Anthropic's massive commitments highlight the high-stakes nature of AI investments, posing significant risks and dependencies on key tech partners.
The post Anthropic reveals nearly $900 billion in future commitments in IPO filing appeared first on Crypto Briefing.
The UK's increased military support for Saudi Arabia may alter regional power dynamics, potentially curbing Houthi advances and affecting alliances.
The post Britain boosts military support for Saudi Arabia amid Houthi attacks appeared first on Crypto Briefing.
Anthropic's IPO could reshape AI market dynamics, but historical IPO trends and net losses may temper investor enthusiasm and valuation.
The post Anthropic files for IPO, aims for $2T valuation on NASDAQ appeared first on Crypto Briefing.
The declining odds for Republicans in the Senate race could shift legislative priorities and impact future policy-making dynamics.
The post Republicans face steep odds in Senate control as election nears: Fortune appeared first on Crypto Briefing.
Titan Builder's brief revenue surge highlights the volatility and competitive dynamics in Ethereum's block-building market, raising concerns about market concentration.
The post Titan Builder briefly tops DeFiLlama’s 24-hour revenue rankings at $22.83 million appeared first on Crypto Briefing.
▶Bitcoin Magazine

MSTR Q3 2026 Earnings Call: Analyst Q&A
The full analyst Q&A from Strategy’s (MSTR) Q3 2026 earnings call. Phong Le and Michael Saylor take questions from BTIG’s Andrew Harte, Treasury’s Khing Oei, Galaxy’s Alex Thorn, Citi’s Pete Christiansen and Scott Melker on digital credit, Stretch (STRC) returning to par, the other preferreds, Bitcoin’s financialization and tokenization.
Chapters:
00:00 Strategy’s Balance Sheet vs. the Last Bull Market
02:38 You Need a Lot of Capital to Create a Lot of Credit
04:30 When Does Strategy Turn the Equity ATM Back On?
06:06 Why STRC Took Four Months to Return to Par
08:24 What Happens to STRD, STRK and STRE?
10:44 Why the Euro-Listed STRE Is a Challenge
12:51 Is Strategy Financializing Bitcoin?
16:06 How Institutions Are Damping Bitcoin’s Volatility
19:35 Mr. Edison, Mr. Rockefeller and Financialized Bitcoin
20:34 Will Strategy Issue Tokenized MSTR for U.S. Investors?
23:16 The Promise of Tokenization Is a Free Market
26:33 The Elephant in the Room: No U.S. Token Standard
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.
This post MSTR Q3 2026 Earnings Call: Analyst Q&A first appeared on Bitcoin Magazine and is written by Mark Mason.
▶Bitcoin Magazine

Mike Flaum: MSTR Performance “Massively” to the Upside During Next BTC Bull Run
Mike Flaum, CEO of Log Scale Investments, joins Bitcoin Magazine TV to talk Strategy’s Stretch, daily dividends, Strive’s SATS, Bitcoin-backed preferreds vs. Treasury bonds for retirees, mNAV and the four-year cycle. He explains why he separates risk from volatility and why he’s bullish long term.
Chapters:
00:00 Mike Flaum on Strategy and Bitcoin Treasury Companies
00:15 What Stretch Getting Back to Par Means for Strategy
01:18 How Issuing Stretch at $100 Restarts Bitcoin Buying
02:33 Strategy Shareholders Approve Daily Dividends
03:34 Why Daily Dividends Work Like Bitcoin Perpetual Futures
04:51 Opportunistic Traders vs. Long-Term Preferred Holders
07:08 Was Strive’s SATS Oversubscription Net New Money?
09:39 Bitcoin-Backed Preferreds vs. Treasury Bonds for Retirees
11:43 Why Strategy’s Stock Hasn’t Kept Pace With Its Bitcoin
13:41 Gross, EV and Net mNAV Explained
15:04 Digital Credit, Amplification and Share Buybacks
16:47 Strategy vs. Strive’s Capital Stack
18:48 Is the Bitcoin Four-Year Cycle Dead?
20:31 Why Bitcoin Hits an All-Time High Before the Halving
22:08 JPMorgan’s Bitcoin Forecast and Bitcoin’s Long-Term Retur
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.
This post Mike Flaum: MSTR Performance “Massively” to the Upside During Next BTC Bull Run first appeared on Bitcoin Magazine and is written by Patrick Green.
▶Bitcoin Magazine

What to Know About the $6.3 Billion Binance Hack
The biggest crypto-related hack in history by dollar volume just hit Binance, with more than $6.3 billion in affected assets moving on-chain. About $3 billion was frozen through stablecoin operators, but $3.3 billion has not been recovered. Bitcoin Magazine TV breaks down what happened, what Binance has said, and why every day now feels like zero day for crypto security.
Chapters:
00:00 Binance Sees $6.3 Billion Move On-Chain in Record Hack
00:15 Binance Freezes $3 Billion as $3.3 Billion Stays Missing
00:45 Polymarket Hack Drains $2.7 Million From User Wallets
01:13 Why Every Day Is Zero Day for Crypto Security
02:45 What the Multi-Chain Hit Reveals About Binance Custody
03:21 TRM Labs Ties the Attack to North Korea’s TraderTraitor
04:49 How the Funds Flowed Through Stablecoins and Aave
05:52 Can Binance Cover the Losses? Solvency Questions
07:31 Why Stablecoin Freezes Aren’t Freedom Technology
09:07 Bitcoin Stays Resilient Through Hacks and Bear Markets
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.
This post What to Know About the $6.3 Billion Binance Hack first appeared on Bitcoin Magazine and is written by Patrick Green.
Bitcoin Magazine

Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales
Coinbase had a mixed third quarter. Revenue came in at $1.20 billion, below the $1.233 billion analysts expected, according to company filings. Subscription and services revenue did better, reaching $570 million. The company is still heavily tied to trading activity, but its recurring income is growing.
Monthly Transacting Users fell to 7.4 million, down from 9.3 million a year earlier. During its earnings call, Coinbase blamed overall market conditions. Its share of crypto trading volume did rise to 10.7%, the fourth straight quarter of gains, which suggests it is winning business even as the broader market quiets.
Adjusted EBITDA was $332.9 million, extending a run of 15 straight profitable quarters on that measure. The prediction markets business passed $200 million in annualized revenue, and Coinbase One hit a record number of subscribers.
Separately, filings reported on October 30 show CEO Brian Armstrong has set up a plan to sell up to 8.17 million Class A shares. He adopted the plan in August under SEC Rule 10b5-1, which lets executives schedule sales ahead of time. Sales could run from November 16 through October 2027, subject to stock price conditions. Co-founder Fred Ehrsam and President Emilie Choi have similar plans, bringing the total to about 13.6 million shares.
This is not new territory for Armstrong. In the past, VanEck analyst Matthew Sigel tracked about $545.7 million in sales over nine months, starting in April 2025. Armstrong has said these sales are part of his risk management, not a signal about the company.
Coinbase shares (COIN) fell about 15% today, but not necessarily due to this earnings report.
Binance disclosed a security breach on October 29 that it estimates at $6.3 billion, making it the largest crypto theft on record. Around $3 billion in assets has been frozen so far, with industry partners assisting in the freezes.
The hackers are allegedly linked to North Korea, though Binance has not attributed the attack to any group. The exchange says it has found no evidence of a leaked wallet private key.
Binance says it has $6.34 billion in reserves available to cover losses. Deposits were unaffected, and the company expects to resume withdrawals within 48 hours. Figures remain preliminary, and estimates vary slightly across outlets.
The market reacted quickly. Bitcoin fell roughly 4.5% to below $77,000. Shares of Strategy (MSTR) fell nearly 10% on the day. Strive (ASST) shares fell over 12% at times. Coinbase’s stock is down over 55% on the year.
This post Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin Magazine

