Tag: AltcoinGordon

Blockchain analytics firm TRM Labs and independent investigator ZachXBT point to state-linked hackers in what they call the largest crypto exchange breach on record. Binance has confirmed what investigators are calling the largest hack ever carried out against a cryptocurrency exchange.

Citation Needed reports a potential breach at the world's largest crypto exchange, with the scale of losses still unclear. Citation Needed reported on October 29 that an attacker made off with up to $3 billion from Binance, the world's largest cryptocurrency exchange by trading volume.

The exchange's first report into the massive breach points away from compromised private keys as the cause. Binance has released the first set of findings from its investigation into a hack involving $6.3 billion, Bitcoin.com News reported on October 30, 2026.

Suspected wallet breach and $3.3 billion in flagged transfers trigger broad crypto sell-off. Crypto markets turned sharply lower after reports surfaced of a suspected hack targeting Binance, the world's largest cryptocurrency exchange. BNB, the token tied to the Binance ecosystem, fell between 7% and 8% within hours of the news breaking.

Intercontinental Exchange is said to be preparing a US perpetual futures product built on Hyperliquid, coinciding with a rally in the HYPE token. Intercontinental Exchange is reportedly preparing to launch perpetual futures contracts for the US market built on the Hyperliquid protocol, according to a report from CryptoBriefing.

Exchange founder Changpeng Zhao says unusual outflows resemble a hack as billions in funds are traced and frozen Binance has confirmed that $2.54 billion in digital assets were frozen in connection with a suspected security breach. The exchange is treating the incident as a possible hack and has opened an investigation into the unusual outflows.

Protos reports the exchange halted withdrawals as details of an alleged major breach continue to emerge. Protos reported on October 30 that Binance, the world's largest cryptocurrency exchange by trading volume, had suspended withdrawals amid what it called a massive hack.

Crypto Economy and CoinTurk News EN give sharply different dollar figures for the stablecoins frozen and the total value of the Binance outflows following the same incident. Crypto Economy and CoinTurk News EN give sharply different dollar figures for the stablecoins frozen and the total value of the Binance outflows following the same incident.

Exchange pauses withdrawals as stablecoin issuers freeze billions in suspected stolen funds. Binance confirmed it is investigating a suspected security breach involving large, unexplained outflows from its wallets. Estimates of the total amount vary. Some reports place the figure near $5.57 billion, while others cite numbers as high as $5.9 billion.

Exchange reports four infrastructure-related sectors within its tokenized equity offering each grew trading volume by more than 90% last month. MEXC has reported an 88% month-over-month increase in trading volume for AI-related tokenized U.S. stocks and exchange-traded funds in September.

The decentralized exchange's token burn coincides with lifetime protocol revenue crossing $1.38 billion. Hyperliquid, a decentralized exchange known for its perpetual futures trading, has burned approximately $4 billion worth of its native HYPE token. The move reduces the total circulating supply by nearly 5%, according to reporting on the burn.

The asset manager projects 34.3% average annual gains for bitcoin, citing rising institutional demand. Bitwise, a crypto-focused asset manager, has increased its long-term price target for bitcoin to $1.6 million. The firm attributes the revised figure to accelerating institutional demand for the asset.

Crypto exchange ChangeNOW gathers wallet and infrastructure leaders at the Singapore conference. Crypto exchange ChangeNOW has joined MetaMask, Trezor, WalletConnect and other industry participants at TOKEN2049, according to reports from four separate outlets. The reports describe the gathering as bringing together major names across wallets, hardware security and connectivity protocols.

The tech giant's new service divides private key control among multiple parties to reduce single points of failure. Google Cloud is developing a custody system for digital assets aimed at institutional clients, according to reports from BitKE and UNLOCK Blockchain.

Spot Bitcoin fund inflows reported by Cointelegraph help erase earlier monthly losses. Spot Bitcoin exchange-traded funds added $137 million in net inflows, Cointelegraph reported. The figure was enough to flip October's cumulative flow total from negative to positive for the month so far.

The initiative will support builders working on PlayStation-linked games and anime projects on Sony's blockchain network. Sony has introduced an incubation program through Soneium, its blockchain network, aimed at supporting creators in gaming and anime. The program specifically targets projects connected to PlayStation games and anime franchises, according to reporting on the launch.

The exchange is reportedly examining blockchain-based tokens tied to physical metal stocks to support trade financing. The London Metal Exchange, one of the world's oldest and largest venues for industrial metals trading, is reportedly examining whether metal stored in its Hong Kong warehouses could be represented as blockchain-based tokens.

Market watchers point to the Federal Reserve's cautious stance as a fresh headwind for the largest cryptocurrency. The Federal Reserve kept its benchmark interest rate unchanged in its latest policy decision. Analysts described the central bank's accompanying commentary as hawkish, suggesting officials remain cautious about cutting rates further in the near term.