Crypto Briefs

According to The Defiant, a dormant 2021 DxSale launchpad contract was emptied this week across roughly 1,400 BNB Chain liquidity pools, with losses totaling about $7.3 million. The attacker reportedly used a quiet ownership transfer and a one-wei fee reset to gain control of locked funds. The report frames the incident as part of a broader pattern of BNB Chain drains that exploit admin-level privileges.

Blockchain analytics firm Chainalysis, as reported by The Defiant, puts the losses from the Mercado Bitcoin hack at $49 million spread across 17 blockchains. Separately, Mercado Bitcoin says it has blocked $11 million and has committed that no customers will lose funds. Access to its services remains suspended while the incident is handled.

According to CryptoSlate, Binance has warned of a possible second wave of crypto theft while its recovery from a $6.3 billion hack continues. The exchange's November 2 update states that the full proof is complete and that user replenishment stands at about 95%, with broader token coverage planned. The source reports these figures as Binance's own disclosures.

According to The Defiant, the Liquid sidechain has restored full Bitcoin backing following an exploit affecting Elements, the software underlying the network. Full reserves are a condition for restarting direct federation withdrawals, which had been operating under enhanced operational controls. The report does not specify the size of the exploit or the amount of Bitcoin involved.

Crypto Briefing reports that the State Teachers Retirement System of Ohio increased its holding in Strategy, the Bitcoin-heavy company, by 83% to 110,011 shares. The outlet frames the move as a sign of growing institutional acceptance of crypto-linked equities. The article is a short report on the filing-based position change and does not detail the fund's rationale.

Taurus says its Stellar integration now supports smart-contract assets, allowing institutions to perform additional tasks through existing custody controls. The update extends Taurus's custody and issuance services to assets built on the Stellar network. The company's announcement, as reported by NewsBTC, does not specify transaction volumes or client adoption figures.

According to The Defiant, Binance is closing its centralized NFT marketplace and moving the service into Binance Wallet by July 3. The report places the move alongside Coinbase NFT's shutdown a year earlier and the sunset of X2Y2 four months earlier. The Defiant characterizes the moves as a near-complete unwinding of the centralized-exchange-backed NFT marketplace category.

Bitcoinist reports that Ethereum has lost momentum after falling below $1,900, a level it had held as its last major support. The outlet cites a CryptoOnchain analysis identifying a structural divide in on-chain data, with bulls reportedly defending the $1,800 area. The article's full analysis was truncated in the source feed, so the specific on-chain metrics behind the split are not detailed here.

Mastercard announced on June 3 that it will expand its global settlement infrastructure to support on-chain settlement using regulated stablecoins, according to Bitcoinist, citing the company's official press release. The company says card transactions could settle 24 hours a day, seven days a week, including weekends and holidays, which would be a first for the network. The report's headline asks which altcoins are included, but the summarized announcement refers to regulated stablecoins rather than named altcoins.

According to Crypto Briefing, North Korean official Kim Yo Jong has denied that Pyongyang was involved in a $6.3 billion hack affecting Binance, calling FBI allegations to that effect absurd rhetoric. The denial comes as US authorities continue their investigation into the incident. The report is based on the outlet's own coverage and does not include independent verification of the hack's details.

According to Crypto Briefing, the XRP Ledger activated 7,934 new wallets on November 1, making it the sixth-highest single day for new wallet creation in 2026. The outlet suggests the rise in activations may point to growing interest in the network's ecosystem and a possible shift away from purely speculative trading. The report is based on the outlet's own reading of ledger activity and offers no additional sourcing.

According to CryptoSlate, Tether has frozen $4.5 million tied to a hack of Brazilian exchange Mercado Bitcoin, while the attacker still controls about $46 million in cryptocurrency. Mercado Bitcoin said restoration work is ongoing and has released tracking addresses for the stolen funds, but it has not provided a reopening timetable or a total loss figure.

According to an investigator cited by CryptoPotato, daily revenue at some DeFi platforms rose as much as 2,229% as the Binance hacker laundered part of the stolen funds through them. The report suggests illicit flows may have contributed to short-term fee income on those protocols. Confidence is limited because the figures come from a single investigator's analysis as reported by one outlet.

Crypto analyst Tony, who according to Bitcoinist predicted the Bitcoin crash from a local top near $82,000, says BTC is likely to set new lows over the coming months before potentially bottoming in the current bear cycle. The report describes the forecast as the analyst's own view and does not include independent verification of the price targets or timing. The piece is a single-source commentary and should be weighed accordingly.

Charles Hoskinson warned that Cardano could face a broader "wave of failures" across its ecosystem after TapTools said it is preparing to wind down operations over the next two weeks, citing leadership departures and difficult platform economics, according to Bitcoinist. The warning came during a June 2 livestream, which the report describes as one of Hoskinson's sharpest public interventions on Cardano's current governance and commercialization debate.

