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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.
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.
By the morning of Wednesday, October 28, BTC had risen almost 2% and came right up to $81,000, recovering the weekend when the price dropped to $79,000. But the main move was not in it: altcoins from the top ten outperformed Bitcoin across the board.
From October 19 to 23, spot Bitcoin ETFs in the US (exchange-traded funds through which Bitcoin is bought like an ordinary stock) attracted $304.73 million, although $635.49 million was withdrawn from them on Wednesday alone. Ethereum funds closed the week with an outflow of $220.6 million.
US spot exchange-traded funds (ETF - a fund through which an asset is bought like a regular stock on an exchange) lost $549 million over the past week. Outflows from Ethereum funds in October reached $955 million - the worst month of 2026.
