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Binance Hack Exposed Three ‘Entirely Avoidable’ Flaws, Says Coinex Founder

Coinex founder Haipo Yang says the $6.3 billion Binance hack came down to three avoidable errors that needed discipline, not advanced technology, to prevent. Industry Veterans Weigh-In The founder of rival exchange Coinex weighed in on the largest theft in crypto history, stating the Binance breach

#crypto #bitcoin #blockchain

🍳 COOKING BNB — Daily Digest · Nov 04 · 13:00 UTC · 22:00 KST
3 hours of crypto, markets & AI. Curated with care. 🥘

🔥 THE CENTERPIECE
Bitcoin rebounds from midterm dip as DeFi leads gains
🍽 Read at CoinDesk · echoed by 1 more outlet

₿ CRYPTO

🟠 ZachXBT names French bank Crédit Mutuel Arkéa as suspected victim of $133 million crypto theft — CoinDesk +1
🟠 THORChain's RUNE jumps 10% as North Korean hackers resume laundering Binance loot — CoinDesk
🟠 Riot Reports $181.4M in Q3 Revenue, Has Sold 20,264 Bitcoin Year-to-Date — PANews
🟠 USDC Issuer Circle Quietly Cuts 5% of Staff in Profitable Quarter — Decrypt

🇰🇷 KOREA KITCHEN

🇰🇷 Sweden's Riksbank raises key rate to 2.00%, effective from 11th — TokenPost
🇰🇷 Democrats eye defense budget cuts as Trump's foreign policy shifts — Bloomingbit
🇰🇷 Russia's largest exchange launches direct Bitcoin trading from December — Blockmedia
🇰🇷 Court orders Bitcoin wallet laptop returned to killer's family — TokenPost

📈 MACRO

🌐 AI data center stocks and Musk's SpaceX decline as Texas governor result raises risks of a slowdown — CNBC
🌐 Stock Bulls Are Glad This Election Is Finally Over — Bloomberg🔒
🌐 Mortgage rates drop for the third straight week, but homebuyers are still leaving the market — CNBC

🤖 AI

🧠 Google hasn’t figured out how to make AI pay like its search engine — The Verge AI

🥡 Freshly cooked. Served hot.
…

Ripple’s RLUSD Adds Nearly $1B in 90 Days as Tether’s USDT Loses $5B

Ripple's RLUSD stablecoin has crossed $2.5 billion in supply after adding about $972 million in 90 days, the biggest gain among major dollar tokens while USDT and USDC shrank. Growing Quietly Ripple USD (RLUSD), the dollar-pegged stablecoin issued by Ripple, has silently become the fastest-growing m

#crypto #bitcoin #blockchain

Binance’s $570M SAFU Bitcoin Just Moved Again to a Mystery Wallet

The 7,500 BTC that Binance pulled from its emergency user fund to cover its $6.3 billion hack has moved again, this time to an unlabeled, high-volume address. A Silent Move That Could Unnerve Investors Binance's Secure Asset Fund for Users (SAFU), the reserve the exchange set up to protect customers

#crypto #bitcoin #blockchain

Grayscale Reveals a Silver Lining in Binance’s $6 Billion Hack

Grayscale said Binance's $6 billion hack could lead to stronger exchange security despite a potential setback for market confidence. The asset manager also highlighted institutional custody through U.S. crypto investment products as a central lesson for investors. Grayscale Sees Security Gains After

#crypto #bitcoin #blockchain

Hyeperliquid’s Top Two Traders Are Betting $1B on Crypto Falling

The two most profitable traders on Hyperliquid this month hold more than $1 billion in combined short positions. The larger account is short 22 assets at once and is still adding. Short Everything Seems to Be the New Mantra Crypto trackers flagged a position showing the largest whale on Hyperliquid

#crypto #bitcoin #blockchain

Bitcoin’s Volatility Calendar: What Dates Matter, and What Are Myths

As bitcoin traders brace for one scheduled event after another, the data suggests there is less to worry about unless you trade one-minute BTC charts. Volatility spikes right after an announcement, lasts about an hour in most cases, and then subsides, with the price usually hovering near where it st

#crypto #bitcoin #blockchain

Michael Saylor Sees Stronger Crypto Security After Binance’s $6.3 Billion Hack

Michael Saylor expects the crypto industry to strengthen security after Binance's $6.3 billion hack. The Strategy executive chairman also backed the exchange's commitment to use its own balance sheet to make customers whole. Saylor Sees Lessons From Binance Security Failures Strategy Inc. (Nasdaq: M

