Markus Thielen sees Bitcoin reaching $90,000 by year-end, questions institutional ETF demand and says Ethereum must do more for holders. Bitcoin’s days of consecutive double-digit price surges are over as Wall Street traders and profit-taking whales reshape the market, according to 10x Research founder Markus Thielen. Institutional traders selling call options after rallies have made Bitcoin’s violent price explosions of earlier years less common, Thielen says in the latest episode of Cointelegraph’s Trade Secrets. Thielen is also the author of Crypto Titans, a history of the industry. Writing the book led him to notice how each cycle brought different people pitching crypto to investors.
Hackers exploited compromised employee computers and stolen credentials to breach Binance’s wallet infrastructure, according to the exchange’s investigation. A coding assignment from a prospective employer seemed like an ordinary part of a job interview. Instead, it was one step in a months-long cyberattack that ended with $6.3 billion stolen from Binance, raising questions about how exchanges protect themselves against threats that target their employees. The attack was part of a coordinated campaign that exploited both human vulnerabilities and internal security systems, according to a postmortem released by Binance on Tuesday. The exchange’s findings detailed how hackers gradually gained access to its wallet infrastructure before the Oct. 29 theft. According to Binance’s security report…
Participating institutions can settle tokenized deposit transactions in central bank money beyond conventional hours, supporting treasury and fund activity. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Bitcoin made modest gains at the start of Wall Street trading on Tuesday as markets awaited cues from the US midterm elections. Bitcoin (BTC) headed higher at Tuesday’s Wall Street open as a tech-stock rebound under the shadow of uncertainty surrounding the US midterm elections. Key points:
November 2 ETF redemptions add a demand concern as Bitcoin's latest decline follows a drop in real yields through October 30. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
LDK’s October 25 fix rejects a funding-location lookup used by a probe requiring connections to both endpoints of an unannounced channel. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
North Korea-linked attackers spent months compromising Binance employees and internal systems before exploiting its hot-wallet signing infrastructure through Ethereum's EIP-7702 mechanism.
In its first such survey, the BOK also asked about a crypto price crash, losses at another firm, and each firm’s crypto teams, budgets and investments.
While investigators found no evidence that AI agents laundered the stolen Binance funds, Zhao stressed that automated tools are lowering the barrier for complex breaches.
ISM’s production index reached 59.0 as factory price increases became less widespread, leaving growth and funding signals in tension. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
LO:TECH is betting on round-the-clock tokenized stock trading but didn’t say if it trades them now; a WFE study found stock exchanges still set prices.
Crypto groups spent about $176 million ahead of the US midterms, with control of Congress and the future of crypto legislation at stake. US voters head to the polls in midterm elections on Tuesday that could shift control of Congress and shape the future of cryptocurrency regulation. Crypto industry groups have spent roughly $176 million across more than 100 races this election cycle, according to an Oct. 27 Reuters report. Coinbase, Ripple and Andreessen Horowitz are among the main financiers of the Fairshake political network.
Borrowers in Aave's frozen reserves kept paying interest while the restrictions prevented fresh deposits, including the extra collateral they might normally supply to protect a loan. Suppliers were still able to request their money back, provided enough tokens were available, so withdrawals could make borrowing more expensive even though new borrowing was blocked in those… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
