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Binance has reserved more than $6.34 billion of company funds to cover losses from its recent security incident and has begun restoring affected assets to users, the exchange said in an update. The reserve exceeds Binance’s earlier estimate of about $6.3 billion in affected assets, and does not count a further $3 billion already frozen with the help of industry partners.$5 Billion Already Held in the Affected TokensOf the reserve, $5 billion is already held in the exact token assets that were affected, Binance said. The exchange is buying the remaining roughly $1.34 billion through market and over-the-counter (OTC) channels, so that users are repaid in the same tokens they lost. Binance said this step may take longer, because some tokens have low liquidity and OTC trades take time to settle.$3 Billion Frozen and Recovery UnderwayBinance said about $3 billion has been frozen so far and it is working with law enforcement, token issuers, blockchain intelligence firms and industry partners to trace, freeze and recover more. Frozen and protected assets are not included in the reserve figures and remain subject to recovery and verification. The exchange said it will continue using company resources to cover any confirmed shortfall.Public Verification Through Proof of ReservesAll user funds will ultimately be verified publicly through Binance’s Proof of Reserves, the exchange said, adding that it will share further verified updates as recovery progresses. “We will weather this storm,” Binance said. “Thank you for the support.”

Binance has shared new details about how Thursday’s security incident unfolded. The exchange said the attack began with a compromised employee laptop and was carried out through several additional points of entry uncovered as its investigation progressed. In updates on Friday, October 30, Binance said it has found no evidence that wallet private keys were leaked, and that all user losses will be fully covered.A Multi-Stage Attack, Not a Single BreachBinance’s initial findings pointed to a compromised laptop belonging to an employee as the starting point. Its subsequent investigation has identified additional points of breach, showing the incident went beyond one device. The exchange said the attack could not have been completed from a single machine, and that no individual engineer’s permissions could have been used to move the funds in “one click.” The theft involved a more complex, multi-step process.Attacks on crypto institutions are typically highly targeted and use sophisticated methods to infiltrate systems, Binance said. Its investigation has not attributed responsibility to any individual, and the company said it will take responsibility and continue upgrading its security.What the Attackers Did Not ReachBinance said it has found no evidence that wallet private keys were compromised. Outflows stopped as soon as the exchange paused withdrawals, cutting off further movement of funds.Tracing and Freezing the FundsBinance estimates the incident affected about $6.3 billion in assets. About $3 billion has been frozen so far, nearly half of the total, and the exchange is working with partners to freeze more. Because fund flows on the blockchain are publicly traceable, Binance is working with law enforcement and blockchain intelligence firms to track the remaining assets.User Funds Are ProtectedBinance said user funds are safe and users will not bear any losses. All losses will be covered in full by its Secure Asset Fund for Users (SAFU) and company funds. Deposits have stayed open and unaffected throughout, and withdrawals remain on track to resume in about 45 hours, with exact timing to be confirmed in an official announcement.A Full Report to FollowThe investigation is ongoing, and Binance said it will share verified details as they become available. Once its review is complete, it plans to publish a full account of the incident and the further security measures it is putting in place. Binance also urged users to rely only on official channels, as phishing links and fake support accounts often appear after security incidents.

Binance said deposits remain unaffected and are operating as normal, while withdrawals stay paused as its team completes a security overhaul of the withdrawal service and related addresses. The exchange said in an X update that it expects withdrawals to resume within 48 hours and will provide further details.
The incident stems from multiple factors, according to the announcement. The security team is tracing the full attack path through a compromised computer that may have been the entry point. A comprehensive report setting out the root cause will follow.
Binance said it will continue to share updates through its official channels.

Hackers divided Bitcoin among 19 wallets, 17 of which received 1,000 BTC each. According to ChainCatcher, another wallet received 832.5 BTC, while the final wallet received 437.7 BTC. At the latest check, all 19 wallets still held their full balances, and subsequent transactions could be tracked on-chain.

