The latest crypto news for 3 November 2026 centers on the Binance hack, which attackers used to drain about $6.3 billion from the exchange on 29 October. Reported estimates range from $6.3 billion to $6.43 billion. Bitcoin and Ethereum sold off over the same period.
Top Story
Attackers drained the funds on 29 October, according to Latin Times and Stealthex. The FBI formally attributed the theft to North Korea's TraderTraitor group and published 19 Bitcoin addresses, one Solana address and 608 Ethereum addresses. North Korea denies involvement, and Kim Jong-un's sister reportedly rejected the FBI claims.
The theft has triggered heavy withdrawals. Binance first reported $3.64 billion in net outflows, and later reporting cites $4.72 billion, with most withdrawals in USDT. Withdrawals resumed in phases from 1 November, starting with 15 networks. Binance says about 95% of affected assets have been replenished using SAFU and company funds.
Liquidations rose as prices fell. Bitcoin longs lost $54.39 million of the $58.30 million liquidated over 24 hours, and Ethereum longs made up $27.99 million of $35.12 million. The Fear & Greed Index fell to 27, in the Fear zone.
Binance completed a proof-of-reserves check for ten tokens on 2 November. Bitcoin's implied volatility peaks near 43.5% for expiries just after the US midterm elections on 3 November, then settles near 36%.
Major Price Moves
Market Overview
Bitcoin ranks first at $76,559.26, down 2.07% over 24 hours on $28.48 billion in volume. Ethereum ranks second at $2,245.52, down 1.77% on $14.81 billion in volume.
Top 10 Gainers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| Aria.AI (ARIA) | $0.114343 | 38.30% | $25.91M | |
| Metaplex (MPLX) | $0.096227 | 36.93% | $72.21M | |
| Janction (JCT) | $0.004997 | 19.35% | $24.51M | |
| Impossible Cloud Network Token (ICNT) | $0.197604 | 17.86% | $10.91M | |
| SOXSB Direxion Semiconductor Bear 3X ETF (bStocks Tokenized ETF) | $57.17 | 15.66% | $8.20M | |
| Rain (RAIN) | $0.006337 | 14.19% | $14.89M | |
| Pieverse (PIEVERSE) | $1.1975 | 14.18% | $12.10M | |
| Holo (HOT) | $0.0004273 | 13.07% | $38.49M | |
| Bubblemaps (BMT) | $0.023920 | 12.32% | $29.06M | |
| Dolphin (POD) | $0.535706 | 10.86% | $29.09M |
No confirmed catalyst explains the top gainers. ARIA's move has no official announcement, exchange listing or partnership behind it. MPLX's rally has no listing or buyback tied to it, and its trigger remains unidentified. Extended (XTEN) is excluded from the table because its price data conflicts across feeds. Its tokenomics release on 2 November is the only announced event linked to the token.
Top 10 Losers
| Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|
| A7A5 (A7A5) | $0.004106 | -65.86% | $1,171 | |
| Beam (BEAM) | $0.004138 | -16.98% | $43.99M | |
| Provenance Blockchain (HASH) | $0.006491 | -13.13% | $33.22K | |
| Merlin's Seal BTC (M-BTC) | $49,456.81 | -12.98% | $584.15 | |
| Zcash (ZEC) | $1,130.63 | -11.25% | $3.52B | |
| NEAR Protocol (NEAR) | $3.77 | -11.17% | $1.08B | |
| Plasma (XPL) | $0.062920 | -10.12% | $52.37M | |
| Monad (MON) | $0.016837 | -10.00% | $12.95M | |
| Pearl (PEARL) | $1.3985 | -8.64% | $8.25M | |
| Bitway (BTW) | $0.936736 | -7.63% | $7.18M |
The A7A5 figure rests on thin data. Coindataflow shows a -85% reading from a single Uniswap V2 pool with $3.41K of 24-hour volume. Other trackers show the token near $0.012 with no sharp move. No sanctions action, delisting or depeg dated 2-3 November was found. Beam's decline followed a burn-driven rally that faded.
