DeFi News Hub

IPX today detailed its patent-pending atomic router, the technology at the heart of its protocol, ahead of the launch of the IPX OS, IPX Exchange and the $IPX token on Base Nov 17.... Read the full story at The Defiant

Michael Selig said the record $6.4 billion theft shows why offshore exchanges should register with the CFTC and adopt U.S.-grade cybersecurity standards.

Intel beat third-quarter earnings expectations, but warned of a prolonged PC slump, sending shares to their worst daily decline in 50 years.

Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.

Reddit shares are down 44% this week after CEO Steve Huffman warned that Google's AI-powered search features are cutting referrals, while weaker user growth and disappointing fourth-quarter guidance added to investor concerns.

Binance lost about $6.4 billion, the largest crypto hack on record, yet Bitcoin fell about 3%, against nearly 11% in 2018 when the exchange was last attacked.

Raymond and Isiah Garcia held a Minnesota family at gunpoint for more than nine hours, forcing the father to transfer over $8 million in crypto, in one of the clearest “wrench attack” prosecutions yet.

1kx's annual revenue report puts industry revenue on track for about $100 billion in 2026, down about 30% from last year. Transaction fees paid to chains are now under 3% of what the industry earns.... Read the full story at The Defiant

Binance says it has set aside $6.34 billion to cover losses from the breach and the FBI and Secret Service are now working with the exchange as investigators trace the stolen funds.

Treasury bills and reverse repos drove earnings, while BDO's attestation covered the September-end report rather than activity throughout the quarter.... Read the full story at The Defiant

Accounts would keep their addresses and ordinary transaction capabilities, but the opt-out would not protect funds from a stolen private key.... Read the full story at The Defiant

Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.

After Musk appeared to mock Binance’s $6.3 billion hack, CZ reminded him that the exchange’s $500 million bet on his Twitter takeover is now worth over $1 billion in SpaceX shares.

1inch said its token was among assets stolen from Binance and that blocking attacker access to its apps cannot freeze the tokens themselves.... Read the full story at The Defiant

IPX detailed its patent-pending KPI-Gated Escrow, a system that ties crowdfunding dollars for video games, video production and sponsorship payments to agreed platform milestones. The technology is planned for use with the platform’s November 15, 2026 launch.... Read the full story at The Defiant

Binance is rebuilding its withdrawal service after a breach it estimates at $6.3 billion. Teng also said attackers destroyed tools and traces during the intrusion.... Read the full story at The Defiant

Teng said the Sunday withdrawal restart target remained on track within 40 hours, but reopening depends on the rebuilt service passing testing.... Read the full story at The Defiant

Ripio said the shortfall totaled no more than about $6,000; non-dollar stablecoins hold 0.6% of the $302 billion stablecoin market... Read the full story at The Defiant

The co-CEO says Binance has reserved over $6.34 billion in company funds and plans to publish a full Proof of Reserves report by Monday.... Read the full story at The Defiant

The USDC borrow limit fell 31.2% to 51.6 million tokens, leaving about $1.1 million of headroom at the time of reporting.... Read the full story at The Defiant

EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions. Here's how it works.

The collateral restrictions apply wherever the assets are listed, with different rules for existing V3 and V4 positions.... Read the full story at The Defiant

Both stocks extended their opening losses, outpacing Bitcoin’s 4.65% decline and the S&P 500’s 1.24% drop over the same window.... Read the full story at The Defiant

HKDAP remains in Ethereum-only beta access, while HSBC’s RedCoin has already launched for retail payments through PayMe.... Read the full story at The Defiant

The groups want wallet withdrawals and bridging excluded from a levy calculated on asset value, and a private-key recordkeeping requirement removed.... Read the full story at The Defiant

Repayments, withdrawals and liquidations remained available during the precautionary freeze. Tydro's dashboard displays $62.36 million in outstanding borrows.... Read the full story at The Defiant

A matched one-ETH example shows how fees shrink a quoted gap—and why prefunding moves transfer risk to rebalancing rather than removing it.... Read the full story at The Defiant

Israel's Supreme Court ruled that exploiting a coding flaw can count as computer intrusion, even when the software allowed the transaction.

Just as Hyperliquid opened the door to a fully regulated perps offering inside the U.S., Binance suffered the biggest hack in crypto history.

Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.

