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Stories from the past month. Subscribers see every story as it happens, and the full history.

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  1. Hacking News

    Binance Completes New Proof of Reserves as Hack Recovery Reaches 95%

    Binance, the cryptocurrency exchange, has completed a fresh Proof of Reserves verification as it continues recovering from a significant security breach. The latest snapshot allows eligible users to independently confirm that Binance backs their holdings at least 1:1. The exchange has replenished approximately 95% of the stolen assets using its own funds, but it is sourcing the remaining tokens, which have lower market liquidity. The November 2 recovery update confirmed that BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC hold full backing. Binance completed its zero-knowledge proof using an October 31 reserves snapshot. Users can verify their balances through Binance’s Proof of Reserves website, which combines Merkle Trees and zk-SNARK technology without exposing individual account balances. Meanwhile, Binance continues addressing the remaining recovery challenges following the $6 billion exploit, which was attributed to North Korean hackers targeting internal systems and wallet-signing mechanisms. The exchange expects to progressively restore withdrawals across additional networks and assets starting November 3.

  2. All Time High

    Onchain Tokenized Equities Reach Record High

    Onchain tokenized equities supply has reached a record $3.8 billion, marking a 590% increase in the past year. This growth is also reflected in the fact that 70% of tokenized asset trading now occurs outside traditional market hours.

  3. Update

    Morgan Stanley Downgrades Coinbase to Underweight

    Morgan Stanley has downgraded Coinbase to Underweight and set a $120 price target. The downgrade is based on weaker trading activity and slowing earnings growth, with concerns raised about the impact of the Binance hack on centralized crypto exchanges. Morgan Stanley lowered its 2027 revenue estimate by 28% and its 2028 forecast by 18%. Coinbase reported $1.22 billion in third-quarter revenue, with transaction revenue down 44% from a year earlier. The bank's $120 target leaves room for another 16.4% decline.

  4. Update

    Eclair Updates to Improve Lightning Network Security

    Bitcoin Lightning developer ACINQ has released Eclair version 0.14.6, which requires confirmed peer inputs for splices by default. This update improves recovery mechanisms when channels close with pending funding, addressing security weaknesses that malicious peers could exploit. ACINQ recommends upgrading to prevent potential manipulation of channel funding, which could lead to compromised pending payments.

  5. Update

    12 New Firms Object to OKXICE Tokenized Stocks Plan

    Nvidia, Costco, Nike, and Reddit are among 12 additional companies that have objected to having their shares tokenized on OKXICE’s proposed trading platform. Over half of the objectors trade on the Nasdaq, and approximately $25 trillion in total market cap is represented by the 50 objections. The latest additions bring the total to 50 companies without formal objections, representing roughly 79% of the original targets.

  6. New Web Product

    StealthEX Instant Cryptocurrency Exchange Launched

    StealthEX, an instant cryptocurrency exchange, has launched. With 2,000+ transactions per second (TPS), sub-2-second finality, and EVM compatibility, StealthEX aims to make on-chain finance faster and more efficient. The platform is free from registration and does not store user funds on the platform, ensuring non-custodial swaps and data privacy and security.

  7. New Web Product

    SqueekChain Launches with Hamster as Block Producer

    SqueekChain, a blockchain project running on Ethereum, uses a hamster as its block producer. Blocks are created every 10 minutes, with $SQK tokens awarded to NFT holders. The project has a planned collection of 9,999 NFTs, with 8,888 for the community. The hamster is currently farming the project, and the early access angle is to build for mint whitelist or explore the badge portal for whitelist access. The project is still on the testnet.

  8. Update

    Nvidia and Others Object to OKXICE TSV

    Nvidia, Costco, Nike, and nine other companies have objected to trading of their shares on the planned OKXICE TSV tokenized stock venue. The total number of objecting issuers has now reached 50, up from 38 in the previous notice. The list includes hardware peers such as AMD, Intel, and Broadcom, as well as cybersecurity heavyweights like CrowdStrike and Palo Alto Networks. The addition of Bitcoin miner IREN, which operates in the crypto industry, brings the total to 50 companies. The venue must notify companies before offering tokenized shares, and if a company objects in writing within 30 days, the venue cannot make that stock available for trading.

  9. Hacking News

    Bitcoin Faces Challenges Post-Binance Hack

    Bitcoin is trading at around $78,000, facing challenges from institutional demand weakness and significant ETF outflows following the $6.3 billion Binance hack. ETF outflows for Bitcoin and Ethereum reached $202.59 million and $431.53 million respectively, with Bitcoin experiencing its largest one-day outflow since June. Concerns remain over the movement of stolen funds from the Binance hack, which could create localized pressure on the market, while exchange withdrawals have resulted in a net outflow of approximately $3.64 billion.

  10. Price Prediction

    HYPE Token Expected to Rally Further

    Hyperliquid's HYPE token has rallied 30.66% since a previous entry zone. The token is approaching its previous all-time high, with revenue sources expanding. Core trading fees now account for around 64% of September revenue, up from over 90% in mid-2025. The article suggests that the token's price structure and revenue data indicate a bullish market outlook, but does not provide proof of future direction.

  11. Hacking News

    Tether Freezes Binance Hack Funds

    Tether, the largest company in the digital asset industry, froze over $1.5 billion in USD₮ from a Binance hack within 30 minutes. The funds were kept out of North Korea's reach, which the FBI has identified as responsible for the attack. Tether CEO Paolo Ardoino stated that the quick response was built into their operations to protect users and the digital asset ecosystem.

