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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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🚨 JUST IN: Binance says the hack likely stemmed from a compromised DevOps engineer’s laptop, with no sign of a private key leak.

It puts the total impact at about $6.3B.

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⚑️ TODAY: Elon Musk says super intelligence agents will one day exploit the financial system like the Binance hacker did, β€œto gain currency for themselves, not a human.”

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🚨 NOW: Binance co-founder Yi He says deposits operate as normal, and withdrawals should resume within the next 48 hours after upgrades to the withdrawal service.

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🚨 UPDATE: Binance’s investigation has uncovered additional breach points beyond a potentially compromised laptop.

Withdrawals are expected to resume in 45 hours.

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πŸ”₯ JUST IN: Binance has begun recovering affected assets and reserved over $6.34B in company funds to cover losses.

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🚨 INSIGHT: Can we trust AI agents?

Mysten Labs’ Evan Cheng says AI needs deterministic protocols to set boundaries for agents operating in an adversarial world.

[Brought to you by Mysten Labs]

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🚨 $6.3 billion stolen. How did Binance suffer the largest crypto hack in history, and what does it mean for your Bitcoin?

Our latest explainer breaks down what happened:

https://youtu.be/gUTDIlh-bCQ

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πŸ”₯ BIG: Tether generates $1.5B in Q3 net operating profit, with its reserve buffer doubling.
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⚑️ LATEST: Apple overtakes Nvidia as the world’s most valuable company, with a market cap of $5.03 trillion versus Nvidia’s $4.94 trillion.

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πŸ‡ΊπŸ‡Έ REGULATION: Senator Lummis says the CLARITY Act would have given crypto firms legal cover to freeze funds "the instant law enforcement calls" during the $6.3B Binance hack.

The bill is still stuck in the Senate after a 49-50 vote.

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πŸ“Š MARKET: October wiped out $300B from the market.

What happened to Uptober?

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