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North Korea-linked hackers stole 18,270 BTC in the Binance hack on Oct. 29, an amount equivalent to roughly three times North Korea’s goods exports last year, MBC reported. The broadcaster said the stolen holdings were about 59% larger than Tesla’s 11,509 BTC holdings. They also exceeded by more than twofold the Bitcoin holdings of the El Salvador government, which had at one point accumulated the cryptocurrency at the state level, according to the report.

An anonymous address bought 15,216 ETH using 34.69 million USDC about 10 minutes ago, according to EmberCN. The average purchase price was around $2,279, and the USDC used for the trade was withdrawn from Kraken earlier today.

CoinMarketCap’s altcoin season index stood at 47. The index compares the price performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins. A market is considered to be in altcoin season when 75% of those top 100 coins outperform Bitcoin over the past 90 days, while the opposite is considered Bitcoin season. A reading closer to 100 indicates stronger altcoin season conditions.

A ruling Democratic Party lawmaker has proposed a basic law that would require virtual asset, or digital asset, exchanges to re-evaluate all listed digital assets within one year after the law takes effect, Digital Asset reported. Rep. Jung Tae-ho of the Democratic Party introduced the bill on Oct. 29. Under the proposal, digital assets deemed to pose a significant risk to user protection or market order would have to undergo a priority review within six months of the law’s effective date. If a review finds an asset no longer meets listing maintenance requirements, exchanges would have to begin delisting procedures while ensuring users have an opportunity to dispose of or transfer the asset. The bill would also formalize the listing review system in law. Listing service providers would be required to establish a listing review committee to assess assets under objective standards, including technical stability, the appropriateness of issuance and distribution structures, investment risk, and the impact on user protection and market order.

According to CoinGlass data, BTC and ETH posted monthly returns of -7.32% and -16.06%, respectively, in October. For BTC, it was the biggest October decline since 2014, when it fell 12.57%, while ETH saw its steepest October drop since 2016, when it fell 16.84%. BTC also declined for a second straight October after a 3.95% drop in October 2025, while ETH fell for a third consecutive October after declines of 3.35% in 2024 and 7.21% in 2025. The median October return on record is 10.92% for BTC from 2010 to 2026 and 1.87% for ETH from 2015 to 2026.

Cardano ecosystem developer Intersect has released a proposal for the 2027 Cardano Ecosystem Budget Process, CryptoSlate reported. Under the proposal, three bodies — Intersect, PRAGMA and the Cardano Foundation — would oversee six budget categories and help set grant review criteria and budget plans. The proposal would also allow those bodies to apply directly for grants, while delegated representatives, or DReps, would retain final approval over grant payments and budget allocations. It also envisions an "Open Contributions" track through which anyone could seek support directly from DReps without a separate oversight body. Specific budget allocations and conflict-of-interest safeguards, however, have not yet been finalized. The process is scheduled for a pilot run in 2027 pending DRep approval, and Intersect tentatively plans to submit the full budget proposal on Nov. 10.

South Korean crypto community platform Cobak said it completed service maintenance conducted from 8:00 p.m. UTC on Nov. 1 to 12:00 a.m. UTC on Nov. 2 to apply new contracts for CBK and CC. Cobak said its services are now operating normally, and the new contracts have been applied to key CBK- and CC-related functions. The company also directed users to its CBK token migration notice and official migration page.

According to DeFiLlama data, Binance recorded $5.86 billion in net cryptocurrency outflows over the past 24 hours. Over the same period, OKX saw $426 million in net inflows and Bybit posted $148 million in net inflows. Last week, Binance suffered a hack that caused about $6.34 billion in losses, then suspended deposits and withdrawals before gradually resuming withdrawals after security checks.

The Bank of Korea has begun a market review by asking banks and securities firms about their cryptocurrency business plans and risk assessments, Yonhap News Agency reported. The survey includes questions on each institution’s crypto-related organization and budget, market-entry status, business risk assessments, and risk-response measures. It also asked how much impact financial firms could face if South Korea’s largest cryptocurrency exchange by market share temporarily suspends operations after an incident such as a major hack, according to the report. Yonhap said the central bank appears to be seeking an internal reference document on financial firms’ entry into the crypto market as efforts advance to bring virtual assets into the regulatory fold.

Bitcoin mining profitability indicator hashprice fell 17.54% over October, Bitcoin.com reported. According to Hashrate Index data, estimated daily revenue per 1 PH/s of mining power declined to $33.18 on Nov. 1 from $40.24 on Oct. 1. Hashprice, a metric that measures expected revenue relative to mining hardware computing power, fell alongside the BTC price after the Binance hack. Despite that decline, total Bitcoin mining revenue in October reached $1.215 billion, the highest level since November last year. Over the same period, BTC fell 7.3%. The outlet analyzed that the total network hash rate still stood at 1,082.24 EH/s and mining activity has not yet shown major disruption, though the key question is whether mining firms can remain financially resilient if profitability keeps deteriorating.

According to data from Dropstab, the major token unlocks scheduled for this week (Nov. 2–8) are as follows: - KITE: 800 million tokens ($98.64 million), representing 30.45% of circulating supply, at 12:00 a.m. UTC on Nov. 3 - ICNT: 15.26 million tokens ($2.67 million), representing 6.03% of circulating supply, at 12:00 a.m. UTC on Nov. 3 - LA: 29.03 million tokens ($1.72 million), representing 15.04% of circulating supply, at 12:00 a.m. UTC on Nov. 4 - MMT: 12.19 million tokens ($1.55 million), representing 5.97% of circulating supply, at 6:00 a.m. UTC on Nov. 4 - PROVE: 19.45 million tokens ($3.93 million), representing 9.97% of circulating supply, at 12:00 a.m. UTC on Nov. 5 - POWER: 18.76 million tokens ($1.40 million), representing 8.93% of circulating supply, at 12:00 a.m. UTC on Nov. 5 - ENA: 171.88 million tokens ($31.69 million), representing 1.28% of circulating supply, at 8:00 a.m. UTC on Nov. 5 - GF: 362.36 million tokens ($3.14 million), representing 1.58% of circulating supply, at 12:00 a.m. UTC on Nov. 6 - STABLE: 888.89 million tokens ($23.81 million), representing 4.94% of circulating supply, at 12:00 a.m. UTC on Nov. 8

The key global macro events in the first week of November are as follows. Times have been converted from Korea Standard Time to UTC. - Nov. 3: U.S. midterm elections; Austan Goolsbee, president of a U.S. Federal Reserve Bank, is scheduled to speak at 4:15 p.m. UTC on Nov. 2 - Nov. 4: U.S. October ADP nonfarm employment change at 1:15 p.m. UTC - Nov. 6: U.S. October nonfarm payrolls and unemployment rate at 1:30 p.m. UTC

Decentralized trading platform StandX said the DUSD airdrop started today at 12:00 a.m. UTC. The airdrop can be claimed until 8:00 a.m. UTC on Dec. 31.

Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper panel shows a volume heatmap, while the lower panel represents cumulative volume delta, or CVD. - The volume heatmap in the upper panel tracks trading volume at each price level, and the background color becomes brighter when the price stays within a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance levels. - The cumulative volume delta indicator in the lower panel reflects buy and sell orders by order size, and the line for each color rises as buy orders increase. The yellow line represents orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million, among other thresholds.

CoinMarketCap’s in-house Crypto Fear and Greed Index came in at 36, remaining in the fear zone. A reading closer to zero signals extreme market fear, while a reading closer to 100 indicates extreme optimism. The index is calculated based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio, and CoinMarketCap’s proprietary search data.

Bitcoin has fallen 10% since a major hacking incident but is still showing relative strength against the Nasdaq 100 Index and the SPDR Gold Shares ETF, Bloomberg Intelligence analyst Jamie Coutts said in a post on X. Coutts added that a similar pattern appeared at turning points in past market cycles, while worsening global liquidity conditions are weighing on Bitcoin and are tied to a five-year refinancing cycle. Coutts said it is worth noting that Bitcoin is moving out of sync with the liquidity cycle for the first time in its history.

