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UNIA hacker linked to Binance sold 908,793 PROM tokens, worth about $5m, into a near-empty Uniswap V2 pool and received only 0.0316 ETH, roughly $71, according to Lookonchain.
The story so far: Binance hot wallet hack
Attackers drained a Binance hot wallet worth more than $2.5bn and Binance suspended withdrawals on 30 Oct. Binance says it recovered 95% of the stolen assets and is resuming withdrawals in phases, restoring POL, USDT and USDC on Polygon and AVAX, USDT and USDC on Avalanche C-Chain. Binance now says withdrawal levels…
Allora freezes ALLO stolen in Binance incident and returns it in full
Allora says its network and ALLO token contract are secure, and that it used an emergency protection mechanism to freeze ALLO stolen from Binance so the attacker cannot transfer or sell it. The stolen tokens are being returned in full to Binance and total supply is unchanged.
Gate CEO Lin Han calls for crypto security alliance and 48-hour withdrawal delay
Gate founder and CEO Lin Han called for an industry security alliance with common standards, intrusion detection and emergency response, citing the Binance incident and its roughly $6.3bn loss. Gate proposed split-key vaults and a 48-hour delay on vault withdrawals, and said it has flagged the hacker addresses.
Trump says US investigating Binance hack, unsure on North Korea link
President Donald Trump said the US is investigating the Binance hack and does not yet know whether North Korean hackers were to blame. Binance says it has largely contained the situation and will recover the funds, he told reporters at the White House.
Regulation
ChainCatcherAIBearish
Binance says it aims to resume withdrawals in stages within about 34 hours
Binance's co-CEOs He Yi and Richard Teng said the exchange aims to begin phased withdrawal restoration within about 34 hours, subject to security checks. Binance has set aside over $6.34bn, including $5bn in the same tokens as those stolen, covering about 80% of the affected amount, with a first proof-of-reserves snapshot due within 12 hours and results on 2 November.
Altcoins
Binance says investigation found further intrusion points in systems and hacked laptop
Binance's co-CEO says the attack, lasting about 20 minutes, involved a compromised laptop and malware designed to delete evidence, and that its investigation found other intrusion points in its systems and on the laptop. Kraken and Coinbase told customers their crypto remains safe.
Regulation
OdailyAIBearishYi He says Binance publishes trading, fee and BNB burn data
Responding to community claims that Binance's losses were an inside job, Yi He said trading volumes, fees, user numbers and quarterly BNB burns are public, and that AAVE staking is outside the frozen assets. She said $60m staked in AAVE is not among Binance's frozen funds, and releasing that excess collateral through formal procedures could cut losses by $14m.
Axel Adler Jr. says Bitcoin is testing short-term holders' cost basis
CryptoQuant analyst Axel Adler Jr. says Bitcoin is testing the cost basis of short-term holders, and that the market's reaction to the Binance hack has so far been restrained, with Bitcoin showing more resilience than during the FTX collapse.
Address tagged as Binance hacker moves 120m TRX worth over $38m
An address tagged as the Binance hacker moved 120 million TRX tokens worth about $38.5m roughly 20 minutes earlier, according to Arkham, and the tokens were then sent on to several addresses.
Coinbase and peers tighten security after Binance theft, Coinbase's Lunglhofer says
After a $6.3bn theft at Binance, Coinbase has partly adjusted its cold storage system 'purely out of prudence', chief security officer Jeff Lunglhofer said. Gemini added transfer alerts and limits, Kraken said services are normal, and Coinbase is upgrading phone protections against scam calls.
Bitwise's Matt Hougan says Binance hack will not affect Bitcoin's price
Bitwise chief investment officer Matt Hougan said on CNBC that the Binance hack will not affect Bitcoin's price or its long-term direction, noting the blockchain itself was not hacked. He expects the market to recover within a week.
Researchers say AI agents are speeding up cyberattacks as Binance puts incident impact at $6.3bn
Researchers say attackers are using autonomous tools to automate phishing, vulnerability research and credential theft, with Google reporting a 2026 case of mass credential theft in under six hours. Binance estimates its 30 Oct incident caused $6.3bn of impact, while Bitget's September incident involved about $388m moved to attacker-controlled addresses.
