Binance News

Binance announced on X that it is working to resolve a potential security issue and will bear all losses resulting from it. Binance will cover all losses. As a precaution, all deposits and withdrawals are temporarily suspended while its team conducts security checks, freezes funds, and works with law enforcement.
Binance is working around the clock and will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates. Binance said the response has involved cooperation from other participants across the industry, with ecosystem partners responding and helping to quickly freeze affected assets.
Binance said it is aware of differing figures circulating publicly regarding the amount frozen, including references to $1.8 billion.
For clarity, the current verified total frozen amount is around $3 billion. This figure may continue to increase as Binance's teams work closely with law enforcement, issuers, blockchain intelligence firms and industry partners to trace and freeze additional assets.
Binance will only share confirmed figures and will provide further updates as more verified information becomes available.

Crypto exchanges in Brazil must submit license applications by Friday to continue operating while their applications are reviewed, a process that could take up to two years. According to Odaily, firms that miss the deadline must stop providing services within 30 days starting Friday; from November 6, banks and payment institutions will also be barred from conducting crypto transactions with unauthorized service providers.
The Central Bank of Brazil (Banco Central do Brasil, BCB) introduced a crypto regulatory framework in November 2025 requiring service providers to verify the origin and destination of crypto transfers, including transfers involving self-custody wallets. The rules also cap certain international crypto transfers at $100,000 when the counterparty is not authorized to operate in Brazil’s foreign exchange market. Exchanges have raised questions about wallet identification, the interpretation of transfer limits and transaction-reporting thresholds.
Fabio Cendão, founding partner of Brazilian law firm FCM Law, said applying is only the start of the process. Compliance also involves substantial capital requirements, technical certification, custody audits and anti-money-laundering controls. Minimum capital requirements range from 10.8 million to 37.2 million Brazilian reais, depending on the services offered. Cendão said the costs could make compliance difficult for smaller exchanges.

Michael Saylor said on X that Strategy reported operating profit of $21 billion in the third quarter of 2026, its highest for any quarter. According to Odaily, the company also raised $21 billion through financing year to date, said STRC had returned to normal, and held 848,517 bitcoin, up 26% from the start of the year.

Grayscale's HYPG has listed on Nasdaq, giving investors exposure to the HYPE token and supporting staking. According to ChainCatcher, the fund began trading on June 3, charges an annual sponsor fee of 0.29%, and held $186.9 million in assets as of October 28.

A Polymarket trader known as Car said about $800,000 in assets was stolen from their account and all positions were sold; a friend’s account lost about $600,000. According to Odaily, multiple users reported suspected attacks on the website’s front end, unauthorized asset transfers, losses of about $200,000, and unauthorized withdrawal-signature requests on the official site. Polymarket had not responded as of publication. In June, a breach at a third-party provider led to a phishing attack targeting Polymarket’s front end, resulting in about $2.94 million in user losses.

According to Jin10, U.S. President Donald Trump said the United States must attack Iran to prevent it from acquiring nuclear weapons.

Machi Big Brother was liquidated eight times in six hours, and all positions were closed. According to Foresight News, Lookonchain reported that his Hyperliquid account had just $1.50 remaining.

Aave said on X that it will continue monitoring the situation and unfreeze all previously frozen V3 and V4 DAO operational markets as soon as possible. According to Odaily, the markets were frozen earlier.

Switzerland’s first spot Bitcoin ETF, the Bitcoin Fund ETF (BBIT), is expected to begin trading in November, although a specific date has not been set. According to Foresight News, citing CoinDesk, SIX Swiss Exchange said overseas banks and brokers can access the fund directly as approved trading participants or trade indirectly through existing participants. The fund is currently approved for public sale only in Switzerland, and whether clients abroad can buy it depends on local regulations.
Switzerland’s Financial Market Supervisory Authority (FINMA) approved the fund on October 20 and exempted it from diversification requirements, allowing it to invest entirely in Bitcoin. FINMA said the approval does not mean that ETFs holding other crypto assets, such as Ethereum or Solana, will automatically be approved.

Russia has drafted a standardized knowledge test that investors would have to pass before buying or trading cryptocurrencies on regulated platforms. According to ChainCatcher, citing RBC, the draft standards have been submitted to the Bank of Russia’s Basic Standards Committee, NAUFOR First Deputy Chair Ekaterina Andreeva said.
Brokerages expect to begin offering the test to clients as early as late November, and scores will be recognized across regulated platforms. Under Russia’s crypto regulation law, which began phased implementation in September this year, non-qualified investors who pass the test may trade only highly liquid crypto assets on an approved list.