The founder of crypto hardware wallet maker OneKey warned BlackRock’s spot Bitcoin ETF, IBIT, could become a target of North Korean hackers, according to crypto news account Solid Intel. No specific attack vector or evidence supporting the threat was disclosed.

Bitcoin closed October at $77,430, while its monthly relative strength index, or RSI, remained above 50 for a third consecutive month, Cointelegraph reported. RSI is a technical indicator that measures the relative strength of price gains and declines, and a reading above 50 is generally seen as signaling stronger bullish momentum. Cointelegraph highlighted the indicator’s continued strength and raised the possibility that Bitcoin could be entering a new bull market.

Twenty-nine percent of investors surveyed said Bitcoin would top $100,000 by year-end if Republicans control the U.S. Congress, Bloomberg reported. In the survey of 301 investors and financial professionals, 8% said BTC would rise above $100,000 if Democrats control Congress, while 14% expected that outcome if the two parties split control. In the scenario where Democrats control Congress, 55% said BTC would fall by year-end but remain above $60,000, while 16% expected it to drop below $60,000.

Bitcoin-based DeFi protocol Threshold said all tBTC node operators have either applied a security patch for a critical Linux kernel vulnerability or shut down their nodes, The Defiant reported. Threshold said it found no signs of attacks on tBTC nodes exploiting the flaw or any unauthorized BTC transfers, and added that tBTC collateral remains intact. The protocol also disclosed that about 0.5 ETH was stolen from one node operator’s transaction fee payout account in a separate security incident, which it said was unrelated to the Linux vulnerability. New tBTC minting and BTC redemptions remain suspended, while restrictions also remain in place on new deposits and additional collateralized borrowing against Aave’s roughly $136.3 million in tBTC reserves.

BTCPay Server urged service operators to immediately shut down running server instances after reports of attacks involving unauthorized withdrawals from hot wallets. In a post on its official X account, BTCPay Server said it was receiving reports that attackers were stealing hot wallet funds and asked operators to suspend active server instances until the security incident investigation is completed. The cause of the attack and the full scale of the damage have not yet been confirmed.

North Korean hackers laundered about $242 million of funds stolen from Binance on the Tron network over two days, The Block reported, citing on-chain analyst SomaXBT. The hackers were able to move about $249 million, excluding 378.7 million USDT frozen by Tether, and around $194 million of that was transferred to other networks through cross-chain bridges and swap services, according to the analysis. The main routes were Relay ($48 million), THORChain ($44 million), Chainflip ($32.1 million) and Symbiosis ($16 million). The FBI identified the North Korean hacking group TraderTraitor as being behind the attack and urged the industry to block transactions involving related addresses.

On-chain analyst Darkfost pushed back against macroeconomics expert Henrik Zeberg’s bearish Bitcoin outlook, arguing the call lacks credibility. Zeberg had said BTC could rebound to $115,000, but described the move as only a temporary "Fool's Rally" during a broader bear market rather than the start of a new bull cycle, with a severe crash to follow. Darkfost said Zeberg’s view implies BTC would fall below $16,000 based on a break below a chart trendline and support on the relative strength index, or RSI. Darkfost also criticized the Elliott Wave analysis behind the forecast, saying it makes no sense to project wave C falling three times more than wave A.

Binance founder Changpeng Zhao thanked the U.S. Secret Service, law enforcement agencies and industry participants for helping trace and freeze stolen funds within minutes of a recent hack worth more than $6 billion, adding that the effort remains ongoing. In a post on X, Zhao said the swift response and professionalism helped contain the damage and reduce risks that could have spread beyond the crypto market into traditional financial markets. Zhao added that the U.S. Secret Service is continuing its investigation into the Binance hack.

Bitcoin staking protocol b14g was hit by a hack that drained around 97 million CORE worth $1.5 million, The Block reported. According to blockchain analytics firm Bitquery, the attacker sent requests setting the withdrawal amount to zero for 91 staking positions the attacker did not own. On the Core network, staking code treats a zero withdrawal amount as a full withdrawal, and losses occurred as b14g failed to block those requests. b14g said it has temporarily paused the related contracts, with about 68 million stolen CORE still on the Core network and about 9 million frozen at exchanges.