Top 20 by Market Cap
| Rank | Coin (symbol + name) | Price | 24h % | 24h Volume | |
|---|---|---|---|---|---|
| 1 | Bitcoin (BTC) | $76,559.26 | -2.07% | $28.48B | |
| 2 | Ethereum (ETH) | $2,245.52 | -1.77% | $14.81B | |
| 3 | Tether (USDT) | $0.998661 | -0.03% | $45.16B | |
| 4 | BNB (BNB) | $692.19 | -2.18% | $510.55M | |
| 5 | XRP (XRP) | $1.2491 | -0.41% | $1.72B | |
| 6 | USDC (USDC) | $0.999291 | -0.03% | $13.81B | |
| 7 | Solana (SOL) | $91.45 | -3.05% | $3.79B | |
| 8 | TRON (TRX) | $0.320311 | 2.08% | $365.08M | |
| 9 | Lido Staked Ether (STETH) | $2,242.07 | -1.71% | $27.99M | |
| 10 | Hyperliquid (HYPE) | $83.50 | -2.44% | $1.17B | |
| 11 | Zcash (ZEC) | $1,130.63 | -11.25% | $3.52B | |
| 12 | Dogecoin (DOGE) | $0.073656 | -2.73% | $675.81M | |
| 13 | Monero (XMR) | $609.06 | 0.07% | $114.21M | |
| 14 | Wrapped stETH (WSTETH) | $2,799.64 | -1.66% | $19.50M | |
| 15 | USDS (USDS) | $0.998865 | -0.11% | $179.89M | |
| 16 | Binance Bridged USDT (BNB Smart Chain)) (BSC-USD) | $0.998661 | -0.03% | $593.17M | |
| 17 | Wrapped Bitcoin (WBTC) | $76,387.72 | -2.08% | $126.93M | |
| 18 | WhiteBIT Coin (WBT) | $73.43 | -2.24% | $33.73M | |
| 19 | Wrapped Beacon ETH (WBETH) | $2,483.63 | -1.48% | $1.93M | |
| 20 | Chainlink (LINK) | $11.05 | -2.63% | $448.98M |
Other Key Events
Bitcoin ETFs lost $643 million on the first session after the hack
Bitcoin spot ETFs recorded $643 million in net outflows on Friday, 30 October, according to CoinDesk. BlackRock's IBIT led with $233.7 million in outflows, followed by Fidelity's FBTC with $201 million, per Baystreet. The outflow erased 63.6% of 2026 net inflows, and spot Bitcoin ETF assets fell to $98.14 billion.
Flows stayed negative into 2 November. KuCoin, citing ChainCatcher, reports $399 million in net Bitcoin ETF outflows that day. Ethereum spot ETFs lost $140 million, led by BlackRock's ETHA, per Coinotag. Reports differ on the date of the $643 million figure.
CFTC chair proposes an optional registration path for offshore exchanges
CFTC Chair Michael Selig proposed an optional federal registration pathway for offshore crypto exchanges, citing the Binance hack, according to Gate News. The proposal is not a rule and has no implementation date. Separately, CoinDesk reports that an index provider flagged Strategy (MSTR) and Metaplanet as possible exclusion candidates.
Zcash fell 11.25% amid a governance dispute and an upcoming upgrade
Zcash fell to $1,130.63 on $3.52 billion in volume. No single trigger has been confirmed for the 2-3 November move. Sources cite the Binance overhang, which Binance has partly resolved, and a governance dispute over the Zcash Community Grants (ZCG) treasury.
ZCG proposed redirecting about 98,000 ZEC, roughly $124 million, toward future mining rewards. A competing plan from co-founders Sean Bowe and Zooko Wilcox-O'Hearn would end ZCG's 8% block-reward share. ZODL founder Josh Swihart endorsed that compromise on 2 November. Neither proposal is approved.
The NU7 upgrade is expected to activate at block 3,543,405, around 5 November. Block time drops from 75 to 25 seconds. A Zcash ETF recorded net outflows of more than $4 million on Friday, though weekly net inflows were still about $18 million.
In Brief
- Mercado Bitcoin halted deposits and withdrawals after a hack that analysts estimate drained more than $46 million.
- The XRP Ledger's fixCleanup3_4_0 amendment patches a flaw that could let stablecoin partners mint new tokens. It has support from 33 of 35 tracked validators, with the earliest rollout on 4 November.
- Strategy bought 811 BTC for about $65.5 million at $80,846 per coin, bringing its holdings to 849,327 BTC.
- NEAR's HSP-029 governance vote passed on 2 November, cutting maximum annual issuance from 2.5% to 1.6% over 24 months. NEAR still fell 11.17%, with $8.18 million in 24-hour liquidations, mostly longs.
- Beam's rally followed the burn of 984 million BEAM tied to the Binance hack. The attacker never sold those tokens, and the rally faded after profit-taking and falling open interest.
What to Watch
- Binance withdrawals: Phased reopening began on 1 November with 15 networks. Watch whether outflows slow after the reported $4.72 billion in net withdrawals.
- Bitcoin support: BTC support sits near $76,000 after a 2.07% daily drop. A break below that level would extend the risk-off move.
- Ethereum: ETH needs to hold above $2,200 after closing at $2,245.52.
- Zcash: NU7 is expected to activate at block 3,543,405, around 5 November. Analyst Ardi named $1,210 as support and $1,100 as the next downside target.
- Macro calendar: US midterm elections are on 3 November, and October nonfarm payrolls land on Friday, 6 November.