CEX NEWS: Binance has resumed USDC, USDT, and ETH withdrawals on the Ethereum network, as well as USDC, USDT, and BNB withdrawals on BNB Smart Chain. BTC withdrawals had already been restored.
CEX NEWS reports that Binance plans to gradually resume withdrawals on November 1, having already covered about 95% of the funds stolen in the security incident.
CEX NEWS reports that a Binance hacker dumped over 130 altcoins on EVM chains, receiving 123,400 ETH ($277.26 million) and 1.69 million USDC, for a total of $279 million.
CEX NEWS reports that $SANTAHOOD launched its global billboard marketing campaign for November this week, with goals including listing on top centralized exchanges, increasing visibility, and growing its community.
CEX NEWS reports that OneKey founder Yishi warns that storing encrypted wallet seed phrases offline on an old iPhone may still be unsafe, even after a factory reset and enabling Airplane Mode. The iPhone 4S through iPhone X are affected by checkm8, while the iPhone XS, XR, 11 series, and second-generation iPhone SE are affected by usbliter8, disclosed this year. These BootROM-level vulnerabilities cannot be fixed through iOS updates. With physical access and specialized tools, attackers can exploit them via USB—even when the device is in Airplane Mode.
CEX NEWS reports that a Binance hacker dumped 908,793 PROM (worth approximately $5 million) into a nearly empty Uniswap V2 liquidity pool, receiving only 0.0316 ETH ($71).
CEX NEWS reports that a federal judge dismissed Trump's lawsuit against The Wall Street Journal with prejudice, ruling that he failed to plausibly allege actual malice.
CEX NEWS reports that on-chain analyst Specter says North Korean hackers transferred approximately $38 million through Relay Protocol within 7 hours, with transfers still ongoing at the time of posting. Relay claims to have a KYT monitoring system but failed to intercept the transfers. Specter noted that North Korean hackers would have difficulty transferring an equivalent amount of funds through THORChain in the same period.
According to CEX NEWS, Binance co-founder He Yi said Binance will use 50% of the SAFU Fund to cover losses from the hacking attack, while retaining the remaining 50%.
CEX NEWS: According to Glassnode data, U.S. spot Ethereum ETFs have recorded net outflows for 23 consecutive trading days, the longest streak of outflows since their launch.
CEX NEWS reports that Circle redeemed $11.7 billion in USDC and issued $10.9 billion in the week ending October 29, reducing its supply by $800 million to $70 billion.
CEX NEWS reports that the FBI attributed the theft of more than $6 billion in crypto assets from Binance to the North Korean hacking group TraderTraitor. The attackers mainly converted the assets into ETH and are expected to launder them further through DeFi and instant exchange services. The FBI, the Secret Service, and IRS Criminal Investigation urged THORNode operators, RPC node operators, instant exchanges, DeFi providers, blockchain analytics companies, and other virtual asset service providers to block transactions involving the attackers’ money-laundering addresses.
CEX NEWS reports that Washington is debating the $6.3 billion Binance hack ahead of the November 3 election, with Republicans pushing the CLARITY Act and Democrats calling for stronger crypto regulation.