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🚨 LATEST MARKET UPDATE | $XRP Why Ripple’s $16 trillion payment volume isn’t boosting XRP ━━━━━━━━━━━━━━━━━━━━━
📌 KEY HIGHLIGHTS (TL;DR):
• Buying XRP doesn’t give you shares in Ripple, although the company’s growing list of new ventures and financial partners makes it easy to assume their fortunes should move together. Ripple can earn a lot of money from those relationships without passing a dollar to token holders, who have no claim on its profits. XRP did… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
• Institutional flow and liquidity patterns are actively reacting to this news.
• Traders should closely watch key support and resistance zones for $XRP . 📊 MARKET IMPLICATIONS:
As volatility expands across the broader digital asset space, $XRP continues to be a central focal point for market momentum. Monitor order-book depth and funding rates for confirmation before entering high-leverage positions. 💬 COMMUNITY PULSE:
How do you see this impacting the market this week? Are you Bullish 🟢 or Bearish 🔴 on $XRP ? Let us know in the comments below! 👇 ━━━━━━━━━━━━━━━━━━━━━
$XRP #BinanceSquare #CryptoNews

Binance Hackers Deploy ‘Never-Seen-Before’ Crypto Laundering Tactics

Chainalysis identified previously unseen laundering patterns as attackers circulated stolen Binance assets through thousands of transactions, suggesting automated efforts to obscure the trail. Its investigation also linked the theft to North Korean hackers. Thousands of Transfers Point to Automated

#crypto #bitcoin #blockchain

Binance Hacker Dumps $158M in Alts as Sleuths Question Exchange’s Key Story

The Binance hacker sold about $158 million in altcoins for 70,480 ETH, while analysts challenged the exchange's claim that no private keys were leaked. Seven Tokens Gone in Hours The thief behind the Binance breach wasted little time turning stolen altcoins into ether. Onchain trackers reported the

#crypto #bitcoin #blockchain

Binance Hack Has Logan Paul Calling Crypto ‘a Scam’ Despite Cryptozoo Past

Logan Paul called crypto "a scam" following the $6.3 billion Binance hack, and critics were quick to point to his own Cryptozoo project. "I Don't Trust Crypto" Youtuber and boxer Logan Paul has a new take on digital assets because, in a recent podcast appearance, when his longtime collaborator Mike

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Ripple and Trump’s World Liberty Help Freeze Binance Hacker’s Loot

Ripple froze about $200 million and World Liberty Financial froze $27 million in USD1 tied to the Binance hack, joining Tether, Circle and Coinbase in a rare industry-wide lockdown. Ripple Steps in Binance's ongoing crisis has turned into an unusual show of cooperation amongst some of the biggest na

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**Chart Check: Where QNT Stands Right Now**

Something's brewing in QNT. Let's look at what changed and what it means for positioning.

WHAT HAPPENED
QNT crypto’s price now down 50.5% from September’s high , Should you buy now?. Source: AMBCrypto (ambcrypto.com).

ANALYST TAKE
The numbers: $193.54, 0.76% in 24h. My read, this catalyst is worth watching, but only a confirmed hold above the range high turns it from "news" into "trend".

WHY IT MATTERS
Catalysts don't move markets, repositioning does. The question is whether this news forces anyone to change their book.

MARKET REACTION
Price: $193.54 (QNT/USDT) | 24h: 0.76%

WHAT TRADERS SHOULD WATCH
• The next scheduled catalyst on the calendar (macro data, unlocks, announcements).
• BTC correlation: is this asset-specific strength or just beta?
• Order-book depth around the level, spoofed walls vs. real absorption.
• Exchange netflows: coins moving in (supply) or out (demand).

TECHNICAL VIEW
Bullish scenario: acceptance above the recent range high opens continuation toward the next supply zone. Bearish scenario: rejection and loss of the range low exposes the next demand zone. Invalidation: a thesis flip requires a confirmed reclaim/loss with volume, not a wick. Reference: $193.54 at publication.

RISK
Not financial advice. Crypto is volatile, never risk more than you can afford to lose, and always define your invalidation before entry. mixed bias reflects current structure, not a guarantee.

CONCLUSION
QNT has a tradable catalyst on the table; execution belongs to those who wait for confirmation at levels, not headlines.

DISCUSSION
What would confirmation look like for you here, a close, volume, or something else?

$QNT

Binance Hack Pinned on North Korea’s Lazarus Group by TRM Labs and ZachXBT

Several blockchain investigators say North Korea's Tradertraitor (a sub-unit of the larger Lazarus/DPRK ecosystem) likely carried out the roughly $6.3 billion Binance hack, the largest crypto theft on record to date. Investigators Point to Pyongyang The hunt for the Binance attacker has a prime susp

#crypto #bitcoin #blockchain

**$NEAR Exploit Shakes Market, Key Supports in Focus**

A major exploit just hit the market, $NEAR price is reacting. Here is what matters.

WHAT HAPPENED
Trump’s crypto firm joins Tether, Circle, and Ripple in $2.6 billion stablecoin freeze as Binance hack outflows near $6 billion. Source: CryptoSlate (cryptoslate.com).

MARKET REACTION
Price: $4.06 (NEAR/USDT) | 24h: -13.93%

WHY IT MATTERS
The market prices exploits in two waves: the initial fear dump, then the rational reassessment once the damage is quantified. Most traders only survive the first wave emotionally.