SlowMist's Yu Xian says Lido seven-day APR rose to 4.2% after Binance hack
SlowMist founder Yu Xian says Lido's seven-day average annual percentage rate climbed from 2.2% to 4.2% over two days. He attributed the rise to intense on-chain competition triggered by yesterday's Binance hack, which lifted Ethereum execution-layer rewards and benefited stETH holders.
Binance says it has restored 90% of assets lost in $6.34bn hack
Binance says it has restored 90% of the $6.34bn in on-chain losses from a hack, with BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC fully reserved. It says SAFU will be restored to $1bn and the remaining less liquid altcoins are being bought back in stages.
Binance SAFU fund address moves 7,500 BTC
On-chain data shows the Binance SAFU fund address sent out 7,500 BTC in three transactions at about 10:30 and 02:48 UTC, leaving a balance of 7,500 BTC worth about $580m. The transfers may relate to Binance's asset backfill.
Hacker pays about $119m 'panic tax' swapping stolen funds
A hacker who stole billions in crypto paid roughly $119m in fees while swapping tokens, with an Ethereum block builder collecting more in one day on 30 Oct than Tether did, according to DefiLlama data that its system initially flagged as bad.
Ethereum
Chainalysis says Ethereum reorg caused THORChain pause that slowed Binance fund laundering
Chainalysis said an Ethereum reorg on the morning of 31 October (ET) made THORChain double-refund a user who deposited 10 ETH, prompting an emergency pause that halted swaps on most of its bridges, incidentally slowing laundering of stolen Binance funds. THORChain's status interface shows 12 of its 13 listed chains still paused, with outbound signing enabled on most.
He Yi says Binance will use 50% of SAFU fund to cover losses
He Yi said on X that 50% of the funds in Binance's SAFU fund address will be allocated to cover the losses, with the remaining 50% kept in the fund. Details of the address were published in an announcement.
FBI says North Korea behind theft of over $6bn in Binance crypto assets
The FBI said North Korea was responsible for the theft of more than $6bn in virtual assets from Binance around 29 October, calling the activity "TraderTraitor". It said attackers mainly swapped the assets into ETH and are expected to launder them through DeFi and instant-exchange services, and published hundreds of related ETH, BTC and SOL addresses.
Regulation
OdailyAIBearishTrump says US would talk to North Korea if it is behind Binance hack
President Trump said the US is looking into the Binance hack and does not know whether North Korea is responsible, but would talk to Pyongyang if it is, in remarks shown in a White House rapid response video.
Regulation
THORChain co-founder Chad Barraford says THORNode data is publicly available after FBI request
Responding to the FBI's call for THORNode operators, RPC node operators and DeFi platforms to block transactions linked to the Binance attacker, THORChain co-founder Chad Barraford said the information THORNode operators hold is no more than what is publicly available in real time, so law enforcement needs no subpoena.
Regulation
OdailyAIBearishBinance says it has covered $6bn of hack losses
Binance says it has now covered $6bn of the losses caused by the hack. It previously said about 90% of affected assets had been backfilled, up from 80%, with BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC all fully backed at 100%.
Yi He says Binance's emergency team works round the clock after hack reports
Yi He said on X that Binance's emergency-response departments operate 24-hour shifts and that colleagues spotted the anomaly and began handling it before she learned of the situation on X and joined the response.
Binance plans to restore first-phase withdrawals from 14:00 to 09:00 UTC on 1 Nov
Binance said it plans to restore first-phase withdrawals between 14:00 and 09:00 UTC (06:00-09:00 UTC) on 1 Nov, starting with networks and assets including BTC, ETH, BNB, TRX, SOL, XRP, ZEC, DOGE, TON, POL, AVAX, ARB, BASE, OP and SUI.
Binance to resume withdrawals in phases after security issue
Binance said it will resume withdrawals in phases, with the first stage due to begin between 6:00 and 9:00 UTC today. The exchange had said on 30 Oct that it was temporarily suspending withdrawals until a security issue was resolved.
