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PropMarketCapFRESHExchanges and infrastructure

Tether earned $1.5 billion on the USDT stablecoin in a quarter and holds $191.5 billion in assets

Tether (the issuer of USDT, the largest stablecoin - a coin whose exchange rate is pegged to the dollar) reported $1.5 billion in operating profit for the third quarter of 2026. Since the start of the year, the result has reached $4.5 billion.

PropMarketCapFRESHExchanges and infrastructure

An hour of downtime on the Kraken crypto exchange at the height of the crash: spot, derivatives and API all at once

On October 30, the Kraken trading platform (one of the world's largest crypto exchanges) was completely down for about an hour - from 05:42 to 06:42 Moscow time. The outage coincided with a market slump following the $6.3 billion Binance hack.

PropMarketCapFRESHExchanges and infrastructure

BTC is cheaper on Coinbase than on Binance: this hasn't happened since FTX's collapse

On October 29, the Coinbase Premium Index dropped to -0.27% — the lowest since November 2022, when the FTX exchange collapsed. Put simply, US investors are selling BTC more actively than they are buying it.

PropMarketCapFRESHRegulation

FCA pushes HTX out of the UK: advertising ban until 2031

HTX (a crypto exchange formerly known as Huobi) has agreed to stop attracting clients from the UK. The commitments were formalized through the High Court of London and are valid until October 21, 2031.

PropMarketCapFRESHExchanges and infrastructure

Largest theft in crypto history: Binance crypto exchange reserved its $6.34 billion

Late in the evening on October 29, about $6.3-6.4 billion across 10 blockchains was withdrawn from Binance's hot wallets (network-connected storage from which client payouts are made). This is the largest theft in the industry's history - roughly four times larger than the $1.5 billion Bybit hack in February 2025.

PropMarketCapFRESHExchanges and infrastructure

Chainalysis: Binance hacker moved $325M through exchangers to evade stablecoin freeze

Analytics firm Chainalysis (a company that tracks coin movements on the blockchain and works with exchanges and regulators) has traced the Binance hack: the attacker managed to convert about $325M into other assets to bypass blockades. In parallel, roughly $2.8B has been frozen in connection with the incident.

PropMarketCapFRESHExchanges and infrastructure

The largest crypto theft in history, $6.36 billion from a crypto exchange, was attributed to DPRK hackers

Analytics firm TRM Labs linked the Binance hack "with high confidence" to the TraderTraitor group - the FBI's name for North Korean state hackers, who are classified as part of the Lazarus Group. This is four times more than the $1.5 billion stolen from Bybit in February 2025.

PropMarketCapFRESHExchanges and infrastructure

CoinDCX, India's largest crypto exchange, disabled new futures after Binance hack

India's largest crypto exchange CoinDCX banned opening new futures positions (leveraged contracts on an asset's price). The reason is a security incident at Binance, from which CoinDCX sources a significant portion of liquidity for its futures market.

PropMarketCapFRESHExchanges and infrastructure

Withdrawals will resume within 48 hours: Binance estimates hack damage at $6.3 billion

Binance co-founder Yi He said withdrawals will begin to resume within 48 hours. The exchange halted withdrawals overnight after the attack, which it estimates caused $6.3 billion in damage, and promises to cover all user losses.

PropMarketCapFRESHRegulation

KuCoin leaves Russia and Belarus, citing cryptocurrency regulatory requirements

On October 29, the KuCoin crypto exchange announced the termination of services for users from Russia and Belarus. The restrictions apply to all products and services of the platform and take effect immediately, with no transition period.

PropMarketCapFRESHExchanges and infrastructure

Indonesia's largest crypto exchange Indodax has halted deposits and withdrawals due to cyberattacks

Indonesia's largest crypto exchange Indodax has suspended all deposit and withdrawal operations. The reason is a sharp increase in the number of cyberattacks on the platform. The announcement was made on October 29 at around 15:15-15:25 Moscow time.