Ethereum co-founder Vitalik Buterin said AI is highly knowledgeable but not very wise, often detecting references while making only surface-level judgments about a text’s argument. His remarks came in an X debate over whether chatbots rival the best human readers, according to BeInCrypto. Buterin said judgment is especially difficult when a model encounters a text for the first time, a concern for crypto teams using AI to review whitepapers, audits and governance proposals. He recently warned AI could weaken key parts of crypto security within two years.

According to the announcement from Binance, Binance will list Predict (PREDICT) and open PREDICT/USDT, PREDICT/USDC, and PREDICT/TRY spot trading at 2026-10-30 10:00 (UTC). Listing Details: Users can deposit PREDICT ahead of trading, and withdrawals are scheduled to open at 2026-10-31 10:00 (UTC). The listing fee is 0 BNB, and the token will carry a Seed Tag. TRY pairs will be available only to users with verified Binance TR accounts. Predict is a prediction market on BNB Chain. Binance Alpha Transition: PREDICT will be removed from Binance Alpha when spot trading opens. Alpha account holders can transfer their tokens to Spot Accounts 15 minutes before trading begins and can continue selling through Binance Alpha after the spot listing. Binance will transfer PREDICT from users’ Alpha Accounts to Spot Accounts within 24 hours. Trading Features: Spot Algo Orders will be enabled for the three pairs at 2026-10-30 10:00 (UTC), while Trading Bots and Spot Copy Trading are scheduled to become available within 24 hours of the spot listing.

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has partnered with Trade.xyz to bring perpetual contracts to the U.S. market. According to PANews, citing Bloomberg, the planned product is based on Hyperliquid and is intended for the regulated U.S. market.

Strategy's Stretch perpetual preferred stock (STRC) rose to $99.95, its first time at that level in 165 days.
According to Odaily, Bitcoin Treasuries said on X that the price increase came ahead of Strategy's third-quarter earnings call, putting STRC $0.05 below its $100 par value.

Tom Lee said in a post on X that he agreed with Rick Rieder: higher interest rates cannot resolve oil supply shocks and could worsen the housing supply shortage. According to Odaily, Lee added that higher rates could increase investment income and boost demand, meaning calls for Federal Reserve rate hikes could instead intensify inflation.

Westpac will impose a monthly AUD 10,000 limit on customers’ cryptocurrency-related payments starting in December, with no exemptions or higher limits available. According to ChainCatcher, withdrawals from cryptocurrency exchanges to Westpac accounts will remain unaffected and continue to be processed under existing procedures.

Blockchain analytics firm Glassnode said long-term holders own about 4 million Bitcoin acquired at prices between $85,000 and $118,000, with most bought in 2025. According to Odaily, these holders are currently facing losses based on Bitcoin’s market price.
Glassnode defines long-term holders as addresses that have held Bitcoin for more than 155 days. The firm said the $84,000-$85,000 range has prompted Bitcoin to retreat four times this year, and the cryptocurrency has closed above that range on only five days since January. If prices return to holders’ cost range, some may sell to break even, Glassnode said.
U.S. spot Bitcoin ETFs have an average cost basis of about $81,500-$82,000. As of Monday, ETF holders had an estimated average unrealized loss of about $2.63 billion, according to Glassnode. The estimate tracks fund flows and excludes the purchase costs of secondary-market buyers.

Cysic has restored its cross-chain bridge service and permanently burned 7,200,002 CYS on BNB Smart Chain, confirming the transaction was recorded on-chain. According to Foresight News, the update follows an attack on the bridge on October 17, when a hacker minted an additional 10 million tokens without authorization on BNB Chain.

Bank of Russia First Deputy Governor Vladimir Chistyukhin said proposed restrictions on non-custodial wallets under a draft cryptocurrency circulation law will not apply to international settlements, where such wallets will remain permitted. According to Foresight News, Chistyukhin’s remarks were reported by TASS.
The draft law’s authors considered allowing Russian investors to use non-custodial wallets, but decided against permitting direct investment through them because of investor risks and anti-money laundering and regulatory requirements. The restrictions would not prevent users from transferring cryptocurrency from custodial wallets on Russian infrastructure to custodial wallets abroad, and then to non-custodial wallets.

