Binance has faced a major security incident. Estimates of the assets moved reach $6.3 billion.
What happened? 👇 1️⃣ The attack begins On October 29, large amounts of cryptocurrency began to be withdrawn from Binance wallets across various networks: BTC, ETH, SOL, TRX, and others.
2️⃣ How did it happen? According to the preliminary theory, hackers gained access to an employee’s laptop and infiltrated Binance’s internal system.
3️⃣ Scale The estimated amount of funds moved is about $6.3 billion. By comparison, the 2025 Bybit hack cost about $1.5 billion.
4️⃣ Were the funds saved? Tether, Circle, Ripple, and other companies joined in blocking the assets. Analysts estimate that about $3 billion has been frozen.
5️⃣ Who is responsible? TRM Labs links the attack to the TraderTraitor group, which is associated with North Korea. There is no definitive confirmation.
6️⃣ Binance’s response • Withdrawals have been temporarily suspended; deposits are working. • Security experts and law enforcement have been brought in. • Binance promises to cover confirmed losses with its own funds and the SAFU fund.
7️⃣ What should you do? Don’t panic, don’t click suspicious links, and follow official news.
18 years ago, an unknown person using the pseudonym Satoshi Nakamoto published a document titled "Bitcoin: A Peer-to-Peer Electronic Cash System," which would later change the way the world thinks about money.
The idea was revolutionary: to transfer money directly between people, without banks, intermediaries, or centralized control (something that seemed impossible at the time).
And then the story began: • January 3, 2009 — The Genesis Block was created. In it, Satoshi included a headline from The Times about yet another bank bailout. • January 12, 2009 — Hal Finney (an American programmer and cryptographer) received the first 10 $BTC from Satoshi. • May 22, 2010 — Laszlo Hanyecz paid 10,000 $BTC for two pizzas. And so Bitcoin Pizza Day was born. • 2011 — Satoshi stepped away from the project, leaving Bitcoin in the hands of the community. In his last email, he wrote: «I've moved on to other things. It's in good hands with Gavin and everyone».
And then came four halvings, global recognition, institutional investors, spot ETFs in the US, and even a Strategic Bitcoin Reserve in the US.
Happy 18th Birthday, Bitcoin! 🎂
One idea. One whitepaper. A whole new financial era.
Today, markets are closely watching the U.S. election, economic signals, and geopolitics. All of this could add volatility to both traditional markets and crypto.
Bitcoin continues to search for direction as investors assess risks and look for new opportunities.
Here’s my take: the market is reacting more and more sharply to every news story and political event. It feels like crypto is increasingly dependent on external factors rather than moving independently. Sometimes it even seems that we’re starting to forget about decentralization.
According to Michael Burry, if President Trump loses both the House of Representatives and the Senate to the Democrats, it could trigger a historic stock market rally.
Historical S&P 500 statistics in similar scenarios (since 1954, this has happened 7 times) show impressive average performance:
• After 1 month: +2.1% (up 6 out of 7 times)
• After 3 months: +10.7% (up 7 out of 7 times)
• After 6 months: +17.5% (up 7 out of 7 times)
• After 1 year: +15.5% (up 7 out of 7 times)
Prediction markets put the odds of this political outcome at 71%. Is the market preparing for history to repeat itself? 🚀
Today, attention is focused on the US: it’s the day of the midterm elections to Congress. Americans will decide who controls the House of Representatives and the Senate, and will also elect governors in a number of states.
This is an important event for the crypto market, too. The results could affect the political balance in Washington, discussions around cryptocurrency regulation, legislative initiatives, and investor sentiment in general.
So today, it’s worth keeping an eye not only on the charts $BTC , but also on political news. Sometimes what happens outside the crypto market can have just as much of an impact on it.
Let’s see what signals this day brings. In the meantime: coffee, a cool head, and no rushed decisions.
After a major security incident, for which the FBI officially held North Korea responsible, Binance began the first stage of restoring withdrawals.
🔹 The Bitcoin network was the first to become available 🔹 ETH, BNB, SOL, XRP, TRX, and other assets will be brought back online gradually after security checks 🔹 Deposits remained available 🔹 Temporary delays are possible due to increased load
Important: Binance says it will cover all financial losses related to the incident and will not pass them on to users.
In my opinion, the most important thing right now is not speed, but security. A gradual restoration is the right step to minimize risks and regain users’ trust.
This is not the end of the story, but it is an important step toward the exchange returning to normal operations. 💛
After a major security incident, for which the FBI officially held North Korea responsible, Binance began the first stage of restoring withdrawals.
🔹 The Bitcoin network was the first to become available 🔹 ETH, BNB, SOL, XRP, TRX, and other assets will be brought back online gradually after security checks 🔹 Deposits remained available 🔹 Temporary delays are possible due to increased load
Important: Binance says it will cover all financial losses related to the incident and will not pass them on to users.
In my opinion, the most important thing right now is not speed, but security. A gradual restoration is the right step to minimize risks and regain users’ trust.
This is not the end of the story, but it is an important step toward the exchange returning to normal operations. 💛
🚨 Binance has already recovered 90% of the assets lost in the security incident.
