TL;DR Bitcoin slipped 0.4% to around $77,900 as investors assessed the fallout from Binance’s $6.3 billion hack as binance outflows pressure BTC’s price. Binance reported $3.64 billion in net outflows during the first nine and a half hours after withdrawals resumed. U.S. spot Bitcoin ETFs recorded $643 million in outflows on Friday, adding to pressure […]
TL;DR Binance-linked wallets recorded approximately $6.1 billion in outflows within 24 hours of withdrawals resuming The Binance outflows represented around 3.6% of the exchange’s previously reported $171 billion in assets Binance says withdrawal demand is stabilising and claims to have replenished approximately 95% of the assets affected by the hack Binance Faces Withdrawal Pressure After […]
The Binance hack has renewed concerns about cryptocurrency security after attackers stole approximately $6.3 billion in digital assets from the world’s largest crypto exchange. The October 29 breach is believed to be the biggest cryptocurrency theft ever recorded, surpassing the $1.46 billion Bybit attack in February 2025. Bitcoin and other major cryptocurrencies faced selling pressure […]
Ripple CEO Brad Garlinghouse believes XRP could become a leading technology for institutional cryptocurrency payments within the next five years. Speaking during Ripple Swell 2026 in New York, Garlinghouse outlined a future in which banks and financial institutions increasingly use blockchain networks to transfer money and manage assets. His comments arrive as Ripple expands beyond […]
Bitcoin US elections are drawing investor attention this week as the cryptocurrency market prepares for major political developments and important employment figures. The November 3 midterm elections and November 6 employment report could influence financial markets, while additional economic releases and Federal Reserve commentary may add to the uncertainty. Bitcoin recently struggled to maintain the […]
Crypto stocks are heading into an important week as three major companies prepare to report their third-quarter financial results. Block, Circle, and Riot Platforms will release their earnings on November 3 and 4, giving investors a closer look at how cryptocurrency businesses performed between July and September. Although all three companies operate in the digital […]
A BTCPay Server hack has raised fresh security concerns after the Bitcoin payment platform received reports of attackers withdrawing funds from merchants’ hot wallets. On November 1, the open-source project issued an emergency warning, asking operators to temporarily shut down their payment servers while its team investigated the incidents. The situation is particularly concerning for […]
TLDR Bitcoin price recovery put $78,000 back in focus on November 1 as the market steadied after last week’s sell-off. Lighter’s LIT token jumped roughly 18%, while modest moves in major cryptocurrencies contrasted with sharp gains and losses among smaller assets. Bitcoin moved closer to $78,000 on Sunday, offering some relief after a difficult week […]
TLDR; Ripple’s xrp supply is in focus as it has released 1 billion XRP from escrow in its first scheduled unlock of November, worth approximately $1.25 billion. The actual impact on circulating supply will depend on how many tokens the company returns to escrow. Ripple carried out its latest monthly XRP release on November 1, […]
TLDR Binance withdrawals reopened in phases after its $6.3 billion security breach, with Bitcoin becoming the first network to reopen as the exchange works to restore access to customer funds. Binance has started the first phase of its withdrawal recovery plan after suspending services following Thursday’s massive cryptocurrency theft. The exchange confirmed on November 1 […]
TLDR; The FBI confirms the allegations and has officially attributed the $6.3 billion Binance hack to North Korea-linked hackers. FBI urges cryptocurrency exchanges, DeFi platforms, and blockchain service providers to block transactions associated with the stolen funds. The FBI said its investigation, conducted alongside the U.S. Secret Service and the Internal Revenue Service’s Criminal Investigation […]
TLDR Bitcoin ETF outflows reached $643.2 million on October 30, erasing four days of inflows and pushing October into negative territory. BlackRock’s IBIT led Friday’s withdrawals but still finished the month with $932.1 million in net inflows. Ether funds also faced selling, with combined Bitcoin and Ether ETF withdrawals approaching $799 million for the session. […]
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