Tether holds about 150,000 BTC and exceeds 730 million users, Ardoino says
Paolo Ardoino said Tether owns about 150,000 BTC and serves more than 730 million users worldwide. Ardoino said Tether adds approximately 30 million wallets each quarter. Tether's Q3 reserve attestation puts direct U.S. Treasury bond holdings at approximately $122.8 billion and excess reserves at $7.95 billion. Ardoino also presented plans for open-source infrastructure through Tether's Independence Stack strategy.
Akash Network plans blockchain migration to Solana within 24 months
Akash Network announced governance approval for a plan to move its blockchain infrastructure to Solana within 24 months, backed by approximately 97% of voting token holders. Akash said the migration will replace the network's Cosmos-based chain, rather than move only the token. Existing AKT holders will be able to exchange AKT for SPL AKT at a 1:1 ratio using a dedicated portal.
Tom Lee sees Ethereum's roughly 4% fall after Binance hack as bullish
BitMine chairman Tom Lee views Ethereum's roughly 4% decline after Binance's $6.3 billion hack as evidence that crypto is in a bull market. Lee contrasted the reaction with Ethereum's 20% loss within a week of the Bybit breach, although the Binance comparison covers only the days since October 29. Binance said by November 2 that the exchange had replaced approximately 95% of affected assets through company funding sources. BitMine bought another 8,573 ETH during the latest reporting week, bringing holdings to 6,060,506 tokens as of November 1. However, Ethereum prices in BitMine's releases show an approximately 17% decline between October 4 and November 1.
North Korea denies role in Binance theft of more than $6 billion, criticizes FBI
North Korea on Tuesday rejected involvement in the Binance cryptocurrency theft, which Binance said exceeded $6 billion. The FBI attributed the attack to North Korean hackers from the TraderTraitor group. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, dismissed the FBI announcement as "a trite provocation" and accused Washington of hostility. President Donald Trump later suggested investigators had not yet established whether North Korea was responsible, although Trump said investigators could still reach that conclusion.
North Korea denies responsibility for $6.3 billion Binance hack
North Korea rejected allegations that North Korea carried out the record $6.3 billion (£4.7 billion) hack of cryptocurrency exchange Binance. The FBI, the Secret Service and cyber analysts have attributed the attack to North Korea and described the hack as history's largest. Senior official Kim Yo-jong said on Tuesday that the accusations were another US attempt to harm North Korea's reputation. The FBI has urged industry partners to help stop transactions involving cryptocurrency accounts associated with the hacking group blamed for the attack.
Synthetix governance moved 428,000 SNX, valued at approximately $76,000, from the attacker's wallet to the Synthetix Protocol DAO address. The tokens had been stolen during the Mercado Bitcoin hack.
North Korea denies role in Binance hack and condemns FBI attribution
North Korea on Tuesday rejected responsibility for the Binance cryptocurrency theft and condemned the FBI's attribution of the attack to North Korean hackers. Binance said Friday that hackers took more than $6 billion in an apparent record cryptocurrency theft. The FBI attributed the attack to the TraderTraitor hacking group. Kim Yo Jong, the influential sister of North Korean leader Kim Jong Un, described the FBI announcement as "a trite provocation". U.S. President Donald Trump later suggested that investigators had not yet established North Korea's involvement, while allowing that investigators could still reach that conclusion.
Binance warns of withdrawal scams during recovery from $6.3 billion breach
Binance warned customers about potential withdrawal-related scams while recovering from a security breach that stole approximately $6.3 billion in cryptocurrencies. Binance said company resources had replaced approximately 95% of affected assets, but withdrawals remain restricted during a phased reopening. Another reopening phase is scheduled for Nov. 3, with additional assets and networks not yet identified. Binance also announced a completed zero-knowledge proof covering ten major cryptocurrencies, but the verification does not establish Binance's current financial position or overall solvency.
NEAR governance approves phased cut in maximum annual issuance rate to 1.6%
NEAR Protocol announced that House of Stake, NEAR's on-chain governance body, approved lowering the maximum annual issuance rate from 2.5% to 1.6% over 24 months. Implementation requires review and approval by the House of Stake Security Committee, followed by an approximately 90-day grace period. Validators will then implement the change through a protocol upgrade.
