There’s quite a bit of news from project teams today. Here are the highlights 👇
🚨 Key update: Binance security incident
From last night through the early hours of today, Binance’s hot wallet saw large-scale unusual outflows, with on-chain estimates putting the amount at around $5.7 billion. Binance said three things right away: user funds are safe, it will fully cover the stolen funds, and it has suspended all deposits and withdrawals for security checks. Alpha trading was also paused. The good news is that several parties acted quickly: Tether, Circle, Ripple, USD1, and Paxos froze related assets, while the Arbitrum Security Council froze around $30.5 million. The total amount officially confirmed as frozen has reached around $3 billion. A full post-incident review is still pending. Before deposits and withdrawals resume, don’t trust any “unlock links.”
🔥 Key highlight: $HYPE Secures Wall Street backing
NYSE parent company ICE and trade.xyz announced plans to use Hyperliquid’s technology to offer regulated 24/7 perpetuals to U.S. retail traders, covering crypto, stocks, indices, and commodities. ICE is taking an equity stake and will handle clearing. The plan is still awaiting CFTC approval.
⚙️ Upgrades and products
• The Jenner hard fork on BNB Chain went live on testnet. It reserves 5% of gas in each block specifically for transfers and payments, and adds millisecond timestamps and standards for compliant stablecoins. The mainnet launch is planned for late November.
• MetaMask set Stellar as its default network, and Curve’s StableSwap was also deployed on the Stellar mainnet.
• Ondo launched 7 smart portfolio tokens on Solana, 3 of which use BlackRock strategies.
• Uniswap open-sourced TJAR, a tool for collecting fees. Robinhood was the first to integrate it.
🤝 Institutions and partnerships
• Chainlink launched a 24/7 pricing service for tokenized assets, with Aave Horizon as its first user. Hanwha Investment & Securities also announced a partnership with Chainlink.
• Visa became a super validator on Canton Network.
• Ripple expanded its partnership with Water.org, donating $1.25 million in RLUSD.
• The number of U.S. public companies opposing the tokenized stock platform from OKX and ICE rose to 38.
🛡️ Security
• A third-party Polymarket script was compromised, resulting in about $2.6 million being stolen. The company has promised full reimbursement.
• About $786,000 was stolen from the zkLink Nova cross-chain bridge. Block production has been halted and the issue fixed.
• Tampered Ledger hardware wallets have surfaced in Singapore. Ledger has paused sales in Southeast Asia and Hong Kong. Buy hardware wallets only through official channels.
🏦 Treasuries and institutions
• Standard Asset Company, which has ties to Dubai’s royal family, launched a $1.5 billion “BTC plus UAE real estate” strategy.
• Franklin Templeton listed two ETFs that “reinvest dividends in Bitcoin.”
⚠️ The information above was compiled from X and public sources and may contain inaccuracies. It does not constitute investment advice.