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PropMarketCapFRESHRegulation

Thailand to disconnect Bitget starting December 5 and files criminal complaint against the exchange operator

Thailand's Securities and Exchange Commission (SEC, the local financial market regulator) announced on November 5 that the Bitget website, related domains and mobile application will be blocked in the country starting December 5. At the same time, a criminal complaint has been filed against the exchange operator, BG Limited, for operating without a license.

PropMarketCapFRESHExchanges and infrastructure

8426 ETH were taken from a Binance hacker without a private key, Polygon prepares a hard fork for $6.8 million

The Arbitrum network security council used special powers to transfer 8426 ETH and 74.6 million ARB from the Binance hacker's wallet - the owner's signature was not required for this. In parallel, Binance and Polymarket submitted a proposal to Polygon governance for a hard fork that would seize 70.49 million POL (about $6.8 million) from five addresses.

PropMarketCapFRESHExchanges and infrastructure

Binance resumes withdrawals of UNI, AAVE and other tokens: the crypto exchange opens networks in batches

The exchange published a release on the phased return of withdrawals for a new group of assets - among them UNI (the Uniswap exchange token) and AAVE (the token of the Aave lending protocol). Access is being opened across several withdrawal networks at once.

PropMarketCapExchanges and infrastructure

Binance has no cyber insurance for a hack of this scale: the crypto exchange is covering the $6.3 billion hole itself

The world's largest crypto exchange has lost assets worth roughly $6.3 billion, and it will have to reimburse them out of its own pocket: according to Bloomberg Law, Binance has no cyber insurance policy for that amount.

PropMarketCapInstitutional players and funds

Binance: +$1.82 billion in a day versus minus $11.8 billion in a week

After resuming withdrawals, Binance showed a daily net inflow of $1.82 billion. The weekly total, however, remained deeply negative: $11.832 billion in net outflow.

PropMarketCapExchanges and infrastructure

Tether froze $1.5 billion in the USDT stablecoin out of the $6.3 billion stolen from Binance

On October 29, about $6.3 billion was withdrawn from Binance wallets across several blockchains. Tether, the issuer of the largest stablecoin (a coin whose exchange rate is pegged to the dollar), said it managed to immobilize more than $1.5 billion of the stolen USDT.

PropMarketCapRegulation

New Jersey eased cryptocurrency regulation: staking on Coinbase allowed after three years

The state Bureau of Securities withdrew the June 2023 order along with the $5 million fine. State residents will again be able to stake (lock coins in the network for a reward) through Coinbase; the company did not name an exact date.

PropMarketCapExchanges and infrastructure

Binance has opened the second stage of withdrawals: the crypto exchange is recovering after a $6.3 billion hack

From 07:00 Moscow time on November 3, Binance is again letting money out according to a new list of assets. This is the second stage of unblocking after the largest hack in the exchange's history, which caused withdrawals to be stopped completely.

PropMarketCapExchanges and infrastructure

Mercado Bitcoin halted withdrawals: over $40M drained from the crypto exchange's wallets across 10 networks

Brazil's largest crypto exchange Mercado Bitcoin suspended deposits and withdrawals on Monday, November 2, after its wallets were emptied across ten blockchains at once. Loss estimates from specialized security firms exceed $40M.

PropMarketCapExchanges and infrastructure

FBI: $6 billion stolen from Binance by DPRK hackers, exchange lost $3.64 billion in 9.5 hours

The FBI officially named the North Korean group TraderTraitor as the culprit behind the October 29 Binance hack. After the findings were released, clients withdrew a net $3.64 billion - 2.1% of all exchange assets.

PropMarketCapCurrencies, commodities and indices

Iran's Hormuz plan knocked Brent crude price down 3% in a day - to $110

Brent crude (the benchmark grade used to price oil in Europe and Asia) fell to $110.06, losing $3.37 in a day. The reason is not OPEC+, which on Sunday left December quotas unchanged, but Tehran's statement that the Strait of Hormuz could be opened in two days.

PropMarketCapExchanges 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.

PropMarketCapCrypto market

Binance hacker sold seven altcoins for $158 million and moved into 70,480 ETH

The attacker who withdrew about $3 billion from Binance sold off seven tokens for $158.25 million and used all the proceeds to buy 70,480 ETH. About $2.86 billion remains under his control, while issuers managed to freeze another roughly $2.69 billion.

PropMarketCapExchanges 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.

PropMarketCapMacroeconomics and central banks

Bloomberg analysts unanimously expect the ECB rate to remain unchanged today

The European Central Bank holds its rate meeting today, October 29. According to a Bloomberg survey, analysts unanimously expect the rate to remain unchanged.

PropMarketCapCrypto market

US urgently evacuates people from the Middle East: crypto market slumps, Bitcoin falls below $80,000

On Saturday, October 24, BTC lost 2.2% in a day and dropped to $79,700 - its weakest level in more than a month. The reason is not market-related: Washington is urgently evacuating embassy and military base personnel from the region.

PropMarketCapCurrencies, commodities and indices

Trump on Iran and the Strait of Hormuz: Brent oil price soared above $116

On October 23, Brent crude passed two round marks in a matter of minutes: at 16:49 Moscow time the price went above $115, and already at 16:58 Moscow time - above $116. The reason - a sharp escalation of rhetoric around Iran.

PropMarketCapInstitutional players and funds

SkyAI sold its entire Solana reserve: 2M SOL to zero in a month

SkyAI (traded on Nasdaq, formerly called Sharps Technology) completely sold off its treasury reserve of Solana - more than 2M SOL at an average price of $107.51 per coin. By October 16, it had $223.8M in cash and zero cryptocurrency.

PropMarketCapCompany

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.

PropMarketCapCurrencies, commodities and indices

Nasdaq -2.3% for the day: AI company stocks fell the hardest, worst week since April 2025

On Friday, October 16, the US stock market closed lower: Nasdaq lost 2.3%, S&P 500 - 1.2%. For the week, the Nasdaq 100 posted its steepest decline since April 2025.

PropMarketCapMacroeconomics and central banks

US job openings fell by 256 thousand: JOLTS came in below forecast

In August, the number of job openings in the US declined to 7.079 million versus the expected 7.225-7.230 million. At the same time, hires and layoffs remained nearly unchanged.