According to the announcement from Binance, Binance P2P is launching a merchant referral program for eligible users in Kazakhstan, Kyrgyzstan, Armenia, Azerbaijan, Georgia, Tajikistan, Belarus, Ukraine and Moldova. The campaign runs from 2026-10-29 23:59 (UTC) to 2026-12-31 23:59 (UTC). Referrers will receive a token voucher worth 50 USDC for each referred merchant who completes onboarding and their first P2P trade. Referred merchants can earn a 50 USDC voucher for completing 60 P2P trades with different users and reaching a total volume of at least 20,000 USDT equivalent, or a 100 USDC voucher for completing 120 trades and reaching at least 40,000 USDT equivalent. Trades must use eligible fiat currencies: KZT, KGS, AMD, AZN, GEL, TJS, BYN, UAH or MDL. Referred merchants must be new Binance P2P merchants, remain active for at least 10 days from onboarding, and achieve an order completion rate of at least 80% within 30 days of onboarding. Tasks must also be completed within 30 days of onboarding. Results will be evaluated every two weeks. Merchants who complete both task levels receive only the highest reward for which they qualify.

HYPE rose more than 8% in the past hour and was trading at $86. According to Odaily, Trade.xyz and ICE previously proposed launching a Hyperliquid perpetual futures market in the United States.

An address opened a 20x leveraged long position in GOOGL 40 minutes ago, following Google's largest single-day stock decline on record. According to Odaily, blockchain analyst Ai Yi reported that the position covers 50,000 shares, is valued at $14.3 million, and has an average entry price of $283.01, with $154,000 in unrealized profit. The address closed a long position in MU 19 hours earlier for a profit of $1.637 million, bringing its total account gains to more than $2.03 million.

Strategy CEO Phong Le said the company aims to become the world's largest company and currently holds more bitcoin than any other company. According to Odaily, Bitcoin Treasuries reported on X that Le said daily dividends would support Strategy's digital credit issuance, improvements to STRC and MSTR, and growth in its bitcoin holdings and BPS.

The Bank of England has opened a consultation on allowing central counterparties (CCPs) to accept tokenized collateral for clearing. According to Cointelegraph, the central bank says existing rules permit digital versions of eligible assets when they meet clearing standards. A draft supervisory statement would explain what CCPs must address when applying under the current approval process, covering collateral already accepted and asset types that qualify under the proposed UK CCP Rulebook but are not currently in use. The statement would not introduce new regulatory obligations. The BoE says tokenized collateral must remain possible to value, transfer and realize, including under stressed conditions, and notes that faster movement across jurisdictions could help firms meet margin calls. Sarah Breeden, the deputy governor for financial stability, said the consultation supports the Bank’s secondary objective of promoting innovation in financial market infrastructure while maintaining financial stability. She described it as part of a broader agenda between authorities and industry to enable responsible adoption of tokenization in financial markets. The consultation paper closes Feb. 12, 2027. The central bank expects to publish its policy response and rules later this quarter.

Brent Thill, Jefferies' software and internet research tech sector lead, said Amazon's earnings were not terrible and the stock was cheap, but the results were not what anyone had hoped for, according to Bloomberg. Spending on property and equipment exceeded expectations, and Thill said tech earnings had brought a lot of bad news this week. He spoke on “Bloomberg The Close.”

Polygon Labs added Solana to its Open Money Stack, linking bank accounts, crypto transfers and payouts. Businesses can move funds across blockchains and pay recipients through one integration, according to The Block. Kira is among the first users; the stack also supports Polygon, Ethereum and TRON. The move comes a week after Solana’s Alpenglow upgrade cut transaction finality from about 12.8 seconds to 150 milliseconds. Stablecoin supply is approaching $290 billion, led by USDT above $182 billion and USDC near $76 billion. Solana processed more than $5.5 trillion in stablecoin volume in 2026, its foundation said. Polygon earlier this month acquired Coinme, gaining licenses and exemptions covering 48 U.S. states.

jeff.hl said on X that ICE, trade[XYZ], and Hyperliquid had outlined their collaboration, with trading still subject to regulatory approval. According to Odaily, Hyperliquid will provide underlying infrastructure through HIP-3, trade[XYZ] will design and implement markets, and ICE will operate regulated markets and clearing structures. Existing trade[XYZ] HIP-3 markets will remain unchanged. jeff.hl also said he spoke with ICE CEO Jeff Sprecher about a year ago and joked that seeing ICE build on Hyperliquid technology would mean he had succeeded.

