Top Story
Attackers drained about $6.3 billion in crypto from Binance hot wallets on October 29, 2026. Binance says the theft spanned 17 hot wallets on nine chains, with most funds moved in about 20 minutes. The attacker converted assets to ether at above-market prices to avoid freezes.
The FBI said on October 31 that North Korea was responsible and named the group "TraderTraitor." Binance attributes the breach to a compromised DevOps engineer's laptop and says it found no evidence of a private-key leak. The incident is one of the largest crypto thefts on record.
Binance says it has covered about 90% of user losses from internal funds, up from 80% a day earlier. That is replacement, not recovery of the stolen coins. The hack hit related stocks as well, with Coinbase leading a selloff in crypto-linked equities and Strategy and Robinhood also sliding.
Bitcoin fell below $80,000 and tested the $75,000 to $78,000 demand zone. The Fear & Greed Index read 35 (Fear) on November 1, down 18 points in a week. Binance plans to reopen withdrawals on Sunday, November 1, subject to security checks, and its proof of reserves update is due by Monday, November 2.
Major Price Moves
Market Overview
Bitcoin, ranked #1, traded at $78,011.31, up 0.84% in 24 hours, on $10.04B volume. Ethereum, ranked #2, traded at $2,268.80, up 1.00%, on $6.19B volume.
Top 10 Gainers
Gainers are limited to coins with more than $5M in 24h volume. M-BTC, which posted 54.17% in the unfiltered list on only $17.78 of volume, is excluded because no source confirms the move.
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| SAFU (Funds are SAFU) | $0.0007493 | 165.32% | $10.03M | |
| BTC (Big Titty Coin) | $0.01123 | 36.85% | $5.25M | |
| 牛来 (Niu Lai) | $0.06937 | 29.45% | $12.57M | |
| EVAA (EVAA Protocol) | $1.4071 | 18.14% | $7.49M | |
| POWR (Powerledger) | $0.06556 | 16.89% | $14.21M | |
| G (Gravity by Galxe) | $0.003788 | 15.55% | $34.82M | |
| ZAMA (Zama) | $0.07222 | 15.05% | $41.58M | |
| LIT (Lighter) | $3.1530 | 14.94% | $95.34M | |
| KITE (Kite) | $0.1237 | 14.62% | $9.86M | |
| BEAM (Beam) | $0.005580 | 14.06% | $126.48M |
Top 10 Losers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| AKE (Akedo) | $0.009429 | -24.56% | $58.17M | |
| HASH (Provenance Blockchain) | $0.006187 | -15.10% | $1.64K | |
| XPL (Plasma) | $0.07356 | -8.71% | $85.95M | |
| SHFL (Shuffle) | $0.4232 | -6.34% | $1.28M | |
| M (MemeCore) | $0.9009 | -5.57% | $950.42K | |
| WTRX (Wrapped Tron) | $0.3107 | -5.29% | $173.16M | |
| TRX (TRON) | $0.3107 | -4.40% | $1.17B | |
| SUN (Sun Token) | $0.01529 | -4.34% | $13.63M | |
| HTX (HTX DAO) | $0.000001534 | -3.95% | $37.94M | |
| SENA (Ethena Staked ENA) | $0.1917 | -3.79% | $88.25K |
Top 20 by Market Cap
| Rank | Coin | Price | 24h % | 24h Volume | Market Cap | |
|---|---|---|---|---|---|---|
| 1 | BTC (Bitcoin) | $78,011.31 | 0.84% | $10.04B | $1.57T | |
| 2 | ETH (Ethereum) | $2,268.80 | 1.00% | $6.19B | $277.20B | |
| 3 | USDT (Tether) | $0.9995 | 0.03% | $25.21B | $180.04B | |
| 4 | BNB (BNB) | $706.43 | 0.28% | $384.40M | $92.90B | |
| 5 | XRP (XRP) | $1.2542 | 0.64% | $785.62M | $79.46B | |
| 6 | USDC (USDC) | $1.0001 | 0.01% | $5.76B | $71.71B | |
| 7 | SOL (Solana) | $95.62 | -0.39% | $1.54B | $56.43B | |
| 8 | TRX (TRON) | $0.3107 | -4.40% | $1.17B | $29.52B | |
| 9 | STETH (Lido Staked Ether) | $2,268.66 | 1.15% | $21.84M | $21.99B | |
| 10 | ZEC (Zcash) | $1,244.88 | -0.80% | $1.80B | $21.18B | |
| 11 | HYPE (Hyperliquid) | $87.96 | -0.75% | $1.58B | $21.06B | |
| 12 | DOGE (Dogecoin) | $0.07582 | 0.64% | $368.43M | $11.87B | |
| 13 | XMR (Monero) | $604.09 | 2.11% | $90.15M | $11.37B | |
| 14 | WSTETH (Wrapped stETH) | $2,832.46 | 1.18% | $19.28M | $10.56B | |
| 15 | USDS (USDS) | $1.0006 | 0.01% | $127.57M | $9.57B | |
| 16 | BSC-USD (Binance Bridged USDT) | $0.9995 | 0.04% | $417.15M | $9.18B | |
| 17 | WBTC (Wrapped Bitcoin) | $77,877.48 | 0.82% | $82.74M | $9.04B | |
| 18 | LINK (Chainlink) | $11.78 | 2.50% | $435.02M | $9.03B | |
| 19 | WBT (WhiteBIT Coin) | $74.89 | 0.87% | $16.80M | $8.89B | |
| 20 | WBETH (Wrapped Beacon ETH) | $2,507.28 | 1.00% | $2.35M | $8.69B |
Other Key Events
US Spot Bitcoin ETFs Record Largest Outflow Since June
US spot Bitcoin ETFs recorded $643.3 million in net outflows on October 30. It was the largest daily exit since June 25 and ended a four-day inflow streak. BlackRock's IBIT led with a $233.7M outflow, while Fidelity's FBTC lost $201.0M. Spot Ether ETFs lost $155.8M the same day.
Troves Loses 8.6 BTC on Starknet
Starknet DeFi protocol Troves lost about 8.6 BTC in an exploit of its xWBTC/WBTC vault on October 31. The root cause was a legacy rebalancing contract that had been replaced but kept active permissions. Troves revoked the permissions in about 40 minutes and suspended three vaults as a precaution.
In Brief
- SAFU has no confirmed catalyst. Binance completed a transfer of 7,499 BTC from its SAFU fund on October 31, but the meme token is not listed on Binance.
- The BTC (Big Titty Coin) surge has no confirmed trigger. Trading is concentrated among a few large Solana holders.
- M-BTC's 54% move is unverified. Snapshots from November 1 show prices near flat, on volume too thin to support a move that size.
- AKE has no Akedo-specific trigger. Its drop coincides with post-hack risk-off selling and thin liquidity.
- XPL fell with a leveraged long liquidation cascade. Liquidations reached $24.49M in one hour, mostly longs.
What to Watch
- Binance withdrawals: Withdrawals are set to reopen Sunday, November 1, with proof of reserves due by Monday, November 2.
- Bitcoin support: The $75,000 to $78,000 zone is the key demand range. Bitcoin's daily low on October 31 was $76,615.
- Ethereum: ETH needs to hold above $2,250 to keep its 1.00% daily advance intact.
- Plasma: XPL support sits at $0.06903, the November 1 intraday low, with resistance at $0.08639. The next unlock is November 25.
- ETF flows and elections: US ETF flow data resumes Monday, November 2, and US midterm voting closes November 3.