Binance Resumes Withdrawals, Stablecoin Supply Declines

U.S. law enforcement agencies, including the FBI, have linked the Binance hack to North Korea's TraderTraitor group and assisted in tracking and freezing stolen assets. Binance CEO CZ thanked these agencies for their support, which he noted helped prevent a steeper Bitcoin price drop.

PeckShield data indicates that the crypto industry suffered approximately $6.48 billion in losses from 56 major security incidents in October 2026, a 745% increase from September. The Binance security breach alone accounted for around $6.3 billion of these losses, making it the costliest crypto security event of the year.

Bitcoin has rebounded, breaking through the $78,000 mark, with a 0.93% gain in the past 24 hours according to HTX market data. This recovery demonstrates Bitcoin's resilience despite the recent Binance hack and broader market caution.

The total stablecoin supply has decreased by $3.1 billion since October 28, falling to $298.5 billion, its lowest level since August. This decline suggests a reduction in crypto market liquidity or a more cautious investor stance.

Solana's Agave software omits commission rates in reward metadata when custom collector accounts are active, complicating fee audits. According to a P2P.org report, commission rate entries have been missing from vote and staking rewards since September 8, despite commissions still being collected.

Binance CEO CZ has warned that screenshots and videos featuring him can be easily faked. He identified a chat history in a cited post as fake and emphasized that individuals capable of predicting future events would use such abilities to profit from Bitcoin trading or prediction markets, rather than posting on small social media accounts.