cryptoheadlines

Last 24 hours · updated

Crypto is flat over the last 24 hours

Crypto is lower after a major security incident at Binance, with BTC down 0.9% at $77,196.80, SOL down 1.8% at $95.44 and XRP down 0.9% at $1.24, while ETH is up 0.7% at $2,240.48. US spot bitcoin ETFs took in a net $17.1 million on October 29 after $137.3 million the prior day, though crypto-linked stocks fell sharply in the latest session.

BTC-0.4%$77,284
ETH+0.6%$2,240
SOL-1.4%$95.28
XRP-0.7%$1.24
BTC ETFsUS session+$17Mnet flow, Oct 29

News mood

Leaning bearish 22% bullish · 49% bearish

What's happening

The dominant driver is the Binance security incident, with reports of an estimated $6.3 billion impact and more than $2 billion in ETH and tokens leaving hot wallets to an address funded through Tornado Cash 12. Binance has released initial findings pointing to a possible employee laptop compromise and says it sees no evidence of a key leak, and it expects to start resuming withdrawals within 48 hours 23. The fallout triggered $627.7 million in liquidations in a single hour, most of it on bets that prices would rise, and Tether froze 971 million USDT in a wallet linked to the suspected drain 45. Investor unease also showed up as spot bitcoin ETFs shed $643 million in a day and Ethereum funds lost $156 million 6.

The biggest stories

BINANCE HACKED?? WTF IS GOING ON

bearish

Binance could've been backed, but for now it's unconfirmed.

  • Bitcoin Magazine
  • Digital Asset News
  • The Defiant
  • Crypto Briefing
  • BeInCrypto
  • crypto.news
  • +7 more

First: Bitcoin Magazine · 13 outlets · latest 4h ago

Markets

Mixed 46% bullish · 54% bearish

Crypto liquidations topped $627.7 million in an hour as hack fears sank bitcoin, with $606.6 million of it on long positions 4.

Bitcoin

Leaning bullish 42% bullish · 11% bearish

Ethereum

Mixed 0% bullish · 0% bearish

Altcoins

Leaning bullish 53% bullish · 18% bearish

Shiba Inu saw about 92.07 billion SHIB flow into exchanges on a net basis as selling pressure picked up 7, and XRP failed to break above the upper boundary of its short-term descending channel after the hack-driven sell-off 8.

Crypto stocks

Leaning bullish 63% bullish · 27% bearish

  • COIN$144-10.6%
  • MSTR$131-7.8%
  • HOOD$84.99-7.2%
  • CRCL$72.54-9.3%
  • MARA$6.77-5.5%
  • IBIT$43.36-5.1%

Coinbase posted $134.5 billion in Q3 trading volume as its market share hit 10.7% 9, and Strategy reported a $20.9 billion Q3 operating profit driven by bitcoin gains 10.

Countries

Regulation

Leaning bearish 26% bullish · 42% bearish

The CFTC sued Utah to block prediction-market enforcement against Kalshi and Susquehanna 11, while HTX agreed to halt unlawful UK crypto promotions until October 2031 after an FCA case 12.

Geopolitics & macro

Leaning bearish 0% bullish · 50% bearish

DeFi

Leaning bullish 44% bullish · 28% bearish

Security

Leaning bearish 0% bullish · 76% bearish

Polymarket suspended trading after a third-party breach led to user losses 13, and investigators are tracing an unusual automated laundering operation following the $6.4 billion theft 14.

All headlines from the last 24 hours →