SEC Charges Two Companies in $130 Million Crypto Trading Scheme
The Securities and Exchange Commission charged two foreign-operated, Colorado-incorporated companies with running a crypto investment fraud that used false federal filings to raise more than $130 million from tens of thousands of retail investors.
The defendants are BG Wealth Sharing Ltd. and DSJ Exchange Pty Ltd. A complaint filed in the U.S. District Court for the Northern District of California alleges that from at least October 2025 through June 2026, the companies induced investors in more than 40 states and several U.S. territories to join a “wealth-sharing program.”
Participants were promised risk-free returns generated by so-called signals for crypto asset trading.
According to the complaint, BG Wealth claimed to be the world’s largest hedge fund, claimed registration with the SEC as an investment adviser, and said it partnered with a licensed and secure crypto trading platform, DSJ Exchange.
The SEC says none of those claims were true. The complaint alleges the companies submitted false Form ADV and Form D filings to the SEC. Those filings were viewable on the agency’s website and shared with investors as evidence that the SEC had licensed or approved the firms.
Laura D’Allaird, chief of the SEC Enforcement Division’s Cyber and Emerging Technologies Unit, described the operation in a statement.
“This alleged scheme was well-planned,” she said, citing social media, encrypted messaging channels, weekly live videoconferences and a mobile app used to engage investors. The complaint alleges the defendants displayed fake certificates bearing the SEC’s seal and made periodic payments to some investors, “a Ponzi-like tactic,” while misappropriating the remaining funds.
The SEC charged both companies with violating the antifraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.
It charged BG Wealth with violating Sections 204(a) and 207 of the Investment Advisers Act of 1940. The agency seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against both companies, along with conduct-based injunctions against BG Wealth.
The Form ADV and Form D filings have been removed from the SEC website.
The SEC’s Office of Investor Education and Assistance has issued investor alerts warning that scammers are using exempt reporting adviser filings to create a false impression of legitimacy. The agency encourages investors to check the background of anyone offering or selling a crypto investment through Investor.gov.
The SEC said it received assistance from the Alberta Securities Commission, the Hawaii Department of Commerce and Consumer Affairs, the Texas State Securities Board, the Utah Division of Securities, the Washington State Department of Financial Institutions, the Wisconsin Department of Financial Institutions, and other authorities.
This post SEC Charges Two Companies in $130 Million Crypto Trading Scheme first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
From December 1, 2026, the bank may combine payments to identified exchanges across relevant accounts and methods under one monthly limit.
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LlamaRisk reports the main emergency batches executed, while available liquidity and collateral rules still determine practical access.
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About 225 million XRP supports three stablecoin loan positions, but December and January maturities do not guarantee automatic collateral releases.
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The October 29 rollout adds a Stellar address to existing multichain accounts, while receiving USDC requires funding and token activation.
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Uniswap says Robinhood uses TJAR for stablecoin fee receipts, while the chosen release price shapes outside traders’ surplus.
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Week 44 of 2026 brought the crypto market the largest theft in its history and Wall Street its worst day since June. On Thursday evening, attackers drained about $6.3 billion from Binance; on Friday, Intel and Reddit lost about 29 percent each and the Nasdaq 2.86 percent. Bitcoin ended the week about 4 percent lower at $77,290, Ether lost 5.2 percent, while Hyperliquid, Zcash and Monero were among the few winners, according to CoinMarketCap on Saturday, 31 October, 00:47 UTC. Here is the week in numbers, the five events that mattered and what comes next week.
Crypto weekly recap: the key facts
Prices and seven-day changes of the largest coins, as of 31 October 2026, 00:47 UTC, according to CoinMarketCap:
| Coin | Price | 7 days |
|---|---|---|
| Bitcoin (BTC) | $77,290 | −4.0 % |
| Ether (ETH) | $2,246 | −5.2 % |
| BNB | $708.61 | −3.6 % |
| XRP | $1.258 | −2.0 % |
| Solana (SOL) | $96.34 | −5.6 % |
| Tron (TRX) | $0.3233 | −1.9 % |
| Hyperliquid (HYPE) | $89.85 | +17.7 % |
| Zcash (ZEC) | $1,279.52 | +9.5 % |
| Dogecoin (DOGE) | $0.0762 | −2.4 % |
| Monero (XMR) | $597.67 | +5.7 % |
| Chainlink (LINK) | $11.68 | −0.4 % |
| Cardano (ADA) | $0.1960 | −6.4 % |
Remarkable: BNB, the token of the hacked exchange, lost less over the week than Bitcoin, Ether or Solana. The market has so far taken Binance's promise to cover all losses at face value.

1. Wednesday: the Fed holds, but turns more hawkish. The US central bank left its key rate at 3.75 to 4.00 percent, but Lisa Cook and Beth Hammack voted for a hike, as CNN reported. Futures now price a December hike at around 80 percent.
2. Thursday: Alphabet's record drop. The Google parent fell 12.6 percent, its worst day since the 2004 IPO, after record spending on AI and negative free cash flow. It was the start of the sell-off in tech.
3. Thursday evening: the Binance hack. From 20:05 UTC, attackers drained about $6.3 billion; TRM Labs attributes the attack to North Korea's TraderTraitor group. Binance suspended deposits and withdrawals and promised to cover all losses. Everything known is in our overview North Korea behind the Binance hack; the theories circulating about it are checked in our conspiracy fact check.
4. Friday: Wall Street trades like a meme token. Intel fell 28.6 percent, Reddit 29.2 percent, the Nasdaq 2.86 percent. The triggers were weak outlooks and doubts about the AI boom, not the hack, as our analysis Binance hack, then a stock market crash: coincidence or connection? shows. The details of the sell-off are in why US stocks now swing like meme tokens.
5. Friday: gold fails as a safe haven. Gold fell 3.6 percent to $3,884.90 per ounce and is now 27 percent below its January record. Why gold rarely protects in the first weeks of a crash is shown in our comparison of six crises: why gold is going down.

Hyperliquid was the strongest large coin with a gain of 17.7 percent, followed by the privacy coins Zcash (+9.5 %) and Monero (+5.7 %). On the losing side were Cardano (−6.4 %), Solana (−5.6 %) and Ether (−5.2 %). The Tron token TRX briefly rose after the Binance hack because the attacker exchanged stolen USDT into TRX, but ended the week 1.9 percent lower. The big picture: the week was dominated by the Binance hack and rising rate expectations, not by individual coins.
Our view: after a week with two historic shocks, the market is nervous but not in panic. The VIX stood at 19.4 on Friday, and Bitcoin held above $76,000. The next week will show whether Binance keeps its promises and whether the Fed's hike expectations hold. Anyone who wants to keep their coins safe from exchange risks will find the options in our hardware wallet comparison. This article is not investment advice.
On Tuesday, 3 November 2026, Americans elect all 435 members of the House of Representatives and 35 of the 100 senators. For Bitcoin and crypto, the midterm elections decide who writes the next crypto law: the market structure bill CLARITY failed in the Senate in September and will probably have to start again in the new Congress in January. Prediction markets on 30 October gave the Democrats a 92 to 94 percent chance of winning the House and 69 percent for the Senate, according to an overview by Oddschecker of Kalshi and Polymarket. The election falls into a week of shocks: the Binance hack, the worst day on Wall Street since June and expected rate hikes by the Fed. Here is what is at stake for crypto investors.
Midterm elections 2026 and crypto: the key facts
The week before the vote is covered in our analyses of the stock market crash and of the question whether the Binance hack and the crash are connected.
Prediction markets are not polls: they show where traders put their money. On 30 October they saw a clear shift of power in the House and a likely, but less certain, Democratic Senate. The amounts are large: more than $1.4 billion has been traded on midterm markets, CNN reported in late October. That is itself a crypto story, because Polymarket settles its bets in the stablecoin USDC.
| Market | Democrats win | Republicans win |
|---|---|---|
| House, Kalshi | 92 % | 8 % |
| House, Polymarket | 94 % | 6 % |
| Senate, Kalshi | 69 % | 31 % |
| Senate, Polymarket | 69 % | 31 % |
Odds as of 30 October 2026, rounded. Odds can move quickly in the last days before an election.

