News linked to both this project and an event.
Odaily report: A wallet suspected to be associated with the Binance hack incident received tens of thousands of ETH through a Uniswap contract and borrowed 19,762 ETH on Aave using approximately $60 million in USDT as collateral. On-chain records do not show any vulnerabilities in Uniswap or Aave.As of 22:07 UTC, the two wallets held approximately 253,000 ETH, worth about $570 million, with no outgoing transfers recorded. Aave has paused the Ethereum mainnet V3 market, and Kamino has also paused borrowing in the SOL/BTC market; Ripple has frozen approximately $200 million in RLUSD, and more than $2 billion in USDT and USDC has been frozen by stablecoin issuers. (Decrypt)
Odaily Report: According to monitoring by Bitcoin News, on-chain analysis shows that after attackers exploited a malicious EIP-7702 authorization to take control of a Binance wallet, the wallet's key remained usable. Binance reportedly used the signing key to execute transactions through the compromised wallet, recovering $823 million in USDC. The attackers reportedly obtained 50 valid authorizations signed by the wallet's key, one of which successfully activated malicious code and moved 65 types of assets. Even after Tether and Circle blacklisted the attackers' addresses, the asset transfers reportedly continued; a $200 million USDT deposit was moved out just 100 seconds after it arrived.
According to Whale Alert, within approximately 40 minutes of the suspected Binance hack, around $2.37 billion in USDT and USDC was frozen; addresses tagged as "Binance Hack 2026" additionally transferred out approximately 7.019 million UNI.
Odaily reports: On-chain monitoring shows that the total assets flowing out of Binance-labeled wallets amounted to approximately $5.643 billion. The breakdown includes: $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and $38 million combined across Arbitrum, Optimism, and Base networks. The tally excludes change outputs and avoids double-counting subsequent transfers and swaps. Tether and USDC issuer Circle have frozen at least $2.316 billion in stablecoins, including approximately $1.493 billion in USDT and $823 million in USDC.
According to Whale Alert, at 04:23 Beijing Time, approximately 613 million USDT (around $612 million) were transferred from Binance to an unknown wallet.
According to Whale Alert, at 01:28 Beijing Time, 500 million USDT (worth approximately $500 million) was transferred from Tether Treasury to Binance.
Odaily reports: Bitcoin rose about 0.8% since midnight (UTC) on Monday to $81,400, after briefly falling below $80,000. Ethereum gained 0.9%, Asian chip stocks led a tech rebound, South Korea's KOSPI rose 6.6%, SK Hynix climbed about 11% on roughly 7x year-over-year profit growth, and Nasdaq 100 futures rose 0.5%.The Federal Reserve is about to announce its rate decision, and the CME FedWatch tool shows the market sees about a 92% probability of rates being held steady. Traders will focus on Fed Chair Kevin Warsh's press conference to gauge whether there is any possibility of a rate hike ahead. U.S. spot Bitcoin ETFs saw net inflows of $176 million on Tuesday, marking a second consecutive trading day of inflows.On the derivatives side, crypto futures trading volume rose 7.5% over the past 24 hours to $163.2 billion, open interest increased only 1.3%, and liquidations rose 38% to $183.6 million. Bitcoin rose 2.3% while open interest actually fell 0.1%; Ethereum rose 2.7% with open interest up 1.7%, indicating the price rebound has not yet been accompanied by large-scale new leverage. ZEC open interest grew 14%, higher than its 6.3% price gain over the same period, making it one of the large crypto assets with the most obvious new position building.In the options market, Deribit data shows that Bitcoin's one-week put/call skew has dropped from nearly 10% a week ago to less than 1%, indicating that demand for short-term downside protection has weakened somewhat, though the one-month, three-month and six-month tenors remain clearly skewed toward puts. Meanwhile, gold futures open interest fell 10%, while open interest for Tether's gold token XAUT rose 11.6%, showing divergent capital flows. (CoinDesk)
Binance announced that it will list five bStocks tokenized securities trading pairs—APPB/USDT, BSPB/USDT, GEVB/USDT, SKDDB/USDT, and SKUUB/USDT—on October 28 at 20:00 (UTC+8), and will simultaneously enable spot algorithmic trading bots. Withdrawals for the related assets will open at 21:00 on the same day.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a Kanye-associated address (0xdeA...a1d5c) withdrew 4,000 ETH from Binance 7 hours ago, deposited them into Aave as collateral, and then borrowed 6 million USDT again. Currently, this address has a total of 22,504.52 ETH in collateral, has borrowed $31.02 million, with a health rate of 1.41, and an average ETH long entry price of $2,503.86. The 16,549.9 ETH withdrawn from Binance since September 29 is currently at an unrealized loss of $2.477 million.
Whale Alert detected two transfers of approximately 142 million and 140 million USDT, respectively, from unknown wallets to Bitfinex.
According to blockchain analytics platform Arkham (@arkham), two wallets associated with Justin Sun received PEPE in two transactions from Poloniex on October 17 and 26: 7.2 trillion tokens (approximately $28.44 million) on October 17, and 4.65 trillion tokens (approximately $20.32 million) on October 26, totaling approximately $48.76 million. These tokens were allegedly originally purchased from Binance, subsequently routed through Poloniex and HTX before flowing back into Poloniex, and ultimately transferred to Justin Sun's wallets. During the same period, between October 15 and 25, Justin Sun deposited $77 million worth of stablecoins to Poloniex in six transactions, including $60 million in USDT and $17 million in USDC. These funds were previously redeemed from Spark/AAVE and Sky, respectively. Prior to October 17, Justin Sun held only about $267,000 worth of PEPE (68 billion tokens). The current combined value of the two wallets' holdings is approximately $51.01 million, up by over $2 million since receipt, accounting for roughly 2.82% of PEPE's total supply and representing 2.2% of his $2.29 billion on-chain wealth.