ANALYST TAKE
Zooming out: single catalysts rarely reverse trends alone. What they do is create volatility, and volatility is opportunity only for those with a plan and an invalidation level.

WHAT TRADERS SHOULD WATCH
• Volatility regime: expanding ranges reward momentum, compressing ranges punish it.
• On-chain activity: are users actually showing up, or is this pure speculation?
• Derivatives positioning, a crowded long is fuel for a long squeeze.
• Whether volume confirms the move, thin-volume breaks fail often.

TECHNICAL VIEW
Bullish scenario: acceptance above the recent range high opens continuation toward the next supply zone. Bearish scenario: rejection and loss of the range low exposes the next demand zone. Invalidation: a thesis flip requires a confirmed reclaim/loss with volume, not a wick. Reference: $4.06 at publication.

RISK
This is analysis, not financial advice. Position sizing and invalidation levels matter more than direction. DYOR. mixed bias reflects current structure, not a guarantee.

CONCLUSION
NEAR has a tradable catalyst on the table; execution belongs to those who wait for confirmation at levels, not headlines.

DISCUSSION
Would you buy stabilization after an exploit, or wait until the damage is fully quantified?

$NEAR

📰 Why Did Tim Draper Suddenly Say the Dollar Is Doomed? Bitcoin Is the “Only Rational Choice”

Silicon Valley’s legendary investor Tim Draper has made another bold statement: companies that don’t hold Bitcoin are “irresponsible.” He also predicted that U.S. companies may eventually settle transactions directly in Bitcoin instead of dollars—giving another boost to the narrative that Bitcoin is the new gold. With BTC hovering around $95.13k, the veteran investor is now saying, “Buying Bitcoin is buying the future”? Can the market believe him?

Why does this news matter?
Draper’s remarks aren’t coming out of nowhere. They’re underpinned by several deeper factors:
1. His faith in Bitcoin stems from a long-term bullish outlook: Draper has called Bitcoin “digital gold” since 2017. His latest view—that Bitcoin could replace the dollar—is an extension of that idea.
2. Procyclical capital flows offer confirmation: Since June, the U.S. Dollar Index has risen 9.7%, while Bitcoin has fallen 3.3%. This macro-level divergence suggests some investors may be positioning early for the currency-substitution trend.
3. Conflicting Fed policy signals: Quantitative tightening is happening alongside expectations of rate cuts. This uncertainty in monetary policy is giving crypto more room to capture investors’ imagination.

Market impact
- Short-term sentiment catalyst: Below $95.13k, BTC has a key support level that has held since June. If it holds, Draper’s remarks could trigger a technical rebound.
- A signal for institutional allocations: He previously predicted Bitcoin would reach $250k, but this time his remarks point more specifically to Bitcoin’s role as a currency—potentially positive for Bitcoin ETFs.
- Historical precedent: In 2013, when Ray Dalio called gold the “worst asset,” gold went on to rise 50%.

💡 BTC needs to hold above $95.13k, the lower boundary of last week’s gap, for this thesis to hold. If it falls below that level, the claim that “Bitcoin is the only alternative to the dollar” will have to be questioned. That said, why are all the crypto heavyweights so aggressively bullish right now, while the market has fallen for five straight days? What does this mean?

[Thesis invalidation condition] If the Fed unexpectedly raises rates by 75 basis points, this bullish thesis is invalidated.

This article is not sponsored by any project. The author does not hold any of the assets mentioned.

⚠️ This is not investment advice. Predictions are for reference only.

#TimDraperCallsNotOwningBitcoin‘Irresponsible,’WarnsofDollarShift

$BTC #CelebrityRemarks

ICE Targets America’s Retail Traders With a Hyperliquid Alliance

The company behind the New York Stock Exchange (NYSE) is taking a piece of Hyperliquid's $650 billion trading phenomenon into America's regulated markets. ICE's new partnership with Trade[XYZ] aims to bring around-the-clock perpetual futures to U.S. traders for the first time. ICE and Trade[XYZ] Pla

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Ripple’s RLUSD Wins Historic Moody’s Rating After US Bank Approval

Ripple says Ripple USD (RLUSD) has become the first stablecoin to receive an investment-grade rating from Moody’s, a day after the company won final approval for a national trust bank. The issuer targets 103% reserve coverage, while bankruptcy risks remain a qualification in the assessment. RLUSD Re

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She Trained to Be a Ballerina in Brazil. At 30, She’s the World’s Youngest Self-Made Female Billionaire

Luana Lopes Lara, the co-founder and COO of prediction-market platform Kalshi, now has a reported net worth of $2.6 billion after the company’s Series F round valued it at $22 billion. Lara grew up in Brazil training as a competitive ballerina before pivoting to computer science and finance, and she

#crypto #bitcoin #blockchain