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PropMarketCapExchanges and infrastructure

New BitMart hack: $391K sent to address from $49M theft at crypto exchange Mercado Bitcoin

BitMart founder Sheldon Xia confirmed the November 2 attack and admitted that the platform's security team is "severely understaffed." The exchange itself has been heading toward closure since July and still has not settled with clients.

PropMarketCapExchanges and infrastructure

Access to accounts on the Mercado Bitcoin crypto exchange will open on November 9, losses have grown to $48.6 million

The Brazilian crypto exchange Mercado Bitcoin has announced the date for the phased return of clients - November 9. The new estimate of what was stolen has risen to $48.6 million versus about $46 million in the first hours after the hack.

PropMarketCapRegulation

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.

PropMarketCapRegulation

Hong Kong Requires Crypto Exchanges to Disclose Clients: Crypto Tax to Be Checked Starting in 2028

Hong Kong has passed a law under the OECD standard: starting in 2027, crypto platforms will begin collecting data on clients and their transactions, and from 2028 the city will begin transmitting this data to the tax authorities of other countries. The announcement was released on November 4, 2026.

PropMarketCapRegulation

Democrats in Congress want to give crypto regulation to the SEC and cut the CFTC's role

On November 4, journalist Eleanor Terrett reported that the US House of Representatives is discussing a new crypto market structure bill. It expands the powers of the SEC (US Securities and Exchange Commission) and reduces the role of the CFTC (Commodity Futures Trading Commission), which the Republican version assigned to it.

PropMarketCapExchanges 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

Coinbase has opened Deribit crypto exchange options and perpetual futures to US institutions

Coinbase has connected clients of its institutional Prime division to the Deribit platform: crypto options and perpetual futures, which were previously traded mainly outside US regulation, have become available to US funds and companies. The announcement was made on November 4.

PropMarketCapExchanges and infrastructure

Binance expanded proof of reserves to 44 tokens: crypto exchange hacked for $6.34 billion

The world's largest crypto exchange published an expanded reconciliation of client funds after a $6.34 billion theft and stated that it had replenished about 98% of the affected assets. Withdrawals, however, are not fully open.

PropMarketCapRegulation

Ukraine approved a law: 5% cryptocurrency tax and rules for exchanges from July 1, 2027

The relevant committee of the Verkhovna Rada supported bill No. 10225-d on regulating the crypto market - the document was prepared over three years. A second reading is ahead in November, with entry into force planned for July 1, 2027.

PropMarketCapExchanges and infrastructure

$133 million stolen from a project in Europe passed through the Kraken crypto exchange: accounts frozen

Kraken has restricted access to some accounts while an investigation is underway: assets allegedly stolen from one of the crypto projects in Europe arrived on the platform. The amount in question is more than $133 million; the name of the affected project is not disclosed.

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.

PropMarketCapRegulation

CFTC chair calls $6.3 billion Binance hack an argument for cryptocurrency regulation in the US

Michael Selig, chairman of the CFTC (the US derivatives market regulator), in an interview with CNBC on October 30 called the theft from Binance an argument in favor of federal rules for crypto exchanges operating outside the US.

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

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.

PropMarketCapExchanges and infrastructure

Hackers laundered $242 million in two days after the Binance crypto exchange hack, $3.24 billion is still with them

On October 29, about $6.36 billion was withdrawn from Binance across ten blockchains. $2.85 billion (44%) was frozen or seized, the remaining $3.24 billion sits in more than 950 attacker wallets, and part of it has already passed through mixers (services that mix coins to break the trail).

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.

PropMarketCapInstitutional players and funds

30,435 BTC left crypto exchanges in a week, but 80% of the volume came on the day of the Binance hack

From October 25 to 31, 30,435 BTC more were withdrawn from crypto exchanges than deposited - about $2.34 billion at the current rate. A week earlier the picture was the opposite: a net inflow of 3,434 BTC to the platforms.

PropMarketCapCrypto 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.

PropMarketCapExchanges 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.

PropMarketCapExchanges 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.

PropMarketCapExchanges and infrastructure

Binance recovers 90% of stolen funds: crypto exchange prepares for relaunch on November 1

After $6.3 billion was stolen from the exchange's wallets, Binance stated that it has returned about 90% of the withdrawn assets and aims to resume operations on November 1. Full cryptographic proof of reserves is promised by November 3.

PropMarketCapExchanges 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.

PropMarketCapExchanges 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.