News linked to both this project and an event.
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.
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。
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 Report: Crypto market traders expect the U.S. midterm elections to trigger short-term volatility but are unlikely to cause sustained turbulence. The implied volatility (IV) term structure for Bitcoin options shows that options expiring on November 4 have an IV of approximately 43.5%, notably higher than the roughly 36% level for contracts expiring afterward, indicating that the market is pricing in volatility from early voting results and media projections following election day. Ethereum options show a similar pattern, with the IV curve expected to decline to around 36% in late November.Meanwhile, Bitcoin and Ethereum futures open interest remained largely stable over the past 24 hours, at approximately $58 billion and $23.58 billion respectively, suggesting traders prefer hedging existing positions through options rather than adding new futures bets. Laevitas noted that demand for downside protection may dissipate quickly after the election event concludes, and the bump in the IV curve may disappear accordingly.In the market, Bitcoin and Ethereum are currently above $78,000 and $2,290 respectively, having rebounded from lows following last Friday's attack on Binance. Alex Thorn, Head of Research at Galaxy, noted that Bitcoin has closed above its 50-week moving average for the seventh consecutive week, demonstrating strong resilience. However, U.S. spot Bitcoin ETFs saw net outflows of approximately $643 million last Friday, the largest single-day net outflow since June, which remains worth monitoring. (CoinDesk)
Odaily Report: CryptoQuant analyst Axel Adler Jr. posted that October, known as "Uptober," has closed lower for the second consecutive year. Bitcoin fell 7.2% in October this year, compared with a 3.8% decline over the same period last year. Bitcoin had previously risen 25% and 6.4% in August and September, respectively, but the market failed to sustain the rebound, and seasonal upside expectations were once again disappointed.Adler noted that the theft of assets from Binance's hot wallet on October 29 cast a shadow over the month's market. The incident caused losses of approximately $6.3 billion, and Binance said it would absorb the losses through the SAFU fund and the company's own capital. He believes that assessing the impact of the incident requires attention not only to the amount stolen but also to its impact on market participants' confidence and liquidity.However, Adler believes that the current market reaction remains relatively restrained. Despite the large-scale theft, Bitcoin is still holding near its annual moving average. By comparison, after the FTX collapse in November 2022, Bitcoin fell 23% within a week.
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)
Elliptic found that stolen funds from Binance have entered Bitcoin mixer transactions for the first time, involving approximately 28 BTC, with associated addresses still holding assets worth approximately $3.24 billion.
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.
Odaily reports: According to Coinglass monitoring, Binance's Bitcoin wallet balance has declined for four consecutive days, reaching approximately 652,300 BTC today. On October 30, when Binance suffered a hack, its Bitcoin wallet balance was approximately 675,500 BTC, a decrease of about 23,200 BTC. Additionally, possibly due to Binance reopening withdrawals, data shows that Binance's Bitcoin wallet balance decreased by approximately 15,894.17 BTC over the past 24 hours.
According to CoinPost, U.S. Nasdaq-listed company Next Technology Holding (NXTT) announced on Oct. 30 that its board of directors has unanimously approved the sale or pledge of approximately 5,833 BTC to mitigate position risk and enhance liquidity. The specific volume and timing of the sales remain undetermined, and the move does not constitute a full liquidation. The resolution authorizes the CEO to dispose of the assets in tranches through channels such as direct exchange sales, block over-the-counter trades, and BTC-backed lending.
According to BeInCrypto, Bitwise Chief Investment Officer Matt Hougan stated that if a $6.3 billion hack of the same scale occurred ten years ago, it would have been enough to bankrupt Binance. However, today this is a traditional cybersecurity incident, not a vulnerability in the Bitcoin blockchain itself, and will not change Bitcoin's long-term trajectory.
Odaily reports: Fu Sheng, Chairman and CEO of Cheetah Mobile, posted comments on the Binance hack, stating that the massive theft of assets from Binance does not mean Binance's security construction is inadequate, but rather reflects the fragility of traditional security strategies in the AI era. Fu Sheng believes that Bitcoin's algorithm is indeed unsolvable under traditional mathematical theory, but under the broader logic based on human habits, the problem will converge significantly.In response, Binance co-founder Yi He said: "Fire prevention measures from the candle era cannot save fires in the electric light era. Everyone is crossing the river by feeling the stones—it's just that the cost is a bit high."
Galaxy's head of research posted on X that Bitcoin closed above the 50-week moving average for the 7th consecutive week, despite the world's largest cryptocurrency exchange suffering a hack exceeding $6 billion. He noted that BTC has shown resilience and maintained its current technical market structure.
: According to Threshold Network, tBTC minting and redemptions have been temporarily paused, but the asset is still fully backed and no funds have been lost. The bridge wallet holds approximately 4,320 BTC, while tBTC in circulation is about 4,185, and no unauthorized minting or Bitcoin transfers have been detected. Regarding the recently disclosed Linux kernel vulnerability CVE-2026-98432, which could allow attackers to execute code remotely on unpatched servers, all tBTC node operators have completed server patching or temporarily shut down their nodes while awaiting a fix. The team has not found evidence that the vulnerability was used to attack tBTC nodes. In addition, one node operator reported today a separate security incident affecting its overall infrastructure, unrelated to the kernel vulnerability, which resulted in about 0.5 ETH being transferred out of the Ethereum account used by its tBTC node to pay transaction fees. At the time, the node was already offline, and the operator also found no evidence that signing key material had been accessed. Threshold Network said Bitcoin transactions in the tBTC wallet require signatures from a majority of independent operators, and a single operator cannot move funds alone. The bridge will reopen after security maintenance is completed and nodes resume operation on patched systems. The team will publish its next update within 24 hours, or earlier if circumstances change.
According to monitoring by Bitcoin News, BTCPay Server has stated that it has received reports of attackers transferring funds from hot wallets. The team is investigating this security incident and urges operators running instances to immediately shut down their instances using ./btcpay-down.sh. The cause of the attack and the scope of impact remain unclear.
Odaily News: According to Lookonchain monitoring, the Binance hacker (AffzFDKZ...GigBEaU) is converting the stolen 970,500 SOL (worth $95.9 million) into BTC. In the past hour, the hacker transferred 487,000 SOL (worth $46.4 million) and is currently using Relay Protocol to convert SOL into BTC.
Odaily reports: According to an official announcement from Binance, Binance has resumed withdrawals in phases, with the first batch being the Bitcoin network.Previously, Binance published a security incident recovery progress announcement stating that it planned to restore the first phase of 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. Additionally, Binance stated 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.
Binance co-founder CZ stated that U.S. law enforcement agencies provided crucial assistance, including tracking and freezing assets, during the Binance hack, and believes this has helped mitigate Bitcoin's decline.