🐕 Wild Dog Crypto · Morning Briefing (November 3)
1️⃣ North Korea denies pulling off the $6.3 billion Binance heist—and points the finger right back at the U.S.: Kim Jong Un’s sister came forward to reject the FBI’s accusation. The FBI says it was the work of North Korea’s TraderTraitor group; Pyongyang says, “It wasn’t us.” Let’s be honest: the denial was expected, but the FBI generally doesn’t name names without evidence. This blame game is just getting started (Cointelegraph, TheBlock).
2️⃣ The heist saga isn’t over: investigators have uncovered another suspected $106 million theft, with a European entity as the victim, just days after the Binance incident. Meanwhile, a Solana trading bot was drained of about $786,000. No one’s claimed responsibility, and nothing’s been confirmed—just another nine-figure hole in the floor (Cointelegraph, Decrypt).
3️⃣ Brazil’s largest exchange was hit too: Mercado Bitcoin suspended deposits and withdrawals following a security incident on Monday. Analysts have traced about $46 million in losses across several chains, including Bitcoin, Ethereum, Solana, and Tron. Tether has frozen more than 4.5 million USDT linked to the incident. The exchange says customers suffered no losses and no data was leaked, but it still hasn’t confirmed the exact figures. Take that “everything’s fine” with a grain of salt (TheBlock, Bitcoin.com, Cointelegraph).
4️⃣ One piece of good policy news: New Jersey rescinded its enforcement order against Coinbase’s staking business ahead of the U.S. midterm elections. The enforcement wave is ebbing, but the hacking wave is rising—regulators step back, hackers step forward. What a surreal week (Cointelegraph).
Just the facts. No predictions, no calls to buy or sell. 🐕
This is not investment advice.
1️⃣ North Korea denies pulling off the $6.3 billion Binance heist—and points the finger right back at the U.S.: Kim Jong Un’s sister came forward to reject the FBI’s accusation. The FBI says it was the work of North Korea’s TraderTraitor group; Pyongyang says, “It wasn’t us.” Let’s be honest: the denial was expected, but the FBI generally doesn’t name names without evidence. This blame game is just getting started (Cointelegraph, TheBlock).
2️⃣ The heist saga isn’t over: investigators have uncovered another suspected $106 million theft, with a European entity as the victim, just days after the Binance incident. Meanwhile, a Solana trading bot was drained of about $786,000. No one’s claimed responsibility, and nothing’s been confirmed—just another nine-figure hole in the floor (Cointelegraph, Decrypt).
3️⃣ Brazil’s largest exchange was hit too: Mercado Bitcoin suspended deposits and withdrawals following a security incident on Monday. Analysts have traced about $46 million in losses across several chains, including Bitcoin, Ethereum, Solana, and Tron. Tether has frozen more than 4.5 million USDT linked to the incident. The exchange says customers suffered no losses and no data was leaked, but it still hasn’t confirmed the exact figures. Take that “everything’s fine” with a grain of salt (TheBlock, Bitcoin.com, Cointelegraph).
4️⃣ One piece of good policy news: New Jersey rescinded its enforcement order against Coinbase’s staking business ahead of the U.S. midterm elections. The enforcement wave is ebbing, but the hacking wave is rising—regulators step back, hackers step forward. What a surreal week (Cointelegraph).
Just the facts. No predictions, no calls to buy or sell. 🐕
This is not investment advice.