The US bitcoin premium index, which tracks the price gap between bitcoin on a major US exchange and other exchanges, has fallen to its lowest level in four years, CryptoQuant CEO Ki Young Ju said on Friday, October 30. A deep negative premium signals weak US demand. Ki Young Ju said bearish sentiment has now reached a level that could act as a contrarian bullish signal. Bitcoin fell as low as about $76,460 on Friday before recovering toward $78,500.

Amazon shares fell about 7% in premarket trading on Friday after the company reported third-quarter results that missed Wall Street expectations for revenue and earnings, while capital expenditures continued to climb amid its aggressive AI expansion.
Revenue for the quarter ended September 30 rose 12% year over year to $201.9 billion, slightly below analysts' expectations of approximately $202.2 billion. Diluted earnings per share came in at $1.89, compared with the $1.97 consensus.
The results highlighted a growing divide within Amazon's business: strong cloud growth contrasted with slower e-commerce and advertising sales, while mounting AI-related expenses raised questions about returns on investment.
AWS Growth Accelerates as AI Demand Fuels Cloud Expansion
Amazon Web Services (AWS) remained the standout performer, with revenue climbing 39.3% year over year to $45.98 billion, beating analysts' expectations of $45.29 billion, according to StreetAccount. Growth accelerated from approximately 37% in the second quarter, marking AWS's fastest expansion in nearly five years.
AWS operating income increased 55% to $17.77 billion, accounting for nearly 23% of Amazon's total revenue and the majority of its quarterly operating income.
CEO Andy Jassy said revenue from AWS's core computing and storage businesses had grown at their fastest pace in several years, indicating that demand extends beyond AI workloads.
Amazon has been expanding its cloud infrastructure and strengthening relationships with major AI developers, including Meta and OpenAI. Jassy said the company expects AWS revenue to grow more than 40% in both 2027 and 2028, potentially becoming a trillion-dollar business within the next five to 10 years.
Competition is also intensifying. Alphabet and Microsoft have reported accelerating cloud growth as demand for AI computing capacity increases. Amazon is also preparing to make its in-house Trainium AI chips available outside its cloud infrastructure in late 2027, following strong customer demand.
E-Commerce and Advertising Growth Lose Momentum
Amazon's retail and advertising businesses delivered weaker growth. Online store sales increased just 2% year over year to $68.47 billion, while advertising revenue rose 11% to $19.64 billion.
However, the timing of Prime Day complicated the comparison. This year, the shopping event took place in the second quarter in most major markets, whereas it fell in the third quarter in 2025. Amazon estimated that without this calendar shift, its overall third-quarter revenue growth would have been approximately four percentage points higher.
Jassy also pointed to continued growth in grocery sales and faster delivery as signs of underlying strength in the retail business. Grocery sales, including fresh food and everyday essentials, have been expanding faster than Amazon's broader store business.
Still, the slowdown in reported online sales and advertising growth added to concerns about the company's core retail operations, even as AWS benefits from surging AI demand.
AI Investment Drives Cash Flow Concerns
The biggest concern for investors was Amazon's spending. The company invested approximately $75.9 billion in capital expenditures during the third quarter, primarily to expand data centers and AI infrastructure.
Amazon maintained its full-year 2026 capital expenditure forecast of approximately $220 billion, while Jassy indicated that spending would increase meaningfully again in 2027.
The investment has weighed heavily on cash generation. Free cash flow over the trailing 12 months turned negative, reaching an outflow of $42.4 billion, compared with a positive $14.8 billion a year earlier. Amazon attributed the decline primarily to increased purchases of property and equipment.
Jassy defended the spending, arguing that strong AWS demand supports continued infrastructure investment and that the company expects attractive returns over time. However, investors are increasingly looking for evidence that AI spending can translate into sustainable revenue and cash flow growth.
Amazon expects fourth-quarter revenue of $240 billion to $247 billion, compared with analysts' expectations of approximately $244.5 billion. Its operating income forecast of $28.5 billion to $33.5 billion also came in slightly below the roughly $33 billion analyst estimate at the midpoint.
For Amazon, AWS growth remains a powerful long-term driver, but investors will be watching whether that momentum can justify the company's increasingly ambitious AI spending plans.