Arbitrum recorded 1.09 million active addresses on October 28, reaching a 30-day high. According to ChainCatcher, citing The Defiant, the increase in daily transactions was considerably smaller than the rise in active addresses, while user fees remained close to the previous week’s median.

Polymarket said a breach at a third-party service provider affected its international platform, Polymarket.com, and that all affected users will receive full compensation. According to Odaily, the platform has identified and fixed the issue and referred the matter to law enforcement. Polymarket has temporarily suspended trading while it works to restore service. Users previously reported unauthorized withdrawals from their accounts, and trader Car said about $800,000 was stolen. Polymarket has not named the service provider or disclosed the total losses.

KR1 plc, an on-chain infrastructure company listed on the London Stock Exchange Main Market, announced on October 29 that it had begun operating technical infrastructure on the decentralized AI network Bittensor. According to ChainCatcher, KR1 bought 5,000 TAO, Bittensor’s native asset, in recent months and launched staking as part of its infrastructure strategy. Based on reward rates observed on October 28, the company estimates annualized infrastructure revenue equivalent to about 6.6% of the current value of its deployed TAO holdings.
Bittensor is a subnet-enabled Layer 1 blockchain supporting services including AI inference, computing power, training and prediction. Independent providers compete for network rewards based on performance. KR1 stakes TAO through validators that assess service providers and receives a share of network rewards. The company said TAO has no mandatory unbonding period and can be retrieved immediately after unstaking. Rewards may be retained to expand productive assets or converted to support future investments and operating costs. KR1 plans to report its TAO holdings and related infrastructure revenue in monthly unaudited updates.
KR1 Managing Director and Co-Founder Keld van Schreven said demand for infrastructure supplying intelligence is expected to grow as AI enables software to perform more complex tasks. He said the company is focused on whether Bittensor’s incentives can support services with recurring customer payments and on deploying its TAO holdings to increase productive digital assets and revenue-generating capacity per share.

Celestia has launched Voyager, an application-specific blockchain architecture designed for large-scale payments in agent commerce.
According to ChainCatcher, Celestia said Voyager sustained about 21 million transactions per second across 100 million accounts during a five-hour benchmark. The test processed about 400 billion random transfers, averaging 21.2 million TPS and peaking at 21.6 million TPS.
Voyager separates payment processing into independently scalable threads to avoid blocking the execution thread that updates balances. Transactions are validated and batched at the ingress layer, then sent through a ring buffer inspired by the Disruptor system used in exchanges. Execution logic is built in, and state is stored in a flat table rather than a Merkle tree. Each transaction is published to Celestia’s Fibre data availability protocol for external replay and verification.
The benchmark ran on a single CPU core with about 48 GB of node memory and tested only one node. It did not include state-root calculations, replication across machines, or real-time state queries at the same scale. Celestia said it is working to bring Voyager into production and plans to publish more technical details in the coming weeks. Fibre went live on mainnet last week; Voyager is the first execution-layer product launched after Celestia’s acquisition of Sovereign Labs.

Solana said on X that Ondo's Smart Portfolio has launched on Solana with seven portfolio configurations. According to Odaily, the options cover income, growth and thematic exposures, including three backed by BlackRock; each configuration corresponds to a single transferable token.

Whales on Hyperliquid currently hold $8.08 billion in positions, with longs accounting for $3.75 billion, or 46.41%, and shorts totaling $4.33 billion, or 53.59%; the long-short position ratio is 0.87. According to ChainCatcher, the figures are from Coinglass data. Long positions show a profit of $79.15 million, while short positions have a loss of $29.61 million. One whale address, 0x5b5d..60, has a 5x cross-margin short position in ETH opened at $2,322.74, with an unrealized profit of $1.92 million.

U.S. President Donald Trump said the United States is working with Venezuela to extract millions of barrels of oil for U.S. supply. According to ChainCatcher, Trump described the effort as a bilateral collaboration.

Alphabet Inc. shares fell more than 13%, wiping out more than $500 billion in the company’s biggest-ever market plunge after disappointing search and advertising sales fueled investor concerns about AI’s threat to its core business, Bloomberg reported. Mandeep Singh also discussed a possible deal involving Marvell and Lumentum Holdings, as well as DoorDash buying Instacart.

A contract account associated with a crypto address has accumulated about $24.63 million in gains. According to Odaily, the address opened a HYPE long position worth about $6.29 million between 22:33 and 23:48 (UTC+8) on October 29, 2026, at an average execution price of about $92.14. The address is 0xbf732ea04197942783e34730ed6e0f6099575d58.

