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Strategy plans to expand its Bitcoin holdings through preferred stock issuance, Cointelegraph reported. Michael Saylor, Strategy’s chairman, said on the company’s third-quarter earnings call, "currently, our balance sheet supports up to $30 billion in additional Digital Credit without issuing any new common stock or requiring further appreciation in BTC." CEO Phong Le said funding through preferred shares such as STRC will be a key tool for additional BTC purchases going forward.

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

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 48.56% long, 51.44% short - Binance: 48.18% long, 51.82% short - OKX: 48.8% long, 51.2% short - Bybit: 48.35% long, 51.65% short

XRPL developers have proposed four code changes to close a loophole that allowed users to hold assets without prior approval from token issuers, CoinDesk reported. The changes would be included in the "fixCleanup3_5_0" network upgrade and have not yet been deployed on mainnet. On the XRP Ledger, issuers of assets such as stablecoins or fund tokens can require prior approval for token holdings as part of user identity checks. But a loophole was found that could bypass that process through automated market maker liquidity pools and through approval checks for accounts already holding tokens. Developers are now pushing to require holding approval for both assets that make up an AMM liquidity pool when users acquire the pool's LP tokens, while also applying the approval requirement to accounts that already hold the tokens.

A Binance hacker moved a total of 18,270.2 BTC into 19 wallets, Bitcoin.com News reported. The funds were split into 17 wallets holding 1,000 BTC each, along with two others holding 832.5 BTC and 437.7 BTC, respectively. As of the latest check, all of the wallets still held the funds and no additional transfers had been identified.

IQ said it has burned all IQ tokens stolen by hackers targeting Binance and plans to return the tokens to Binance once the exchange is fully restored.

Stablecoin issuer Circle said it plans to gradually end support for its legacy USDC cross-chain transfer protocol, CCTP V1. Starting Oct. 31, Circle will progressively lower USDC transfer limits, and it plans to stop operating the related contracts from Dec. 1, according to Circle. Apps, wallets and bridge services using the protocol will therefore need to migrate to CCTP V2. Support for USDC and CCTP V1 on the Noble network is scheduled to end on Jan. 12 under a separate timetable.

GoPlus, a Web3 security data infrastructure provider, said user asset theft on Polymarket’s international site on Oct. 29 stemmed from malicious code spread through a supply chain compromise involving external performance monitoring firm DebugBear’s RUM script. The malicious code abused users’ trading and signing permissions, while on-chain analysis linked 710 deposit wallets and 731 addresses to the main attack paths, with losses estimated at about $2.71 million. The address count does not represent the number of unique users. Polymarket later said it fixed the issue and restored service, and pledged full compensation for affected traders.

According to decentralized exchange 1inch (1INCH), its risk management team worked with ZeroShadow, SEAL 911 and TRM Labs to block addresses linked to the Binance exploit from the 1inch dapp, wallet and API within the first hour. 1inch said newly identified related addresses are also being added to the blocklist, and the same list is being shared with resolvers and integration partners. The stolen assets included some 1INCH, but 1inch said no one can freeze the stolen tokens because 1INCH is a standard ERC-20 token without freeze or blocklist functions. 1inch added it will cooperate fully with Binance and law enforcement agencies to track and recover the assets.

Ethena said it has provided proof of reserves for USDe. Independent third-party verifiers including Chainlink and Llama Risk confirmed USDe’s collateralization ratio is above 101.0% and its excess collateral exceeds $60 million, Ethena said. It added USDe collateral assets are not held directly on Binance or other centralized exchanges.

Binance co-founder He Yi said on X that the exchange plans to begin restoring withdrawal services within the next 48 hours. He Yi said Binance is currently improving its withdrawal service and address management functions, while deposit services are operating normally. Earlier, Binance said losses from the hack were estimated at about $6.3 billion and that about $3.0 billion in assets had been frozen on-chain.

Standard Chartered said Uniswap’s UNI could benefit over the long term as the Binance hack drives a bigger share of trading toward decentralized exchanges, according to Cointelegraph. Geoffrey Kendrick, the bank’s head of digital assets research, said investors are likely to keep increasing their use of decentralized exchanges after Binance, the world’s largest centralized exchange, was hacked. Kendrick said Uniswap could draw renewed investor attention as it has not been hit by a hack so far. He added that Standard Chartered is maintaining its 2030 price target of $100 for UNI, while the latest incident has increased the possibility that the token’s actual price could exceed that level. Kendrick said cryptocurrency prices are still likely to fall further in the short term. He said the market may not form a new bottom until frozen assets are released and more details about the hack emerge, while advising investors to watch market conditions for the time being.