The most important crypto law of this Congress is stuck. The CLARITY Act would divide oversight of digital assets between the SEC and the CFTC and require exchanges to register at federal level. It passed the House on 17 July 2025 with 294 to 134 votes, including many Democrats. In the Senate, the motion to open debate failed on 15 September 2026 by 49 to 50 votes; 60 would have been needed. If the Senate does not act in the lame-duck session before 3 January 2027, the bill expires and the new Congress has to start again. All details are in our explainer CLARITY Act explained.
What changes with a new majority:
Without a law, the agencies keep moving: the SEC has proposed its own rules for crypto assets, and the CFTC proposed a framework for exchanges on 5 October and has cited the Binance hack to promote federal oversight of offshore exchanges, as Decrypt reports. Stablecoins are already regulated by the GENIUS Act of July 2025, regardless of the election.
The crypto industry is one of the biggest spenders of this election. Fairshake and its two affiliated super PACs back 32 House candidates, 19 Republicans and 13 Democrats, and entered September with about $120.4 million in cash, CNBC reported. The strategy is bipartisan: Fairshake supports candidates of both parties who back clear crypto rules. After the failure of CLARITY in the Senate, the money is meant to secure majorities for the next attempt.
There is no reliable election pattern for Bitcoin. We compared the Bitcoin price and the S&P 500 30 days after the last six US elections, measured from the close before election day:
| Election | Bitcoin after 30 days | S&P 500 after 30 days | What dominated |
|---|---|---|---|
| Midterms 2014 | +12.8 % | +2.7 % | early bear market after Mt. Gox |
| Presidential 2016 | +9.6 % | +5.4 % | start of the 2017 bull run |
| Midterms 2018 | −45.2 % | −1.5 % | crypto winter, Bitcoin Cash split |
| Presidential 2020 | +43.5 % | +10.8 % | pandemic money printing |
| Midterms 2022 | −16.4 % | +4.1 % | FTX collapse in election week |
| Presidential 2024 | +42.4 % | +6.3 % | Trump's crypto agenda |
The striking parallel is 2022: in the week of the midterms, the exchange FTX collapsed, and Bitcoin fell 16 percent within a month while stocks rose. In 2026 the midterms again follow an exchange crisis, the Binance hack, but with one important difference: Binance has promised to cover all losses and is not insolvent according to everything known. The results of a vote rarely move Bitcoin as much as the state of its own market.

Our view: in the short term, rates and the aftermath of the Binance hack matter more for Bitcoin than the election. The Fed is expected to hike in December, and the October jobs report on Friday, 6 November, will shape that expectation. In the medium term, the midterms decide whether the US gets a crypto law in 2027 or remains regulated by agency rules. A divided Congress, which prediction markets currently consider likely, would mean slower legislation and more power for the SEC and CFTC. For investors, uncertainty is not a reason to panic, but a reason to keep coins on regulated platforms or in their own wallets.
Regulated platforms that already work under clear rules are compared in our overview of regulated crypto exchanges. This article is not investment advice.
Within hours of the largest crypto theft in history, theories spread on social media: the Binance hack was an inside job, Binance staged it to hide losses, money flows to the Trump family are behind it, and the timing five days before the US midterm elections is no coincidence. Our fact check of the evidence available on 31 October 2026 shows: there is no public evidence for any of these claims. Blockchain investigators attribute the attack to North Korea, and US authorities are tracing the stolen funds. What is documented, however, are close business ties between Binance, its founder Changpeng Zhao (CZ) and the Trump family's crypto company World Liberty Financial. They explain why the theories find fertile ground.
Fact check at a glance
Everything known about the attack itself is in our overview North Korea behind the Binance hack; all major cases are on our page on crypto hacks.
The ground for the theories was prepared long before the hack. In November 2023 Binance pleaded guilty to violations of US anti-money laundering and sanctions laws and agreed to pay $4.3 billion, according to the US Department of Justice. CZ stepped down as CEO, was sentenced to four months in prison and released in September 2024, as DL News summarises.
In March 2025 the Abu Dhabi investment firm MGX announced a $2 billion investment in Binance. In May 2025 it emerged that the deal would be settled in USD1, the stablecoin of World Liberty Financial, the crypto company co-founded by the Trump family. According to a Bloomberg report cited by Cointelegraph, Binance also helped to create and promote USD1. On 23 October 2025 President Trump pardoned CZ. Democratic congresswoman Maxine Waters called it "the payoff", Yahoo News reported. Binance's CEO Richard Teng rejected the claim that the exchange had boosted USD1 to obtain the pardon, according to CNBC, and Trump said in an interview that he had "no idea" who CZ was.

Verdict: no public evidence. According to Binance's own first findings, the attackers gained access through a compromised laptop of a DevOps engineer and from there to a service container that authorised withdrawals; there is no sign that private wallet keys were leaked. This is exactly the method of North Korea's TraderTraitor group, which the FBI held responsible for the $1.5 billion Bybit hack in February 2025. TRM Labs attributes the Binance attack to that group with high confidence. Chainalysis sees the same group as the likely perpetrator; its strongest evidence is that the stolen funds were mixed with money from last month's Bitget exploit, as SecurityWeek reports. An employee's device being the entry point does not make it an inside job: TraderTraitor typically targets staff with fake job offers and malicious files. Gizmodo sums it up: there is no public evidence of an inside job.
Verdict: no evidence, one point still open. A staged hack would have to explain why third parties froze about $3 billion of the loot within hours: Tether and Circle alone blocked more than $2.3 billion, Ripple, the Arbitrum Security Council and World Liberty smaller amounts, according to TRM Labs. The US Secret Service says it is working with private partners to "identify, freeze, trace and recover" the funds, NBC News reports. Binance says it has set aside $6.34 billion of company funds to cover the losses. Rumours that Binance is insolvent are not new: earlier in 2026 a forged cease-and-desist letter circulated, which Binance publicly called a fake, as FinanceFeeds reported. The open point: co-CEO Teng has promised a full proof of reserves by Monday, 2 November. Only then can the claim be checked against figures.

