☀️ Binance Square Morning Brief | Wednesday, November 4

It was a turbulent night across the crypto world and beyond:

1️⃣ Details emerge in Binance’s $6.3 billion theft case: The hackers began by poisoning Homebrew installation packages in June, compromised an engineer’s computer through a fake job interview in September, then used an internal AI tool to take control of the wallet signing service in late October. Four months of carefully planned steps. The good news: The platform has covered 95% of the losses, leaving users with no losses. CZ says we need to use AI to defend against AI: “To fight monsters, first become a monster.”

2️⃣ The SEC issued a no-action letter to Canton Network, determining that $CC is a digital commodity and that the network has no central party—a major boost for the RWA sector.

3️⃣ Tether’s CEO revealed that the company actually holds 150,000 BTC, 50,000 more than stated in its reserve report.

4️⃣ Today is U.S. midterm election day. Continued BTC outflows from exchanges signal tightening supply, while traders are betting on a post-election rally. $RUNE surged 15% as THORChain resumed swaps.

On today’s watchlist: U.S. ADP employment at 21:15; ISM non-manufacturing PMI at 23:00.

NFA | DYOR

#币安广场 #BTC #加密货币 #BNB #Web3