☕️ TRM Labs Links $6.36B Binance Drain to North Korea Blockchain intelligence firm TRM Labs attributes a massive multi-chain attack on Binance to North Korea, while Coinbase and Strategy post strong third-quarter earnings.
1. TRM Labs Attributes $6.36B Binance Drain to North Korea — TRM Labs linked the Oct. 29 multi-chain Binance drain to North Korea's TraderTraitor unit, with stablecoin issuers freezing roughly $2.7 billion. 2. Strategy Posts $20.9B Q3 Operating Gain via Bitcoin Markup — Fair-value accounting drove a massive paper profit for Strategy despite software operating losses, while the company sold 5,552 $BTC and CFO Andrew Kang resigned. 3. Coinbase Q3 Net Income Reaches $719M — The exchange generated 49% of net revenue from subscriptions and services, while its prediction markets product surpassed a $200 million annualized run rate. 4. Anthropic Files S-1 Registration for Nasdaq IPO — The AI firm filed to list under the ticker ANT, outlining a multi-class structure that gives co-founders 50.1% general voting control with zero economic rights. 5. Polymarket Breach Drains Trader Assets — A malicious third-party analytics script hijacked active trading sessions, leading to unauthorized liquidations and one user reporting an $800,000 loss.
📊 Bitcoin fell 3.2% to $77,619 and Ethereum dropped 3.4% to $2,244, as the Fear & Greed Index hit 30.