  12. Update

    XRP Ledger Targets Nov. 4 Fix for Unauthorized Token Minting

    XRP Ledger aims to activate a fix for a token-minting flaw affecting delegated burn permissions by Nov. 4, with support from 33 out of 35 tracked validators. The news is related to the XRP ecosystem and updates on the XRP Ledger platform.

  13. News

    US Manufacturing PMI Rises to 55.5 in October

    US manufacturing activity strengthened in October, with the Institute for Supply Management (ISM) reporting a Manufacturing PMI of 55.5. This reading exceeded September's 54.5 and economists' forecast of 54.5. Factory production reached its highest level since late 2021, and employment remained in expansion territory at 52.4. However, rising input costs and supplier delays continued to threaten the country's inflation outlook.

  14. Hacking News

    AI-Powered Malware Targets Crypto Wallets

    A newly discovered Windows malware called VOLTA-AUTODOXER uses artificial intelligence to analyze stolen information and identify victims with valuable financial assets. The malware steals sensitive information from infected computers and sends it to AI models for analysis. Researchers found that the malware collects different types of personal information from infected Windows computers and sends it to AI models through a service called OpenRouter. The AI then produces two assessments, helping hackers quickly identify victims who could offer the biggest financial rewards, especially for crypto users who could access wallet recovery phrases or see saved passwords.

  15. News

    North Korean Group Steals $6.43B from Binance

    FBI attributes a $6.43 billion crypto theft across 11 blockchains, mainly Ethereum and Bitcoin, to North Korean hacker group TraderTraitor; $2.85 billion frozen by major stablecoin issuers.

  16. News

    Strategy Purchases 811 BTC for $65 Million

    Investment firm Strategy bought 811 Bitcoin, spending over $65 million, ending its buying hiatus, while Bitmine continues its Ethereum accumulation toward a 5 % target.

  17. News

    Crypto PACs Spend Over $200 Million on 2026 Midterms

    Crypto‑backed political action committees have pledged more than $206 million to influence the 2026 U.S. midterm elections, aiming to elect industry‑friendly lawmakers; contributions include $25 million from Coinbase Global and nearly $55 million targeting Ohio Senate races.

  18. News

    Bitwise Sets Bitcoin Fair Value at $197,000

    Bitwise Head of European Research André Dragosch estimates Bitcoin's fair value at $197,000, citing a gap with global money supply, a weaker dollar, improved liquidity and capital shifts from gold and AI stocks as catalysts, while noting tighter financial conditions could delay a rally.

  19. News

    Binance’s post‑hack repair faces outflows, SAFU depletion, and moving funds

    DefiLlama recorded over $7 billion net outflows from Binance in 24 hours while OKX saw $445 million inflows; Binance replaced about 95% of stolen assets and is drawing on its Secure Asset Fund for Users (SAFU) and futures insurance, with SAFU holding roughly 7,500 BTC (~$583 million). The FBI linked the theft to North Korea’s TraderTraitor group; attackers still control about $3.28 billion across 950 wallets. …

  20. News

    China’s crypto divide: Hong Kong expands settlement, Beijing targets corruption

    Standard Chartered launched tokenized corporate deposits in Hong Kong and plans regulated stablecoins for government debt trials; HKMA upgraded EnsembleTX for 24/7 settlement with 12 banks; HSBC’s RedCoin stablecoin reached 50,000 users; China’s Communist Party issued a directive to crack down on corruption involving virtual currencies and blockchain.

  21. New Coin Listing

    Securitize Launches 13 New Tokenized Stocks on Solana

    Securitize has launched trading for 13 new tokenized stocks on the Solana blockchain. The added stocks include Flex $FLEX, Salesforce $CRM, Lumentum $LITE, GameStop $GME, Exxon Mobil $XOM, Merck & Co. $MRK, Lockheed Martin $LMT, Arista Networks $ANET, Texas Instruments $TXN, Johnson & Johnson $JNJ, Seagate Technology $STX, and Uber Technologies $UBER, and The Walt Disney Company $DIS.

  22. Hacking News

    Over $106M in Crypto Stolen From EU Entity

    A suspected theft of over $106 million from an unnamed EU entity was flagged by blockchain investigator ZachXBT. Funds were withdrawn in USDC and USDT before being converted to ETH and XMR. Brazilian crypto exchange Mercado Bitcoin reported over $40 million in suspicious outflows, confirming a security incident but assuring customers that no data breach occurred. The crypto industry is facing multiple security incidents, including a significant hack of $6.3 billion from Binance and unauthorized access to hot wallets on older versions of BTCPay Server.

  23. Hacking News

    THORChain Halts Swaps

    THORChain, a decentralized exchange, halts swaps on 10 networks due to a bug triggered by an Ethereum reorg, resulting in a 10 ETH refund. The incident highlights a security vulnerability in the system.

  24. Company Update

    Tracked Binance wallets record $2.5 billion outflows as withdrawals reopen after hack

    Binance restored withdrawals on 15 networks after a $6.3 billion breach, with tracked wallets showing $2.51 billion net outflows on November 1. The exchange says it has replenished about 95% of affected assets, though less‑liquid tokens remain unreplenished, leaving recovery of stolen funds uncertain. Threshold’s tBTC remains fully backed but Bitcoin redemptions stay suspended, forcing holders to use secondary markets.

  25. Hacking News

    Mercado Bitcoin Suspends Withdrawals After Security Breach

    Mercado Bitcoin, a Brazilian cryptocurrency exchange, suspended deposits and withdrawals on November 2 after detecting a security incident affecting one of its systems. The exchange has not disclosed how the attacker gained access, but Tether has frozen $4.5 million in USDT connected to the incident. The exchange is investigating the incident and cooperating with authorities, but has not identified any customer losses or data breach.