Crypto Market News
Updates Every Day at 8 AM US Eastern. Last Update: Oct 31, 2026 08:00 US Eastern
We have updated our website. Please visit our Crypto News and Crypto Blog pages.
TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and Ethereum fell below $2,300. More than $1.5 billion in leveraged positions were liquidated as investor sentiment weakened. Binance pledged to cover customer losses and confirmed that approximately $3 […]
Coindesk - Oct 31 2026, 01:01 EST: Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserveThe 18,270 BTC haul is worth about $1.4 billion and comes within 442 coins of SpaceX’s disclosed holdings. Blockchain investigators link the attack to North Korea.
Bitcoinist - Oct 30 2026, 11:20 EST: THORChain’s RUNE Rallies as Binance Hack Funds Move Through ProtocolTL;DR: THORChain’s RUNE token climbed more than 13% to $0.67 after Binance confirmed a $6.3 billion security breach. The price increase came as on-chain investigators reported that funds connected to the Binance and Bitget hacks had passed through THORChain, bringing renewed attention to the protocol’s role in cross-chain cryptocurrency transactions. THORChain’s native RUNE token recorded […]
Coindesk - Oct 30 2026, 20:48 EST: OpenAI reportedly cuts fundraising and valuation targets amid AI jittersAnxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on Friday.
Bitcoinist - Oct 30 2026, 10:48 EST: Binance Hack Shows How One Ethereum Permission Drained $2.5 BillionTL;DR Binance hack shows an attacker reportedly used Ethereum’s EIP-7702 authorization feature to drain approximately $2.5 billion from Binance’s Ethereum hot wallet. The attacker gained the ability to move funds without repeatedly requesting individual transaction approvals. The incident forms part of a wider Binance security breach estimated at $6.3 billion. Binance suffered one of the […]
Coindesk - Oct 30 2026, 15:55 EST: Experts divided over Binance hack asset freezes, warn recovery is another matterTether, Circle and others moved within hours to block billions in stolen crypto, but legal experts question whether smaller victims would get the same protection.
Bitcoinist - Oct 30 2026, 09:40 EST: Coinbase Q3 Earnings Show 66% Profit Jump as Prediction Markets GrowTL;DR: Coinbase reported $719 million in net income for Q3 2026, marking a 66% increase year over year. However, total revenue declined 35% to $1.22 billion, while prediction markets generated more than $200 million in annualized revenue as the exchange expanded beyond traditional crypto trading. Coinbase reported a significant increase in third-quarter net income, returning […]
Coindesk - Oct 30 2026, 12:31 EST: Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restartCEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.
Bitcoinist - Oct 30 2026, 08:39 EST: Trezor Issues Safe 5 Warning as Hardware Implant Raises Security ConcernsTL;DR: Trezor issuses Safe 5 warning and urged customers who purchased hardware wallets through CryptoBilis since March 2026 to transfer their funds to a new device. The warning follows a disclosure alleging that a Safe 5 wallet contained a hidden cellular implant capable of capturing recovery phrases. Hardware wallet manufacturer Trezor has issued a security […]
Coindesk - Oct 30 2026, 10:13 EST: Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hackAnalysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market's recovery.
Bitcoinist - Oct 30 2026, 05:42 EST: XRP Ledger Proposes 4 Fixes for Restricted Token RulesTLDR XRP Ledger developers have proposed four fixes to close gaps in issuer approval requirements for restricted tokens. The changes would strengthen checks on trading pool shares and token transfers, preventing unapproved accounts from acquiring restricted assets through exceptions. Holders without approval would generally only be able to return affected tokens to the issuer, unless […]
Coindesk - Oct 30 2026, 08:13 EST: Binance arranges $6.34 billion to cover losses from record crypto hackBinance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.
Bitcoinist - Oct 30 2026, 05:32 EST: Elon Musk Warns AI Agents Could Exploit Crypto After Binance HackTLDR Elon Musk warned that advanced AI agents could eventually exploit cryptocurrency systems to obtain money for themselves. His remarks followed reports that a Binance-linked attacker deposited 60 million USDT into Aave and borrowed approximately $44.6 million in wrapped Ether. Musk did not claim AI was involved in the Binance hack. His warning concerned the […]
Coindesk - Oct 30 2026, 07:51 EST: Here's how big bitcoin traders responded after the Binance hack hitYour day-ahead look for Oct. 30, 2026
Bitcoinist - Oct 30 2026, 05:09 EST: Bitcoin Price Falls Below $80K After $6.3B Binance HackTLDR Bitcoin price dropped roughly 2% to around $78,420 as the market reacted to Binance’s $6.3 billion security breach. Crypto liquidations reached $1.54 billion over 24 hours, with long positions accounting for approximately $1.3 billion. Binance said about $3 billion in affected assets had been frozen and pledged to cover losses through its SAFU fund […]
Coindesk - Oct 30 2026, 07:35 EST: Here’s how an Ethereum upgrade helped drain part of Binance’s $6 billion lossOn Ethereum, the attacker used a 2025 upgrade built to make ordinary wallets smarter, armed with 50 signatures from Binance's own wallet.
Coindesk - Oct 30 2026, 07:09 EST: Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lowerBitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.
Coindesk - Oct 30 2026, 05:41 EST: Strategy CFO Andrew Kang resigns as company posts record operating profitAndrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.
Coindesk - Oct 30 2026, 04:36 EST: Live updates: Bitcoin falls below $77,000 as Binance exploit combines with tech woesThe $6.3 billion Binance hack added to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending pushed the Nasdaq down more than 2%.
Coindesk - Oct 30 2026, 03:54 EST: Binance hacker dumps a little-known 2017 token and it crashes 90%The hacker dumped FUN and other smaller tokens into markets too small to absorb large selling, leading to price crashes.
Coindesk - Oct 30 2026, 02:22 EST: Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto betsBets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
Coindesk - Oct 30 2026, 01:45 EST: XRP Ledger developers tighten the rules for who can hold 'restricted' tokensA set of fixes would tighten who can hold permissioned tokens on the network. The XRP Ledger Foundation says no users were affected.
Coindesk - Oct 30 2026, 01:43 EST: Binance hack bites India's largest crypto exchange as it curbs futures tradingCoinDCX has restricted new futures positions after Binance’s security incident disrupted a key liquidity provider. Deposits, withdrawals and customer funds remain unaffected, the exchange said.