A Polymarket trader known as Car said about $800,000 in assets was stolen from their account and all positions were sold; a friend’s account lost about $600,000. According to Odaily, multiple users reported suspected attacks on the website’s front end, unauthorized asset transfers, losses of about $200,000, and unauthorized withdrawal-signature requests on the official site. Polymarket had not responded as of publication. In June, a breach at a third-party provider led to a phishing attack targeting Polymarket’s front end, resulting in about $2.94 million in user losses.

South Korea’s KOSPI fell 209.62 points, or 3.53%, to close at 5,728.04 on Friday, October 30, slipping back below 6,000 two days after its rally on SK Hynix’s results. SK Hynix fell about 7% and Samsung Electronics about 3%. In Tokyo, the Nikkei 225 dropped 1,369.36 points, or 2.12%, to 63,290.11, weighed down by electronics stocks.

Spot Brent crude briefly eased to about $116 a barrel on Friday, October 30, and was last at $115.87, still up 0.9% over 24 hours, according to market data. Brent has climbed about 5% since Monday, when it traded near $110, and is about $1 below last Friday’s high near $117.

On Oct 30, 2026, 11:57 AM(UTC). According to Binance Market Data, BNB has dropped below 700 USDT and is now trading at 699.909973 USDT, with a narrowed 5.43% decrease in 24 hours.

Spot silver fell below $51 an ounce on Friday, October 30, trading at $50.979, according to market data. The metal is down 3.5% over 24 hours, a drop of about $1.85 from roughly $52.83.

Metaplanet CEO Simon Gerovich expressed support on Friday, October 30, for Binance and the teams working to resolve its security incident, saying industry participants should unite and cooperate at times like these. Gerovich stressed that the incident did not affect Bitcoin itself, noting the network has operated normally under its established rules since 2009.

Leveraged crypto traders had $1.53 billion in positions forcibly closed over the 24 hours to Friday morning in Asia, according to CoinGlass, as bitcoin, ether and smaller tokens fell. Traders betting on higher prices took the brunt: long positions made up 83.8% of the total, or about $1.29 billion. A rebound has since begun catching traders on the other side.Most of the Damage Came in 12 HoursAbout $1.37 billion of the liquidations, including $1.23 billion of longs, came in the latest 12 hours. The sell-off followed Thursday’s security incident at Binance, which the exchange estimates affected about $6.3 billion in assets. Binance has pledged to cover affected users’ losses and suspended deposits and withdrawals while it runs security checks.Bitcoin fell as low as about $76,460 before recovering toward $78,500. Ether traded around $2,240 after dipping below $2,200, while SOL, XRP and dogecoin also fell.How Liquidations Add to SellingLeveraged traders put up only a fraction of a position’s value as collateral. When prices move far enough against them, the exchange closes the trade automatically to prevent further losses. Closing a long generates a sell order, which adds pressure when prices are already falling.Bitcoin and Ether Made Up More Than HalfBitcoin positions accounted for about $499 million of liquidations and ether $358 million, together more than half the total. Solana followed at $82.6 million, XRP at $38.1 million and dogecoin at $18.6 million. The Rebound Turns on Short SellersAs prices recovered, traders betting on further declines began to be squeezed. Shorts accounted for $57.3 million of the $85 million liquidated in the latest four hours, and about 95% of liquidations in the latest hour, $20.6 million of $21.6 million. Closing a short requires buying back the position, so forced short closures can add to buying pressure as prices rise.

First Digital has blacklisted an attacker address holding about 3.4 million FDUSD. According to Foresight News, on-chain analyst Specter reported the action.