Binance to resume first-phase withdrawals between 14:00 and 17:00 on 1 November
Binance plans to resume first-phase withdrawal services between 14:00 and 09:00 UTC on 1 November, gradually reopening withdrawals for a list of networks and assets.
Zhao Changpeng says US agencies helped track and freeze stolen Binance funds
Binance co-founder Zhao Changpeng says the FBI, US Secret Service and IRS helped track and freeze funds from the Binance theft, which he credits as a key reason Bitcoin did not fall further. The FBI has said North Korea was responsible for the theft of more than $6bn in virtual assets from Binance, with attackers mainly converting the funds to ETH.
Regulation
Binance says Bitcoin network is first restored for withdrawals after security incident
Binance says the Bitcoin network is the first to have withdrawals restored in phases after a security incident, with the first stage running from 14:00 to 09:00 UTC on 1 November and other networks and assets to follow after safety checks.
Bitcoin
Binance says withdrawals on 15 networks will resume in phases, starting with Bitcoin
Binance staff member Eowyn said withdrawals would resume in phases across 15 networks, with the Bitcoin network first. Early delays are likely to reflect traffic congestion rather than a system failure, she said.
Binance updates proof-of-reserves address list, moves withdrawals to new wallets
Binance says it has updated its proof-of-reserves address list to include newly generated wallet addresses, and that all future withdrawal transactions will be processed through these new wallets as part of its security response.
Binance attacker sells over 130 altcoins on EVM chains, Lookonchain says
Lookonchain says the Binance attacker sold more than 130 altcoins on EVM chains alone, obtaining 123,400 ETH ($277m) and $1.69m in USDC, a total of about $279m.
He Yi says Binance withdrawals are running smoothly for now
He Yi said on X that Binance withdrawals are generally running smoothly, though heavy demand could cause congestion before service returns to normal. She urged users to check addresses and confirm the safety of new devices and environments before withdrawing.
Altcoins
Binance restores some withdrawals on Ethereum and BNB Smart Chain
Binance says it has restored withdrawals of USDC, USDT and ETH on Ethereum and of USDC, USDT and BNB on BNB Smart Chain. It will keep bringing back other assets and networks in stages as security checks are completed, with updates through official channels.
Stablecoins
OdailyAIBullishBinance says it has recovered 95% of assets stolen in hack
Binance says it has covered 95% of the assets stolen in a hack and warned of temporary withdrawal delays once services resume.
Altcoins
BloomingbitAIBearish
Yi He says Binance is working with US firms and law enforcement to recover stolen assets
Binance co-founder Yi He said the exchange needs to work with US companies to freeze and recover assets, and that US law enforcement has acted with high efficiency, with information in globally watched cases strictly verified and evidence-based.
Regulation
OdailyAIBullishAddress tagged as Binance hacker moves 485,270 SOL worth about $46.2m
Arkham monitoring shows an address tagged as the Binance hacker transferred 485,270 SOL, worth about $46.2m, to another address.
Binance restores withdrawals on DOGE and Optimism networks
Binance says withdrawals are working again on the DOGE network and the OP (Optimism) network, where ETH, USDT and USDC can be taken out. That brings partial-asset withdrawals back on seven networks, with more to follow in phases.
Symbiosis says it spotted attempt to move Binance hack funds through its protocol
Cross-chain protocol Symbiosis says it detected an attempt to move funds linked to a recent Binance security incident through its platform and is working to block it, having contacted Binance. BlockSec analysis had earlier shown some stolen TRX bridged to Ethereum via channels including Symbiosis.
Binance restores POL, USDT and USDC withdrawals on Polygon
Binance has restored withdrawals of POL, USDT and USDC on the Polygon network and of AVAX, USDT and USDC on the Avalanche C-Chain. The exchange says it will bring back more assets and networks in phases once security checks are complete.
Stablecoins
OdailyAIBullishBinance says withdrawal levels stabilising at normal, expected on-chain activity
A Binance spokesperson said withdrawal levels are stabilising back to what the exchange considers normal and expected on-chain activity, with withdrawals a very small share of assets under management.
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