Prop firm news

LIVE

Live updates: promos, term changes, new challenges, payouts.

Total news
23
Firm
0
--:--
updated
Firm
Category
PropMarketCapFRESHExchanges 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.

PropMarketCapFRESHInstitutional 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.

PropMarketCapFRESHProp industry

Prop firm Match admitted to substituting affiliate links: the audit covered 46 prop firms

The aggregator website prop firm Match confirmed that since October 2025, clicking the purchase and promo code copy buttons redirected the original tab through the affiliate link of the selected prop firm. The function was disabled on October 29, 2026, and the audit is still ongoing.

PropMarketCapFRESHExchanges 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.

PropMarketCapFRESHExchanges 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.

PropMarketCapFRESHExchanges and infrastructure

7,500 BTC left in SAFU: Binance crypto exchange has spent half of its insurance fund

After a $6.3 billion hack - the largest in crypto history - Binance transferred 7,499 BTC from its SAFU insurance fund. The fund's Bitcoin reserves have roughly halved: from ~15,000 BTC to ~7,500 BTC (about $583 million), and the exchange has not given a timeline for replenishing it.

PropMarketCapFRESHExchanges 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.

PropMarketCapFRESHCrypto market

BTC rebounds toward $79,000: market digests $6.3B Binance hack

Bitcoin gained about 1% to ~$78,600 in Monday morning hours and is closing its third straight day of gains - even as a week ago Binance disclosed a $6.3B theft, the largest in crypto exchange history.

PropMarketCapFRESHExchanges and infrastructure

$3.64 billion left the Binance crypto exchange in 9.5 hours after withdrawals opened

Binance resumed withdrawals after the largest crypto hack in history at $6.3 billion and in the first nine and a half hours paid out a net $3.64 billion. The exchange itself calls this 2.1% of its assets.

PropMarketCapFRESHExchanges and infrastructure

FBI: North Korea is behind the $6.3 billion theft from the Binance crypto exchange

The American Federal Bureau of Investigation has officially named a group linked to the DPRK as the culprit behind the Binance hack last Thursday. About $6.3 billion in digital assets was stolen - this is the largest theft in the history of the crypto market.

PropMarketCapFRESHRegulation

The $6.3 billion Binance hack turned Congress toward cryptocurrency regulation

On October 29, hackers breached Binance's hot wallets (the exchange's network-connected storage) and withdrew $6.3 billion in assets. Two days later, the story became political: Donald Trump said the administration was dealing with the incident, and letters demanding federal oversight of exchanges began arriving in Congress.

PropMarketCapFRESHInstitutional players and funds

A Nasdaq company is preparing to sell 5,833 BTC worth $449M - due to the Binance hack and quantum computers

Next Technology Holding (ticker NXTT, a software company from Japan) announced after market close on Friday, October 30, that its board of directors has authorized selling its Bitcoin or borrowing against it. This concerns 5,833 BTC - approximately $449M at a rate of about $77,000 per coin.

PropMarketCapFRESHExchanges and infrastructure

$6.3 billion stolen from Binance hot wallets: crypto exchange has not resumed withdrawals

On Thursday, about $6.3 billion was withdrawn from Binance wallets — the largest theft in crypto market history. The exchange has reserved $6.34 billion to compensate clients, but withdrawals for users still do not work.

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.

PropMarketCapFRESHInstitutional players and funds

BTC volatility hits highest since August as 22,159 BTC leaves Binance in a day

After the hack of Binance hot wallets, options traders priced in the strongest Bitcoin swings since August, and the net outflow of coins from the exchange set a yearly record: 22,159 BTC, about $1.7 billion, on October 29 alone.

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

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.

PropMarketCapFRESHCrypto market

Binance $6.3B Hack Crashes Crypto Market: BTC Below $77,000, Longs Burned for $606M

Overnight on October 30, about $6.3 billion left Binance's hot wallets (exchange storage connected to the network for fast withdrawals) - the largest theft in crypto history, four times larger than the $1.5 billion Bybit hack in February 2025.

PropMarketCapFRESHInstitutional players and funds

BlackRock's Bitcoin ETF took 99% of the daily inflow: $136M out of $137.3M

On October 28, US spot Bitcoin ETFs (exchange-traded funds through which Bitcoin is bought like a regular stock) raised $137.3M, while Ethereum and Solana funds lost money again. Across the three markets combined, the result was +$110.2M.

PropMarketCapFRESHCurrencies, commodities and indices

Cyberattack on GMO: 26,739 servers at risk, OANDA Japan pauses withdrawals

GMO Internet's cloud hosting, where traders keep MetaTrader terminals and trading robots, was hacked. Broker OANDA Securities Japan postponed client payouts on October 22 to check applications for fraudulent transfers.