Tether made $1.5B in Q3 net operating profit and $4.5B year-to-date, while its excess reserves nearly doubled to $7.95B against $183.5B in issued USDT — Tether
The FBI and US Secret Service are reportedly working with Binance on its $6.4B hack, and the FBI confirmed it is coordinating with partners to assess the attack's scope — Reuters
Binance will take a fresh Proof of Reserves snapshot within 12 hours, with results due Monday, November 2, and now targets phased withdrawal resumption in about 34 hours — Binance
StepDrainer frontend attacks spread from Flap and Kintsu to 10 more DeFi sites including Pickle Finance, Origami and Fluxbeam, with Kintsu urging users who signed since 00:00 UTC to revoke approvals — Binance Square
Iron Fish is shutting down after an attacker exploited a Merkle tree inflation bug that enabled double-spending on the a16z-backed privacy chain, which raised $33M in 2021 — Iron Fish on X
Recall Network is shutting down its AI agent evaluation protocol, saying it is no longer commercially viable due to limited adoption and costs, after raising about $42M led by Multicoin and USV — Recall Network on X
Domain registrar Name.com appears to be compromised, as the DeFi sites hit by the StepDrainer frontend attack all share it despite using different DNS providers — banteg on X
Binance is in talks to obtain a Malaysian license, aiming to return five years after the country's Securities Commission forced it to shut local operations in 2021 — Bloomberg
NYSE owner ICE partnered with Trade[XYZ] to operate US-regulated versions of its Hyperliquid-based RWA perpetual futures markets, subject to regulatory approvals — ICE on X
Chainalysis says a hacker using offensive agentic AI techniques broke into its systems and internal tools this month, accessing customer names, emails, user IDs and role labels but not credentials or investigation data — The Block
Binance says it has now replenished 90% of the assets stolen in the hack, up from 80%, from the $6.34B in company funds set aside, and published a new Proof of Reserves snapshot — Binance
The rogue code behind the Binance hack gave attackers access to exchange-owned blockchain accounts and let them keep emptying them while Binance's own funds kept refilling the wallets — Bloomberg
Traders are already placing leveraged bets on Anthropic's upcoming IPO through crypto-based pre-IPO contracts, letting them speculate on the AI lab's valuation before it lists — CoinDesk
Binance moved 7,499 BTC (~$580M) out of its SAFU emergency fund to help cover the $6.3B hack, and pledges to rebuild the fund to about $1B afterwards — The Defiant