Verdict: false as stated, the business ties are real. CZ did not get out of prison through a deal. He served his four-month sentence and was released in September 2024, more than a year before the pardon. The pardon of 23 October 2025 erased the conviction, it did not end a prison term. The money he paid was part of the 2023 settlement: $4.3 billion from Binance and a $50 million fine for CZ personally, both public. What critics see as a quid pro quo is the order of events in 2025: the $2 billion MGX investment settled in USD1, then the pardon. Binance, MGX and CZ deny any connection; Democratic senators led by Elizabeth Warren have asked the companies and the government for documents. There are no charges.
Verdict: no evidence, the facts point the other way. World Liberty Financial froze 27.8 million USD1 in the attacker's receiving wallet on Thursday evening and then blocked USD1 in the compromised Binance wallet, according to CryptoSlate. President Trump said on Friday that his administration was "looking at" the incident and that he was reassured by Binance's pledge to reimburse losses. A company that freezes the attacker's money is a poor candidate for a beneficiary. Indirectly, World Liberty does depend on Binance, because most USD1 activity takes place there, according to blockchain data; a weakened Binance would hurt the Trump family's stablecoin rather than help it.
Verdict: no evidence of a political motive. The midterm elections on Tuesday, 3 November, decide control of Congress and therefore the pace of crypto regulation. The crypto industry is spending heavily: the super PAC Fairshake backs 32 House candidates from both parties, CNBC reported. But North Korea's hacking groups do not follow the US election calendar. They steal to finance their state and have struck at all times of the year, from Bybit in February 2025 to Bitget in September 2026. In Washington, the hack is used politically after the fact: CFTC chairman Michael Selig cited it to promote his plan for federal oversight of offshore exchanges, Decrypt reports. Using a crisis is not the same as causing it.
Many readers also asked whether the hack and Friday's crash on Wall Street are connected. We have checked that separately: Binance hack, then a stock market crash: coincidence or connection?
Our view: scepticism towards Binance is understandable given its history, and the ties between the exchange and the Trump family deserve scrutiny. But the evidence on the hack points to an external attacker, not to a plan. If you keep coins on an exchange, the lesson is a different one: only coins in your own wallet are out of reach of an exchange hack; our hardware wallet comparison shows the options.
A safe Binance alternative is a crypto exchange licensed under the EU's MiCA regulation. Bitpanda, Kraken, Bitvavo and Coinbase are listed with their European entities in the register of the EU securities watchdog ESMA and may hold and exchange crypto for customers in all 30 countries of the European Economic Area. No Binance entity appears in that register. Since the hack of 29 October 2026, in which around $6.3 billion left the exchange's hot wallets according to Binance, many investors are looking for a new home for their coins. This guide shows what the four exchanges charge, how to move your crypto in five steps and when a hardware wallet is the better choice.
Note: some links in this guide are affiliate links and marked as advertisement. If you open an account through them, CryptoTicker earns a commission. The price stays the same for you.
Key facts at a glance
Binance is covering the damage from the hack, but withdrawals have been frozen since the evening of 29 October. Not being able to reach your own money is exactly what is pushing many customers towards a Binance alternative.
At around 20:05 UTC on 29 October 2026, Binance's hot wallets were compromised. In its second incident update of 30 October, the exchange puts the loss at around $6.3 billion and promises that users will not bear it. Binance has set aside $6.34 billion from its emergency fund SAFU and corporate treasury, $5 billion of it in exactly the stolen tokens such as USDT, USDC, bitcoin, ether and BNB. According to the exchange, that covers about 80% of the loss, and it is buying the rest on the market. Around $3 billion of the stolen funds is frozen on-chain.
Deposits and trading continue, withdrawals are paused. The tech team aims to start resuming them in phases within about 34 hours of the update of 30 October, so from 31 October. Binance has announced a proof of reserves by Monday, 2 November. According to TRM Labs, the attack points to the North Korean group TraderTraitor, and our overview North Korea behind the Binance hack has the full background.
Binance's pledge is strong, but it remains a promise from a company. If you live in the EU, you can also keep your money with an exchange that has to meet legal custody obligations.
The most important criterion is a licence as a crypto-asset service provider under MiCA. Whether an exchange has one is listed in ESMA's public register.
Regulation (EU) 2023/1114 has applied to crypto exchanges since 30 December 2024. A licence from one EU country is valid in all 30 countries of the European Economic Area. Two rules matter most for you as a customer: under Article 75, a custodian must keep your crypto separate from its own assets. And it is liable to you for losses from incidents attributable to it, up to the market value at the time of the loss.
ESMA lists licensed providers in a public register. As of 29 October 2026 it contains 392 entries. Bitpanda, Kraken, Bitvavo and Coinbase each have an entity licensed for custody and exchange in all 30 countries. No Binance entity appears in the register.
Outside the EU, the picture is different: in the United States, Coinbase and Kraken serve customers, while Bitpanda and Bitvavo focus on Europe. Wherever you live, look for app-based two-factor authentication, a whitelist for withdrawal addresses and a simple way to pay in and out in your currency. All four exchanges in this guide offer that.

Bitvavo is the cheapest of the four exchanges, Bitpanda offers the widest selection, and Kraken and Coinbase have the longest track record. All four are licensed under MiCA, each through an entity in a different EU country.
| Exchange | MiCA entity and supervisor | Licensed since | Fee per purchase | Cryptocurrencies | Minimum amount |
|---|---|---|---|---|---|
| Bitpanda | Bitpanda GmbH, FMA (Austria) | 9 April 2025 | from 0.99% | 650+ | €1 |
| Kraken | Payward Europe Solutions Limited, Central Bank of Ireland | 25 June 2025 | 1% | 629 | €1 |
| Bitvavo | Bitvavo B.V., AFM (Netherlands) | 26 June 2025 | 0.25% | 428 | €5 |
| Coinbase | Coinbase Luxembourg S.A., CSSF (Luxembourg) | 20 June 2025 | up to 1.875% plus spread | 404 | €1 |
Licences from the ESMA register, as of 29 October 2026. Fees and offering from our comparison of regulated crypto exchanges, October 2026.
A worked example shows what the range means: for a €1,000 purchase you pay €2.50 at Bitvavo, from €9.90 at Bitpanda, €10 at Kraken and up to €18.75 plus spread at Coinbase. If you move once and rarely trade afterwards, you will hardly notice the difference. If you buy every week, factor it in.
All four offer apps for iOS and Android and euro payments via SEPA. The differences lie in selection, fees, savings plans and staking.
Bitpanda was founded in Vienna in 2014 and is licensed through Bitpanda GmbH by the Austrian Financial Market Authority FMA. On top of that come MiCA licences for Bitpanda Asset Management GmbH in Berlin via BaFin and for a subsidiary in Malta. With more than 650 cryptocurrencies, Bitpanda has the widest selection of the four, savings plans start at €1 and staking is available. After the hack, the exchange set up a dedicated page for Binance customers: Advertisement, for readers in the EU: Bitpanda's three-step guide to moving your crypto from Binance. More details are in our Bitpanda review.
Kraken is one of the oldest crypto exchanges in the world. In Europe it operates through Payward Europe Solutions Limited in Dublin, licensed by the Central Bank of Ireland. In the US, Kraken is registered with the CFTC, in the UK with the FCA. Kraken lists 629 cryptocurrencies, a simple purchase costs 1%, and via the Kraken Pro interface 0.8% according to our comparison. Advertisement: Go to Kraken. Details on fees and security are in our Kraken review.
Bitvavo is based in Amsterdam and licensed under MiCA by the Dutch regulator AFM. At 0.25% per purchase, it is the cheapest of the four in our comparison, it lists 428 cryptocurrencies and the minimum amount is €5. Savings plans run through the app, and there is a rewards programme for staking. The exchange is at bitvavo.com, and our assessment is in the Bitvavo review.
Coinbase is listed on Nasdaq and was the first company to receive a crypto custody licence from Germany's BaFin. For the EU, Coinbase Luxembourg S.A. is licensed under MiCA by the Luxembourg regulator CSSF. Coinbase lists 404 cryptocurrencies and is especially beginner-friendly, with fees of up to 1.875% plus spread depending on the payment method. Advertisement: Go to Coinbase. What stood out in our test is in the Coinbase review.
Once Binance reopens withdrawals, the move usually takes less than an hour. What matters is the right network and a test amount before the big transfer.
Watch out for scammers: after big hacks, fake emails promising a "refund" spread quickly. Binance points only to its official channels. Never enter login details via a link in an email and never share your two-factor codes with anyone.

