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Bitmine Hits 99% of Ether Goal as Tom Lee Downplays Impact of $6.3B Binance Hack

Bitmine Immersion Technologies has moved closer to its ambitious goal of owning 5% of ether’s total supply, while Chairman Tom Lee argues that the cryptocurrency market’s relatively muted response to last week’s massive Binance hack demonstrates the industry’s growing resilience. Bitmine Hits 99% of Ether Goal as Tom Lee Downplays Impact of $6.3B Binance Hack
Key Takeaways
- Bitmine reached 99% of its ether accumulation goal, purchasing another 8,573 ETH to bring its holdings to 6.06 million tokens, worth approximately $13.7 billion. - Chairman Tom Lee downplayed the market impact of the Binance hack, arguing that ether’s relatively modest 4% decline following the reported $6.3 billion theft demonstrates growing crypto market resilience.

📰 Bitcoin.com

#Ethereum #ETH #CryptoSecurity #CryptoNews
📢 @Coindce
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Bitcoin Price Analysis: Is the September Rally Structure in Danger as BTC Hangs by a Thread?

Bitcoin is attempting to stabilize around $78K after posting its fourth straight weekly loss, with sentiment weighed down by the record Binance hack and a $643.3 million withdrawal from U.S. The asset now sits inside a key demand zone that could decide whether the September rally structure survives.

📰 CryptoPotato

#Bitcoin #BTC #CryptoNews
📢 @Coindce
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Bitmine Buys More Ethereum as Tom Lee Calls the Binance Hack Bullish

In brief
- Bitmine bought another 8,573 ETH, raising holdings to 6,060,506 ETH (about $13.7 billion), or 4.9% of supply—99% of the way to its “Alchemy of 5%” goal. - Chairman Tom Lee argued the record $6.4 billion Binance hack showed crypto’s resilience, citing six reasons for the muted 4% ETH drop. - Total holdings hit $14.5 billion; Bitmine remains the top ETH treasury and No.

📰 Decrypt

#Ethereum #ETH #CryptoSecurity #CryptoNews
📢 @Coindce
🐋 Large BTC Transfer Detected

₿ Amount: 81 BTC (~$5M)
🔗 View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
📢 @Coindce
🔴
Brazil’s Mercado Bitcoin Halts Withdrawals After Estimated $46M Stolen

Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, said Monday that it had halted deposits and withdrawals following a “security incident.” A prominent analyst pegged the damages at $46 million worth of crypto and counting across numerous chains, including Bitcoin and Ethereum. Brazil's Mercado Bitcoin Halts Withdrawals After Estimated $46M Stolen
Key Takeaways
- Brazilian cryptocurrency exchange Mercado Brazil said Monday that it was targeted in a security incident. - The firm suspended withdrawals and deposits while saying customer funds were not impacted.

📰 Bitcoin.com

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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Binance completes latest proof of reserves as it works to restore assets, withdrawals after record hack

Binance users can now independently verify 1:1 backing for BTC, ETH, BNB, SOL, XRP and more as it replenishes 95% of assets lost in record hack.

📰 The Block

#BNB #Binance #CryptoSecurity #CryptoNews
📢 @Coindce
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Brazil's Largest Exchange Mercado Bitcoin Halts Withdrawals After $40 Million Hack

In brief
- Mercado Bitcoin suspended deposits and withdrawals on Monday after a security incident, saying customers lost nothing and no data leaked. - Blockchain security firm Hypernative flagged more than $40 million in suspicious transfers across at least 10 blockchains; the exchange has not confirmed that figure. - Tether CEO Paolo Ardoino said the stablecoin issuer froze more than 4.5 million USDT tied to the incident.

📰 Decrypt

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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Over $106M in Crypto Stolen From EU Entity? ZachXBT Tracks Attacker’s Laundering Trail

ZachXBT said that multiple laundering indicators give him high confidence that the North Korean threat actor Lazarus Group is not responsible.