Crypto exchanges in Brazil must submit license applications by Friday to continue operating while their applications are reviewed, a process that could take up to two years. According to Odaily, firms that miss the deadline must stop providing services within 30 days starting Friday; from November 6, banks and payment institutions will also be barred from conducting crypto transactions with unauthorized service providers.
The Central Bank of Brazil (Banco Central do Brasil, BCB) introduced a crypto regulatory framework in November 2025 requiring service providers to verify the origin and destination of crypto transfers, including transfers involving self-custody wallets. The rules also cap certain international crypto transfers at $100,000 when the counterparty is not authorized to operate in Brazil’s foreign exchange market. Exchanges have raised questions about wallet identification, the interpretation of transfer limits and transaction-reporting thresholds.
Fabio Cendão, founding partner of Brazilian law firm FCM Law, said applying is only the start of the process. Compliance also involves substantial capital requirements, technical certification, custody audits and anti-money-laundering controls. Minimum capital requirements range from 10.8 million to 37.2 million Brazilian reais, depending on the services offered. Cendão said the costs could make compliance difficult for smaller exchanges.

According to Jin10, U.S. President Donald Trump said the Iran war would end soon, one way or another.

Grayscale's HYPG has listed on Nasdaq, giving investors exposure to the HYPE token and supporting staking. According to ChainCatcher, the fund began trading on June 3, charges an annual sponsor fee of 0.29%, and held $186.9 million in assets as of October 28.

Aave said on X that it will continue monitoring the situation and unfreeze all previously frozen V3 and V4 DAO operational markets as soon as possible. According to Odaily, the markets were frozen earlier.

Strategy's Michael Saylor said bitcoin treasury companies are buying BTC at 1.6 times the amount miners produce, creating a supply shock. According to Odaily, Saylor said rising demand for BTC is pushing prices higher and improving the companies' credit and equity positions, enabling them to raise more funds and buy more BTC. He described the companies as cooperating in a virtuous cycle rather than competing with one another.

On Oct 30, 2026, 05:03 AM(UTC). According to Binance Market Data, BNB has crossed the 720 USDT benchmark and is now trading at 720.309998 USDT, with a narrowed narrowed 4.76% decrease in 24 hours.

Machi Big Brother was liquidated eight times in six hours, and all positions were closed. According to Foresight News, Lookonchain reported that his Hyperliquid account had just $1.50 remaining.

Lisk, an Ethereum Layer 2 network, advised all LSK liquidity providers to temporarily withdraw liquidity from the ETH/LSK pool on Uniswap. According to Foresight News, the team will notify users when to add liquidity again.

An X user identified as DaN’SKi said Polymarket requires users affected by a security incident to disclose personal information and sign a legally binding agreement before receiving their funds. According to ChainCatcher, DaN’SKi said the requirement conflicts with the platform’s earlier promise of full compensation and questioned its legality; screenshots attached to the post showed a sample settlement and release agreement.
On Oct. 29, Polymarket said on X that a third-party service provider for its international platform, Polymarket.com, had been compromised, that the issue was identified and fixed, and that the incident had been referred to law enforcement. The platform said affected users would receive full compensation. After pausing trading, Polymarket announced that trading had fully resumed and said it would reimburse all affected traders.
CNBC reported that Polymarket told users on Discord that funds for users with losses below $10,000 would be restored by Oct. 30, while users with greater losses would need to sign a release agreement to receive compensation. Data analysis from Betting Intelligence and Polysights cited by CNBC showed that one account withdrew at least $2.7 million from 710 wallets that day. People familiar with the matter told CNBC that the incident stemmed from a breach of DebugBear, a website performance monitoring service, and that Polymarket referred it to UK law enforcement. Polymarket’s U.S. platform was not affected. In June, Polymarket also said a third-party vendor had been breached and pledged to refund affected users.

According to Jin10, U.S. President Donald Trump said inflation had fallen sharply under his leadership, people’s and businesses’ incomes had risen sharply, and America’s golden age had arrived.

Michael Saylor said on X that Strategy reported operating profit of $21 billion in the third quarter of 2026, its highest for any quarter. According to Odaily, the company also raised $21 billion through financing year to date, said STRC had returned to normal, and held 848,517 bitcoin, up 26% from the start of the year.