Odaily News: On October 26, WEEX Exchange announced the launch of its Halloween Invite Friends Celebration. Users can sign up and invite friends to register on WEEX. When the invited friend completes the campaign tasks of a net deposit ≥100 U and trading volume ≥10,000 U, the inviter will receive 1 gacha opportunity, with each inviter eligible for a maximum of 3 opportunities. Gacha rewards include: 50g of gold, PS5 Pro, Nintendo Switch 2, SPCX position airdrops, WXT token airdrops, USDT bonuses, and more. Campaign period: 10/26 18:00 - 11/16 17:59 (UTC+8).
CoinDCX has issued an announcement stating that it detected anomalous system activity on October 21, and subsequent investigation confirmed that the anomalous activity affected legacy wallet infrastructure that had been deprecated following the July 2025 security incident. CoinDCX stated that due to a malfunction in the automated fund sweeping service that lasted for a period of time, some user deposits mistakenly sent to old addresses were not transferred in a timely manner, ultimately resulting in a loss of 15.99 million USDT, with the related losses borne by the company.CoinDCX emphasized that existing wallets and trading systems were unaffected, user funds remain securely held in isolated cold wallets, and trading, deposit, and withdrawal services all continue to operate normally.
Chinese national Zheng Zhao has been extradited from the Netherlands to the United States and appeared before a court in the Central District of California on October 23. He is alleged to have participated in an investment fraud and money laundering scheme involving 174 U.S. victims and more than $36.9 million in illicit funds. The U.S. Department of Justice (DOJ) said the fraudulent operations were run by scam centers in Cambodia.Prosecutors allege that more than $36.9 million was transferred through accounts controlled by accomplices into an account at Bahamas-based Deltec Bank, then converted into the stablecoin USDT and sent to digital asset wallets in Cambodia. Eight other co-defendants have already pleaded guilty; Zheng Zhao faces a money laundering conspiracy charge and, if convicted, could be sentenced to up to 20 years in prison. (Bitcoin.com News)
Aave has executed an adjustment to the USDT borrowing interest rate parameters in the Ethereum Core market at block height 26,241,799, lowering the rate kink from 94% utilization to 92%, so that borrowing costs rise earlier when liquidity in the pool tightens. The new parameters are: optimal utilization 92%, base rate 0, slope 1 at 4.5%, slope 2 at 10%; the kink rate is 4.5% APR, and at 100% utilization it is 14.5% APR. At 94% utilization, the old curve's borrowing rate is 4.5% APR, while the new curve's is 7% APR, 2.5 percentage points higher. LlamaRisk recommended the adjustment on October 20; based on a supply of 2.8922 billion USDT, 92% utilization leaves about 57.84 million USDT more in unborrowed buffer than 94%. This buffer does not represent actual cash, and withdrawals still depend on available unborrowed liquidity. A snapshot on October 23 showed that actual cash in the pool was about 391.4 million USDT, the variable borrowing APR was about 4.23%, and the supply liquidity APR was 3.29%.
According to court documents, the fraud syndicate contacted victims through social media, phone calls, and online dating platforms, using fake cryptocurrency trading websites to lure them into investing. Funds were subsequently transferred through U.S. shell companies, international bank accounts, and digital asset wallets. Over $36.9 million in victim funds were routed to an account at Deltec Bank in the Bahamas, converted into USDT, and transferred to cryptocurrency wallets in Cambodia, before ultimately reaching the operators of local scam compounds.
SlowMist released a security alert warning that the NEM token contract suffered an attack, causing losses of approximately $821,920. The root cause stems from NemTokenV2 recording tokens transferred into the liquidity pool (LP) in the sell volume without verifying swap settlement. Exploiting this vulnerability, the attacker repeatedly executed transfers, called skim() to clear the incoming tokens, and called flushLpSellRecycle() a total of 42 times, depleting the pool's original reserves and suppressing the NEM reserve balance. The attacker then sold the remaining NEM at the inflated price to extract USDT.
According to official announcements, HTX has launched its Futures Copy Trading Challenge series. From now until 23:59 (UTC+8) on November 15, users can register for designated lead or copy trading challenges and unlock corresponding rewards upon meeting the requirements. Statistics are tracked and reset weekly, with traders and copiers eligible for up to 200 USDT in rewards each week.
According to the official announcement, Binance Futures will automatically liquidate the PTB/USDT and MITO/USDT USDT-margined perpetual contracts at 17:00 (UTC+8) on October 23. Following the liquidation, the aforementioned trading pairs will be officially delisted. The platform ceased accepting new non-reducing orders for these contracts at 17:30 on October 21. To mitigate the risks of extreme market volatility and declining liquidity, the risk fund will not participate in forced liquidations during the final hour before contract settlement. Investors holding relevant positions are advised to voluntarily close their positions before trading halts to avoid potential liquidation risks.
According to reports from Huiport, the Hong Kong Police announced on their social media account "Guardian of the Internet" that they received over 50 investment fraud cases in the past week, involving losses exceeding HK$30 million. In one instance, a retired woman in her sixties met a man claiming to want to rent a room through a property trading platform. He posed as an "investment expert" and persuaded her to invest in cryptocurrency. Following his instructions, the victim purchased Tether (USDT) at physical cryptocurrency exchange shops on 20 separate occasions and transferred the funds to a designated e-wallet specified by the scammer to buy Ethereum (ETH). After initially succeeding in withdrawing part of her funds, the victim continued to invest larger amounts. However, when attempting to withdraw funds again later, the scammer demanded payment of USDT worth approximately HK$7 million as a "tax." It was only then that the victim realized she had been scammed, ultimately suffering losses exceeding HK$4.5 million.