Analyst Explains What a Democratic Midterm Sweep Means for Crypto
A Democratic win would only move sentiment, one analyst argues, because crypto market rules in the US Congress are a bipartisan effort.
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Aave Horizon taps perpetual futures to price stock collateral on weekends, Chainlink says
The moving reference can reveal off-hours collateral declines without ensuring a buyer for seized assets. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.
Bitcoin miner Cipher posts $31 million profit as AI pivot begins
The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.
Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
A 12-person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back. It’s the second time this year.
Crypto.com to withdraw Hong Kong consumer app citing regulatory changes
Crypto.com will discontinue its consumer app services in Hong Kong in February next year. Crypto.com will discontinue its consumer app services in Hong Kong on Feb. 1, 2027, while continuing to pursue regulatory approval for its institutional exchange. On Monday, the company confirmed the shutdown to Bloomberg, saying affected customers had been notified and would receive instructions on closing their accounts and withdrawing funds. According to local news outlet HK01, Crypto.com cited regulatory changes in emails sent to its users in Hong Kong. The consumer app is operated by Foris DAX MT Limited, while a separate entity, Foris DAX HK Limited, is seeking a Hong Kong virtual asset trading platform license.
Binance XRP Outflows Explode to 226 Million as Whale Activity Reaches Levels Last Seen in 2022
Large XRP outflows from Binance climbed to 80 million after withdrawals resumed.
Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote
ZEC tumbled nearly 10% and BNB fell under $700 as the Nasdaq 100 slid into a correction, dragging Asian stocks lower.
Ethena’s trading team can approve borrowers of assets backing USDe under new rules
The October 29 framework retains committee oversight but specifies no numerical lending ceiling, and its first use remains unverified. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation
The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices. Australia’s central bank raised its interest rate by 25 basis points to 4.85% on Tuesday, warning that inflation would stay elevated through much of 2027 as energy costs and AI-related investment added to price pressures. The Reserve Bank of Australia’s monetary policy board voted 6–3 for the increase, with three members preferring to hold rates at 4.60%. The bank pushed back its forecast for inflation to return to the top of its 2% to 3% target range until late 2027, around three quarters later than previously expected.
UK warns AI ransomware attack on infrastructure ‘highly likely’ by 2028
The warning comes as UK cyber officials also flag growing threats from state-backed hackers targeting government officials and politicians. AI-powered malware is highly likely to be used in a ransomware attack targeting UK critical national infrastructure by 2028, the country’s National Cyber Security Centre has warned. The assessment, published in the NCSC’s Annual Review 2026, says artificial intelligence will increase the scale and efficiency of ransomware operations, social engineering and vulnerability exploitation. “It is also highly likely that between now and 2028, AI-powered malware will have been used in a ransomware attack on UK CNI,” the report states.
Kinetic’s $24 million XRP-linked lending market showed a 0.04% base rate before rewards
Kinetic’s November 1 snapshots separate modest FXRP loan demand from collateral use and incentive-supported returns. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance begins second withdrawal phase, exchange outflows slow
The exchange says additional assets will become available for withdrawal from 04:00 UTC on Tuesday as security checks are completed, following an initial reopening on Sunday. Binance plans to begin a second phase of cryptocurrency withdrawals on Tuesday, as data shows withdrawal volumes have started to stabilize following last week’s $6.3 billion hack. Withdrawals for additional assets are scheduled to resume progressively from 04:00 UTC on Tuesday, according to Binance’s latest recovery notice. The rollout follows an initial reopening on Nov. 1. “Like phase one, reopening will roll out progressively across the assets as security and readiness checks are completed,” said Binance.
Binance can cut a winning Bitcoin hedge even when customer assets are backed
Binance says only surplus futures reserves were reallocated, while ADL rules can still reduce an opposing profitable position. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
South Korea urges exchanges to boost cold storage after Binance hack
South Korean crypto exchanges are already required to hold at least 80% of customer crypto in cold wallets, but the regulator is urging more. South Korea’s Financial Services Commission has urged domestic crypto exchanges to increase the proportion of assets held in cold wallets after the $6.3 billion attack on Binance last week. In a statement Monday, the FSC said it held an emergency meeting with the Financial Supervisory Service, the Financial Security Institute, the Digital Asset eXchange Alliance (DAXA) and major crypto service providers to review the impact of the Binance hack on South Korea’s crypto market and review exchanges’ security measures. The FSC said it reviewed exchanges’ IT access controls, wallet withdrawal approval and signing procedures, and administrator privileges.…
Tom Lee calls Ethereum’s 4% post-hack fall bullish
Tom Lee believes crypto's muted reaction to Binance's $6.3 billion hack is another sign that a bull market is underway. The BitMine chairman pointed to Ethereum's roughly 4% decline following the Oct. 29 theft, which was more than four times larger than the $1.5 billion stolen from Bybit in February 2025. Ethereum fell 8% on… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Binance warns of second wave of crypto theft as $6.3 billion hack recovery continues
The November 2 update says the full proof is complete, while replenishment remains about 95% and broader token coverage is planned. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Claude Fable 5.5, GPT 6.2 Astra Could Be Right Around the Corner, Leaks Suggest
Users say Claude is routing some requests to a stronger unreleased model, a Mythos 5.5 label appeared in Anthropic’s site code, and OpenAI appears to be testing GPT-6.2 Astra.
North Korea denies role in $6.3B Binance hack, points finger at US
Pyongyang has pushed back against the FBI’s attribution of the Binance attack, with Kim Yo Jong calling the US allegations politically motivated. Kim Yo Jong, the sister of North Korean leader Kim Jong Un, denied North Korea’s involvement in the $6.3 billion Binance hack and appeared to suggest, without evidence, that the US could have been behind the theft. In a statement released via the Korean Central News Agency (KCNA) on Tuesday, Kim rejected the FBI’s attribution of the attack to a North Korean-backed hacking group. “The FBI is trying to brand the DPRK as a ‘cyber criminal state’, claiming that it obtained information that a hacking organization ‘supported’ by the DPRK was involved in the incident,” said Kim. “But the US assertion is an absurd rhetoric and nothing new.”
Tether freezes $4.5 million as Mercado Bitcoin hacker holds $46 million in crypto
The exchange said restoration work was continuing and released tracking addresses, without giving a reopening timetable or financial amount. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox