Crypto education, market commentary and industry reporting.
Recent Web3 statements
JUST IN: 🇺🇸 The SEC keeps moving on crypto without Congress, adding 3 new answers on who controls a crypto network. Under the new guidance: 1. Token holders voting on a network generally don’t count as a “central party,” unless they’re affiliated or agree to act together. 2. A
Read statement & evidence →🚨NEW: Over $106 MILLION reportedly drained from an EU entity’s accounts across multiple crypto exchanges, according to ZachXBT. The suspected attacker withdrew USDC and USDT, then swapped funds into ETH, routed them through instant exchanges, converted to Monero and bridged acro
Read statement & evidence →🚨 UPDATE: Binance hacker begins mixing of stolen funds, moving 28 BTC through CoinJoin, per Elliptic. Funds have passed through roughly 12,000 wallets across 11 chains in over 40,000 transactions. Around $3.24 BILLION still remains in theft-linked addresses, mostly ETH and BTC,
Read statement & evidence →🚨BREAKING: Brazil’s largest crypto exchange Mercado Bitcoin confirms a security breach TODAY. Hypernative flagged over $40 MILLION in suspicious transfers across roughly 10 blockchains. The exchange suspended deposits and withdrawals while investigating. It says customer data an
Read statement & evidence →Read statement & evidence →🚨UPDATE: Binance processes $6.145 BILLION in net outflows as withdrawal pressure eases. According to DefiLlama’s 24-hour snapshot: - Net outflows exceeded the tracked assets of Gate, Bitget, Gemini, Bitstamp or MEXC individually. - Binance still holds $128.87 BILLION in tracked
Read statement & evidence →INSIGHT: Bitcoin’s last THREE cycle bottoms came shortly after the U.S. midterm elections. 2014 → 71 days later 2018 → 39 days later 2022 → 13 days later The next U.S. midterm election is TOMORROW, November 3rd. If the pattern repeats, late 2026 to early 2027 could be a window to
Read statement & evidence →🔥LATEST: OKX CEO Star Xu urges crypto exchanges to strengthen defences against AI-powered security threats as firms review security this week, per FT. He calls for real-time incident alerts, coordinated tracking of suspicious funds and faster responses to potential attacks.
Read statement & evidence →BIG: Bybit has secured a VARA licence for spot trading in Dubai through Bybit Fintech FZE. The approval strengthens its presence in the emirate, where it established its international headquarters in 2022. Bybit also hopes to expand into derivatives, subject to further regulatory
Read statement & evidence →🔥TODAY: Binance recorded $3,640,000,000 in net outflows between 06:00 and 15:30 UTC. Withdrawals reached $4.65 BILLION, while deposits totaled $1.01 BILLION. The net outflow represents 2.1% of the exchange’s $171 BILLION in AUM, based on its latest available Proof of Reserves da
Read statement & evidence →🚨JUST IN: Three major crypto super Political Action Committee (PACs) have spent nearly $170 million on the U.S. midterms, with their biggest bets favoring Republicans, CoinDesk reports. 1. Fairshake spent $154 million. Coinbase donated $25 million to its midterm efforts in 2025.
Read statement & evidence →🇨🇳 HUGE: China's Communist Party officially vows a tougher crackdown on corruption using crypto and blockchain. In a Central Committee decision adopted on October 29 and released today, the party pledged to combat graft carried out through virtual currencies, blockchain and cro
Read statement & evidence →⚠️ALERT: Core DAO's $CORE plunges 12% to an all time low after an attacker drains 97 MILLION tokens. That's 99.8% below its 2023 peak of $6.14, and down over 22% this week alone. The attacker drained the CORE, worth $1.47 MILLION, from Bitcoin staking protocol b14g on October 31.
Read statement & evidence →⚠️ALARMING: Using an OLD iPhone as a cold wallet may not be as safe as you think, OneKey founder Yishi Wang warns. Following several public iPhone jailbreak demos over the past two weeks, he highlighted a risk for crypto holders. Wiping the device and enabling airplane mode does
Read statement & evidence →🔥Top crypto firms on HIGH ALERT Exchanges and stablecoin issuers are STEPPING UP their response after the FBI blamed North Korea-linked $6.3B Binance heist. - Coinbase: Tightened cold storage controls as a precaution to protect customer assets. - Kraken: Is reviewing its securit
Read statement & evidence →⚡️JUST OUT: Binance announced to RESUME withdrawals in phases TODAY, starting between 06:00 and 09:00 UTC. Access will reopen progressively as each asset and network completes security checks. Temporary delays are expected. "PHASE ONE" covers 15 networks, including Bitcoin, Ether
Read statement & evidence →🚨North Korea is now blamed for more than 3 of EVERY 4 dollars hacked in crypto. Here's its share of all crypto stolen in hacks each year: 2020: 7% 2021: under 10% 2022: 22% 2023: 37% 2024: 39% 2025: 63% 2026: 85% (so far) In total, its hackers have stolen $12.8 BILLION in crypto
Read statement & evidence →🚨BREAKING: FBI officially confirms North Korea was behind the $6.3 BILLION attack on Binance. The FBI says North Korea was responsible for stealing more than $6 BILLION in crypto from Binance on or around October 29. It blames the same hacking group it calls TraderTraitor, which
Read statement & evidence →🚨 NEW: Justin Sun holds more $PEPE than any other individual, Arkham reports. His official and Arkham-predicted wallets collectively hold nearly 3% of PEPE’s supply, worth $51.25 MILLION, following massive inflows over the past 10 days. Two withdrawals from Poloniex alone delive
Read statement & evidence →🇷🇺BREAKING: Russia, which proposed BANNING crypto in 2022, is opening Bitcoin to ALL investors from December 1. The Moscow Exchange plans to launch Bitcoin, Ethereum and USDT trading on December 1, from 7am to midnight Moscow time, per Izvestia. Russia's central bank pushed for
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