Bitcoin fell below $70,000. Shorts now pay longs on 60% of its $43.7 billion in futures bets
Funding turned negative on seven of the ten biggest bitcoin perpetual markets as the price fell 5% in a day, CoinGecko data show. Solana bets leaned even harder toward a fall. XRP and zcash bets did not.
US moves to seize $1.2 billion of the Binance hack haul and shuts down North Korea's deepfake call trap
The Justice Department says it won court approval to seize or restrain more than $1.2 billion stolen from Binance on October 29. It also took down servers behind "FaceStealer," a fake video call scheme it ties to more than $400 million in thefts.
MEET48's IDOL rose 65% and halved in under 16 hours. Futures traded 16 times spot
The small BNB Chain token jumped from $0.024 to $0.040 on Wednesday evening and was back below $0.020 by dawn. Open futures bets on it are worth more than the token's whole market value.
PEPE fell 11% in a day. Shorts now pay longs on half of its $465 million in futures bets
The frog memecoin was the worst performer among the 50 biggest coins on CoinGecko. Its open futures bets equal about a quarter of its market value, and on the biggest market, Binance's, shorts now pay longs.
Rumor vs record: is a hacker really selling 335.9 million Binance user records?
A "pay or leak" ad offering 335.9 million Binance records, private keys included, has been reshared online. We checked each claim against Binance's own pages and a threat intelligence firm's review. Nothing confirms it, and its headline number is close to a counter anyone can read on Binance's homepage.
Rumor vs record: a viral post credited to Musk said Binance holds 80% of crypto. It does not
A viral post credited to Elon Musk said Binance holds about 80% of the crypto market and urged users to leave. We checked each line against CoinGecko's exchange data and DeepSea's wallet tracker. The 80% figure does not hold up.
Initia's INIT jumped about 70% in a day, and traders swapped twice its market value
INIT climbed from about $0.12 to $0.22 in 24 hours, with $98 million to $102 million of trading against a market value under $50 million. Binance carried 43% of it, and a Turkish lira pair led every market.
Senator Blumenthal gives Binance, Tether and World Liberty until January 4 to hand over records
Senator Richard Blumenthal says the three crypto firms have produced no records he asked for, some requests going back 18 months. His November 5 letters set a first check-in for November 9 and warn of "alternative measures" after January 4.
Hyperliquid holds $626 million of open Zcash bets, more than Binance's $556.9 million
On a quiet Sunday, Zcash was the second most traded market on Hyperliquid, ahead of ether. CoinGecko's data shows the on-chain exchange now carries the largest pile of open ZEC futures of any venue.
Rumor vs record: did hackers pay $15 to drain $2.5 billion from Binance in 20 minutes?
Headlines about the Binance hack keep spreading. We checked the most shared claims against Binance's own report, DeepSea's hack tracker and CoinGecko prices. The single-transaction part holds up. The "$15" and "20 minutes" framing misses the story.
Harmony's ONE jumped 85% in a day and a half. Trading hit 3.4 times its market value
ONE went from about $0.00106 to $0.00196 on CoinGecko as daily trading rose from about $2 million to $97 million. We could not confirm an official reason for it.
Hyperliquid holds $14.9 billion in open bets, second only to Binance on CoinGecko
CoinGecko ranks Hyperliquid second of all derivatives exchanges by open interest, about $14.9 billion. Its traders also churn their positions far less than on centralized rivals.
Exchange wallets lost $11.45 billion in 18 hours. Mostly price, not withdrawals
DeepSea's exchange list shrank 4.7% as bitcoin fell about 6%. Binance's holdings dropped $6.84 billion, and MEXC fell 15.8%, the steepest among large exchanges.
A net 16,251 bitcoin flowed onto exchanges in a week. Binance took in the most
DeepSea's dashboard shows a net 1,387 BTC flowed into exchanges in 24 hours, with Binance up 2,479 BTC while Kraken and Bitfinex lost coins.
Binance's 7-day flow on DeepSea: a $1.55 billion net outflow after last week's $5.04B inflow
Last week's DeepSea report showed money pouring into Binance. Its live seven-day count now shows $4.54 billion leaving and $3.00 billion arriving.
OKX logged three times Binance's transfer count last week and lost a net $241.6 million
DeepSea's exchange data shows 451,046 transfers at OKX from October 26 to November 1, with almost twice as many withdrawals as deposits. Bybit went the other way, with a net $478.2 million coming in.
One Tron wallet moved $751 million of USDT through Binance in about two hours
DeepSea's list of the week's largest exchange transfers is all dollar tokens: $2.49 billion in 11 moves, led by Coinbase USDC and a single unlabeled Tron address moving USDT to and from Binance.
Binance took in a net 66,386 bitcoin, worth $5.2 billion, in the week it was hacked
DeepSea's data shows a net $5.04 billion flowing into Binance from October 26 to November 1, almost all of Asia's net inflow. Who sent it? The data cannot say.