📰 CryptoPotato

#CryptoSecurity #CryptoNews
📢 @Coindce
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3 Signals That Could Shape Bitcoin’s Next Move After Binance Hack

The hacker moving the stolen funds could create localized selling pressure while also making their recovery and attribution harder.

📰 CryptoPotato

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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Binance Hack Fallout Keeps Bitcoin Price Under Pressure Below $77K

Bitcoin slipped below $77,000 on Monday, despite Binance’s announcement that it had fully replenished assets lost in the recent hack using its own funds. Another, albeit much smaller crypto exchange hack also popped up on Monday. Binance Hack Fallout Keeps Bitcoin Price Under Pressure Below $77K
Key Takeaways
- Bitcoin fell below $77,000 on Monday as the Binance hack continued to weigh on investor confidence.

📰 Bitcoin.com

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
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Mercado Bitcoin Halts Withdrawals After Security Incident as Hypernative Flags $40M Outflows

Tether has blacklisted two more of the attacker's addresses, on Ethereum and Tron, freezing the USDT sitting inside them.

📰 CryptoPotato

#Bitcoin #BTC #CryptoRegulation #SEC #CryptoNews
📢 @Coindce
🐋 Large BTC Transfer Detected

₿ Amount: 118 BTC (~$9M)
🔗 View on Explorer

Large whale movements can precede significant price action

#WhaleAlert #Bitcoin #BTC
📢 @Coindce
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North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds

In brief
- About 44% of the $6.43 billion stolen from Binance has been frozen or seized, Elliptic said, after Tether and Circle moved within minutes to lock up stolen stablecoins. - The attacker has used about 12,000 wallets and more than 40,000 transactions in under four days, which Elliptic calls automation, not AI. - About $3.24 billion remains in addresses linked to the theft, and Elliptic expects a months-long cash-out through OTC brokers.

📰 Decrypt

#BNB #Binance #CryptoRegulation #SEC #CryptoNews
📢 @Coindce
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Mercado Bitcoin wallets keep moving funds after $46M hack

Mercado Bitcoin wallets keep moving funds after $46M hack
Brazil’s exchange Mercado Bitcoin paused deposits and withdrawals after a security breach, saying customer funds and data were safe. Mercado Bitcoin, one of Brazil’s largest Bitcoin exchange, has confirmed a security incident that saw over $46 million worth of cryptocurrency drained from wallets on Monday. Despite the company’s announcement that deposits and withdrawals had been suspended, addresses associated with the incident continued to receive funds for hours afterward.

📰 CoinTelegraph

#Bitcoin #BTC #CryptoSecurity #CryptoNews
📢 @Coindce
🚨
Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally

Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the US-Iran war. Bitcoin (BTC) returned below $77,000 after Monday’s Wall Street open as crypto shrugged off hopes of a US-Iran peace deal. Key points:
- Bitcoin fell below $78,000 as WTI crude oil hit $95.15 per barrel, its lowest since Oct.

📰 CoinTelegraph

#Bitcoin #BTC #AI #CryptoAI #CryptoNews
📢 @Coindce
💰 Market Update
Nov 02 · 23:00 UTC

₿ BTC $76,890 🔴-1.1% █▇▃▁▅▅▅▆
Ξ ETH $2,248 🔴-0.5% ▆█▅▁▂▂▂▃
🔶 BNB $696.89 🔴-1.6% ▃▆█▁▄▃▁▃
💧 XRP $1.24 🔴-0.2% ▄▄▄▄▄▄▄▄
🌞 SOL $91.46 🔴-2.6% ▆██▆▄▄▃▁
💫 ADA $0.1873 🔴-2.0% ▅█▇▄▃▁▁▁
❄️ AVAX $8.34 🔴-3.8% ▁▃▅▃█▅▃▃
🔗 DOT $0.9345 🔴-1.1% █▇▇▁▅▅▁▇
⛓️ LINK $11.11 🔴-2.6% ▁▄█▄███▄
🦊 SHIB $0.00000455 🔴-2.7% ▄▄▄▄▄▄▄▄
🌌 TIA $0.4451 🔴-4.9% ▅▄▆▅█▁▁▂
🔷 ALGO $0.0909 🔴-2.6% ▁▁▁▁▄▆▅█
⬡ HBAR $0.0693 🔴-2.8% ▂▅▇▇█▇▂▁

