Cryptocurrency

Bitcoin Falls Below $68,000 as Sell-Off Deepens

Bitcoin rebounded toward $74,000 after falling below $73,000, while major cryptocurrencies also recovered some losses. The bounce has not eased concerns: U.S. spot Bitcoin ETFs recorded a fourth straight day of outflows totaling about $1.14 billion, and expectations of higher interest rates continue to weigh on the market.

Bitcoin Falls Below $75,000 as Selling Deepens

Bitcoin hovered near $74,000 as a broader crypto sell-off erased more than $1 billion in leveraged positions, with losses also hitting Ethereum, Solana and XRP. Market jitters coincided with Nvidia shares falling amid scrutiny of CEO Jensen Huang and espionage allegations, though reports say the company has found no evidence that secrets or national security were compromised.

Deutsche Bank Launches Institutional Crypto Custody

Deutsche Bank has launched digital-asset custody for paying corporate and institutional clients in Europe, supporting Bitcoin, Ether and several stablecoins. The bank says it plans to develop related tokenization and settlement services, but has disclosed no client count or assets under custody, so the launch does not establish how much new crypto is being bought.

FSB Urges Turkey to Tighten Crypto, Stablecoin Rules

The Financial Stability Board says Türkiye has made progress regulating crypto firms but still needs a dedicated stablecoin framework, formal monitoring of financial-stability risks, stronger enforcement and better cooperation with foreign regulators. The watchdog warns that widespread use of dollar-linked assets amid lira weakness and inflation could pose risks to the financial system.

World Liberty Financial announces WLFI buyback with unclear stablecoin funding

World Liberty Financial announced an ongoing WLFI buyback Thursday, amount and USD1 reserve share undisclosed. Token down ~10% post-midterms and over 60% in 2026; Trump family holds 38%.

Binance and Deribit revoke SignalPlus API keys after security report

Binance and Deribit revoked all SignalPlus API keys on Nov. 5, 2026 — a week after a $6.3B Binance hot-wallet breach the FBI tied to North Korea's TraderTraitor group.

Binance Resumes Services After Cyberattack With $3.64B Net Outflows

Binance recorded $3.64 billion in net outflows on November 1 after restoring withdrawals following a $6.3 billion cyberattack. Changpeng Zhao said 98% choose to stay.

Dollar Holds, Crypto Reels From Reported Binance Heist

Bitcoin held near $78,000 after a reported $6.3 billion Binance theft as the dollar traded sideways ahead of U.S. midterms.

Binance Says It Replenished 98% of $6.3B Heist

Binance co-founder Changpeng Zhao credited U.S. law enforcement with helping track and freeze funds stolen in a roughly $6 billion hack attributed by the FBI to North Korean group TraderTraitor. He said the response may have helped limit the decline in Bitcoin, though that assessment was his interpretation of the market reaction.

Bitcoin ETF Flows Mixed as Ethereum ETFs Rebound

Ethereum’s technical indicators point to a possible rally toward $2,600, though resistance, high Treasury yields and weaker staking appeal pose risks. Separately, strong 2026 ETF inflows and declining exchange balances signal growing institutional demand, even as Ethereum’s ETF assets remain far below Bitcoin’s.

FBI Attributes $6.3 Billion Binance Heist to North Korea-Linked Group

Elon Musk warned that superintelligent AI agents could eventually exploit cryptocurrency systems to acquire money for themselves, reacting to a reported $6.3 billion Binance security breach. The attacker allegedly used USDT as collateral to borrow Ether that could not be frozen in the same way; there is no evidence AI was involved in the incident.

Crypto scam reviews flag recurring warning signs amid trading guides

Crypto coverage highlights recurring scam warning signs—including recruitment-based payouts, unrealistic returns and blocked withdrawals—alongside concerns about sophisticated hacks and wallet security. Separate guides compare crypto prop-trading firms and AI trading bots, emphasizing fees, platform features, safeguards and the need for human oversight.

Binance Reports $6.3 Billion Crypto Theft

Binance is investigating a major hot-wallet security incident that it estimates had a $6.3 billion impact, and says user funds are safe. The exchange temporarily halted withdrawals while strengthening its controls, with co-CEO Yi He saying withdrawals are expected to resume within 48 hours and deposits are operating normally.

Binance Investigates Billions in Transfers as Crypto Liquidations Surge

"It does look like a hack on Binance," Zhao said, expecting user funds fully covered after outflows estimated up to $5.9B; Binance verified $2.54B frozen.

Binance Probes $6.3 Billion Crypto Heist

Binance says it helped African law enforcement pursue scam networks: a coordinated operation across 16 countries led to 651 arrests, while a separate Ghana-Nigeria crackdown resulted in 28 arrests and identified more than $11 million in funds potentially subject to freezing. The exchange also warned users about counterfeit crypto tokens used to fake payments, urging them to verify token contracts, networks and convertibility before handing over goods or services.

Binance Theft Becomes Largest Crypto Hack on Record

Crypto scams are taking several forms, from counterfeit tokens used to trick sellers and compromised-wallet attacks to fake AI trading platforms and coordinated rug-pull operations. Separately, Blockaid reported an ongoing attack on Ethereum project X100, in which attackers stole about $4.85 million in USDT and removed hundreds of thousands of X tokens.

Netanyahu Seeks Blockchain Plan Against Potential Banking Sanctions

Israeli Prime Minister Benjamin Netanyahu said he has asked officials to develop alternatives, including blockchain or cryptocurrency, in case international banking sanctions restrict Israel’s access to the financial system; he provided no details on how or when such a plan might work. He also warned that Israel should prepare for reduced U.S. military aid and greater self-reliance.

SoFi Launches First National Bank Retail Tokenized Deposits

SoFi launches SOFIE, called the first U.S. national bank retail tokenized deposit: each equals $1 at SoFi Bank, FDIC-insured, with 4.4% APY per wire (Fortune cites 4.2%).

Democratic Midterm Gains Could Spur Financial Industry Probes

A Democratic victory in either chamber of Congress could give lawmakers subpoena and hearing powers to investigate crypto and prediction-market firms, financial regulators, and President Donald Trump’s family business ties, including possible conflicts of interest and national-security risks. It would not automatically stop the administration’s push to ease financial regulations, though heightened scrutiny could create pressure on agencies and companies.

Greece proposes 10% crypto gains tax

Greece’s late-Thursday draft sets a 10% crypto gains tax—down from 15%—with a €500 yearly exemption, heading to parliament in November.

CFTC begins drafting first rules for leveraged crypto trades

Federally registered crypto platforms could offer retail margin and leverage under the CFTC's first proposals, unlike state-licensed exchanges. ANPRM posted Oct. 5, 2026; 60-day comments.

Fairshake plans bipartisan spending in 32 House races

Fairshake will back 32 House candidates—19 Republicans and 13 Democrats—with $1 million each for six, one month before the 2026 midterms.

Community Bankers Sue OCC Over Crypto Charters

ICBA sued the OCC on Oct. 2, 2026, seeking to vacate a March 2026 trust-charter rule and Protego's approval, calling crypto charters a "side door" into banking.

Ex-LA deputy sentenced for aiding crypto godfather and tax fraud