The Shiba Inu team urged traders to take care after a $20 million liquidation wave hit SHIB within 24 hours. Longs absorbed $12.9 million of the total, according to BeInCrypto, while shorts lost roughly $7 million. Bullish bets outnumbered bearish ones 2.71 to 1, and futures volume reached $49.3 million versus $10.8 million in spot turnover. Exchanges recorded a net inflow of about 92.07 billion SHIB over 24 hours.

Trezor said its security team considers a Trezor Safe 5 hardware wallet purchased through authorized Southeast Asian distributor CryptoBilis to be a suspected supply-chain attack. According to Foresight News, the device was bought on Indonesia’s Tokopedia e-commerce platform in August 2026 and reportedly contained an additional circuit board, a cellular communications module and an antenna that could read the device’s screen and transmit information over a mobile network.
Trezor has not received the wallet for laboratory testing, but said the user’s description and video interview made the report credible. No user funds have been reported stolen.
The company advised users who purchased hardware wallets through CryptoBilis since March 2026 to move their assets to a wallet created with a new recovery phrase.

Trader Long Loyalist placed an ETH buy order worth about $20 million and has $4.63 million in unrealized losses across 39 positions. According to Odaily, Onchain Lens reported that the trader deposited 4.9 million USDC into Hyperliquid about one hour earlier and placed an order for 9,630 ETH. The trader currently holds a 4,860 ETH long position and has accumulated $4.29 million in lifetime losses.

Alch-crypto said malicious actors are using poisoned Hugging Face repositories to secretly install PRL mining software. According to ChainCatcher, 31 repositories posing as small Qwen2 models install a PRL miner when users load them with trust_remote_code enabled; the miner can disguise itself as a system process, and some versions include a backdoor that allows remote control of the machine.
After the first batch of repositories was removed, the attackers reportedly relisted them under new accounts, where downloads have exceeded 32,000. The attackers’ first wallets received about 2,276 PRL and continued to receive funds after the repositories were taken down.
Alch-crypto advised users not to enable trust_remote_code for models from unknown sources. It also recommended checking processes if GPU usage rises unusually and keeping mining devices separate from machines used to run AI.

Polymarket’s international platform suffered a user-asset theft after a supply-chain compromise involving a RUM script from third-party performance-monitoring provider DebugBear, according to a vulnerability analysis published on social media by security firm GoPlus.
According to ChainCatcher, on-chain analysis identified a main path involving 710 DepositWallets and 731 addresses, with losses of about $2.71 million. The address count does not represent the number of affected users.
Polymarket said it had fixed the issue and restored service, and pledged to fully reimburse affected traders. The reimbursement progress remains subject to subsequent official announcements.

On Oct 30, 2026, 08:37 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 78,000 USDT and is now trading at 77,968.671875 USDT, with a narrowed 2.66% decrease in 24 hours.

Strategy's Stretch perpetual preferred stock (STRC) rose to $99.95, its first time at that level in 165 days.
According to Odaily, Bitcoin Treasuries said on X that the price increase came ahead of Strategy's third-quarter earnings call, putting STRC $0.05 below its $100 par value.

Cysic has restored its cross-chain bridge service and permanently burned 7,200,002 CYS on BNB Smart Chain, confirming the transaction was recorded on-chain. According to Foresight News, the update follows an attack on the bridge on October 17, when a hacker minted an additional 10 million tokens without authorization on BNB Chain.

Kite froze 6 million KITE tokens, while the Turtle team seized 3.1 million TURTLE through an administrative transfer. According to Odaily, the combined total of frozen and blacklisted assets has reached $3.1 billion, based on monitoring by on-chain investigator Specter.