Bitcoinist reports that Senators Elizabeth Warren and Jack Reed had previously urged US authorities to review whether addresses tied to Russia, North Korea, and the sanctioned privacy mixer Tornado Cash bypassed World Liberty Financial's (WLFI) early presale screenings. The report says a recent WLFI compliance notice raised the prospect that sanctioned wallets could trigger crypto transfer blocks. The article's full details on the notice's scope were not available in the excerpt.

CryptoPotato reports that Zcash (ZEC) network appeared offline for several hours, prompting outage rumors. Helius CEO Mert Mumtaz dismissed those rumors and said the network was fully functional throughout the period. The article does not detail the cause of the apparent disruption beyond that clarification.

CryptoPotato reports that the Internet Computer token (ICP) has outperformed during a broader cryptocurrency downturn, prompting the question of whether the asset could rise toward $10. The article frames the rally potential as a question rather than a forecast and does not cite specific price targets, on-chain metrics, or catalysts in the excerpt provided. Single-source coverage, so readers should verify market data independently.

Crypto Briefing reports that Bitwise's Matt Hougan said the median return of the top 20 crypto assets is down 15% so far this year. The source notes that the gap between median and mean returns points to uneven performance across the market. The article argues this underscores the importance of careful asset selection and risk assessment.

Ari Redbord has described a theft from Binance as the largest bank robbery in history, according to Crypto Briefing. The source reports that the incident highlights the vulnerability of digital assets and has prompted calls for stronger security measures and regulatory oversight. The brief relies on a single short item, which provides no detail on the amount stolen or the attack method.

CryptoSlate reports that Strategy's deployable USD Cash fell 45.3% in the week ended Nov. 1, from $242 million to $133 million, as preferred-stock buybacks exceeded its Bitcoin purchases. The article notes that the balance is available for broader treasury uses, and that Strategy separately holds a $4.79 billion USD Reserve earmarked for preferred-stock dividends and debt interest. The company bought 811 Bitcoin during the period.

According to NewsBTC, WalletConnect Pay now supports payments on the Stellar network. The outlet reports that a planned Bermuda ticketing integration is expected to launch in the second quarter of 2027. The article is a single-source report and does not include further details on transaction volumes or pricing.

ZyCrypto reports that the planned Nasdaq listing of Evernorth is a significant opportunity for XRP holders, according to an unnamed industry analyst. The analyst argues the move could expand capital access to the XRP Ledger (XRPL) ecosystem. The article is a single-source opinion piece and does not provide detailed listing terms or timelines.

According to CryptoPotato, Bitcoin broke down from a multi-month rising channel, triggering a sharp sell-off that pushed the price toward a major support cluster near $65,000. The publication says the rejection from the 100-day moving average and failure to reclaim lost support indicate sellers retain control in the near term. The article notes BTC is now approaching that support zone.

According to CryptoPotato, U.S. spot Bitcoin ETFs have recorded a 12-day streak of net outflows, the longest such run since the products began trading. The outlet notes the streak raises questions about whether institutional demand is weakening and whether it signals further price downside for BTC. The report is a single-source analysis and does not include independent confirmation of the flow figures.

According to Crypto.news, analysts at Citigroup say Bitcoin's recent decline has been driven mainly by nearly $3.8 billion in spot ETF outflows rather than Strategy's sale of 32 BTC. The Citigroup note reportedly argues that investors may be placing too much weight on the Strategy sale as a cause of the price drop. The analysis points to institutional fund flows as the primary driver of recent weakness.

According to ZyCrypto, Japanese firm Pacific Meta Inc. has adopted the Cardano blockchain, a move the outlet frames as growing Cardano's footprint in Japan and supporting real-world blockchain use cases. The report characterizes the partnership as a mega partnership, though it does not detail its financial terms or deployment timeline in the summary provided. The story is single-sourced and should be read as ZyCrypto's account of the announcement.

In a CoinDesk opinion piece, Berkeley Law lecturer Hermine Wong argues that the crypto industry's largest intermediaries are seeking political influence ahead of an election. She contends that the sector's loyalty has been to the underlying technology, and that the risk now is that major intermediaries will claim that loyalty for themselves. The piece is an opinion column rather than reporting on a specific policy action.

CryptoSlate reports that Ethereum co-founder Vitalik Buterin is making private Ethereum payments without relying on a crypto website. According to the article, retaining local code can reduce repeated website delivery, while package updates, signatures and submission remain separate trust decisions. The source's excerpt is brief, so the report's full technical details could not be verified from it.

According to Crypto Briefing, the CEO of Kamino has tied the team's token incentives to long-term valuation milestones. The source describes this as a way to align team and stakeholder interests and promote sustainable growth. The report does not specify the milestone levels, vesting terms, or token amounts involved.