🔍Market Summery

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Coinbase Offers to Help Binance After Hack, Says Customer Protection Comes First

Coinbase Offers to Help Binance After Hack, Says Customer Protection Comes First

Coinbase, the U.S. cryptocurrency exchange, is helping Binance respond to a hack by blocking transfers to compromised wallets and offering direct assistance to the rival exchange.On October 29, Coinbase Chief Executive Officer Brian Armstrong wrote on X that the company was “doing everything we can,…

Binance hack could be the biggest in history; here's what we know

Binance hack could be the biggest in history; here's what we know

Binance, over the years, has become synonymous with the world of crptocurrencies. Naturally every development connected to the company is capable of causing ripple effects across the crypto world. And this is precisely what has happened.As per an Axios report, Binance suspended trading on Thursday f…

Stellar Unveils Thruput With Multi-Million-Transaction Execution Benchmarks

Stellar Unveils Thruput With Multi-Million-Transaction Execution Benchmarks

TL;DR: The Stellar Development Foundation introduced Project Thruput on October 28 as a technology preview that changes how a blockchain execution engine can handle competing transactions. For investors, the most important distinction is between measured potential and deployed capacity.The Stellar D…

Prom: Integrates with DeAgentAI for verifiable agent identities - 30 Oct 2026

Prom: Integrates with DeAgentAI for verifiable agent identities - 30 Oct 2026

Prom integrates with DeAgentAI on 30 Oct 2026. The DeAgentAI integration provides Prom's agents with cryptographic credentials and verifiable on-chain identities, using the identity tools supplied by DeAgentAI.Prom can use these identities to facilitate automated and addressable payments for agents.…

Chainlink: Hanwha adopts CCIP for its global tokenization platform - 30 Oct 2026

Chainlink: Hanwha adopts CCIP for its global tokenization platform - 30 Oct 2026

Hanwha Investment & Securities enters a strategic partnership with Chainlink on 30 Oct 2026. The firm adopts the Chainlink data standard and CCIP as the official data and interoperability infrastructure for its global tokenization platform.The adoption gives LINK a concrete institutional use case in…

Arbitrum: Security Council freezes funds linked to Binance exploit - 30 Oct 2026

Arbitrum: Security Council freezes funds linked to Binance exploit - 30 Oct 2026

Arbitrum's Security Council moved 74,559,805 ARB and 8,425 ETH linked to the Binance exploit into an intermediary frozen wallet on Arbitrum One. The council used an emergency freeze to secure the funds.The frozen ARB balance is now out of the hacker's reach. Access to the funds requires action by th…

Binance Suspends Transactions After It Is Targeted in Biggest-Ever Cyber Heist— WSJ

Binance Suspends Transactions After It Is Targeted in Biggest-Ever Cyber Heist— WSJ

By Sam Kessler and Vicky Ge HuangBinance suspended transactions Thursday as the exchange investigates the biggest cyber heist in history."It does look like a hack on Binance," Changpeng Zhao, Binance's founder, said in a post on the social-media platform, X. "User funds are safe."Binance said late T…

Binance Hack Shows ‘Everyday Is Zeroday,’ Says Elon Musk: Attack on Platform Biggest Financial Heist

Binance Hack Shows ‘Everyday Is Zeroday,’ Says Elon Musk: Attack on Platform Biggest Financial Heist

Investors and industry observers reacted to the at Binance on Thursday, which resulted in billions in estimated losses and could rank as the largest cryptocurrency hack in history.Binance’s Black ThursdayBinance said on X that the estimated total impact is roughly $6.3 billion, more than four times …

Analysts react as Binance freezes assets after $6.3 billion security breach

Analysts react as Binance freezes assets after $6.3 billion security breach

Binance, the world's largest cryptocurrency exchange, said a security breach had resulted in an estimated $6.3 billion impact that analysts said could amount to the biggest crypto heist ever.Binance said it had worked with partners to freeze the affected assets, with about $3 billion located so far.…

Binance hack could accelerate shift to DEXs: Standard Chartered

Binance hack could accelerate shift to DEXs: Standard Chartered

The Binance hack could accelerate a shift in crypto trading toward decentralized exchanges, benefiting Uniswap over the longer term, according to Standard Chartered’s global head of digital assets research, Geoffrey Kendrick.In an email shared with Cointelegraph, Kendrick said the breach should driv…

Kamino Opens Solana Lending Market for Backpack Tokenized Equity Collateral

Kamino Opens Solana Lending Market for Backpack Tokenized Equity Collateral

TL;DR: Kamino has launched a dedicated Backpack Market on Solana allowing eligible users to post selected Backpack Securities tokenized equities as collateral for USDC borrowing. For Solana DeFi, the new market is a concrete example of tokenization gaining a use beyond holding or trading a represent…

Blockchain analysis firm TRM says North Korea behind Binance crypto theft

Blockchain analysis firm TRM says North Korea behind Binance crypto theft

North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs."An attacker moved approximately $6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes," TRM Labs said in a blog post on its we…