[4,696 BTC transferred from Binance to an unknown new wallet]

Whale Alert reported that 4,696 BTC has been transferred from Binance to an unknown new wallet. The transaction is valued at about $378 million.
https://coinness.com/en/news/1173573

[BTC falls below $80,000]

According to CoinNess market monitoring, BTC has fallen below $80,000. BTC is trading at $79,966.84 on the Binance USDT market.
https://coinness.com/en/news/1173574

[$139 million worth of futures liquidated in the past hour]

Major exchanges have seen $139 million worth of futures liquidated in the past hour. In the past 24 hours, $468 million worth of futures have been liquidated.
https://coinness.com/en/news/1173575

[Nasdaq declines comment on claims it urged listed firms to avoid OKXICE tokenization]

A Nasdaq spokesperson declined to comment on claims that Nasdaq officials advised listed companies not to tokenize shares through OKXICE. According to Eleanor Terrett, host of the podcast 'Crypto In America,' the spokesperson reiterated that Nasdaq does not plan to participate in a trading platform operating under the U.S. SEC's innovation exemption and does not view that platform as the best route for tokenization. Nasdaq added, "Nasdaq remains committed to tokenization and is actively building that future through Nasdaq Equity Token, an issuer-centric model that delivers the benefits of tokenization within the existing market structure." A total of 38 companies currently oppose stock-token listings on OKXICE.
https://coinness.com/en/news/1173576

[780,000,000 USDC transferred from Binance to an unknown wallet]

Whale Alert reported that 780,000,000 USDC has been transferred from Binance to an unknown wallet. The transaction is valued at about $780 million.
https://coinness.com/en/news/1173577

[BTC falls below $79,000]

According to CoinNess market monitoring, BTC has fallen below $79,000. BTC is trading at $78,891.76 on the Binance USDT market.
https://coinness.com/en/news/1173578

[$409 million worth of futures liquidated in the past hour]

Major exchanges have seen $409 million worth of futures liquidated in the past hour. In the past 24 hours, $741 million worth of futures have been liquidated.
https://coinness.com/en/news/1173579

[Possible fund theft signs detected from Binance hot wallet]

Signs of a possible fund theft from a Binance hot wallet have been detected, according to the Tree News X account. More than 60 tokens were moved in large amounts from a Binance hot wallet to a specific address, which was previously known to have received funds through Tornado Cash. The transactions occurred about 16 minutes ago.

An estimated $2.77 billion was said to have flowed out across five blockchains, although it has not been confirmed whether the incident was a hack. On-chain analyst Spreek explained that it had not been confirmed whether the transfers were internal movements or a hack, but all funds in an address known as Binance’s 14th hot wallet were moved to a new anonymous address. Spreek added that the transaction that moved the funds originated from an address that had received cryptocurrency through the crypto mixing protocol Tornado Cash (TORN) and then proceeded to the final anonymous destination.
https://coinness.com/en/news/1173580

[$526 million worth of futures liquidated in the past hour]

Major exchanges have seen $526 million worth of futures liquidated in the past hour. In the past 24 hours, $854 million worth of futures have been liquidated.
https://coinness.com/en/news/1173581

[Coinbase CEO Armstrong plans up to $1.3B stock sale]

Coinbase CEO Brian Armstrong plans to sell company stock worth up to $1.31 billion, The Defiant reported.
https://coinness.com/en/news/1173582

[$628 million worth of futures liquidated in the past hour]

Major exchanges have seen $628 million worth of futures liquidated in the past hour. In the past 24 hours, $951 million worth of futures have been liquidated.
https://coinness.com/en/news/1173583

[Ethena says it is aware of a potential Binance-related security incident]

Ethena said on its official X account that it is aware of a potential security incident related to Binance. The company added that all collateral assets with exchange exposure are not held directly on the exchange and are instead safely stored with off-exchange third-party custodians, "Off-Exchange Custodians." Ethena said it will provide further updates through the account as more specific details about the issue become clear.
https://coinness.com/en/news/1173584

[U.S. senators ask Kalshi, Polymarket about safeguards on election betting]

U.S. Senators Elizabeth Warren, a Democrat, and John Curtis, a Republican, asked Kalshi and Polymarket to explain how they are preventing insider trading and market manipulation in election-related betting ahead of next week’s midterm elections, The Block reported. According to the report, the two senators remain skeptical about whether the companies can effectively oversee such election-related contracts through adequate surveillance and meaningful accountability systems.
https://coinness.com/en/news/1173585

[Analyst warns possible Binance hot wallet hack via EIP-7702 wallet sweeping]

Odysseas (@odysseas_eth), founder of Phylax System, said on social media the possible Binance hack may involve abuse of EIP-7702 that can turn a wallet itself into a sweeper, calling the situation serious. Odysseas said 63 tokens, including 167,464 ETH and 1.615 billion USDT, were moved from one Binance-labeled wallet just three minutes and 24 seconds after a signed delegation was installed.