A Microsoft threat intelligence report released on the 29th says North Korean hacking groups are using AI to accelerate cyberattacks against South Korean users, including tailored phishing, fake recruitment and malicious code development. According to ChainCatcher, Microsoft assessed AI adoption across eight North Korea-linked groups: three reached the highest of four stages, described as “operationalized,” and have integrated AI into routine attack workflows; four were at the “accelerating” stage and one at the “expanding” stage.
The report said hackers generated more than 100 tailored PDF decoy documents for different targets in August and September this year, with some producing dozens within minutes. From June 8 to 12 this year, attackers used three fake companies to send recruitment invitations to professionals in AI, blockchain and cybersecurity.
Microsoft also said North Korean hackers may use AI coding tools such as Cursor to generate and debug code and evade detection. Onyx Sleet, known in South Korea as Andariel, and Pearl Sleet—both linked to the Reconnaissance General Bureau—have used the open-source AI penetration-testing framework ARTEX in operations since late October.
Microsoft said the groups have increased the speed and efficiency of their attacks with AI but have not reached fully autonomous operations. It recommended that companies strengthen job applicant identity checks, phishing defenses and malicious-code detection.

Brent Thill, Jefferies' software and internet research tech sector lead, said Amazon's earnings were not terrible and the stock was cheap, but the results were not what anyone had hoped for, according to Bloomberg. Spending on property and equipment exceeded expectations, and Thill said tech earnings had brought a lot of bad news this week. He spoke on “Bloomberg The Close.”

South Africa’s crypto economy grew 52% to $39.3 billion in the year to June 2026 despite a global bear market, led by cross-border stablecoin transfers and crypto services. According to BeInCrypto, draft rules would require individuals to route offshore crypto transfers through authorized local providers and bar companies from moving crypto across borders; Finance Minister Enoch Godongwana said on October 21 that Treasury would publish a revised draft after thousands of public comments. Chainalysis said all tracked activity categories grew, while regional P2P stablecoin inflows reached $14.6 billion in 2026, matching BTC. Treasury and SARB published the draft on August 3; it is not yet in force.

Celestia has launched Voyager, an application-specific blockchain architecture designed for large-scale payments in agent commerce.
According to ChainCatcher, Celestia said Voyager sustained about 21 million transactions per second across 100 million accounts during a five-hour benchmark. The test processed about 400 billion random transfers, averaging 21.2 million TPS and peaking at 21.6 million TPS.
Voyager separates payment processing into independently scalable threads to avoid blocking the execution thread that updates balances. Transactions are validated and batched at the ingress layer, then sent through a ring buffer inspired by the Disruptor system used in exchanges. Execution logic is built in, and state is stored in a flat table rather than a Merkle tree. Each transaction is published to Celestia’s Fibre data availability protocol for external replay and verification.
The benchmark ran on a single CPU core with about 48 GB of node memory and tested only one node. It did not include state-root calculations, replication across machines, or real-time state queries at the same scale. Celestia said it is working to bring Voyager into production and plans to publish more technical details in the coming weeks. Fibre went live on mainnet last week; Voyager is the first execution-layer product launched after Celestia’s acquisition of Sovereign Labs.

Polygon Labs added Solana to its Open Money Stack, linking bank accounts, crypto transfers and payouts. Businesses can move funds across blockchains and pay recipients through one integration, according to The Block. Kira is among the first users; the stack also supports Polygon, Ethereum and TRON. The move comes a week after Solana’s Alpenglow upgrade cut transaction finality from about 12.8 seconds to 150 milliseconds. Stablecoin supply is approaching $290 billion, led by USDT above $182 billion and USDC near $76 billion. Solana processed more than $5.5 trillion in stablecoin volume in 2026, its foundation said. Polygon earlier this month acquired Coinme, gaining licenses and exemptions covering 48 U.S. states.

A Partners Group infrastructure fund has been brought on-chain through AssetoFinance’s NGI+ product and listed on Pendle, the platform said on X. According to Odaily, Partners Group manages $186 billion in private-market assets, while its Next Generation Infrastructure fund holds about $2.5 billion in energy and digital infrastructure assets, including power-generation facilities and data centers. The fund co-invests alongside Partners Group’s flagship direct infrastructure investments. Users can split, trade and lock the fund’s yield on Pendle.