A quick update: • 90% of the assets have been recovered (up from 80%). The ten most affected tokens are now fully backed by reserves. • Binance has allocated over $6.34 billion to cover losses and continues to buy the necessary tokens on the market and through OTC. • The updated Proof of Reserves as of October 31 is now available. • The resumption of withdrawals is expected on November 1, as planned.
Important: Binance says it is taking full financial responsibility for the incident, and users should not incur any losses.
We look forward to services resuming and further official updates. 👉 Офіційне оголошення
🚨 Binance has already recovered 90% of the assets lost in the security incident.
A quick update: • 90% of the assets have been recovered (up from 80%). The ten most affected tokens are now fully backed by reserves. • Binance has allocated over $6.34 billion to cover losses and continues to buy the necessary tokens on the market and through OTC. • The updated Proof of Reserves as of October 31 is now available. • The resumption of withdrawals is expected on November 1, as planned.
Important: Binance says it is taking full financial responsibility for the incident, and users should not incur any losses.
We look forward to services resuming and further official updates. 👉 Офіційне оголошення
Binance has faced a major security incident. Estimates of the assets moved reach $6.3 billion.
What happened? 👇 1️⃣ The attack begins On October 29, large amounts of cryptocurrency began to be withdrawn from Binance wallets across various networks: BTC, ETH, SOL, TRX, and others.
2️⃣ How did it happen? According to the preliminary theory, hackers gained access to an employee’s laptop and infiltrated Binance’s internal system.
3️⃣ Scale The estimated amount of funds moved is about $6.3 billion. By comparison, the 2025 Bybit hack cost about $1.5 billion.
4️⃣ Were the funds saved? Tether, Circle, Ripple, and other companies joined in blocking the assets. Analysts estimate that about $3 billion has been frozen.
5️⃣ Who is responsible? TRM Labs links the attack to the TraderTraitor group, which is associated with North Korea. There is no definitive confirmation.
6️⃣ Binance’s response • Withdrawals have been temporarily suspended; deposits are working. • Security experts and law enforcement have been brought in. • Binance promises to cover confirmed losses with its own funds and the SAFU fund.
7️⃣ What should you do? Don’t panic, don’t click suspicious links, and follow official news.
💰 Predictfun Project Pre-TGE Prime Sale $PREDICT on Binance Web3
IDO Details: • Allocated for the sale: 20,000,000 $PREDICT (2% of the total supply) • Fundraising target: $5,8 million in $BNB • $PREDICT price: $0.29 in $BNB • Account limit: up to 6 $BNB
📆 Subscription: October 29, from 08:00 to 10:00 UTC
The minimum number of Alpha Points required to participate will be announced before the sale.
🎃 The Binance Pumpkin event has begun! Get a chance to win up to 100 USDC!
Join the event via this link: Binance Pumpkin Frenzy
Participation requirements: • Complete tasks and receive 4 boxes per day. • Tasks refresh every 24 hours. • The maximum number of boxes per user is 15.
⚠️ Important note: Complete one task and open a box before moving on to the next task. Otherwise, your progress may not be credited!
The Jenner Hardfork has launched on the testnet. What’s changed? • 5% of block resources will be reserved by default for certain payments. • Smart contracts will be able to work with time more precisely — down to milliseconds. • CAS20 is a new standard for digital assets with compliance requirements.
For now, this is just testing. Payment Lane and CAS20 still need to pass a vote before their full launch.
@BNB Chain continues to grow. Stay tuned for updates! 🔥
💰 Predictfun Project Pre-TGE Prime Sale $PREDICT on Binance Web3
IDO Details: • Allocated for the sale: 20,000,000 $PREDICT (2% of the total supply) • Fundraising target: $5,8 million in $BNB • $PREDICT price: $0.29 in $BNB • Account limit: up to 6 $BNB
📆 Subscription: October 29, from 08:00 to 10:00 UTC
The minimum number of Alpha Points required to participate will be announced before the sale.
🎃 The Binance Pumpkin event has begun! Get a chance to win up to 100 USDC!
Join the event via this link: Binance Pumpkin Frenzy
Participation requirements: • Complete tasks and receive 4 boxes per day. • Tasks refresh every 24 hours. • The maximum number of boxes per user is 15.
⚠️ Important note: Complete one task and open a box before moving on to the next task. Otherwise, your progress may not be credited!
🎃 The Binance Pumpkin event has begun! Get a chance to win up to 100 USDC!
Join the event via this link: Binance Pumpkin Frenzy
Participation requirements: • Complete tasks and receive 4 boxes per day. • Tasks refresh every 24 hours. • The maximum number of boxes per user is 15.
⚠️ Important note: Complete one task and open a box before moving on to the next task. Otherwise, your progress may not be credited!
According to Charlie Bilello, Bitcoin and gold are currently the two worst-performing major assets of the year, down 7.3% and 7.5%, respectively.
This is the first time in history that, over a calendar year, the traditional safe-haven asset and the leading cryptocurrency have moved in sync at the bottom of the rankings.