BeInCrypto Brasil

The Federal Bureau of Investigation (FBI) and the United States Secret Service have joined the investigation into a recent theft. Federal authorities are now working to trace the illicit funds and identify those responsible for the financial attack on the ecosystem.
The attack has raised financial concerns among Binance customers about the immediate security of their deposited funds. Users are seeking formal assurances of liquidity to allay fears of losing assets on the trading platform.

The man known as the “King of Cryptocurrencies” was arrested by the Military Police on Saturday afternoon (31) in the Perdizes neighborhood, in the west zone of São Paulo. Josué Viana Medeiros is accused of running a criminal scheme involving more than R$45 million.
He was walking along Itajobi Street when he was identified by cameras belonging to the Paulista Wall program. Sentenced to eight years in prison under a closed regime, he was wanted by the authorities in Amazonas after being arrested in 2022 in Santarém, Pará.

Hackers stole more than US$8 billion from Binance, Bybit, and Bitget in twenty months. None of the attacks captured the master passwords, known as private keys. In every case, the exchanges’ internal withdrawal approval systems were deceived.
The risk extends beyond users of these platforms. Coinbase, which has reported no similar thefts, holds the Bitcoin behind most spot Bitcoin ETFs in the United States. Its safeguards therefore also protect Wall Street’s money.

Bitcoin turned 18 on Saturday (31), with its creator still missing. The fortune attributed to him is equivalent to about US$85 billion, and artificial intelligence is beginning to reconstruct how it all started.
On October 31, 2008, Satoshi Nakamoto released the Bitcoin white paper, proposing money that could circulate without relying on banks. Today, the asset trades near US$77,330, with a market value of around US$1.55 trillion.
“…I am working on a new electronic cash system that is fully peer-to-peer, with no trusted third party,” Satoshi wrote at the time.

Brazil's financial market ended October under heavy pressure, with the dollar surging and stocks plunging. For the month, the Ibovespa lost 9.88%, its worst performance since June 2022, when it fell 11.5%. The dollar rose 5.27%, bringing its gains in 2026 to 0.81%.
The damage was concentrated in the final stretch. In the last week of the month, the U.S. dollar rose more than 9%, its biggest weekly gain since the 2008 financial crisis. The Ibovespa fell 18.12% over the same period, its steepest weekly drop since March 2020, when it had lost 18.88% in the initial fallout from the pandemic.

The Whale Alert tracker flagged about $2 billion in Bitcoin (BTC), Ethereum (ETH), and dollar-pegged stablecoins leaving Binance approximately three hours after the exchange reopened withdrawals on Sunday. The company says it is now processing all withdrawals using newly created wallets.
The exchange suspended withdrawals after attackers made off with about $6.3 billion on October 29. For customers who have been unable to access their funds since then, and for Bitcoin investors hoping for a recovery, the question is whether the money is actually leaving the platform or merely being moved elsewhere.

Chainalysis, a company that makes a living tracking criminals in the crypto market, has become a target for hackers. The company told clients that an external intruder used “agentic offensive techniques”—in other words, artificial intelligence tools—to access its systems this month.
Chainalysis’s client list includes more than a hundred banks, as well as exchanges and government agencies. In the breach, the names of employees at these institutions fell into the hands of third parties.
What did the hackers manage to get?

Major banks, Brazil’s stock exchange and the world’s leading exchanges are among the companies that applied to the Central Bank (BC) for a crypto license to operate as virtual asset service providers in the country. The deadline for those already operating in the market ended on Friday (30).
By 7:30 p.m. that day, 67 institutions had been identified in the race, according to a survey by Cainvest Group, which tracks the applications. The list includes applications confirmed by the companies themselves, regulatory disclosures from banks already authorized to operate, and cases identified solely through documentary links to applications filed with the BC, which the companies have yet to confirm.

The price of gold fell below $3,900 an ounce on October 30, its lowest level of 2026. The metal is down about 30% from the peak recorded in January.
Expectations of a tougher stance from the Federal Reserve (Fed) explain much of the retreat, but analysts disagree on how far the correction could go.
Why does gold keep falling?
Gold is heading for its second consecutive monthly decline. After repeated tests in recent sessions, the $4,000 level has stopped acting as firm support.

On October 29, a hacker drained about US$6.15 billion from Binance in just 31 minutes, in one of the biggest heists in the history of the crypto market.
Binance initially estimated the losses at US$6.3 billion. Blockchain analytics firm BitOK, however, tracked all the transactions and arrived at a figure of US$6.15 billion, spread across nine blockchains.
The most astonishing detail: the attacker never had access to Binance’s private keys. They made the exchange’s own systems approve the withdrawals. This guide walks through the attack step by step and explains each technical term. Times are in UTC, three hours ahead of Brasília time.

