Ripple Had a Massive October, but XRP Went the Other Way
October was one of Ripple's busies and most successful months in recent memory. But XRP failed to join the ride.
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October was one of Ripple's busies and most successful months in recent memory. But XRP failed to join the ride.
The crypto exchange said it has begun phased withdrawals after the record hack the FBI has blamed on North Korea. Binance said it has reopened its Bitcoin network in phase one of resuming withdrawals after a major hack of about $6.3 billion in funds. The crypto exchange had suspended user withdrawals after the attack on Thursday, which the FBI blamed on North Korean operatives. “First batch network now opened in phase one of withdrawals is $BTC bitcoin network,” Binance said on X.
Meanwhile, M and XPL have dropped hard over the past 24 hours.
The ETF outflows and the Binance hack were among the reasons behind BTC's price decline.
US agency seeks private-sector help to block further money-laundering of stolen digital assets. The FBI said that the Democratic People’s Republic of Korea (North Korea) was responsible for the theft of about $6.3 billion in digital assets from cryptocurrency exchange Binance on Thursday. The FBI said on Saturday in a news release that it refers to this specific North Korean malicious cyber activity as “TraderTraitor,” which it has most recently observed converting stolen assets mostly into Ether (ETH). It expects these assets to be further converted, using DeFi and instant swap services, as the hackers move to more advanced laundering stages.
Deposits have remained available throughout the incident and were not affected, the company noted.
Bitcoin’s decline has accelerated into the $77K region after buyers lost the $80K support area. The price is now testing a major daily demand zone, while on-chain data shows it approaching the average cost basis of recent holders. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin has decisively broken beneath the ascending …
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Bitwise sees Bitcoin reaching $1.6 million by 2036, even as gold attracts most store-of-value investment and ETF inflows slow.
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While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this number to continue growing.
The US action targets the cash-out stage of a scheme that the UN estimates generates $250 million to $600 million annually for North Korea.
The stablecoin giant also ended September with more than $190 billion in assets backing its flagship asset.
An October 31 API reading shows partial recovery, with available USDC at about 7% of reported total assets. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
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Eighteen years after Satoshi published the Bitcoin white paper, business owners are still covering the cost of a system built on bailouts, and they can protect part of their surplus by keeping it in bitcoin, argues Onramp CEO Michael Tanguma.
From calling BTC highly speculative to ruling it out of central-bank reserves, her position on the asset remained consistently negative.
The company urges vigilance for unexpected authentication prompts as it determines which customer records were accessed. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Two strangers befriended Magnus Ahmad outside a London bar. Hours later, thieves had emptied his crypto wallets, accessed his bank accounts and disabled his laptop.
Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out.