded on X that the information held by THORNode operators does not exceed the scope of public information, and that this information is all available in real time, so law enforcement agencies can obtain the relevant information without a subpoena.
According to blockchain analytics firm Chainalysis, THORChain triggered an emergency pause mechanism due to anomalous refund issues stemming from an Ethereum block reorg (Reorg), inadvertently delaying the process of North Korean hackers laundering stolen funds from Binance through the protocol.
Trump responded to the Binance hack by stating that if it is confirmed that North Korea was responsible, the United States will communicate with the North Korean side regarding the matter.
The FBI attributed the theft of over $6 billion from Binance to North Korea and called on crypto service providers to block the involved addresses and their derivative transactions.
Whale Alert detected that an address linked to Binance's stolen funds transferred out approximately 158 million TRX, worth around $49.08 million.
Strive CEO Matt Cole believes that the Binance hack has not changed the long-term investment logic for Bitcoin. The market may still need six to nine months to gradually recover, and it is currently too early to determine whether prices have bottomed out.
Binance stated that approximately 90% of the affected assets have been replenished and released a new proof of reserves snapshot, planning to resume withdrawals on November 1.
Cosine noted that Lido's 7-day average APR over the past two days rose from 2.2% to 4.2%, attributing the increase to additional execution layer rewards driven by on-chain competition following the Binance hack.
AI is accelerating the cyberattack process, with researchers noting that attackers have already used autonomous tools to automate phishing, vulnerability research, and credential theft. Binance stated that its October 30 incident is estimated to have caused a $6.3 billion impact; the Bitget incident in September involved approximately $387.5 million transferred to attacker-controlled addresses. Neither company has publicly attributed the incidents to AI.Google's threat intelligence unit said attackers are shifting from simple AI prompts to agentic attack workflows. In a 2026 case disclosed by Google, attackers used AI agents to carry out large-scale credential theft in under 6 hours, resulting in the leakage of thousands of third-party credentials; Anthropic has also observed attackers running AI agents in parallel to conduct reconnaissance, vulnerability exploitation, and theft.This summer, a partial seed randomness flaw in COLDCARD-generated seeds was linked to the theft of 1,367 bitcoins across more than 4,500 addresses, worth close to $116 million at the time. Keystone disclosed that an October website incident leaked personal information related to 25,964 buyer records; FBI records show that from January to November 2025, reported losses from account takeovers exceeded $262 million. (Bitcoin.com News)
Chainalysis disclosed that Binance hackers transferred stablecoin redemption rights via lending protocol deposit receipts on the Tron blockchain, and demonstrated this path with a $500,000 fund flow.
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.
Cryptocurrency exchange Binance said it will publish the results of its proof of reserves on November 2. Binance stated on October 30 that it has recovered approximately 80% of the stolen assets and is still processing the remainder; the proof-of-reserves snapshot is planned to be taken after the buyback is completed. Some users on Platform X have questioned that taking a snapshot after the buyback cannot reflect the previous asset shortfall, and the related insider-job claims currently have no solid evidence to support them.Blockchain intelligence firm TRM Labs attributed the theft to the North Korean hacker group Tradertraitor and said it has high confidence in this judgment. TRM Labs stated that the attackers may have controlled Binance's hot wallet signing system, and the funds were transferred out via ten blockchains in about 20 minutes; Elliptic said that a North Korea-linked group may be involved, but no government or law enforcement agency has yet confirmed the attribution.Binance said it has discovered other points of intrusion and that there is no evidence that wallet private keys were leaked; co-CEO Richard Teng stated that only Binance's own hot wallet was compromised and that customer funds were unaffected. Binance said withdrawals are expected to resume in stages within about 34 hours, after which it will publish the reserves report and a full technical post-mortem. (Bitcoin.com News)
According to Arkham monitoring, approximately 20 minutes ago, an address tagged as the Binance hacker transferred 120 million TRX tokens, worth about $38.54 million, and these tokens were subsequently transferred again to multiple addresses.
Axel Adler Jr.'s chart shows that the cost basis for Bitcoin short-term holders is approximately $75,900. He noted that the market's reaction to the Binance hack so far has been relatively restrained.
Odaily Report: CZ posted on X in response to discussions about SPCX stock, stating that he never said he wanted to sell SPCX shares. He previously mentioned holding the stock because a related post comparing Binance with FTX might have led outsiders to mistakenly believe that Binance lacks funds; what he actually meant to express was that Binance holds other assets in addition to crypto assets.CZ also stated that the scale of the relevant assets held by Binance is merely a drop in the ocean for the other party and could not possibly pose a threat, and said that SPCX will remain a high-quality stock worth holding long-term for a very long time to come. He also called on outsiders not to frame the matter as confrontation and said there is no need to deliberately create division.Earlier reports said that CZ, in a post replying to Musk's comment on Binance being hacked, stated: "I respect you very much, but now is not the time for jokes. Our SPCX stock (from our $500 million investment in your acquisition of Twitter) is now worth more than a billion dollars. I would be very grateful if you could show a little support."
He Yi responded on the X platform to the "inside job" allegations triggered by the Binance hack incident, stating that investing is often about judgment, a game of logic, and the ability to extract effective information by peeling back the layers. Regarding some users' concerns about Binance's solvency, He Yi said this is understandable, but Binance's trading volume, fees, user scale, and quarterly BNB burns are all public information.
Flap posted on X that its official website is currently experiencing a DNS hijacking and has been redirected to an unauthorized website. The team reminds users not to visit the official website, connect wallets, or sign any transactions for the time being, and states that they are working on the issue and will publish an update once the website is confirmed to be safe.