The safest Binance alternative for coins you hold for longer is not an exchange at all, but a hardware wallet. There, you hold the keys, and a hack at an exchange does not affect those coins.
A hardware wallet stores your private keys offline on a small device. You confirm every transaction on the device itself, so even an infected computer cannot reach the keys. Entry-level devices such as the Ledger Nano S Plus and Trezor Safe 3 started at €59 at manufacturer prices on 16 October 2026, Tangem with two cards at $59.90. Our hardware wallet comparison shows which device suits you.
That freedom comes at a price: if you lose both the device and the recovery phrase, nobody can help you. Write the phrase on paper or steel, keep it in two places and never store it digitally. A split has proven itself: money for trading on an exchange with a MiCA licence, everything long term on the hardware wallet. Our guide how to keep crypto safe walks you through it.
Binance has kept its word so far, and a lot points to it doing so again. Switching to an exchange with a MiCA licence still makes sense for anyone in the EU who values European supervision.
Binance's track record speaks for it: the exchange fully covered the theft of 7,000 bitcoin in May 2019 from SAFU. This time, it says it has already set aside around 80% of the loss in the affected tokens and has announced a proof of reserves for Monday. Under that pledge, customers who leave their coins on Binance should not lose money.
What speaks for switching is what a MiCA exchange legally owes you: segregated custody, liability for losses and a supervisor that can step in if something goes wrong. At Binance, customer protection rests on the company's pledge. This is not a recommendation to buy from any of the four exchanges, each has its own strengths. How we rate Binance itself is in our Binance review.
Cryptocurrency prices are highly volatile, and a total loss is possible. This guide is not investment advice.
In less than 24 hours, crypto and Wall Street each had a historic shock. On Thursday, 29 October 2026, from 20:05 UTC, attackers drained about $6.3 billion from Binance, the largest crypto theft on record. On Friday, the Nasdaq had its worst day since June, Intel and Reddit lost about 29 percent each. Many readers ask whether the two events are connected. Our analysis of the timeline, the sizes and the money flows gives a clear answer: there is no evidence that the Binance hack caused the stock market crash. The stock losses were set off by quarterly results and outlooks, Alphabet's record drop even happened before the hack began. But both markets are linked by the same backdrop: expected rate hikes, doubts about the AI boom and a lot of leverage.
Binance hack and stock market crash: the key facts
The details of the hack are in our overview North Korea behind the Binance hack, the stock market sell-off in why US stocks now swing like meme tokens.
The order of events is the strongest argument against a direct link. All times in UTC:
| Time (UTC) | Event |
|---|---|
| Wed 28 Oct, evening | Fed holds rates, two officials vote for a hike; Alphabet reports after the US close |
| Thu 29 Oct, 13:30 to 20:00 | US session: Alphabet −12.6 %, about $500 billion in market value lost |
| Thu 29 Oct, 20:00 | US close; Intel, Reddit and Amazon publish quarterly results in the evening |
| Thu 29 Oct, 20:05 | Binance hack begins; most funds leave within about 20 minutes, according to TRM Labs |
| Fri 30 Oct, 01:36 | Binance suspends all deposits and withdrawals |
| Fri 30 Oct, 13:30 to 20:00 | US session: Intel −28.6 %, Reddit −29.2 %, Nasdaq −2.86 % |
The weak outlooks of Intel and Reddit were published on Thursday evening, in the same hours as the hack, but they came from the companies themselves and had been scheduled for weeks. Intel's stock was already falling in after-hours trading, as CNBC reported on Thursday evening.
Hardly, and the sizes show why. The hack moved about $6.3 billion, and about $3 billion of it was frozen within hours, according to Binance. Crypto traders lost about $1.5 billion in leveraged bets in 24 hours, according to CoinDesk. On the stock market, the numbers are of a different order: Alphabet alone lost about $500 billion in market value on Thursday, according to CNBC, and Intel about $120 billion on Friday. That second figure follows from CNBC's report that the US government's 10 percent stake lost about $12 billion in value.
For a crypto event to drag down the stock market, there would have to be forced sellers who hold both: funds that need cash because of crypto losses and sell stocks for it. There is no sign of that. Binance has promised to cover all losses from its own funds, so its customers are not expected to bear them, and the attacker exchanged a part of the loot on decentralised exchanges, for example around 234 million USDT into the Tron token TRX, according to the blockchain analytics firm Elliptic. Those are amounts that disappear in the daily turnover of a single large US stock.

Unconnected the two markets are not. There are three bridges:
Over the month the result is similar: Bitcoin ended October around 7.6 percent lower, the Nasdaq around 5.3 percent, and gold lost about 7 percent as well. Why gold did not help either is explained in our analysis why gold is going down.

