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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

Tether claimed 150,000 BTC - that's 50,000 coins more than in its own report

Tether CEO (the company issuing the largest stablecoin USDT - a coin with an exchange rate pegged to the dollar) Paolo Ardoino cited a figure of 150,000 BTC, worth roughly $11.5 billion. The company's quarterly report lists about 100,000 BTC, and he did not specify where the difference came from.

PropMarketCapFRESHRegulation

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.

PropMarketCapFRESHInstitutional players and funds

Bitmine brought its holdings to 6.06 million ETH - that's 4.9% of all Ethereum

Bitmine Immersion Technologies, traded on the NYSE, bought another 8,573 ETH worth about $19 million last week and is closing in on its goal of holding 5% of all Ethereum coins.

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

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After $6.3 billion was stolen from the exchange's wallets, Binance stated that it has returned about 90% of the withdrawn assets and aims to resume operations on November 1.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

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.

PropMarketCapFRESHInstitutional players and funds

Strategy (formerly MicroStrategy): $19.53 billion profit for the quarter and $432 million in Bitcoin sales

Strategy (Michael Saylor's company, the largest corporate holder of Bitcoin) reported third-quarter 2026 results with net income of $19.53 billion versus $2.79 billion a year earlier. Almost all of it is paper: it is a revaluation of crypto reserves, not business income.

PropMarketCapFRESHCurrencies, commodities and indices

Europe to sell 42 million barrels from reserves over three months: what this means for oil prices

European countries will sell 42 million barrels of oil from strategic reserves over three months. France announced this, Bloomberg reports.

PropMarketCapFRESHRegulation

Ripple received a banking license in the US: cryptocurrency regulation has reached RLUSD reserves

The US Office of the Comptroller of the Currency (OCC, the regulator of national banks) has granted Ripple final approval to launch Ripple National Trust Bank. Now the $2.5 billion in RLUSD stablecoin reserves will be managed under federal oversight.

PropMarketCapFRESHExchanges and infrastructure

XRP reserves on crypto exchanges hit a yearly high: 6 billion tokens flowed in over 30 days

Over 30 days through October 19, 6.05 billion XRP were deposited to exchanges - the most since March. Total exchange reserves rose to 11.81 billion tokens, the 99th percentile for the year.

PropMarketCapFRESHInstitutional players and funds

SkyAI sold all of its SOL and allocated $201.3 million to buy back its own securities

SkyAI (formerly Sharps Technology) has completely exited its Solana reserves - more than 2 million SOL - and instead of buying coins, is launching a buyback of shares and warrants worth up to $201.3 million

PropMarketCapFRESHInstitutional players and funds

Strive Vivek Ramaswamy bought another 3,311 BTC in a week

Last week, Strive increased its Bitcoin reserves by another 3,311 BTC. The purchase became part of a corporate strategy of holding BTC on the balance sheet as a long-term reserve asset.

PropMarketCapFRESHInstitutional players and funds

Metaplanet raises $329M to free Bitcoin from collateral

Japanese Metaplanet announced the issuance of bonds worth ¥52 billion ($329 million). The funds will go toward repaying Bitcoin-backed loans and buying back shares, while the company does not plan to sell its 44,000 BTC.

PropMarketCapFRESHInstitutional players and funds

Record inflow into spot gold ETFs: $30.7 billion in a quarter

Global exchange-traded funds backed by physical gold attracted $30.7 billion in the third quarter of 2026. This is the largest quarterly inflow in the entire history of observations, and metal holdings in the funds hit an all-time high.

PropMarketCapFRESHInstitutional players and funds

Strategy bought only 250 BTC: purchase volume fell 84% in two weeks

Strategy added 250 BTC for $21.5 million in a week, whereas two weeks ago it acquired 1,665 BTC. At the same time, the company allocated $192 million to buy back STRC preferred shares, almost nine times more than for Bitcoin.

PropMarketCapFRESHCurrencies, commodities and indices

Inflows into gold funds hit a four-year high, gold price above $4,200

Gold is trading around $4,215 on Monday and holds above $4,200. The metal is supported by the largest inflows into gold ETFs in four years, central bank buying and a weaker dollar.

PropMarketCapFRESHCurrencies, commodities and indices

Fed minutes pushed gold price down to $4,066 - a two-month low

Gold declined after the publication of the minutes of the September Fed meeting. XAU/USD briefly dropped to $4,066, the lowest level in about two months, amid a stronger dollar and rising US bond yields.

PropMarketCapFRESHCurrencies, commodities and indices

IEA accelerates reserve sell-off: up to 100 million barrels could pressure oil prices

IEA countries have decided to accelerate the release of oil and petroleum products from state reserves. If the entire previously promised but not yet realized volume reaches the market, additional supply could amount to up to 100 million barrels.

PropMarketCapFRESHInstitutional players and funds

Whales added 86,702 BTC, the largest volume since March 1 left exchanges

Over the past three weeks, wallets with a balance of 10 to 10,000 BTC increased their holdings by 86,702 BTC, and their combined balance reached its highest level since April 23. At the same time, a large outflow of coins from exchanges continues.

PropMarketCapFRESHInstitutional players and funds

Nearly 40,000 BTC left Binance - the largest weekly outflow since June 2023

In the week to September 27, 23,137 BTC were withdrawn from Binance, and since September 20 the exchange's reserves have shrunk by almost 40,000 BTC. At the same time, large players increased the volume of stablecoins on the platform, creating a potential reserve of liquidity for future purchases.

PropMarketCapFRESHInstitutional players and funds

Strategy, formerly MicroStrategy, has 848,000 BTC, but it spent 6 times more on buying back its shares

Strategy bought 334 BTC for $28.7 million in a week, but allocated $176.3 million to buy back STRC preferred shares. The company now holds 848,000 BTC worth approximately $73 billion.

PropMarketCapFRESHCurrencies, commodities and indices

Strait of Hormuz closed - Brent crude price broke through $102 per barrel

Brent rose above $102 per barrel amid the continued closure of the Strait of Hormuz. The head of Saudi Aramco warned that tension in the oil market will intensify until the passage is restored.

PropMarketCapFRESHCurrencies, commodities and indices

Oil -3%: G7 releases 100 million barrels from reserves

G7 countries plan to release up to 100 million barrels of diesel fuel and crude oil from strategic reserves. On this news, oil fell by about 3%, but later the decline stopped due to persistent geopolitical risks surrounding Iran.