According to Jin10, spot gold, spot silver and the U.S. Dollar Index (DXY) showed little movement in the short term after the PCE data were released.

According to the announcement from Binance, the exchange will continue its USD1 holding campaign from 2026-10-30 00:00 (UTC) through 2026-11-27 00:00 (UTC), offering eligible users a share of 120 million World Liberty Financial (WLFI) tokens and up to 2.5 million USD1. WLFI rewards will accrue during the campaign and be distributed weekly on Fridays. To qualify, users must maintain at least 0.01 USD1 in net assets across supported Binance accounts. Additional USD1 rewards are available to first-time USD1 users and those who increase their holdings compared with their prior 180-day baseline. The enrollment window for qualifying deposits runs from 2026-10-16 00:00 (UTC) to 2026-11-27 00:00 (UTC). Holdings will be assessed through the USD1 reward payout dates of 2026-12-11 and 2027-01-08. For the first phase, first-time users can receive up to 3% APR and users with incremental holdings up to 2% APR. In the second phase, the rates are up to 1.5% and 1%, respectively. USD1 rewards are capped at the first 50,000 qualifying USD1 per user in each group; amounts above the cap remain eligible for WLFI rewards. Binance said rewards will be airdropped to eligible users’ Spot Accounts, with USD1 rewards paid to master accounts.

Utexo is preparing to bring Tether’s USDT stablecoin back to Bitcoin after a three-year hiatus, with private transfers and faster payments as its stated goals. According to Cointelegraph, the Dubai-based startup plans to use RGB, a protocol that keeps transaction details off Bitcoin’s public blockchain, and has scheduled a public launch for Nov. 28. Lightning Network support is planned for Q1 2027. USDT first launched on Bitcoin through the Omni protocol in 2014, but Tether halted issuance in August 2023, citing declining usage. Tether announced plans to issue USDT on RGB in August 2025, but that plan did not proceed. Tether later led Utexo’s $7.5 million seed round in March, and the startup plans to use Tether’s USDT0 protocol for its Bitcoin-based version. Utexo co-founder and CEO Viktor Ihnatiuk says the proposal combines Bitcoin settlement with RGB’s transaction confidentiality, while Lightning can support fast payments. RGB is a Bitcoin-native protocol, not a sidechain or rollup: transaction parties validate asset transfers, while cryptographic commitments are anchored to Bitcoin. It can also use Lightning payment channels to move USDT without requiring each transfer to be recorded on Bitcoin’s base layer.
Utexo opened early access to its USDT Mint product on Oct. 22 for verified professional operators to test minting, transfers and redemption on Bitcoin’s Signet test network ahead of the public launch at the end of November. Mint locks USDT0 on Arbitrum before issuing an equivalent amount of USDT on Bitcoin; redemption burns the RGB asset and triggers the release of funds on the source network. This means the system also relies on the connection between the networks, introducing risks associated with bridges. Utexo says Oxorio audited Mint, though the full report is not public. The company has named UniSat as a launch partner and says it is working with 12 over-the-counter network partners, with another 40 in its pipeline. Ihnatiuk says Utexo is targeting payments and simpler arrangements such as escrow rather than replicating Ethereum’s decentralized finance ecosystem. He also sees potential for Bitcoin miners to swap BTC for USDT on the network without transferring funds to centralized exchanges. He has set a minimum goal of $1 billion in Bitcoin-based USDT over the next 12 months, with an initial goal of $10 billion and a median goal of $5 billion. With about $300 billion in stablecoins already circulating on networks such as Ethereum and Tron, Utexo must demonstrate demand for Bitcoin as another USDT venue.

According to Jin10, 10 large U.S. military transport aircraft arrived on the 28th at Ovda and Nevatim air bases in southern Israel, carrying large quantities of air defense and interceptor missiles to replenish Israeli forces' weapons stocks. The supplies reportedly came from Fort Bliss Air Force Base in Texas. Analysts said the move was intended to replenish ammunition Israel had used, and that the United States may deploy additional Patriot air defense missile units directly to Israel in the future. Israeli officials familiar with the matter said Israel is maintaining close strategic coordination with the United States. Although no final decision has been made, the two countries' militaries are preparing to carry out any military decision U.S. President Donald Trump may make soon. Large numbers of U.S. transport aircraft also landed at military bases in Jordan, Saudi Arabia, and Qatar.