The broader transition targets Q2 2027, while users will need separate plans for DeFi positions and other assets.... Read the full story at The Defiant

Jupiter's API showed just 3.35 USDC immediately withdrawable against 418.5 million USDC in Earn deposit claims.... Read the full story at The Defiant

Ether funding turned negative on OKX, while bitcoin funding remained positive as leveraged bullish positions were unwound.... Read the full story at The Defiant

The exchange says $5 billion is already held in the affected tokens, while withdrawals remain paused during a security overhaul.... Read the full story at The Defiant

The protocolDAO says the tokens are secured in its Safe and will be returned when Binance requests them.... Read the full story at The Defiant

The LMAX mandate spans the bank’s Luxembourg entity and Dubai branch. A separate collateral link would let clients trade against tokens kept in bank custody.... Read the full story at The Defiant

The plan would remove about $3.7 billion of unused borrowing capacity on V3 and $130 million on V4, while the existing freeze still blocks new loans.... Read the full story at The Defiant

The hardware wallet manufacturer has yet to examine the device, but is treating the report as credible and told buyers to move their funds.

The firm's findings report puts frozen assets at about $2.8 billion and describes transaction patterns suggesting automated laundering.... Read the full story at The Defiant

Binance has pledged to cover all losses from SAFU and company funds; Zhao did not spell out how the shares would finance reimbursements.... Read the full story at The Defiant

The network also restored USDT transfers between Tron and Ethereum after a precautionary pause.... Read the full story at The Defiant

CEO Richard Teng said the attack was "not a single 'one-click' action," as Binance confirmed about $3 billion has been frozen.

Guardian screening can prevent transfers from completing as Binance says partners have frozen about $3 billion in affected assets.... Read the full story at The Defiant

Withdrawals remain paused with a 45-hour restart estimate, while Binance pledges to cover all losses from its SAFU reserve and company funds.... Read the full story at The Defiant

Withdrawals remain paused while deposits operate normally; Binance says about $3 billion in affected assets has been frozen onchain.... Read the full story at The Defiant

The main exploiter address also sold RAD and OGN on Uniswap, while about 580.8 million unsold FUN was transferred back to the collection wallet.... Read the full story at The Defiant

The company has not yet examined the Safe 5 in question and says no CryptoBilis buyer has reported losing funds.... Read the full story at The Defiant

Perpetuals turnover reached $17.44 billion on Oct. 29, while liquidations climbed to about $252 million and outstanding positions declined.... Read the full story at The Defiant

Ethereum accounted for $4.22 billion of the day's trading, while activity also increased at PancakeSwap, Curve and Raydium.... Read the full story at The Defiant

Pending transfers are intended to finish before a Dec. 1 contract pause, while Noble holders face a separate January exit deadline.... Read the full story at The Defiant

Trading in the DAI/USDC/USDT pool climbed to $343 million, while its USDT balance increased and holdings of the other two stablecoins fell.... Read the full story at The Defiant

Two of the largest tracked wallets still hold about 197,460 ETH and 137,602 ETH, while the transfer recipient holds roughly 19,740 ETH.... Read the full story at The Defiant

Another 233.46 million XRP remains in one account, leaving investigators a visible trail but no issuer-controlled freeze option for either asset.... Read the full story at The Defiant

Binance estimates the impact at $6.3 billion and says about $3 billion has been frozen onchain, with withdrawals still suspended.... Read the full story at The Defiant

The exchange says deposits and withdrawals remain available, while traders can still manage margin and close existing futures positions.... Read the full story at The Defiant

The conversions moved USDT beyond Tether’s token-freezing mechanism, while Arkham reported $2.8 billion of the stolen assets already frozen.... Read the full story at The Defiant

Onchain records corroborate the wallet transfers and ETH receipts, but the shared destination does not establish who carried out the two thefts.... Read the full story at The Defiant

Binance separately estimates a $6.3 billion impact and pledges to cover all losses while deposits and withdrawals are suspended.... Read the full story at The Defiant

Yi He says deposits are operating normally as the exchange pledges to cover losses from an incident it estimates had a $6.3 billion impact.... Read the full story at The Defiant

Binance says it has reserved more than $6.34 billion to cover the incident. This guide separates withdrawal targets, frozen assets and recoveries.... Read the full story at The Defiant

Etherscan records show wallets tied to the suspected Binance hack swapping freezable stablecoins for Ethereum on decentralized exchanges.

Tether says it froze more than 1.567 billion USDT as Binance investigates large wallet outflows and conducts security checks.... Read the full story at The Defiant

An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, as Tether and Circle froze $1.8 billion.

The contracts use start-and-end spot prices, while US takers pay about $1.74 per 100 contracts traded at 50 cents, before rebates.... Read the full story at The Defiant

The later issuer total is broader than the roughly 971 million USDT recorded in one wallet at its initial freeze; frozen funds are not automatically recovered.... Read the full story at The Defiant

Hundreds of ETH changed hands at elevated stablecoin prices, while Chainlink’s ETH/USD reference feed showed about $2,250.... Read the full story at The Defiant

Delegated code on Binance 14 could move its own assets and exercise ownership of another wallet. The records do not establish how that permission was obtained.... Read the full story at The Defiant

The senators set a Nov. 3 deadline for answers, including how many suspected election-trading violations were stopped before trades occurred.... Read the full story at The Defiant

The post names no corporate buyer or deal document, while BNB was down 9.03% over 24 hours.... Read the full story at The Defiant

A federal lawsuit seeks to block Utah enforcement, but the state has already won an initial ruling against the prediction market exchange.... Read the full story at The Defiant

Coinbase reported third-quarter net income of $719 million, driven largely by gains on its crypto holdings, as revenue held flat at $1.22 billion.

