Blockchain News page 8

Solana-based stablecoin businesses can now tap Polygon's infrastructure to settle payments through US banking rails. Polygon Labs has opened its stablecoin payment infrastructure to Solana-based businesses, according to reporting from Cryptopolitan, NewsBTC and CoinTurk News. The expansion lets companies building stablecoin products on Solana route payouts through US banking rails using Polygon's existing framework.

The oracle provider is inviting security researchers to probe its smart contracts for vulnerabilities in exchange for sizable payouts. RedStone, a provider of blockchain oracle infrastructure, has launched a bug bounty program that offers payouts of up to $250,000 for disclosed vulnerabilities.

The Chinese-listed firm's approval follows a security breach at Binance, raising fresh questions about corporate crypto treasury risk. Next Technology Holding has secured internal approval to potentially liquidate a large portion of its Bitcoin treasury. CryptoBriefing reported the figure at $450 million, while The Cryptonomist put the approved amount at $449 million.

The anniversary of Satoshi Nakamoto's founding document lands alongside fresh scrutiny of how exchanges and custodians safeguard digital assets. Eighteen years ago, on October 31, 2008, an individual or group using the pseudonym Satoshi Nakamoto published a nine-page document describing a peer-to-peer electronic cash system.

The blockchain analytics firm that tracks crypto hackers says it was targeted by an AI agent-driven intrusion. Chainalysis has confirmed that it was the target of a cyberattack driven by agentic artificial intelligence. The firm disclosed the incident on October 31, according to reports from CoinGape and BeInCrypto.

The company says attackers accessed customer names and email addresses in the breach. Chainalysis has disclosed a cyberattack that exposed customer names and email addresses. The company is known for supplying blockchain tracing tools to governments, exchanges, and financial institutions worldwide.

The former president's comments follow reports of a record-setting breach at the crypto exchange, stirring debate ahead of the election. Donald Trump has publicly flagged concerns about digital currency following a reported hack at Binance totaling $6.3 billion, according to Coinfomania and CoinGape.

A technical pattern on XRP's chart suggests downside risk even as exchange supply data hints at reduced selling pressure. XRP is showing a mixed technical and on-chain picture heading into the end of October.

The DeFi lending protocol restored normal market activity while blocking new borrowing against a set of flagged assets. Aave, one of the largest decentralized lending protocols in crypto, has reopened markets that had previously been frozen. The move restores standard functionality, including deposits, withdrawals and loan repayments, across the affected pools.

A reported heist tied to Binance has prompted fresh scrutiny of exchange custody practices and investor protections. The National Business reported on October 31 that a heist connected to Binance has raised new regulatory and investment questions. The outlet's account places the incident within a broader pattern of security episodes affecting centralized cryptocurrency exchanges.

Most outlets report Tether's year-to-date net operating profit at $4.5 billion, but BitKE puts the same figure at roughly $10 billion. Most outlets report Tether's year-to-date net operating profit at $4.5 billion, but BitKE puts the same figure at roughly $10 billion.

Reports of a multibillion-dollar security breach at Binance sent bitcoin tumbling, though price levels and recovery details vary across sources. Bitcoin’s price came under pressure on October 30 following reports of a major security incident at Binance, one of the world’s largest cryptocurrency exchanges.

Four stories today show where published accounts of the same events cannot both be right, and none of the gaps has been closed. Four stories today show where published accounts of the same events cannot both be right, and none of the gaps has been closed.

The bank's bullish long-term forecast for the decentralized exchange token has not stopped near-term selling pressure. Standard Chartered, one of the largest banks to issue formal crypto price targets, has set a bullish forecast of $100 for Uniswap's native token, UNI. Despite that call, UNI's price has fallen rather than rallied, according to crypto.news.

Binance founder Changpeng Zhao raised the idea after an online exchange with Elon Musk. Changpeng Zhao, the founder of Binance, said the exchange may rely on a SpaceX-linked investment to offset losses from a hack. Zhao, widely known by his initials CZ, made the comment publicly after an online exchange involving Elon Musk.

BusinessDay NG reports a security incident at Binance that, if confirmed, would mark the largest cryptocurrency theft on record. BusinessDay NG reported on October 30 that Binance experienced a security breach valued at approximately $6.3 billion. The outlet characterized the incident as the largest cryptocurrency heist recorded so far.

The exchange's push into event-based trading is starting to show up in its bottom line. Coinbase's third-quarter net income climbed 66% year over year, the company disclosed in its latest earnings report. The jump signals that the exchange's diversification strategy beyond core trading fees is starting to pay off.

A group of 38 companies has objected to a tokenization initiative tied to NYSE, with rival exchange lobbying also alleged. Walmart, Microsoft and JPMorgan have pushed back against a tokenization venture backed by NYSE, according to a report from CryptoSlate.