Wintermute sees Bitcoin support at $76,800 as short-term weakness persists
Wintermute's latest market report identifies approximately $76,800 as Bitcoin's next support level amid continued short-term market weakness. The report puts Bitcoin around $78,000 after Bitcoin fell below $80,000. Wintermute says leveraged perpetual contracts supplied most buying after the decline, without support from spot purchases or new capital. The report attributes last week's market direction mainly to the Binance hack rather than Federal Reserve developments and PCE data.
Serenity says Marvell's Lumentum deal aids strategy but constrains LITE pricing
Serenity said Marvell's acquisition of Lumentum would benefit Marvell's long-term strategy. However, Serenity said exchanging each LITE share for 4.5 MRVL shares would restrict independent price discovery for LITE. Serenity said Lumentum shareholders face uncertainty for more than a year before closing and suggested a fixed dollar valuation floor might serve shareholders better. MSX.COM data showed Lumentum fell 18.59% at the U.S. stock market close. Marvell fell 12.72%, according to MSX.COM.
Citi plans to launch institutional Bitcoin custody this year
Citi announced that institutional clients will receive Bitcoin custody services through Custody+ this year. Matthew Sigel's tally places Citi sixth among 29 globally systemically important banks to launch or announce institutional Bitcoin custody. Sigel also said Citi Wealth published a report recommending spot BTC and ETH ETFs for suitable clients seeking digital asset allocations through regulated brokerage accounts.
North Korea denies US accusations over $6 billion Binance cryptocurrency theft
North Korea on Tuesday rejected US accusations linking North Korea to a $6 billion cryptocurrency theft from Binance, according to state news agency KCNA. The FBI said at the weekend that North Korea was responsible for stealing more than $6 billion in virtual assets. Kim Yo Jong accused Washington of trying to depict North Korea as a cybercriminal state and warned that US hostility could affect future diplomatic engagement. North Korea has not publicly answered President Donald Trump's offers to restart summit diplomacy. Binance said company funds had covered most of the stolen assets.
Lisk announces chain shutdown and shift to enterprise financial platform
Lisk announced in an official blog post that Lisk Chain ceased operations on November 2, 2026. Lisk said the company will become a modern financial platform serving enterprises. LSK will remain Lisk's loyalty token on Ethereum. Approximately 5.2 million LSK left in the staking rewards contract will be burned after the shutdown.
North Korea denied US accusations that North Korea was responsible for a $6.3 billion cryptocurrency theft from Binance. The FBI had blamed North Korea for the largest cryptocurrency theft ever recorded.
Leaks suggest Claude Fable 5.5 and GPT-6.2 Astra could launch soon
Users on X say Anthropic is testing unreleased Claude models, while leaks suggest OpenAI could soon release GPT-6.2 Astra. Neither company has confirmed the rumored models. A Mythos 5.5 label appeared in Anthropic's website code on November 1, and a subsequently removed LiteLLM entry listed claude-fable-5-5. A screenshot of Codex usage showed gpt-6.2-astra accounting for 19.8% of one account's usage. Anthropic's IPO roadshow cannot begin before November 10 under SEC disclosure rules.
Tether freezes over $4.5 million in USDT linked to Mercado Bitcoin breach
Tether has frozen more than $4.5 million in USDT connected to a security breach at crypto exchange Mercado Bitcoin in Brazil. Arkham Intelligence identified approximately $46 million in cryptocurrency in wallets attributed to the attacker. On-chain analyst Specter reported that coordinated interventions had immobilized more than $9 million across nine digital assets. Mercado Bitcoin suspended deposits and withdrawals but said customers incurred no financial losses and personal information remained secure. The exchange provided no timetable for reopening and has not disclosed the attack's financial extent.
Industry leaders at Hong Kong's Fintech Week are seeking ways to combat crypto crime after a US$6.43 billion Binance hack. More than US$3 billion in stolen assets remain with alleged North Korean hackers. Binance said the attackers likely used an engineer's compromised laptop to make unauthorised withdrawals. Customers withdrew US$3.64 billion when Binance reopened on Sunday. Fireblocks executive Tim Way said AI's ability to accelerate the discovery and exploitation of vulnerabilities makes multilayered security and risk management essential.