Google has shown AI-generated answers above the search results in the US since May 2024, and launched the chatbot-style AI Mode for all US users in May 2025. That fewer people click through to websites has been discussed ever since. Three things are new: Reddit's CEO Steve Huffman put a number on it, with more than one million fewer Google referrals per week on average in October; Reddit's revenue outlook fell short of expectations; and the company is testing whether users will have to log in. Reddit's data-licensing deal with Google is also up for renewal, as Decrypt reports. A known risk became a measurable loss, and that is when stock prices react.
That two shocks fall on the same evening looks suspicious, but the earnings dates of Intel, Reddit and Amazon were public weeks in advance, and the hack is attributed with high confidence to North Korea's TraderTraitor group by TRM Labs and, as likely, by Chainalysis. Whether the attackers deliberately chose the minutes after the US close, when Western trading desks wind down, is not known. There is no public evidence of any coordination between the hack and the stock market. We have checked the theories circulating about Binance, its founder and US politics separately.
Our view: the crypto crash and the stock market crash of this week are two separate shocks that hit an already nervous market at the same time. The connection lies in the backdrop, not in a plan. That is exactly why the next days matter for both markets.
Anyone who wants to protect their coins from exchange risks will find the options in our hardware wallet comparison. This article is not investment advice.
Michael Selig said the record $6.4 billion theft shows why offshore exchanges should register with the CFTC and adopt U.S.-grade cybersecurity standards.
Intel beat third-quarter earnings expectations, but warned of a prolonged PC slump, sending shares to their worst daily decline in 50 years.
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.
Reddit shares are down 44% this week after CEO Steve Huffman warned that Google's AI-powered search features are cutting referrals, while weaker user growth and disappointing fourth-quarter guidance added to investor concerns.
Binance lost about $6.4 billion, the largest crypto hack on record, yet Bitcoin fell about 3%, against nearly 11% in 2018 when the exchange was last attacked.
A statistical flaw in XRP price's historical data warns of major price turbulence this November.
Shiba Inu's SHIB faces mounting downside risk as three bearish indicators align.
Bitcoin, Ethereum, XRP and BNB all took a beating on October 30, and each of them is now sitting on support.
Ledger CTO Charles Guillemet has warned that two new cryptographic breakthroughs could pose a long-term threat to Bitcoin (BTC).
While China bans crypto, Solana secures a regulated Hong Kong dollar gateway via a licensed Standard Chartered venture.
PG&E Corporation () shares slipped 0.38% to $13.18 after losing $0.05 during the trading session. However, the stock recovered from afternoon lows but remained below its opening price. Meanwhile, its subsidiary, Pacific Gas and Electric Company, secured a major international emergency management accreditation.
PG&E Corporation, PCG
The recognition makes PG&E the first energy utility worldwide to receive accreditation from the Emergency Management Accreditation Program (EMAP). The achievement follows five years of work to strengthen the company’s emergency preparedness, response and recovery capabilities. Additionally, the accreditation establishes a new benchmark for emergency management across the energy utility industry.
The EMAP accreditation recognizes PG&E’s emergency management framework across its Northern and Central California service territory. The company provides essential energy services to more than 16 million customers across the region. Consequently, its emergency response capabilities play an important role in protecting communities and maintaining essential services.
EMAP operates as an independent organization that evaluates emergency management programs against internationally recognized standards. Its accreditation process requires organizations to demonstrate compliance with 73 established emergency management standards. Notably, PG&E completed its assessment without any identified nonconformances.
The accreditation places PG&E among a limited group of private-sector organizations recognized by EMAP. Only three other private-sector organizations currently hold the same accreditation. These include Amtrak and the District of Columbia Water and Sewer Authority.
PG&E spent five years developing and improving its emergency management program before securing the accreditation. During that period, the company benchmarked its practices against other accredited organizations. It also participated in external assessments and strengthened its emergency policies and procedures.
The accreditation process examined several areas beyond the company’s written emergency plans. EMAP evaluated how PG&E identifies hazards, assesses risks and prepares for potential emergencies. The assessment also covered incident management, resource coordination and communication with the public.
EMAP reviewed the company’s training programs, emergency exercises and recovery capabilities. These requirements assess whether organizations can coordinate resources and manage incidents effectively. Therefore, PG&E’s accreditation reflects an assessment of its broader emergency management operations.
The EMAP recognition also highlights the importance of emergency preparedness across PG&E’s customer network. The company’s responsibilities extend beyond maintaining electricity and gas services during normal operations. Its emergency management program also addresses how teams respond when unexpected events affect communities.
EMAP Commission Chair Jody Ferguson highlighted the company’s attention to employees and the communities it serves. The assessment recognized the organization’s commitment to people throughout its emergency management operations. This focus formed part of the broader evaluation of PG&E’s preparedness and response capabilities.
PG&E continues to provide customers with information about preparing for emergencies. Its Safety Action Center offers guidance on emergency supply kits and other preparedness measures. The resource also helps customers access information that supports personal and household emergency planning.
For PG&E, the accreditation marks a significant development in its emergency management program. It also introduces the energy utility sector to EMAP’s internationally recognized assessment framework. Meanwhile, PCG shares ended the session at $13.18, down 0.38%.
The post PG&E Corporation (PCG) Stock: Dips as Utility Earns Global Emergency Management Accreditation appeared first on Blockonomi.
AstraZeneca PLC (AZN) stock climbed 7.02% to $186.65, adding $12.25 during the trading session. The advance followed strong nine-month financial results, with revenue and core earnings recording solid growth. Additionally, the pharmaceutical company reported new medicine approvals and positive clinical results, strengthening its development pipeline.
AstraZeneca PLC, AZN
AstraZeneca generated $46.9 billion in total revenue during the first nine months of 2026. The figure represented 7% growth at constant exchange rates, while product revenue reached $46.8 billion. Meanwhile, alliance revenue increased 33% to $2.8 billion, supporting the company’s overall revenue performance.
Core operating profit increased 14% to $16.4 billion during the reporting period. Similarly, core earnings per share reached $8.00, marking a 14% increase at constant exchange rates. Reported earnings per share also improved, rising 11% to $5.62 on a constant currency basis.
The third quarter contributed $16.2 billion in total revenue, representing 7% growth at constant exchange rates. Product revenue reached $16.17 billion, while alliance revenue increased 36% to $1.11 billion. Furthermore, core EPS climbed 19% to $2.79, while reported EPS increased 26% to $2.02.
Oncology remained AstraZeneca’s largest therapy area, generating $21.9 billion during the first nine months. The division accounted for 47% of total revenue and recorded 16% growth at constant exchange rates. Consequently, oncology provided the largest contribution among the company’s reported therapy areas.
Rare Disease generated $7.5 billion, representing 16% of total revenue during the period. The division recorded 11% growth at constant exchange rates, reflecting continued expansion across its business. However, BioPharmaceuticals revenue declined 5% to $16.7 billion, accounting for 36% of total revenue.
Within BioPharmaceuticals, Respiratory and Immunology revenue increased 10% during the reporting period. Conversely, Cardiovascular, Renal and Metabolism revenue fell 14%, while Infectious Disease declined 12%. These contrasting results reflected different performance trends across AstraZeneca’s established treatment categories.
AstraZeneca secured 47 approvals across major regions following its fourth-quarter 2025 results. The approvals included four new medicines, namely Etcamah, Baxfendy, Klygefa and Amlypave. Additionally, the company reported 12 positive Phase III programme readouts with substantial potential commercial value.
The company also announced first Phase III data for three new molecular entities. These included tozorakimab, efzimfotase alfa and sonesitatug vedotin, expanding its late-stage development portfolio. Their combined development progress adds to a pipeline supporting AstraZeneca’s longer-term commercial plans.
AstraZeneca maintained its full-year 2026 financial guidance following the nine-month results. At constant exchange rates, the company expects total revenue to increase by a mid-to-high single-digit percentage. Furthermore, it projects low double-digit growth in core EPS and expects its core tax rate between 18% and 22%.
The company also identified substantial revenue potential across its upcoming clinical programmes. Its 2027 readouts carry potential peak annual revenue exceeding $20 billion, according to its outlook. Meanwhile, AstraZeneca continues to target its 2030 ambition through late-stage medicines and developing technologies.
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Joby Aviation (JOBY) shares declined 3.35% to $4.91, losing $0.17 during the trading session. However, the company advanced its commercial expansion plans through a statewide electric air taxi flight campaign in Florida. The week-long demonstration covers Tampa, Orlando and Kennedy Space Center, highlighting progress toward future passenger operations.
Joby Aviation, Inc., JOBY
Joby Aviation launched a series of piloted electric air taxi flights across Florida on October 30. The campaign includes flights between Tampa, Orlando and the Space Coast. Meanwhile, the demonstrations mark Florida’s first operations under the federal eIPP program.
The U.S. Department of Transportation announced the eIPP initiative in March 2026. The program connects government agencies and private companies to accelerate electric air taxi integration. Additionally, the initiative supports the development of safety procedures for emerging aircraft operations.
Florida’s campaign represents one of eight projects selected nationwide under the initiative. The Florida Department of Transportation coordinates the statewide effort with several industry partners. Furthermore, the project covers passenger transportation, cargo delivery, automation and medical response across three phases.
Joby’s Florida campaign began with a flight across Tampa Bay on October 30. The aircraft traveled from Albert Whitted Airport in downtown St. Petersburg to Tampa International Airport. Notably, the route follows the historic journey of the first scheduled commercial airline flight.
That flight took place on January 1, 1914, between St. Petersburg and Tampa. Aviation pioneer Tony Jannus operated the historic service with former mayor Abe Pheil aboard. Consequently, Joby’s demonstration connects the company’s technology showcase with Florida’s aviation history.
The campaign also includes operations at Orlando International Airport near Terminal C and its train station. Joby plans to use a new vertiport designed for electric vertical takeoff and landing aircraft. Moreover, the company developed airport integration procedures through two years of simulations with federal and local partners.
Another demonstration will take place at Kennedy Space Center’s Shuttle Landing Facility. The flight coincides with the UP.Summit, bringing Joby’s aircraft to a major aerospace location. Together, these demonstrations will provide operational data across several Florida aviation facilities.
Florida has developed its advanced air mobility plans since 2021 through the state transportation department. In April 2026, Governor Ron DeSantis signed House Bill 1093. The legislation allows the department to fund vertiport infrastructure across the state.
Florida is developing SunTrax Air, an advanced air mobility testing campus near Interstate 4. The facility includes the nation’s first dedicated aerial test track for advanced air mobility. Testing at the campus is scheduled to begin by the end of 2026.
