Crypto industry reporting and market news.
Recent Web3 statements
Binance 24H Net Outflows Fall to $3.29B From Earlier $7B Peak According to DeFiLlama, Binance recorded about $3.29 billion in net outflows over the past 24 hours, down more than 50% from an earlier intraday peak of roughly $7 billion. DeFiLlama currently tracks about $127.78 bill
Read statement & evidence →Read statement & evidence →Brazil's Largest Crypto Exchange Mercado Bitcoin Confirms Cyberattack; Hypernative Estimates Over $40M in Suspected Losses @MercadoBitcoin, Brazil's largest cryptocurrency exchange, confirmed on November 2 that one of its systems had suffered a cyberattack. The exchange said the
Read statement & evidence →BitMine Adds 8,573 ETH, Holdings Reach 6.06M ETH BitMine said it acquired 8,573 ETH over the past week, bringing total holdings to 6,060,506 ETH, or about 4.9% of Ethereum’s supply. The company has 5,227,037 ETH staked, while total crypto, cash, marketable securities and other in
Read statement & evidence →Strategy Buys 811 BTC for $65.5M, Repurchases $208.2M in Preferred Stock According to an SEC Form 8-K filed on November 2, Strategy purchased 811 BTC for approximately $65.5 million between October 26 and November 1, at an average price of $80,846 per BTC. As of November 1, the c
Read statement & evidence →ZachXBT: EU-Based Entity Suspected of Losing Over $106M in Crypto Theft On-chain investigator ZachXBT reported on November 2 that an EU-based entity is suspected of losing more than $106 million from multiple centralized exchange accounts on November 1. The suspected attacker wit
Read statement & evidence →Elliptic: Binance Hacker Uses CoinJoin for First Time as 44% of Stolen Funds Are Frozen Elliptic said laundering of the roughly $6.43 billion stolen from Binance has involved 11 blockchains, around 12,000 wallets and more than 40,000 transactions. About $2.85 billion, or 44%, has
Read statement & evidence →QCP: Bitcoin Holds $76K Support as Binance Sees $3.64B Net Outflows QCP said Bitcoin fell to $76,141 last Friday after breaking below $80,000, but the $76,000–$76,600 range held for a fourth time. Binance has reopened withdrawals across 15 networks following the exploit, with net
Read statement & evidence →Binance User USDT Holdings Fall 7.95% in Latest Proof of Reserves Binance’s latest proof-of-reserves snapshot, dated October 31, shows user BTC holdings increased by 3,614 BTC, or 0.52%, to 692,187 BTC. User ETH holdings decreased by 144,217 ETH, or 3.80%, to 3,654,919 ETH; USDT
Read statement & evidence →Bitcoin Spot ETFs Saw $203 Million Net Outflows Last Week, Ethereum Spot ETFs Saw $432 Million Net Outflows In the trading week from October 26 to October 30 (ET), Bitcoin spot ETFs recorded net outflows of $203 million, with Fidelity’s FBTC leading at $166 million in net outflow
Read statement & evidence →Binance Attacker Moved About $242 Million via Tron Within Two Days; Over $3 Billion in Stolen Assets Remain Largely Untouched According to on-chain analyst SomaXBT, about two days after the Binance attack, the attacker transferred approximately $242 million through Tron-related p
Read statement & evidence →Issuer Objections to OKXICE Tokenized Stocks Expand to 50 Companies The number of companies objecting to the tokenization of their shares on OKXICE TSV, a joint venture between OKX and NYSE parent ICE, has risen to 50, with Nvidia, Micron, Nike, Costco and Reddit among the latest
Read statement & evidence →China’s Communist Party Calls for Crackdown on Corruption Using Crypto and Blockchain China’s Communist Party called for resolutely combating corruption committed via the internet, virtual currency, cross-border capital and blockchain, according to a resolution adopted at the Fif
Read statement & evidence →Trump: If North Korea Is Involved in the Binance Hack, the U.S. Will Engage With Pyongyang On October 31, Donald Trump @realDonaldTrump spoke to reporters at a Halloween party at Mar-a-Lago. Asked about information held by the FBI regarding possible links between North Korea and
Read statement & evidence →OneKey Founder: Some Older iPhones Have Unpatchable Chip Vulnerabilities, Posing Risks to Seed Phrase Storage OneKey founder Yishi warned that factory-resetting an older iPhone, enabling airplane mode, and using it to store crypto wallet seed phrases offline may still be unsafe.
Read statement & evidence →Binance to Resume Withdrawals in Phases From 06:00 to 09:00 UTC Today, With 95% of Affected Assets Replenished Binance announced plans to gradually resume the first phase of withdrawals between 06:00 and 09:00 UTC on November 1, covering 15 networks including BTC, ETH, BSC, and S
Read statement & evidence →North Korean Hackers Moved $38M Through Relay Protocol in 7 Hours On-chain analyst Specter reported that North Korean hackers transferred approximately $38 million through Relay Protocol within seven hours, with transfers still ongoing at the time of the post. Despite Relay's cla
Read statement & evidence →U.S. Spot Ethereum ETFs Hit Record 23-Day Net Outflow Streak Since Launch On-chain analytics firm Glassnode reported that U.S. spot Ethereum ETFs have recorded 23 consecutive trading days of net outflows, marking their longest streak since launch. Glassnode said the sustained wit
Read statement & evidence →FBI Attributes Over $6B Binance Hack to North Korea, Urges THORNode Operators and Other Crypto Service Providers to Block Money Laundering-Linked Transactions The FBI attributed the theft of more than $6 billion in crypto assets from Binance to North Korean hackers, identifying t
Read statement & evidence →Chainalysis: Ethereum Reorg Triggers THORChain Emergency Pause, Delaying Laundering of Binance Hack Funds Blockchain analytics firm Chainalysis said an Ethereum chain reorganization on the morning of October 31 (EDT) caused THORChain to mistakenly issue a double refund to a user
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