📢 @Coindce
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Tom Lee Calls Bottom on AI Stock Selloff, Citing Tight Supply and Crypto Resilience

In brief
- Tom Lee told CNBC he thinks the AI stock selloff has reached its bottom, arguing that supply remains tight. - He pointed to crypto’s reaction to the Binance hack as evidence that much of the selling pressure may already have passed. - Strong AI demand has not insulated chipmakers from earnings concerns, and Bitcoin fund outflows show investors are still pulling money out.

📰 Decrypt

#AI #CryptoAI #CryptoNews
📢 @Coindce
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Binance May Have Lost Around Half of 5-Year Profits to Fines and Hacks: Analysis

Binance’s “cost of doing business,” including fines and hack losses, could equal more than half of the largest crypto exchange’s estimated pre-tax profits from 2021–2025. Binance May Have Lost Around Half of 5-Year Profits to Fines and Hacks: Analysis
Key Takeaways
- Binance’s estimated $10.7 billion bill for fines and hack losses equals around 56% of its estimated 2021–2025 pre-tax profits. - The exchange has paid $4.34 billion in known fines and had $6.38 billion stolen in major hacks, though a substantial chunk of the funds stolen last week were frozen.

📰 Bitcoin.com

#BNB #Binance #CryptoSecurity #CryptoNews
📢 @Coindce
🔴
Mercado Bitcoin, Brazil’s largest crypto exchange, hit by $46 million security breach

Brazil's largest crypto exchange Mercado Bitcoin confirmed earlier Monday a security incident and paused withdrawals.

📰 The Block

#Bitcoin #BTC #CryptoRegulation #SEC #CryptoNews
📢 @Coindce
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Coinbase hit with 50% price target cut as post-earnings rout deepens

Morgan Stanley Sees Greater Downside Risk for Coinbase Shares   Ecosystem             English         News   Latest News Bitcoin Ethereum Altcoins Blockchain Regulation Markets Features   Magazine Reviews Research Opinion Podcasts Newsletters Commissioned   Articles Press Releases Special Projects About   About Cointelegraph History of Cointelegraph Editorial Policy Ads Disclosure Financial Risk Disclaimer     DOGE $0.07380 − 1.84% TRX $0.3181 + 1.75% LINK $11.06 − 2.66% ZEC $1,147.16 − 5.79% ADA $0.1879 − 1.96% XRP $1.24 − 0.05% ETH $2,246.80 − 0.58% BTC $76,871.80 − 1.18% XMR $610.31 + 2.96% BNB $696.51 − 1.69% XLM $0.1644 − 1.82% SOL $91.46 − 2.80% HYPE $83.59 − 3.95% Written by Nate Kostar staff writer Edited by Bryan O'Shea staff editor Written by Nate Kostar staff writer Edited by Bryan O'Shea staff editor Coinbase hit with 50% price target cut as post-earnings rout deepens Latest News Published Nov 2, 2026 Slowing trading activity and fallout from the Binance hack are clouding Coinbase’s revenue prospects, prompting Morgan Stanley to lower its rating on the stock. Investment bank Morgan Stanley turned bearish on Coinbase (COIN) on Monday, cutting its price target by more than half as it warned that the cryptocurrency exchange’s profits could recover more slowly than expected. Analyst Michael Cyprys lowered the stock’s price target from $258 to $120, a cut of about 53%, citing recent trading trends, a softer revenue outlook and uncertainty in the crypto market following Binance’s $6.3 billion hack , according to a Monday report.

📰 CoinTelegraph

#CryptoNews
📢 @Coindce