🔥 HUGE: Blockchain revenue is projected to reach roughly $100 billion in 2026 despite a 28% year-over-year decline, according to a new 1kx report.

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🚨 ALERT: Polymarket reports a major trading API outage, switches to cancel-only mode and pauses relay actions while investigating the incident.

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🚨 UPDATE: Polymarket says it has fixed an issue involving a compromised third-party provider and will make affected users whole, with trading temporarily halted as it works to restore the platform.

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🚨 LATEST: Amazon $AMZN reports Q3 revenue of $201.9 billion and earnings of $1.89 per share, missing estimates of $202.26 billion and $1.97, while AWS sales beat expectations.

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🚨 HUGE: Over $590 million in crypto positions were liquidated in the past hour, including nearly $570 million in longs.

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🚨 ALERT: Binance allegedly suffered a $2.77 billion hack.

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🚨 BIG: Binance says it is investigating a potential security issue and has not confirmed any impact on user funds.

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🚨 JUST IN: Binance.US reports it is unaffected by the Binance.com security incident, with user funds safe and services operating normally.

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🚨 UPDATE: Binance's Secure Asset Fund for Users (SAFU) holds approximately 15,000 BTC, valued at around $1 billion, to protect users against eligible security-related losses.

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🚨 UPDATE: Who’s exposed to the Binance hack so far

Limited exposure:
- Wintermute: exposure is under 20% of net equity. CEO Evgeny Gaevoy sees no disruption to operations in any scenario.
- GSR: exposure is under 5% of net equity, with no material disruption to business as usual expected. The firm says it's working with contacts at Binance to understand the issue.

No direct exposure:
- Ethena: all collateral with exchange exposure sits with off-exchange custodians, not directly on exchanges.
- Lido: stETH is not affected, and staking and withdrawals are running normally. Lido Earn has no direct exposure.
- Aave: contracts are unaffected and positions remain overcollateralized. As a precaution, all DAO-operated V3 and V4 markets are frozen. New deposits and borrows are paused, but withdrawals and repayments still work.

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🚨 JUST IN: Binance officially confirms $2.54B in assets frozen so far, with the total potentially rising as efforts to trace funds continue.

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🚨 NOW: Over $1 billion liquidated in the past 24 hours, with longs taking $958M of the hit, as $BTC plunged below $78,000.

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🚨 UPDATE: Binance says the verified frozen amount from the hack has climbed to about $3B, up from $2.54B earlier.

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