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Bitcoin ETFs Shed $643M After Record Binance Hack

Summary: Spot Bitcoin ETFs saw $643.2 million in outflows on Friday, the largest of October, following a $6.4 billion Binance hack that triggered widespread selling across crypto investment products.

Strive CEO Says Bitcoin Resilient After $6.3 Billion Binance Hack

Summary: Strive CEO Matt Cole argues Bitcoin's resilience after the $6.3 billion Binance hack supports its long-term thesis, comparing the breach to a bank robbery rather than a network failure. Despite the historic scale of the exploit, Bitcoin traded near $77,400, showing less volatility than previous exchange incidents.

Binance Suffers Record $6.4 Billion Hack Attributed to North Korean Group

Summary: Attackers stole $6.4 billion from Binance in the largest crypto hack ever, attributed to North Korean group TraderTraitor. Binance covers losses via reserves, freezing withdrawals, while stablecoin issuers froze $3 billion; law enforcement investigates the remaining $3.3 billion in loose assets.

Binance Hit by Record $6.3 Billion Hack; $3.3 Billion Missing Despite Freezes

Summary: Binance faces its largest-ever hack, with $6.3 billion in assets moved on-chain. Stablecoin operators froze about $3 billion, but $3.3 billion remains missing. TRM Labs links the multi-chain attack to North Korea’s TraderTraitor group, raising serious questions about exchange custody security and solvency.