Wu Blockchain News

Binance to Resume Withdrawals in Phases From 06:00 to 09:00 UTC Today, With 95% of Affected Assets Replenished Binance announced plans to gradually resume the first phase of withdrawals between 06:00 and 09:00 UTC on November 1, covering 15 networks including BTC, ETH, BSC, and SOL. Other networks will reopen after security checks are completed, while deposits remain operational. Binance also said it has replenished approximately 95% of affected assets, up from 90% previously. BTC, ETH, USDT, B…

Highlight Clip: Binance Co-CEO: Attackers Used Self-Destruct Mechanisms, Making the Hack Harder to Trace Binance Co-CEO: Attackers Used Self-Destruct Mechanisms, Making the Hack Harder to Trace Binance Co-CEO Richard Teng updated the investigation into the roughly $6.3 billion hack on October 30, saying multiple people were involved. Investigators initially suspected a compromised laptop but later found other entry points. Attackers used self-destruct mechanisms to erase tools and traces, comp…

North Korean Hackers Moved $38M Through Relay Protocol in 7 Hours On-chain analyst Specter reported that North Korean hackers transferred approximately $38 million through Relay Protocol within seven hours, with transfers still ongoing at the time of the post. Despite Relay's claims of having a Know Your Transaction (KYT) monitoring system in place, it failed to block the transfers. Specter noted that North Korean hackers would have struggled to move such a large amount through THORChain in th…

U.S. Spot Ethereum ETFs Hit Record 23-Day Net Outflow Streak Since Launch On-chain analytics firm Glassnode reported that U.S. spot Ethereum ETFs have recorded 23 consecutive trading days of net outflows, marking their longest streak since launch. Glassnode said the sustained withdrawals reflect weakening demand from traditional finance investors, who had accumulated ETH heavily in August and September. — link

FBI Attributes Over $6B Binance Hack to North Korea, Urges THORNode Operators and Other Crypto Service Providers to Block Money Laundering-Linked Transactions The FBI attributed the theft of more than $6 billion in crypto assets from Binance to North Korean hackers, identifying the malicious cyber activity as TraderTraitor. The FBI, US Secret Service (USSS), and IRS Criminal Investigation (IRS-CI) observed the attackers converting stolen assets primarily into ETH, with further laundering expect…

Chainalysis: Ethereum Reorg Triggers THORChain Emergency Pause, Delaying Laundering of Binance Hack Funds Blockchain analytics firm Chainalysis said an Ethereum chain reorganization on the morning of October 31 (EDT) caused THORChain to mistakenly issue a double refund to a user who had deposited 10 ETH, triggering an emergency pause. The pause blocked cross-chain swaps through most of THORChain’s bridges for all users, including North Korean money launderers, inadvertently delaying the launder…

Binance: 90% of Stolen Assets Replenished; Withdrawals Set to Resume on Nov. 1 Binance announced that it has now replenished 90% of the stolen asset shortfall. The top ten major tokens—including BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC—are now 100% fully backed by reserves. The funding sources for this replenishment include: a partial deployment of the SAFU, reallocated balances from the Futures Insurance Fund exceeding regulatory and risk-management requirements, and Binance’s…

ICE Reposts Trade[XYZ] Partnership Announcement, Emphasizing "Plans to Bring" and "Subject to Regulatory Approvals" Following the deletion of its earlier post, Intercontinental Exchange (ICE) reposted its partnership announcement with Trade[XYZ]. In the updated post, ICE amended its phrasing to emphasize that the two parties "plan to bring Hyperliquid-based perps to the U.S." and that operating "U.S. regulated versions" remains strictly "subject to regulatory approvals," with both parties seeki…

Chainalysis Hit by Cyberattack, Accessing User Names, Emails, and Organization Roles Blockchain data analytics and tracking firm Chainalysis disclosed that an external hacker used "offensive agentic techniques" to gain unauthorized access to its internal systems and tools, leading to the compromise of some non-sensitive customer data, including user IDs, full names, email addresses, and organization role labels. Chainalysis emphasized in an email that the security incident is unrelated to the r…

Highlight Clip: Trump on Binance Hack: Says He Has Long Been Wary of Digital Money Risks Trump on Binance Hack: Says He Has Long Been Wary of Digital Money Risks On October 30, President Donald Trump addressed Binance’s reported $6.3 billion crypto theft during a press exchange in the White House Oval Office. Asked whether North Korea was responsible, Trump said the U.S. was still investigating. He added that Binance claimed it would recover the stolen funds and had the situation largely under…