Joby’s Florida expansion also builds on its existing aviation operations through subsidiary Blade. Blade has operated passenger flights between the New York area and South Florida since 2015. Meanwhile, the company plans to relaunch BLADEone jet services to Miami and Palm Beach in November.
Joby is also progressing through the final stages of FAA type certification. Its Florida demonstrations will provide operational information covering airport integration, aircraft acoustics and vertiport procedures. Ultimately, the campaign supports the company’s preparations for commercial electric air taxi services.
The Florida flights conclude Joby’s 2026 Electric Skies Tour, following demonstrations across several major U.S. markets. Previous stops included the San Francisco Bay Area, New York and Dallas-Fort Worth. However, JOBY shares finished the session lower despite the company’s latest expansion milestone.
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Walmart Inc. (NYSE: WMT) shares climbed 1.95% to $123.62, adding $2.37 during the trading session. The retailer also announced a strategic investment in Texas-based energy company Base Power. The agreement will bring home battery services to Walmart customers and Sam’s Club members, alongside a 20% discount on eligible installation fees.
Walmart Inc., WMT
Walmart’s partnership with Base Power expands its business beyond traditional retail operations. The agreement introduces residential energy solutions through Walmart and Sam’s Club locations. Additionally, the investment strengthens Walmart’s involvement in services that address household energy expenses and electricity reliability.
Base Power develops home battery systems that help households manage electricity costs. The systems store energy and provide backup power during grid outages. Consequently, customers can access an alternative power source when regular electricity services become unavailable.
The partnership will initially focus on Texas, where Base Power has established its largest operating market. Beginning in November, eligible customers can enroll in Base Power battery offerings. Participating Walmart and Sam’s Club locations will provide access to enrollment and information about available services.
The agreement includes a 20% discount on Base Power’s standard upfront battery installation fee. Customers and Sam’s Club members must enroll in an eligible offering to receive the discount. However, the promotion applies only at participating retail locations and remains subject to eligibility requirements.
Base Power follows an ownership model that differs from traditional whole-home backup systems. The company installs, owns and maintains the residential battery equipment. Customers pay an upfront installation fee, which Base describes as substantially lower than traditional whole-home backup solutions.
Base Power offers electricity plans in eligible Texas service areas. These plans aim to help participating households reduce their electricity bills. However, available products, installation requirements, pricing and potential savings depend on location, utility service areas and individual customer circumstances.
The arrangement gives Walmart another way to connect its retail network with household services. Customers can meet Base representatives inside participating stores and discuss available energy options. They can also ask questions and complete enrollment through those representatives.
Texas represents Base Power’s largest and most established market for residential energy services. The company currently serves more than 35,000 members across the state. More than 20,000 households have installed Base battery systems in their homes.
The remaining members receive electricity services through Base Power. These figures establish Texas as the initial market for Walmart’s new energy offering. Furthermore, the existing customer base provides an established platform for introducing the partnership.
Walmart plans to introduce the services in Texas before expanding into additional locations and markets. However, the company has not identified specific markets or dates for future expansion. The initial rollout will therefore concentrate on participating Texas Walmart and Sam’s Club locations.
The partnership adds another service category to Walmart’s existing retail offering. It also creates a distribution channel for Base Power’s residential battery products. Through the arrangement, both companies will target households seeking lower energy costs and backup electricity options.
The post Walmart Inc. (WMT) Stock: Rises as Texas Energy Expansion Brings 20% Battery Installation Discount appeared first on Blockonomi.
Tonomy S.R.L. is developing a blockchain-based prediction market platform powered by TON and has announced that it has submitted an application for registration with the U.S. Commodity Futures Trading Commission (CFTC).
A new player has emerged in the international prediction market industry: Tonomy, a technology project developed by Tonomy S.R.L., a company registered in Panama.
The company has launched its platform, which combines the TON blockchain, a web-based interface, and a Telegram Mini App. The platform is already operational and actively accepting predictions, with its primary focus on short-term prediction markets related to cryptocurrency price movements.
Tonomy aims to build an international technology platform and establish its position in the prediction market sector, which continues to attract attention from the financial and technology industries.
According to company representatives, Tonomy sees itself as a potential competitor to established international prediction market platforms. However, its ability to compete at scale will depend on product development, user adoption, and regulatory status.
Prediction markets allow participants to forecast the outcomes of future events by choosing between possible results. These platforms bring together market expectations, available information, and user participation in a digital environment.
Tonomy focuses on making this experience accessible through its web platform and Telegram Mini App. By combining blockchain infrastructure with familiar digital interfaces, the project aims to simplify access to prediction markets and connect with users interested in cryptocurrency and emerging financial technologies.
The platform’s focus on short-term cryptocurrency predictions places it within a rapidly evolving segment of the digital asset industry.
An important part of Tonomy’s technological strategy is its integration with the TON ecosystem.
By building on TON and providing access through a Telegram Mini App, the company aims to connect blockchain technology with an accessible user experience. This approach offers users different ways to interact with the platform while positioning Tonomy within an expanding ecosystem of blockchain-based applications.
The combination of a dedicated website and Telegram integration also supports the company’s broader goal of reaching an international audience.
More information about the project and its platform is available on the official Tonomy website.
A significant milestone in the company’s development has been its engagement with the U.S. Commodity Futures Trading Commission (CFTC).
According to Tonomy, the company has submitted an application for registration as a Designated Contract Market (DCM) and received confirmation that the documents were received.
Submitting an application marks the beginning of the relevant regulatory process. It does not mean that the company has already obtained registration, a license, or authorization to operate in the United States.
Tonomy considers regulatory compliance an important part of its long-term strategy and international development plans.
The company plans to continue developing its technological infrastructure, improving its product, and expanding its international presence.
As the prediction market industry evolves, Tonomy aims to strengthen its position through its technology, integration with the TON ecosystem, and continued product development.
The company’s next stage will focus on attracting users, improving the platform experience, and building recognition in international markets.
Whether the new entrant can become a significant competitor to the industry’s largest prediction market platforms will depend on its future development, user adoption, and ability to navigate the regulatory landscape.
The post A New Player Enters the Prediction Market Industry: Tonomy Sets Its Sights on International Expansion appeared first on Blockonomi.
The team behind Pi Network introduced four new technical updates aimed at developers and businesses building around the ecosystem.
The additions affect the Developer Portal, Pi BlockExplorer, SoloHost, and PiVerify, with several designed to make app creation and deployment much easier.
The announcement published earlier this week says that one of the biggest changes is a redesigned Developer Portal, which now brings key application settings into a dedicated App Configuration section. Devs can manage domains, API keys, app wallets, privacy information, and other core settings from a single place, while navigation to services such as Pi Sign-In, PiNet, the Ad Network, and ecosystem listings has been simplified.
The goal is to reduce friction when integrating payments, authentication, and other Pi functionality into applications. The team added that the update for the Pi BlockExplorer allows it to display historical price data for Launchpad Testnet tokens. Users can now track how much assets such as SLICE move relative to Test-Pi without operating the Pi Browser or even holding a Pi account.
The same functionality is expected to support future Mainnet tokens once that feature goes live. The team stressed that the current assets are strictly Testnet tokens and will never migrate to Mainnet, with the feature primarily serving as a testing and educational tool ahead of the first Mainnet token launch.
Several technical updates have been released to support developers!
– An improved Developer Portal simplifies app configuration and management
– Pi BlockExplorer now tracks historical prices for Launchpad Testnet tokens
– A new SoloHost skill enables AI assistants to prepare app packages for Pi Desktop
– PiVerify has expanded identity verification capabilities for third-party businessesThese improvements reduce barriers to building on Pi, expand utility for Pioneers, and support preparations for the upcoming Ecosystem Summit.
Go to the Pi mining app to learn more!
— Pi Network (@PiCoreTeam) October 31, 2026
The Core Team explained that they have added a new skill to its public SoloHost GitHub repository that allows devs to use AI coding assistants, such as Claude Code, Cursor, or Codex, to prepare apps for publication through Pi Desktop.
Instead of manually creating the necessary configuration files, developers can provide an existing public Docker image and let the assistant generate and validate the required docker-compose.yml and config_options.yml files.
The fourth update targets PiVerify, the project’s identity-verification service for outside businesses. The team added face-uniqueness checks and multiple liveness checks, designed to help companies detect duplicate identities and request additional verification when needed. They claimed that this could strengthen protections against fake accounts, fraud, and automated abuse while extending technology originally developed for Pi’s own KYC system to third parties.
These updates arrive shortly after the introduction of Pi Desktop version 0.6.4, and ahead of the upcoming ecosystem summit. Meanwhile, the native token has maintained yesterday’s gains and continues to trade above $0.078.
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Ripple’s XRP is under renewed pressure after failing to break above the upper boundary of its short-term descending channel. Trading around $1.25, the token has slipped into a key Fibonacci support area, where the reaction over the coming sessions could decide whether the August recovery remains intact or gives way to a deeper retracement.
On the daily chart, XRP continues to retrace the sharp rally from the $0.99 August low to the $1.70 high, which stalled just below the major $1.7-$1.8 supply zone. Since then, the asset has printed lower highs, losing the 0.5 Fibonacci retracement at $1.34 earlier this month and drifting back toward the $1.25 support zone.
This area is important because it coincides with the 0.618 retracement level and a prior demand zone from mid-September. Yesterday’s candle briefly dipped to approximately $1.20, tagging the 0.702 level, before buyers pushed the price back toward $1.25. The long lower wick suggests that demand is responding, although the daily close has yet to confirm a successful defense.
If the $1.25 zone holds, XRP would first need to reclaim the $1.34 Fibonacci level and the $1.40 supply zone, where the latest rebound was rejected. Conversely, a decisive daily close below $1.20 would expose the $1.10-$1.14 demand zone, which overlaps with the 0.786 retracement, and would be the market’s last line of defense before XRP erases all of its gains since August.