PropMarketCapFRESHRegulation

FCA secures High Court ban on HTX advertising in the UK

The UK regulator FCA has obtained court undertakings from the HTX exchange (formerly Huobi): the company will not knowingly advertise crypto services to Britons in circumvention of the law. For users from the United Kingdom, the exchange is effectively closed.

PropMarketCapFRESHExchanges and infrastructure

ICE opens perpetual futures to Americans - via Hyperliquid

Exchange holding ICE (Intercontinental Exchange, owner of the New York Stock Exchange) will give access to perpetual futures trading in the US, and they will be settled through the crypto platform Hyperliquid. The plans were reported on October 29.

PropMarketCapFRESHExchanges and infrastructure

Tether froze 33 wallets with $27 million in USDT TRC20 in one day

On October 28, Tether (the issuer of USDT, the largest stablecoin - a coin with an exchange rate pegged to the dollar) blacklisted at least 33 addresses on the TRON network. The owners can no longer move a single coin from them.

PropMarketCapFRESHCrypto market

Positions worth $356 million were liquidated on the crypto market: BTC fell below $80,000

Over the past 24 hours, $356 million worth of positions were forcibly closed on the crypto market's futures, and almost 60% of them were longs. Bitcoin dropped from $81,700 to $79,800 during the Asian session on Thursday, cutting short a two-day rebound.

PropMarketCapFRESHExchanges and infrastructure

Kraken will cancel orders on 176 pairs: the crypto exchange is moving trading to synthetic markets

Kraken (one of the oldest US crypto exchanges) is moving 176 trading pairs to synthetic markets. All orders placed on these pairs will be canceled, and after the migration orders will have to be placed again - they will not be transferred automatically.

PropMarketCapFRESHInstitutional players and funds

Binance saw $2 billion in stablecoins leave in October - the largest outflow since July

Stablecoin reserves on Binance, the world's largest crypto exchange, fell from $43.2 billion to $41.1 billion in October - by roughly 5%. This is the largest net outflow since July.

PropMarketCapFRESHExchanges and infrastructure

Bithumb was hacked through an employee system; crypto exchange Coinbase suffered a leak through a contractor

South Korea's second-largest exchange by trading volume, Bithumb, discovered on October 27 unauthorized access to a corporate system where employees communicate and exchange files. On the same day, Coinbase reported its own leak — but not because the exchange itself was hacked.

PropMarketCapFRESHCrypto market

BTC fell to $79,100 - a five-week low, crypto market below $2.7 trillion

On Saturday, Bitcoin on most exchanges dropped to $79,100 - the lowest level in five weeks. By Sunday morning, the price had recovered from the drop and is holding just above $80,000, reaching a high of $80,900.

PropMarketCapFRESHRegulation

Robinhood has received Dubai's permission to trade crypto

The American broker Robinhood (traded on Nasdaq under the ticker HOOD) has officially received approval from Dubai authorities to launch cryptocurrency trading. This opens the door for the company to enter the Middle East market.

PropMarketCapFRESHExchanges and infrastructure

Visa is in talks to buy Fireblocks for $2.5 billion

Payments giant Visa is discussing the acquisition of one of the world's largest crypto custodians, Fireblocks. The deal amount is being discussed at around $2.5 billion, Axios reports.

PropMarketCapFRESHRegulation

First rules under the US crypto law: stablecoins under supervision from January 18, 2027

The OCC (Office of the Comptroller of the Currency, a division of the Treasury that oversees national banks) has issued a final rule under the GENIUS Act. It is the first of several federal regulators to bring its rules to completion.

PropMarketCapFRESHCompany

Kazakhstan takes crypto regulation to court: ban in AIFC for Coinbase, HTX and 4 exchanges

The AFSA regulator reported on October 20 that the court of the Astana International Financial Centre (AIFC) has banned six crypto platforms from providing and advertising services with digital assets without a license. The ban applies within the financial centre and is not nationwide.

PropMarketCapFRESHRegulation

MEXC leaves Russia and Belarus: the second major exchange in a week

On October 20, 2026, the MEXC crypto exchange announced that it is ceasing to serve users from Russia and Belarus. There is no single shutdown date: each client will receive their deadlines individually.