In its first quarter as a listed company, the tokenization firm reported record average tokenized assets of $5 billion and a $66.3 million net loss, about 90% of which it attributed to largely non-cash charges mainly tied to its merger and listing.
Both were paid for from the $283.8 million Strategy raised by selling MSTR shares from November 2 to 8, according to a filing. Its holdings reached 850,364 BTC as of November 8, at an average cost of $75,456.
Aerodrome and Velodrome are combining under one token: 1 AERO becomes 1 new AERO and 1 VELO becomes 0.044 AERO, with no set deadline to upgrade.
The exchange paused withdrawals on October 29, began reopening them on November 1 and said it would absorb the losses. Independent estimates of the haul range from about $6.36 billion to $6.43 billion.
Binance says it covered the record theft from its own funds, and stablecoin freezes blunted it. The episode also showed how quickly access to funds can disappear.
Binance first said a compromised engineer's laptop may have been involved and that it found no evidence of leaked private keys. Its November 3 report described a months-long intrusion.
About 117,000 NEAR, worth around $430,000, passed through six home-made tokens launched between November 5 and 7. The amounts are small, but the technique is cheap and slows down investigators.
Elliptic says $2.85 billion of the $6.43 billion haul is frozen or seized and that only a negligible amount has likely been cashed out so far.
Withdrawals of INJ, PLASMA, NEAR, and LTC are next on the list. Binance has not published a complete list of the assets that remain restricted in its latest notice, crypto.news noted.
Bitcoin withdrawals came back first on November 1. Users pulled a net $3.6 billion between 06:00 and 15:30 UTC that day, according to figures Binance shared.
BNB, the native token of the Binance-linked BNB Chain, fell about 8% and Bitcoin close to 5% in the hours after the theft began at 20:05 UTC on October 29.
Bitcoin fell to about $73,980 and ether to about $2,120 late on November 8, according to CoinGecko data. US spot Bitcoin ETFs saw about $1.28 billion in net outflows in the week to November 6.
Reserve income fell 8%, but a token presale for Circle's Arc network lifted revenue. It also disclosed a workforce reduction of about 5%.
Adjusted net income, which strips out $715 million in gains on its crypto holdings and other items, was $78 million. Revenue was about flat from the second quarter.
Visitors to the redirected sites were asked to approve transfers out of their wallets. Name.com says unauthorized DNS changes hit 15 customer domains; several projects said their smart contracts were not affected.
The CLARITY Act stalled in the Senate in September. If it is not revived before the current Congress ends, the process would start again in January.
The pause followed a September hike. On October 29, money markets priced about a two-in-three chance of a December increase, according to LSEG data cited by CNBC; Eurostat's flash estimate later put October inflation at 4.0%.
Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented in favor of a quarter-point increase. The statement says inflation remains elevated.
Treasury says MEXC handled at least $16 billion in illicit-linked funds, including nearly $1.5 billion tied to Russian sanctions evasion and deals with Iranian exchangers.
The agencies said five years had passed and the crypto market had changed, and promised a new comment period before any similar rule.
The Bitcoin miner says it intends to keep selling Bitcoin to raise cash for AI infrastructure, convertible-note puts, and possible share buybacks. Third-quarter revenue fell 35%.
One of Brazil's largest crypto exchanges said customers lost nothing and later pledged to replace the affected assets with company funds. It planned a phased reopening.
Kim Yo Jong, the sister of leader Kim Jong Un, rejected the FBI's attribution in a statement carried by state media. According to published excerpts, she offered no technical rebuttal.
Ava Labs says Avalanche will provide the core ledger for the clearing firm of an NYSE-affiliated trading system designed for 24/7 trading. The venue still needs regulatory approval.