Average USDC in Coinbase products hit a record $22 billion; adjusted net income was $77.7 million, versus $719 million reported.... Read the full story at The Defiant

Flashblocks subscriptions and pending-state access will disappear, requiring developers and indexers to change their integrations.... Read the full story at The Defiant

Fred Ehrsam and Emilie Choi also adopted share-sale plans, with different trading windows extending into 2027.... Read the full story at The Defiant

The company spent $2.04 billion buying back STRC through Oct. 25, while preferred dividends totaled $419.6 million in the quarter.... Read the full story at The Defiant

Chrome's new autofill uses Google's Gemini AI to search your Gmail for order numbers, tracking details, and flight bookings and fill them into web forms. It is rolling out in the U.S.

Trading is back online and Polymarket has pledged full reimbursement, while a trader cited in the tracing says he moved funds to safety.... Read the full story at The Defiant

Polymarket restricted trading and paused relayer actions as users report funds leaving their accounts. A suspected attacker wallet holds about $2.65 million in POL, per Arkham data.

The pre-production architecture expands Celestia Labs into execution, but its single-node benchmark is not a measure of live network throughput.... Read the full story at The Defiant

A hacktivist group says it took names, titles, and phone numbers of 41,000-plus DHS staff from a login system.

The agency says investors lost more than $100 million after the firms promised risk-free trading returns and used false filings to claim SEC approval.... Read the full story at The Defiant

The platform blamed a compromised third-party provider but kept trading halted while it worked to restore service.... Read the full story at The Defiant

The fund began trading June 3, charges a 0.29% annual sponsor fee and held $186.9 million in assets as of Oct. 28.... Read the full story at The Defiant

Existing orders can still be canceled, but new buy and sell orders are blocked. A trader reported an $800,000 account drain.... Read the full story at The Defiant

Only 13% of Americans say a candidate’s support for crypto growth is very important, according to a survey conducted by Ipsos for the DeFi Education Fund, even as the industry spends heavily on next week’s elections.

A third of Deribit's Bitcoin options settle Friday, a day after the Fed held rates with two officials voting to hike. Here's why that matters for Bitcoin's price.

Bitcoin is trading close to the average price paid by U.S. spot ETF holders, a day after the Federal Reserve held rates steady.

The agency named Binance and Bybit as platforms used for alleged foreign payouts, without announcing charges against either exchange.... Read the full story at The Defiant

The rollout connects Solana wallets to bank funding and payouts, following Tron support and the completion of Polygon's Coinme acquisition.... Read the full story at The Defiant

Existing customers cannot trade and must request approval for a one-time 48-hour withdrawal window, subject to sanctions controls.... Read the full story at The Defiant

Governance set $50,000 borrowing ceilings per asset for the new Ethereum contracts, while pool creation remains restricted.... Read the full story at The Defiant

Bridge virtual accounts on IPX will let creators and projects receive real-world revenue in USDC, enabling movement between bank accounts and smart contracts.... Read the full story at The Defiant

Fairmint will issue the shares and keep their official onchain ownership records as rival OKXICE faces 38 disclosed issuer objections.... Read the full story at The Defiant

Intercontinental Exchange signed a deal with Trade[XYZ] to launch regulated perpetual futures built on Hyperliquid in the United States, sending HYPE soaring.

Existing multichain accounts gain recovery-phrase-derived Stellar addresses, with support for XLM, USDC and Soroban tokens.... Read the full story at The Defiant

Off-hours prices draw on perpetual-futures venues, while Aave says the service is coming soon to stock-backed loans.... Read the full story at The Defiant

Government bonds are a key example in the proposed guidance, while tokenized money market funds remain an area for further feedback. Responses are due Feb. 12, 2027.... Read the full story at The Defiant

Disclosed objections now cover 34 of the venue’s 63 originally proposed stock symbols, leaving 29 without one.... Read the full story at The Defiant

The venue now lists 38 objectors, leaving 29 of its original 63 proposed symbols without disclosed objections.... Read the full story at The Defiant

Some accounts collectively cashed out more than $100,000, Bloomberg reported. Polymarket’s rules allow wallet bans, legal action and law-enforcement referrals.... Read the full story at The Defiant