U.S. spot Ether ETFs posted $105.5 million in net outflows on Oct. 29, extending the outflow streak to four consecutive trading days, according to Farside Investors. - BlackRock ETHA: -$71.7 million - BlackRock ETHB: -$15.6 million - Fidelity FETH: +$2.9 million - Grayscale ETHE: -$15.5 million - Grayscale ETH: -$5.6 million

Cryptocurrency exchange Kraken has experienced access issues affecting spot and derivatives trading, Bitcoin News reported. Kraken said on its official service status page that it was investigating problems with platform access and order submissions across web, mobile, and API services. The disruption was announced at 2:42 a.m. UTC on Oct. 30. Separately, some analysts raised the possibility that Kraken may be facing liquidity pressure, citing exposure of more than $130 million following the suspension of Aave market operations. However, no liquidity crisis at Kraken has been confirmed, and no link to the current trading disruption has been established.

U.S. spot Bitcoin ETFs recorded a net inflow of $17.2 million on Oct. 29, extending their inflow streak to four straight trading sessions, according to Farside Investors. - BlackRock IBIT: +$12.8 million - Fidelity FBTC: +$10.5 million - Bitwise BITB: +$8.8 million - WisdomTree BTCW: -$3.8 million - Morgan Stanley MSBT: +$4.2 million - Grayscale Mini BTC: -$15.3 million

Nine new wallets received a total of 1,900 BTC worth $148 million from Galaxy Digital over the past four hours, Lookonchain reported. The transfers indicate whale buying continued despite Bitcoin’s decline, according to Lookonchain.

Decentralized exchange Pendle said Partners Group’s Next Generation Infrastructure fund is now available on-chain through AssetoFinance’s NGI+, allowing users to split, trade or fix the fund’s yield. The fund holds about $2.5 billion in energy and digital infrastructure assets ranging from power facilities to data centers, and invests alongside Partners Group’s flagship direct infrastructure program. Partners Group has $186 billion in private markets assets under management.

Du Jun, co-founder of Web3 investment firm ABCDE with Chinese roots, said on X that a string of recent security incidents has led many wealthy investors to avoid holding cryptocurrencies directly. Family offices that had actively recommended BTC and ETH investments a few years ago later shifted all of their BTC holdings into BlackRock’s IBIT after experiencing exchange hacks and cold-wallet security breaches, Du said, adding that some also sold cryptocurrencies to buy physical gold or traditional assets.

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,018.78 on the Binance USDT market.

U.S. rapper Kanye West sold 1,390 ETH worth $3.163 million to reduce liquidation risk, ai_9684xtpa reported. The address split the sales after news of the Binance hack about six hours earlier, with an average selling price of $2,275.6 and a loss of about $317,000. The address currently has 19,506 ETH posted as collateral against roughly $27.67 million in stablecoin loans.

According to Lagrange, a zero-knowledge proof coprocessor network, the Lagrange Foundation has applied technical measures to freeze LA linked to the Binance security incident as a precautionary security step. LA held by the attacker cannot currently be transferred. Users holding LA on Binance were advised to check Binance’s official channels for further notices.

Predict said on X it has delayed the PREDICT token generation event, or TGE, and the Season 1 airdrop schedule after Binance postponed the token’s Binance Alpha and spot trading listing in the wake of a hacking incident. The project said it will announce the revised airdrop schedule once it is finalized. Binance had earlier been said to have lost about $6.3 billion worth of cryptocurrency in the attack. Binance Alpha trading and crypto deposits and withdrawals were later temporarily suspended as part of security measures.

DePIN project Holo said the technology needed to transition from HOT to HoloFuel is ready and will continue to be refined based on feedback. Holo added that regulation remains the bigger challenge, but it has found a jurisdiction that understands the business it is building. Related filings are being finalized and, even if they are not ready by Nov. 1, they should be completed within a few days after that, Holo said.

The Bank of Japan kept its benchmark interest rate unchanged at 1.25% on Oct. 30, in line with market expectations.

A high-level meeting among the South Korean presidential office, government and the ruling Democratic Party will be held on Nov. 8 to decide whether to delay virtual asset taxation, The Korea Economic Daily TV reported. According to political sources cited by the outlet on Oct. 30, the meeting will include key officials from the presidential office, Prime Minister Han Seong-sook and Democratic Party leader Kim Min-seok. If the group decides next month to postpone the tax and related laws are revised, the implementation would be pushed back for a fourth time.