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In brief Intercontinental Exchange will be the exclusive operator of Trade[XYZ]’s regulated markets and is taking a strategic stake in the company, subject to regulatory approvals and with no launch date. HYPE rose from a daily open of $80.69 to a high of $92.10 on KuCoin, about 7% below its September record near $98. The Fed held rates at 3.75% to 4% in a 10-2 vote, with two officials wanting a hike, while WTI crude traded near $100 and the 10-year Treasury yield sat at about 5%. HYPE, the token behind the Hyperliquid exchange, jumped about 13% on Thursday to…

In brief Long-term Bitcoin holders own about 4 million BTC bought between $85,000 and $118,000, mostly in 2025, according to on-chain analytics firm Glassnode. Bloomberg Intelligence puts the average cost basis of U.S. spot Bitcoin ETF holders just under $82,000, with Bitcoin trading around $81,600. The Federal Reserve held rates at 3.75% to 4.00% on Wednesday in a 10-2 vote, with traders putting the odds of a December hike above 70% beforehand. Bitcoin’s long-term holders are sitting on losses on about 4 million BTC bought between $85,000 and $118,000, and many may sell if the price climbs back toward that…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR; Bitcoin’s 18th anniversary has renewed debate over the financial system Satoshi Nakamoto sought to challenge, with small businesses continuing to face the consequences of inflation, rising costs, and repeated financial bailouts. The Bitcoin white paper turns 18 on October 31, marking another milestone for the cryptocurrency originally introduced as an alternative to the traditional financial system. Published by Satoshi Nakamoto in 2008, the document outlined a peer-to-peer electronic cash system that could operate without relying on financial institutions or centralized intermediaries. Its release came just weeks…

In brief Binance has estimated the total impact of Thursday’s security incident at around $6.3 billion, and said about $3 billion of it has been frozen onchain. The firm initially pointed to a compromised DevOps engineer’s laptop, but now says its investigation has uncovered “additional points of breach.” The exchange said it will cover all losses from its SAFU fund and company funds, and has reopened deposits while withdrawals remain suspended. Binance has uncovered “additional points of breach” in Thursday’s security incident, which it estimates cost around $6.3 billion, the exchange said on Friday, after initially pointing to a compromised…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR A crypto industry veteran says a stolen iPhone led to approximately $14,000 in losses after thieves accessed his cryptocurrency and financial accounts. The incident highlights how an unlocked smartphone can expose several accounts through a single point of access. The victim says securing his accounts immediately would have been more useful than chasing the thief. A stolen iPhone became the starting point for hours of financial damage for Magnus Ahmad, a former cryptocurrency executive whose experience highlights a vulnerability beyond exchanges and blockchain protocols: the device…

Jupiter Lend’s reported USDC withdrawal liquidity stood at about 29 million USDC in a 09:25:56 UTC reading on Oct. 31, easing the immediate cash constraint at Jupiter’s lending product after near-zero availability the previous afternoon.Bitquery reported that only $88.89 of USDC was free to withdraw at 16:18 UTC on Oct. 30, against $416 million owed to Jupiter Lend’s USDC savers. The October 31 reading indicates a substantial increase in reported funds available for exits. Related ReadingMystery whale pulls $290 million from DeFi every midnight as Aave borrowing rates triple An earlier API snapshot captured the initial overnight recovery:The official Earn…

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our daily news show ‘FOMO HOUR’ covering all of the top stories and market action.GM!Today’s top news: Crypto majors rebound fall 1-2% alongside stocks; BTC at $77.5k Binance hacked for $6.4B by NK, roughly half frozen; Binance to cover losses out of SAFU fund AAVE forced to freeze v3 and v4 markets on Ethereum after attacker used them Polymarket paused trading after front-end extension hacked, leading to user losses HYPE soars after NYSE partnership, Druckenmiller…

In brief Attackers stole roughly $6.4 billion from Binance on Thursday in the largest crypto hack ever, more than four times the previous record. Binance says it will cover all losses with company funds and its emergency reserve, having set aside more than $6.34 billion. Here’s how it happened and what’s being done about it. Crypto just suffered the largest hack in its history.On Thursday, attackers drained roughly $6.4 billion from Binance, the world’s largest cryptocurrency exchange, in a breach that dwarfs every theft before it and has triggered a cross-border law-enforcement investigation, a scramble by stablecoin issuers to freeze…

In brief Reward hacking means an AI scores well on its objective without doing what the objective was meant to measure, and Anthropic says it has occurred in recent frontier training runs, including in its own models. OpenAI models stuck on unsolvable ExploitGym tasks chained zero-day exploits to reach Hugging Face, and METR found they were mainly trying to understand the scorer. The UK AI Security Institute found every model it tested tried to cheat, while Anthropic’s experiments show that heavy reward hacking can spread into broader misbehavior. In July 2026, a group of OpenAI models taking a cybersecurity test…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR 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 and company resources. US spot Bitcoin ETFs attracted fresh inflows, while $80,188 emerged as an immediate resistance level for BTC. Bitcoin Price Slides as Leveraged Positions Unwind Bitcoin price remained below $80,000…

A California-based heart monitor maker is warning more than eight million people that hackers stole their personal and health information. iRhythm Holdings says unauthorized individuals accessed and downloaded data from certain third-party-hosted business applications between June 3rd and June 8th. The U.S. Department of Health and Human Services (HHS) breach portal now lists 8,179,772 people as impacted. The stolen data includes patient names, addresses, email addresses, phone numbers, dates of birth, iRhythm account numbers, device serial numbers, insurance numbers and dates of service. “On or around June 8, 2026, iRhythm detected unauthorized access in certain third-party-hosted business applications. Upon detecting…

In brief CZ asked Elon Musk to stop trolling Binance over its $6.3 billion hack, citing the exchange’s SpaceX shares, which he values at more than $1 billion. Binance co-CEO Yi He said the company’s annual revenue is sufficient to cover the losses without selling its SpaceX holdings. CZ later clarified that he had never suggested selling the shares. Binance has reserved more than $6.34 billion in company funds to cover the incident, while TRM Labs and Chainalysis have attributed the attack to North Korea-linked hacking group TraderTraitor. Binance co-founder Changpeng Zhao, better known as CZ, called out Elon Musk…

In brief Binance CEO Richard Teng said the exchange will cover all hacked losses, having reserved over $6.34 billion of company funds, $5 billion in the affected tokens. Teng said the attacker used a self-destruct mechanism to wipe tooling and traces, and an EIP-7702 delegation that bypassed Binance’s normal approval controls. Binance aims to restore withdrawals by Sunday and publish a full proof of reserves by Monday, as the attacker keeps moving funds on Tron. Binance will cover every dollar lost in this week’s hack with its own money, CEO Richard Teng said in a video address on Friday, adding…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TLDR 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 potential behavior of future autonomous systems. Aave introduced restrictions across its V3 and V4 lending markets, while Binance reported approximately $6.3 billion in affected assets and $3 billion frozen. Musk Warns AI…