Binance customers in Brazil are temporarily unable to withdraw cryptocurrencies from the platform. The exchange announced the suspension on Friday (30), one day after a hacker attack hit its global operations.
According to the company, the measure is precautionary and will remain in place while the team completes security checks. No date has been set for withdrawals to return to normal. The platform’s other functions continue to operate, and Binance assures users that their funds in the country are not at risk.

Seven Wall Street firms cut their price targets for Coinbase (COIN) shares on Friday following a weak start to the fourth quarter. Trading fee revenue totaled about $165 million through October 25, and the stock fell 6% in premarket trading to $150.75.
The revision reflects a slowdown in crypto trading, the exchange’s main source of revenue.
Why are banks concerned about $165 million in 25 days?
The price target is analysts’ estimate of a stock’s price 12 months from now. In the third quarter, trading fees accounted for nearly half of Coinbase’s $1.22 billion in revenue. A slower pace therefore lowers the earnings estimates that underpin those targets.

The attack on Binance triggered a widespread sell-off in the cryptocurrency market after the exchange reported losses of around US$6.3 billion. Even so, three major altcoins remain close to their all-time highs.
Hyperliquid (HYPE), LEO Token (LEO), and WhiteBIT Coin (WBT) are all less than 17% below their record highs. Technical analysis suggests HYPE has the best chance of setting a new high. LEO is also showing strength, while WBT faces a test that could determine its next direction.

Crypto traders lost $1.49 billion in liquidations over the past 24 hours. Going against the trend, Hyperliquid (HYPE) rose more than 18%, buoyed by a deal with Intercontinental Exchange (ICE), an investment by Stanley Druckenmiller, and a one-word response from Elon Musk.
According to Coinglass, short positions in HYPE accounted for most of the $30.86 million liquidated in the token. Meanwhile, a suspected attack on Binance weighed on the rest of the market.
Did fears about Binance trigger the drop?

Binance is investigating a possible security incident after more than $2 billion left wallets linked to the exchange. Circle and Tether reacted quickly in an attempt to freeze most of the funds.
The focus is on an Ethereum address that once held more than $2.3 billion in tokens. Etherscan screenshots analyzed by BeInCrypto show that this wallet received 28,005.6 ETH from an address labeled Binance and then sent 195,460 ETH, worth around $440 million, to another address.

A week after the robotics token debuted on Binance, a single seller dumped 42 million units on the market and pocketed about $5 million in just one day. According to investigator ZachXBT, the tokens reached Axis insiders from a wallet controlled by the team itself.
The price plunged about 40% in 24 hours, leaving those who bought after the listing with losses. Axis denies that its team sold.
Who sold the AXIS tokens?
Axis Robotics collects robot training data. The AXIS token hit the market on October 21, first on Binance Alpha, the exchange’s showcase for early-stage projects. It was subsequently listed on Coinbase and South Korea’s Upbit.

Crypto liquidations reached $627.7 million in just one hour late Thursday night, with $606.6 million tied to bets on rising prices, according to Coinglass data. Bitcoin (BTC) fell below $79,000 and Ethereum (ETH) dropped below $2,240 after traders reacted to an unexplained $2 billion outflow from Binance hot wallets.
No attack has been confirmed, and Binance has not commented. Even so, the market priced in the worst-case scenario, and leveraged traders paid the price before any facts were established.

More than US$2 billion in Ethereum (ETH) and tokens left Binance hot wallets on Thursday for an address created just hours earlier and funded through Tornado Cash, according to Etherscan data. Binance has not said whether customer deposits are at risk.
The funds in these wallets belong to Binance users, and any theft would surpass the US$387 million attack suffered by Bitget in September. If this was a routine transfer, the exchange moved its reserves in a way commonly used by hackers to cover their tracks.

Coinbase (COIN) reported a profit of $718.7 million in the third quarter, beating Wall Street’s expectation of a loss. The same filing revealed that the CEO, one of the co-founders, and the president plan to sell up to 13.6 million shares over the next 14 months.
Those plans represent about 6% of Coinbase’s 223.7 million Class A shares, valued at approximately $2.2 billion based on Thursday’s closing price of $160.59. For COIN shareholders, this means a new supply of shares is hitting the market as the company’s core business slows.

Ripple and Coinbase have filed applications for authorization with the Central Bank to continue operating in Brazil under the sector’s new regulatory framework. Both companies are seeking classification as virtual asset service providers (VASPs).
The deadline for companies already operating in the country to submit their documentation is this Friday (30). Those that do not apply will be excluded from the regulated market. The list of applications has grown in recent days: Bybit, Binance and Mercado Bitcoin have already filed theirs. Filing an application starts the Central Bank’s review, but does not guarantee authorization.