Binance has faced a major security incident. Estimates of the assets moved reach $6.3 billion.
What happened? 👇 1️⃣ The attack begins On October 29, large amounts of cryptocurrency began to be withdrawn from Binance wallets across various networks: BTC, ETH, SOL, TRX, and others.
2️⃣ How did it happen? According to the preliminary theory, hackers gained access to an employee’s laptop and infiltrated Binance’s internal system.
3️⃣ Scale The estimated amount of funds moved is about $6.3 billion. By comparison, the 2025 Bybit hack cost about $1.5 billion.
4️⃣ Were the funds saved? Tether, Circle, Ripple, and other companies joined in blocking the assets. Analysts estimate that about $3 billion has been frozen.
5️⃣ Who is responsible? TRM Labs links the attack to the TraderTraitor group, which is associated with North Korea. There is no definitive confirmation.
6️⃣ Binance’s response • Withdrawals have been temporarily suspended; deposits are working. • Security experts and law enforcement have been brought in. • Binance promises to cover confirmed losses with its own funds and the SAFU fund.
7️⃣ What should you do? Don’t panic, don’t click suspicious links, and follow official news.
18 years ago, an unknown person using the pseudonym Satoshi Nakamoto published a document titled "Bitcoin: A Peer-to-Peer Electronic Cash System," which would later change the way the world thinks about money.
The idea was revolutionary: to transfer money directly between people, without banks, intermediaries, or centralized control (something that seemed impossible at the time).
And then the story began: • January 3, 2009 — The Genesis Block was created. In it, Satoshi included a headline from The Times about yet another bank bailout. • January 12, 2009 — Hal Finney (an American programmer and cryptographer) received the first 10 $BTC from Satoshi. • May 22, 2010 — Laszlo Hanyecz paid 10,000 $BTC for two pizzas. And so Bitcoin Pizza Day was born. • 2011 — Satoshi stepped away from the project, leaving Bitcoin in the hands of the community. In his last email, he wrote: «I've moved on to other things. It's in good hands with Gavin and everyone».
And then came four halvings, global recognition, institutional investors, spot ETFs in the US, and even a Strategic Bitcoin Reserve in the US.
Happy 18th Birthday, Bitcoin! 🎂
One idea. One whitepaper. A whole new financial era.
Crypto has been falling sharply for the second day in a row. It’s interesting how quickly sentiment changes. A few green candles and everyone’s a market genius again. Two red days, and it already feels like the bull run is over.
But life is the same: a gloomy morning doesn’t mean the whole day will be bad.
Friday the 13th. Fun fact: some hotels even skip the 13th floor because of superstitions surrounding the number.
But superstitions can't stop the crypto market 😅
Liquidations reached $1.47B over the past 24 hours. It seems this really was a rough day for traders using high leverage.
Maybe now isn't the time to rush. I prefer spot trading, patience, and preserving capital. Better to miss a bounce than get caught in the next wave of liquidations.
Of course, this is just my view of the market, not financial advice. Everyone should assess the risks for themselves.
What do you think—is this already a buying opportunity, or is the market preparing another unpleasant surprise? What are your levels for $BTC ?
🇹🇭 Thailand takes another step toward the real-world adoption of cryptocurrencies
The WORPT app has launched, allowing tourists to pay for purchases using $USDT and $USDC
How does it work? • Top up the app with stablecoins • Cryptocurrency is converted into Thai baht • Scan a regular PromptPay QR code • Pay for purchases in shops and restaurants
Merchants receive regular baht, not cryptocurrency. Tourists also don’t need to open a local bank account.
What’s most interesting is that businesses don’t need to accept crypto themselves—it all happens in the background.
This is what the real-world adoption of cryptocurrencies in everyday life could look like.
Friday the 13th. Fun fact: some hotels even skip the 13th floor because of superstitions surrounding the number.
But superstitions can't stop the crypto market 😅
Liquidations reached $1.47B over the past 24 hours. It seems this really was a rough day for traders using high leverage.
Maybe now isn't the time to rush. I prefer spot trading, patience, and preserving capital. Better to miss a bounce than get caught in the next wave of liquidations.
Of course, this is just my view of the market, not financial advice. Everyone should assess the risks for themselves.
What do you think—is this already a buying opportunity, or is the market preparing another unpleasant surprise? What are your levels for $BTC ?
Rewards in one of these tokens: $KGEN, $VELO, or $VELVET. No claim required and no Alpha Points deduction!
Other important updates: • Instant Orders are now available on all supported networks. • Deposits and withdrawals are available through BSC, ETH, BASE, and ARBITRUM. • Airdrops and trading competitions are back starting today!
It’s great to see Binance Alpha picking up activity again and preparing new opportunities for the community. There’s plenty more to come!
Binance Alpha has decided to thank its community with a nice bonus!
While the platform undergoes an update, Binance has prepared a giveaway of 350,000 $USDC
Who can receive a share of the rewards? Anyone with at least 200 Alpha Points as of November 6, 23:59 UTC.
What’s important: 🔹 Your points stay with you. 🔹 There’s no need to register. 🔹 The reward will be credited automatically.
They promise to share the payout details later.
It’s nice that Binance hasn’t forgotten about its active community. So if you have 200+ Alpha Points, you’re already among those who could receive a bonus.
💰 Predictfun Project Pre-TGE Prime Sale $PREDICT on Binance Web3
IDO Details: • Allocated for the sale: 20,000,000 $PREDICT (2% of the total supply) • Fundraising target: $5,8 million in $BNB • $PREDICT price: $0.29 in $BNB • Account limit: up to 6 $BNB
📆 Subscription: October 29, from 08:00 to 10:00 UTC
The minimum number of Alpha Points required to participate will be announced before the sale.
