Binance has now given the crypto market something it did not have during the first hours of the largest exchange incident in the industry's history: a first explanation of how it may have happened. In an update published on October 30, the exchange said its initial investigation suggests the incident "may involve a compromised DevOps engineer's laptop, which allowed an attacker to gain access...
October 2026 gave Solana holders a paradox worth sitting with: the network won the month's revenue race by a wide margin, and its token still fell below $100. Data highlighted by DeFi Development Corp, sourced from StateOfSOL.com, puts Solana at a 37% share of cross-chain blockchain revenue in October 2026 — its second-highest monthly share of the year, behind only January's 39%. Tron...
Bitcoin has fallen through another round number, and this time the damage was not just in the price chart. Late on Thursday, October 29, Bitcoin dropped below $77,000 for the first time in more than a month, closing out a session in which leveraged traders lost more than $1.5 billion in a single day. The trigger was not a single headline. It was a pile-up: a record-sized security incident at...
Every major centralized exchange failure produces the same prediction: traders will move to decentralized exchanges. Most of the time the prediction fades within weeks, as traders drift back to the deep liquidity and customer support of the big centralized venues. This time, Standard Chartered is arguing the shift will stick — and it is putting a name and a number on the call. In an email...
On the worst day in crypto's year, institutional buyers did not run. They barely walked. United States spot Bitcoin exchange-traded funds recorded a net inflow of $17.07 million on Thursday, October 29, according to SoSoValue data reported by PANews on October 30 — the fourth consecutive day of inflows, and by far the thinnest of the streak. It is a number that deserves a careful read,...
Strategy's third-quarter profit made headlines: $19.53 billion of net income, built on a $20.91 billion estimated gain on its digital assets. The number most coverage skipped is the one that decides what happens next. Buried in the same 8-K filing is a $4.12 billion tax asset that Strategy wrote off in June, wrote back in the third quarter, and could be forced to write off again — and the...
Sony's blockchain just made its biggest bet yet — and it is not on games. Soneium, the Ethereum Layer-2 network backed by Sony Group and Startale Group, is issuing its native token, SONEIUM, alongside a strategic pivot toward tokenized entertainment intellectual property: royalty funds, tokenized songs and shows, and bonds backed by entertainment businesses. After two years of trying to...