The 4-hour timeframe shows XRP trading within a descending channel since its late-September peak near $1.65. The latest rally attempt was rejected at the upper boundary around $1.33, extending the sequence of lower highs and lower lows that has defined the structure throughout October.
That rejection pushed the price through the $1.25 demand zone, with a wick to roughly $1.20 before a modest recovery. XRP is now hovering around the lower edge of this zone, so buyers are trying to reclaim it rather than defend it from above. Failure to do so would raise the risk that sellers turn the area into resistance.
A recovery back above $1.28 could open the way toward the upper channel boundary, currently near $1.3, and the $1.4 supply zone beyond it. On the other hand, renewed weakness below $1.20 would likely bring the channel’s lower boundary near $1.17 into play.
Overall, the short-term pattern still favors sellers. A meaningful shift in structure would require XRP to break above the descending channel and reclaim the $1.40 supply zone, while the $1.20 low remains the key line buyers need to protect.

The post Ripple Price Analysis: Can XRP Recover After the Hack-Driven Sell-Off? appeared first on CryptoPotato.
The cryptocurrency market appears set to end the business week deep in the red after the $6.3 billion Binance hack sent shockwaves through the entire sector.
The leading digital assets Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) did not escape the pullback, with one popular analyst suggesting they could plunge even more before attractive buying opportunities emerge.
The primary cryptocurrency fell sharply after news of the multi-billion attack, dropping to a six-week low of around $76,500. Bulls temporarily reclaimed some losses and pushed the price above $78,500, but the sell-off continued, and as of press time, BTC trades near $76,700.
Ali Martinez was among the many analysts commenting on the Binance hack that led to the crypto bloodbath, saying that, as reports spread, Bitcoin was rejected after retesting its 50-day moving average, with resistance falling toward $78K. He stated the next level to watch is the 200-day MA near $73,000.
“That’s where I plan to reassess a BTC dip buy,” he added.
For their part, Rekt Fencer drew an interesting parallel between the recent Binance attack, last year’s Bybit hack, and the FTX meltdown in 2022. They noted that each catastrophe was followed by a major BTC price resurgence, claiming “the bottom is in.”
ETH fared even worse than the leading cryptocurrency over the last 24 hours, temporarily slipping below $2,200 and currently trading just above that zone. According to Martinez, the asset appears to have broken under a right-angled ascending broadening pattern on the daily chart, with the pattern pointing to a possible move toward $2K, which could become a buying opportunity if ETH finds support there.
X user Ted also weighed in, noting that the asset tapped the crucial $2,200 zone. He believes a weekly close below this level could open the door to a drop under $2,000.
Ripple’s cross-border token fell 4% on the day, currently trading near $1.23. Martinez thinks it has moved inside a parallel channel since February, but during the latest market collapse it breached the structure’s mid-range support at around $1.25.
“If it cannot reclaim that level, I’m watching for a deeper correction toward the channel’s lower boundary near $1,” the analyst added.
EGRAG CRYPTO also commented, arguing that the recent sell-off has given XRP investors a perfect buy-the-dip opportunity. The analyst claimed the asset is in the middle of an accumulation zone, which has historically been preceded by a 500% explosive move, setting $8-$9 as potential targets.
The post BTC, ETH, XRP Plunge After Binance Incident: Analyst Reveals Buy-the-Dip Levels appeared first on CryptoPotato.
Binance co-CEO Richard Teng told the exchange’s customers that the company will cover all losses after a security incident estimated to have impacted $6.3 billion.
Additionally, Binance has conceded that the compromised laptop, which was initially blamed for the breach, was not the only factor, as investigators have found additional points of attack.
In an X post, Teng said that the initial investigations suggested that an attacker may have gained access through a DevOps engineer’s compromised laptop, which allowed them to get into a service container and submit unauthorized withdrawals. However, he cautioned against reducing the incident to one employee’s permissions or a single click.
“To be clear: the attacker did not simply use one engineer’s permissions, and this was not a single “one-click” action,” the executive explained. “It involved a more complex attack process. Our investigation has not attributed responsibility to any individual.”
Regarding what the exchange had done since the hack, the co-CEO pointed out that it had temporarily stopped withdrawals and had performed a complete security revamp of the whole withdrawal service and addresses connected to it. Binance also revoked the authorizations of affected addresses and has invited law enforcement agencies and on-chain intelligence firms to help trace and recover the money.
A later update from Binance changed the picture further, with the exchange saying subsequent investigations had uncovered “additional points of breach,” although it didn’t say exactly what they were.
Teng added that the company had found no evidence of a private key leak and that about $3 billion of the $6.3 billion that had been stolen had been frozen on-chain with the help of “blockchain partners.” Furthermore, he reiterated that customer funds were safe and that Binance will cover all losses from its SAFU fund as well as additional funds from the company.
Many X users responded positively to Teng’s explanation, praising the crypto firm’s “strong” leadership and transparency. Others were just relieved that their funds were safe.
However, some were less accommodating. One of them, the NFT account Chill Pill, which has a following just shy of 100,000, said it “wouldn’t trust Binance” at this point. Meanwhile, self-described crypto watchdog MASTR called the exchange incompetent and suggested that if it sold more assets to reimburse users, it could add pressure on the wider market.
Others, like former X head of product Nikita Bier, laid into Binance co-founder Changpeng Zhao, calling him a “nomadic autistic man” and questioning his “funds are SAFU” response to the biggest crypto hack in history.
Indeed, the shock was felt in the market, with BTC briefly dipping to $76,300 and wiping out nearly $479 million in positions, with ETH recording another $363 million in liquidations.
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The cryptocurrency market saw major volatility over the past week, with one altcoin hitting a brief record high before dropping sharply. The frog-themed meme coin PEPE also grabbed headlines, posting strong gains despite the broader market downturn, but the spotlight eventually shifted to Binance.
The biggest crypto exchange suffered a $6.3 billion hack, undermining the digital asset sector’s reputation and sparking panic across the community. Prior to that, the company said it would delist numerous trading pairs.
Earlier this week, Quack AI (Q) suddenly exploded to a new all-time high of $0.24, while its market capitalization surged to nearly $1 billion, making it one of the top 100 biggest cryptocurrencies. Nonetheless, the token quickly gave up its gains, collapsing back to around $0.06 and nearly returning to its pre-rally level.
While it remained unclear what triggered the classic “pump-and-dump” move, some savvy traders took advantage of the price action, sparking speculation that they had inside information.
Trader 0xF1fE profited almost $1 million mainly by opening long positions on Q as the price rose, while Crypto with Haris ₿ said he made over $17,000 after catching “the perfect top” to short Q.
The AI-related altcoin remained highly volatile in the following days and currently trades around $0.04, up 15% on a daily scale and down 60% on a weekly basis.
The popular meme coin has jumped by 6% over the past week and, as of this writing, is worth around $0.0000052. It boasts a market capitalization of around $2.2 billion, making it the 46th-biggest cryptocurrency.
The main reason for its strong performance is a recent move by TRON’s Justin Sun. Earlier this week, several sources reported that the Chinese businessman increased his PEPE holdings to 11.85 trillion coins, becoming the token’s largest individual holder. In fact, only Binance, Robinhood, and Coinbase own more PEPE than he does.
Analysts like Altcoin Sherpa and Sweep assumed that the meme coin’s uptrend isn’t over yet, while the X account BSCN recently revealed that one “legendary” whale has purchased more than 45 billion PEPE for roughly $206,000.
Undoubtedly, the top news of the week, and perhaps of the year so far, is the $6.3 billion hack that Binance suffered. Some suspect that the perpetrators are the North Korea-associated group TraderTraitor, which also stood behind the $1.5 billion attack on Bybit last year. If you are willing to learn more about the incident, take a look at our dedicated article here.
The hack negatively impacted the crypto sector and triggered about $1.5 billion in liquidations, most of which were long positions. In the aftermath, the industry’s total market capitalization dropped 3.6% over the past 24 hours to around $2.68 trillion.
This is a clear plunge, yet some might have expected a bigger catastrophe, given that Binance is a major symbol of the crypto world and remains the leader in its field. According to X user Quinten, the market didn’t crash more after the massive hack for one reason: “no domino effect.”
“Unlike FTX and other collapses, this won’t trigger a chain reaction of bankruptcies, liquidations and further losses across the industry. Money was stolen from the world’s biggest exchange. Binance has the funds to cover it. Nobody else takes the hit. Why would the market crash over an isolated incident involving the player with the deepest pockets in the industry? No contagion. No bankruptcy risk. No domino effect,” he explained.
Beyond the chaos with the multi-billion attack, Binance performed wallet maintenance on the ETH network on October 28, briefly suspending deposits and withdrawals on that blockchain. No complaints were raised, and operations should have resumed.
The company also said it will delist the following spot trading pairs: AAVE/BTC, ATOM/BTC, CAKE/BTC, DASH/BTC, ETC/BTC, ICP/BTC, PENDLE/BTC, RENDER/BTC, TAO/BTC, THETA/BTC, XAUT/BTC and XTZ/BTC and the margin trading pairs RE/USD1, 币安人生/U, KAT/U, BTC/USDS, ETH/USDS, AVNT/U, FET/U, TRUMP/U, APT/U, WLFI/U on October 30.
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