🚨 Imagine waking up, opening your crypto exchange… and your money is gone.
November 11, 2022, went down in crypto history. FTX, an exchange valued at $32 billion, filed for bankruptcy in the United States.
What happened? 🔻 Customers rushed to withdraw their funds. 🔻 In 72 hours, around $6 billion was attempted to be withdrawn from the platform. 🔻 Binance backed out of a deal to rescue FTX. 🔻 Founder Sam Bankman-Fried stepped down as CEO.
The exchange giant effectively collapsed in a matter of days.
💡 A safety rule: don’t put all your eggs in one basket.
📉 BTC continues to test our patience. 🏦 The Fed is adding uncertainty. 💸 ETF funds are seeing capital outflows. 🔺 RWA continues to develop beyond the hype.
🧩 Easter egg of the day: The market is telling a story. Most people are just reading the wrong chapter.
1️⃣ Binance tightens restrictions on MEXC: • Following FinCEN's decision to designate MEXC as a Primary Money Laundering Concern, Binance is introducing additional checks. • Transfers between Binance and MEXC, including affiliated entities, may be rejected, and funds and accounts may be temporarily restricted.
2️⃣ iPhone users, take note! • A vulnerability called worse_query has been discovered in iOS, which could allow malicious apps to access files belonging to other apps. • Seed phrases, private keys, and passwords may be at risk.
What to do: Delete apps from untrusted sources. Update iOS and your apps. If you suspect a breach, transfer your funds to a new wallet using a clean device.
Asset security isn't just about using a reliable exchange—it's also about your own digital hygiene.
🚨 Trump continues his massive Bitcoin accumulation!
The U.S. president’s company has officially disclosed information about its crypto assets:
🪙 It holds 15,649 $BTC , with a total value of about $1.17 billion.
📈 An additional 1,510 $BTC worth $113 million was purchased in the third quarter alone.
While the market is gripped by panic and short-term volatility, major players are preparing for a new bull market. Could this signal a trend reversal? We’re keeping an eye on developments!
Some people panic over the drop, some wait for a new high, and some simply watch calmly. But the market often shows more than meets the eye. Today, it’s worth looking not only at $BTC , but also at how other market participants are behaving.
And a little morning riddle: What gets bigger when it’s sold, and disappears when everyone wants to buy it?
Maybe the answer is simpler than it seems. 😉
Don’t rush your decisions. Sometimes patience brings more than dozens of trades.
Have a great Tuesday! Pay attention to the details.
P.S. The photo for this post didn’t quite work out 😅 So I decided to use this one. Hopefully the photo will catch your interest, if the post itself doesn’t 😂
Sometimes the market doesn’t move to surprise us. It moves to show who ended up on the wrong side.
Over the past 24 hours: • Liquidations: $1.02 billion • Longs: $921.29 million • Shorts: $102.09 million
Almost 90% of the losses came from those expecting prices to rise. And now, a question worth thinking about: If so many traders were expecting the same move, who was left to buy when they were forcibly closed out? Perhaps the main story isn’t the direction of the price move, but the liquidity behind it.
♟️ And a little Monday riddle: • In chess, the most dangerous move isn’t always the one you see. • Sometimes you only notice the trap when it’s too late. The market plays its own game, too.
Are you looking at the whole board, or just the candles? 👀
The morning starts with news again, and there’s still no sign of calm in the market 😅
🔸 MEXC - serious allegations from US authorities. 🔸 Binance - security concerns are back in the spotlight. 🔸 $BTC - pressure continues, and liquidity has yet to return. 🔸 Stablecoins - regulators are tightening the screws.
The morning starts with news again, and there’s still no sign of calm in the market 😅
🔸 MEXC - serious allegations from US authorities. 🔸 Binance - security concerns are back in the spotlight. 🔸 $BTC - pressure continues, and liquidity has yet to return. 🔸 Stablecoins - regulators are tightening the screws.
Starting my day with coffee and my usual look at the crypto market. Crypto is never boring (well, maybe sometimes 🤑), but over time you realize you don’t need to react to every market move or chase every opportunity. Sometimes the best thing to do is simply stop, observe, and wait for the right moment.
My focus today is to keep learning, stay consistent, and not give in to FOMO. Small steps every day add up to big results over time.
How do you start your day? Already looking for new opportunities, or just watching the market for now?
Binance Alpha has decided to thank its community with a nice bonus!
While the platform undergoes an update, Binance has prepared a giveaway of 350,000 $USDC
Who can receive a share of the rewards? Anyone with at least 200 Alpha Points as of November 6, 23:59 UTC.
What’s important: 🔹 Your points stay with you. 🔹 There’s no need to register. 🔹 The reward will be credited automatically.
They promise to share the payout details later.
It’s nice that Binance hasn’t forgotten about its active community. So if you have 200+ Alpha Points, you’re already among those who could receive a bonus.
Starting my day with coffee and my usual look at the crypto market. Crypto is never boring (well, maybe sometimes 🤑), but over time you realize you don’t need to react to every market move or chase every opportunity. Sometimes the best thing to do is simply stop, observe, and wait for the right moment.
My focus today is to keep learning, stay consistent, and not give in to FOMO. Small steps every day add up to big results over time.
How do you start your day? Already looking for new opportunities, or just watching the market for now?
The morning starts with coffee, catching up on the news, and of course, checking the market. Autumn is already making itself felt, and in crypto, as always, there are hardly any truly quiet days.
Lately, I’ve been trying to react less to every move on the chart and focus more on the big picture. There’s not always a need to rush anywhere. Sometimes the best decision is simply to wait and stay focused.
Wishing everyone a great mood, green portfolios, and a few more good news stories today.
How does your morning start? 👀
#Crypto #Bitcoin #Web3 #GM #bnb
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