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Chainalysis Ties Binance Hack to North Korea, Flags New Laundering

Chainalysis Flags Automated Laundering Never Seen Before in $6.4B Binance Hack

Calls for Crypto Rules Grow as Binance Hack Is Tied to North Korea

Binance Eyes Withdrawal Restart in 40 Hours as Probe Finds More Breach Points

Anchorpoint Partners With Solana Foundation to Bring HKDAP to Solana

Chainalysis and TRM Tie $6.4B Binance Hack to North Korean Group TraderTraitor

Binance Works With FBI on $3B Frozen Hack Funds, Buys Back Stolen Altcoins

Ripple Moves 310M XRP Hours After Backing Binance Hack Response
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Ripple Moves 310M XRP Hours After Backing Binance Hack Response

Ethena ENA Falls 7% After Binance Hacker Sells $33.93M of the Token

Trezor Warns CryptoBilis Buyers to Move Funds Over Suspected Implant
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Latest Videos
Binance Hacked $6.3B in 20 Minutes (And Where It Went)
Oct 31, 2026
Up Next
Markets

Binance Sets Aside $6.34B, Eyes Phased Withdrawals in 34 Hours
Binance's second recovery update commits more than $6.34B to cover the $6.3B breach, with $5B already held in matching tokens and $1.3B left to buy. Withdrawals return in phases within about 34 hours; Proof of Reserves results land Nov. 2.

Chainalysis Flags Automated Laundering Never Seen Before in $6.4B Binance Hack
Chainalysis says stolen Binance funds are moving through automated laundering patterns it has never seen, including repeated 1 TRX seeding of Tron addresses and mixing with proceeds of September's Bitget theft, as roughly $3 billion sits frozen.

Binance Eyes Withdrawal Restart in 40 Hours as Probe Finds More Breach Points
Binance co-CEO Richard Teng says investigators found additional breach points and a self-destruct mechanism in the $6.4 billion hack. Withdrawals may resume within about 40 hours, as Chainalysis and TRM tie the theft to North Korea.

Anchorpoint Partners With Solana Foundation to Bring HKDAP to Solana
Anchorpoint, the Hong Kong stablecoin issuer backed by Standard Chartered, HKT and Animoca Brands, has partnered with the Solana Foundation to issue and redeem HKDAP on Solana. No launch date was given, and HKDAP remains in institutional beta on Ethereum.
Regulation

Calls for Crypto Rules Grow as Binance Hack Is Tied to North Korea
Investigators attribute the record Binance theft to North Korea's TraderTraitor while CFTC Chair Selig, Sen. Lummis and The Digital Chamber press for legislation. TRM and Elliptic detail how the hot wallets were drained and where more than $6 billion went.

India ED Searches Mudrex and Instadapp Premises in $525M Crypto Probe
India's Enforcement Directorate searched premises linked to Mudrex and Instadapp on Oct. 27, alleging more than ₹5,000 crore ($525M) in cross-border crypto transfers. Preliminary estimates: over ₹4,600 crore for Mudrex and Saber.money, about $40 million for Instadapp.

KuCoin Ends All Services in Russia and Belarus, Effective Immediately
KuCoin has ended all products and services for customers in Russia and Belarus, effective immediately. It is the third major exchange this month to restrict the region, after MEXC and Bitget. It names no specific law and sets no single withdrawal deadline.

US Treasury Sanctions 11 Over North Korean IT Worker Crypto Laundering
OFAC designated 10 individuals and one entity tied to North Korean IT worker schemes. The list includes two Russians who allegedly converted millions in crypto. Chainalysis traced deposits to mainstream and sanctioned exchanges, including Garantex.
DeFi

Chainalysis Ties Binance Hack to North Korea, Flags New Laundering
Chainalysis says the $6.3B stolen from Binance moved through thousands of automated transactions in never-seen-before patterns. Elliptic traced discounted USDT-to-ETH swaps built to escape Tether and Circle freezes, plus a $59.9M USDT deposit into Aave.

Chainlink Launches 24/7 Pricing for Tokenized Assets, With Aave First
Chainlink is rolling out 24/7 pricing for tokenized stocks, commodities and other traditional assets, blending extended-hours data with perpetual futures quotes when markets close. Aave will use the feeds on Horizon, starting with heavily traded US stocks.

Avail Launches ShieldTX to Block Bots Copying Hyperliquid Traders
Avail launched ShieldTX, which opens every Hyperliquid perp position from a fresh wallet to break the link copy-trading bots follow. Its 63 bps cost estimate rests on a seven-trader sample, and a full audit is still underway.

CF Benchmarks Launches CFB Oracle to Push Regulated Indices Onchain
CF Benchmarks, the FCA-regulated index provider behind BlackRock's bitcoin ETF and CME crypto futures, launched CFB Oracle to deliver signed indices onchain. Payward plans to use it for a Hyperliquid-powered U.S. perps product still awaiting approval, while Chainlink and Pyth hold the incumbent...
Technology

Nvidia Earnings Beat and $12.9B Hugging Face Deal Push Nasdaq Futures Up 1.1%
Nvidia stock jumped 7% in premarket trading Thursday after posting an earnings beat and announcing a $12.9 billion acquisition of Hugging Face. Nasdaq futures climbed 1.1% on the news, arriving ahead of the Federal Reserve's Jackson Hole Economic Symposium.

Mystery AI Model Ox Alpha Beats Claude Fable on Benchmarks, Creators Unknown
A new AI model called Ox Alpha has surfaced with no identifiable creators, a free price tag, and benchmark scores that outperform Anthropic's Claude Fable. The model ships with a 1 million token context window, accepts video as input, and is available at no cost.

Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
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