Ethereum Block Builder Titan Builder Briefly Tops 24-Hour Protocol Revenue Rankings With $22.83M, Surpassing Tether According to DeFiLlama, Ethereum block builder Titan Builder briefly ranked first in 24-hour protocol revenue with $22.83 million, surpassing Tether. DeFiLlama co-founder 0xngmi said Titan Builder generated approximately $24.7 million in fees over the same period, an unusually high figure that DeFiLlama’s systems initially flagged and blocked as a data error. He attributed the sur…

Spot Bitcoin ETFs See $643M in Net Outflows, Ethereum ETFs Lose $156M According to SoSoValue data, U.S. spot Bitcoin ETFs recorded total net outflows of $643 million on October 30 (ET). BlackRock's IBIT saw the largest daily net outflow among spot Bitcoin ETFs at $234 million. Spot Ethereum ETFs recorded total net outflows of $156 million, marking their fifth consecutive day of net outflows. BlackRock’s ETHA saw the largest daily net outflow among spot Ethereum ETFs at $76.64 million. — link

Blockaid: 12 Crypto Project Websites Linked to Frontend Attacks; Flap and Kintsu Confirm DNS Hijacks Security firm Blockaid initially flagged potential frontend attacks targeting Flap and Kintsu. It later identified 10 additional websites serving the Step Drainer wallet-draining tool, including pickle[.]finance, origami[.]finance, and fluxbeam[.]xyz. The investigation is ongoing. Flap and Kintsu have confirmed DNS hijacks affecting their websites, warning users against visiting, connecting wal…

Highlight Clip: Binance Co-CEO: Binance's Own Hot Wallet Was Compromised, Customer Funds Were Unaffected Binance Co-CEO: Binance's Own Hot Wallet Was Compromised, Customer Funds Were Unaffected Binance Co-CEO Richard Teng addressed users on October 30 following a roughly $6.3 billion hack, stating that Binance's own hot wallet was compromised while customer funds remained unaffected. He explained that most user assets are stored in cold wallets and only moved to hot wallets for withdrawals. Te…

Grayscale: Hyperliquid Generates $105M in September Revenue as Income Sources Diversify According to an October 30 report by Grayscale, Hyperliquid generated approximately $105 million in revenue in September 2026, roughly flat year-over-year. Core trading fees accounted for about 64% of revenue, down from over 90% in mid-2025, as income from third-party markets, distribution partners, and USDC reserve yield expanded. Non-core revenue doubled year-over-year to $38 million. Grayscale identified …

Tether Reports $1.5B in Q3 Operating Profit as Excess Reserves Nearly Double to $7.95B Tether released its Q3 2026 reserve attestation prepared by BDO, reporting $1.5 billion in net operating profit for the quarter, roughly flat quarter-over-quarter, and $4.5 billion for the first nine months, primarily driven by U.S. Treasury bills and reverse repos. As of September 30, USDT issuance stood at approximately $184 billion, with total reserve assets of $191.5 billion and liabilities of $183.5 bill…

Coinbase Executives Plan Potential Sale of Up to 13.6M COIN Shares Worth $2.2B According to Coinbase's Q3 SEC filing, CEO Brian Armstrong, co-founder Fred Ehrsam, and President Emilie Choi adopted Rule 10b5-1 trading plans allowing potential sales of up to 13.6 million COIN shares, worth approximately $2.2 billion based on the October 29 closing price. Armstrong's plan covers up to 8.17 million shares between November 16, 2026, and October 2027, subject to predetermined price thresholds. These …

Binance Reserves Over $6.34B in Company Funds to Cover Hack Losses, Including $5B in Affected Tokens Binance said it has reserved over $6.34 billion in company funds to cover losses from the hack, including $5 billion already held in the affected tokens. It is purchasing the remaining tokens through market and OTC channels, a process that may take longer due to limited liquidity. The reserved funds are separate from approximately $3 billion in frozen assets. Binance will publicly verify user as…

Coinbase Q3 Revenue Falls 35% to $1.22B, Net Profit Rebounds to $719M; Prediction Markets Top $200M Annualized Coinbase reported Q3 2026 revenue of $1.22 billion, down 35% year over year, while net income rose 66% to $719 million, ending three consecutive quarters of losses. Earnings per share reached $2.51, with profits largely driven by unrealized crypto gains. Adjusted net income was $78 million. Meanwhile, prediction markets surpassed $200 million in annualized revenue, with 82% quarterly c…

World’s Second-Largest Hardware Wallet Maker Trezor Warns of Suspected Hardware Implant in Device Sold by Reseller Trezor said it received a credible report of a suspected hardware implant in a Trezor Safe 5 device purchased from reseller CryptoBilis in August 2026. The company has not yet received the device for verification, and no CryptoBilis customer has reported losing funds. Trezor urged customers who purchased devices from CryptoBilis since March 2026 to move their funds to newly create…