Odysseas explained EIP-7702 allows a standard externally owned account, or EOA, to execute delegated code, and this delegated state remains in place permanently. He said the code can later authorize asset transfers without any additional signature from the wallet owner. According to Odysseas, the delegated contract had an operator address hardcoded into it that was funded by Tornado Cash, and read-only tests showed execution by unrelated callers was rejected. He added the attack path may have been enabled by a compromised private key or a malicious authorization signature signed by the wallet owner, while the route through which those signatures were obtained remains unclear.
https://coinness.com/en/news/1173586

[Tether freezes $971M in USDT tied to suspected Binance hack funds]

Tether, the issuer of the dollar-pegged stablecoin USDT, has frozen 971 million USDT believed to be linked to funds stolen in a Binance hack, according to Tree News. Binance has not yet issued an official statement on the hacking incident.
https://coinness.com/en/news/1173587

[Circle freezes $823M in USDC tied to suspected Binance hack funds]

Circle has frozen $823 million in USDC believed to be linked to funds stolen in the Binance hack, according to Watcher.Guru. Tether had earlier frozen $971 million in USDT tied to funds linked to the Binance hack. Binance has not yet issued an official statement on the hack.
https://coinness.com/en/news/1173588

[Binance founder says hack appears to have occurred, user funds are safe]

Binance founder Changpeng Zhao said on X a short time ago that a hack appears to have occurred at Binance. Zhao also thanked Tether for quickly freezing 971 million USDT and Circle for freezing 823 million USDC, and said user funds are safe.

Zhao added that although Zhao no longer manages Binance, Zhao expects all user funds to be fully reimbursed as a shareholder. Yi He, another Binance co-founder and CEO who is also known as Zhao’s partner, said Binance is aware of reports related to a security issue and has launched an active investigation. At this stage, no impact on user funds has been confirmed, Yi said, adding that all relevant information is being urgently reviewed and updates will be provided once verified information is secured. Yi also warned users to watch for additional scams and not to trust unofficial links or requests for account information. CoinNess previously reported signs that about $2.77 billion was stolen from a Binance hot wallet.
https://coinness.com/en/news/1173589

[Analyst links Binance hot wallet breach to suspected North Korean actors]

Yuga Labs blockchain vice president Quit said on X the Binance hot wallet breach was likely carried out by North Korean actors.

Quit reproduced the phrase "Relayer" and said the key unresolved question was why a relayer had been needed. If the attacker had stolen the private key to a Binance wallet, the assets could have been sent directly through an atomic bundle without going through a relayer, Quit said. Quit added it was therefore reasonable to conclude the attacker did not directly possess the private key and instead had obtained only EIP-7702 authorization signatures, possibly through phishing or similar means. Based on that, Quit said it was reasonable to suspect North Korean actors, including the DPRK and Lazarus. A relayer is an intermediary that gathers transactions on behalf of the signer and submits them to an onchain network while paying the gas fee, or network cost, itself.
https://coinness.com/en/news/1173590

[Binance says it is investigating reported hack, sees no impact on user funds]

Binance said via its official X account that it is aware of reports of a security issue and has launched an active investigation, adding that it has not identified any impact on user funds at this stage.

The exchange also said it is urgently reviewing all relevant information and will provide updates once details are verified. Binance urged users to watch for additional scams and not trust unofficial links or requests for account information.
https://coinness.com/en/news/1173591

[Plume says all vaults unaffected by Binance hot wallet hack]

RWA-focused Ethereum layer-2 network Plume said all Plume vaults were unaffected by the Binance hot wallet hack and that funds remain safe. Plume said vault receipt tokens are non-custodial and are not held on Binance or any other centralized exchange. It added that the funds-safety assurance applies to all Plume vaults, including nOPAL, nFXCF and FACTOR, regardless of whether investments were made through Plume or other integrated front ends.
https://coinness.com/en/news/1173592

[Tether freezes over $1.57B USDT tied to Binance hack]

Tether CEO Paolo Ardoino said on X that Tether has frozen more than 1.567 billion USDT linked to the Binance exchange hack. The amount is larger than the 971 million USDT previously confirmed as frozen.

Binance has acknowledged the hack and said user funds are safe. Multiple communities estimate North Korea was behind the attack and that a total of $2.77 billion was stolen.
https://coinness.com/en/news/1173593