$307 million in hack-linked bitcoin hit exchanges in one week. OKX got the biggest share
DeepSea counted 680 deposits of tainted funds into exchanges from October 26 to November 1, nearly all in BTC. OKX took $139.96 million in just 55 of them, including a run of near-identical $15.47 million transfers.
A fake job interview opened the door to Binance's $6.34 billion hack, its own report says
Binance's first incident report traces the October 29 theft to a staged hiring process, a poisoned coding test and a developer tool swapped for malware. Then nine minutes of hot-wallet transfers did the rest.
2026's biggest airdrops: $809 million claimed, 9 of 11 tokens below first close
On-chain data compiled by Bitquery puts 51 large EVM airdrops this year at $809.4 million and 2.02 million claiming wallets. Most claimers moved their tokens within a day, and CoinGecko prices show only Backpack and Espresso above their first daily close.
82,671 wallets claimed Brevis' BREV airdrop. 45% of the claim pot was never collected
Brevis opened its BREV claim on January 6, 2026, after a points campaign, a Kaito leaderboard and a Binance HODLer drop. The Ethereum claim contract still holds 45% of its 20 million BREV, and the token trades about 77% below its first daily close.
BNB just burned $1.2 billion of itself. Why is 100 million still years away?
The 37th quarterly auto-burn destroyed 1,646,196 BNB on October 19, the most coins of any burn this year. Supply is now 131.5 million BNB, still 31.5 million above the long-term target.
bStocks, a Binance affiliate's stock tokens, jumps 53% to $1.31 billion and No. 1
bStocks, issued on BNB Chain by a Binance group affiliate, is now the largest tokenized stock platform. By our math it added more value in 30 days than the whole $3.58 billion market did, because the rest of the market shrank.
Copy trading explained: how it works, what lead traders take and why results differ
Copy trading lets you automatically mirror another trader's positions on an exchange, in return for a share of any profit. Your results can differ from theirs because of order size, slippage and timing, and regulators warn it can encourage herd behavior and frequent trading.
What are exchange tokens? BNB keeps burning, OKB froze its supply at 21M
Exchange tokens are coins tied to a crypto exchange that give holders perks on the platform and pay gas on the exchange's own blockchain. BNB shrinks through quarterly burns toward 100 million; OKB's supply was fixed at 21 million in 2025. Both stay tied to one company.
CEX vs DEX explained: who holds your crypto, and what can go wrong
A centralized exchange (CEX) is a company that holds your coins and matches orders in an order book; a decentralized exchange (DEX) is blockchain software that lets you swap from your own wallet against a pool of tokens. The real trade-off is custody: convenience and support on one side, control and responsibility on the other.
One address, two exchange hacks: DeepSea traces where this fall's stolen crypto went
DeepSea says funds from the Bitget and Binance thefts landed at the same address. Its tracker also shows how little of the loot has reached exchanges, and how much is simply sitting still.
Binance Launchpool and HODLer Airdrops explained: how BNB holders earn new tokens
Launchpool pays a new token hour by hour to people who lock BNB or stablecoins; HODLer Airdrops pay one after the fact to people who held BNB in Simple Earn during a past window. Both depend on your share of a pool, and both carry price risk.
How crypto exchange hacks happen: the weak spot is rarely the key itself
Most exchange hacks start in hot wallets, the online wallets that pay out withdrawals. Attackers rarely break the cryptography. They get into the systems and people that approve transactions, then rush to swap stablecoins before issuers can freeze them.
Binance took in 18,435 BTC in two weeks while $6.81 billion in stablecoins walked out
DeepSea's data shows about $1.5 billion in bitcoin flowing into Binance in early October, just as billions in USDT left. Kraken saw the opposite, and the price fell anyway.
What is proof of reserves? What it proves about exchanges, and what it misses
Proof of reserves is a public check that an exchange holds at least as much crypto as its customers have deposited. Merkle trees or zero-knowledge proofs let you confirm your balance was counted, but it is a one-day snapshot, not proof the company is solvent.
Asian exchanges lost $11.95 billion in three weeks, most of it USDT leaving Binance
DeepSea's data shows a steady stablecoin exodus from Asian exchanges starting September 28, weeks before Binance was hacked. Western exchanges barely moved, while smaller dollar tokens began to swing.
Asian exchanges lost $2.2 billion in one week, and $2.12 billion of it left Binance
DeepSea's report for October 12 to 18 shows stablecoins, mostly USDT on Tron, pouring out of Binance while bitcoin flowed in. The same week, hack-linked funds flooded exchange deposit addresses and a few big Hyperliquid traders turned short.
Binance lost a record $6.3 billion. Who froze $2.7 billion of it?
Attackers emptied Binance's hot wallets on October 29 in the biggest crypto theft on record. Stablecoin issuers froze about $2.7 billion, the FBI blames North Korea, and Binance says users will not pay.
Circle earned $1.4 billion and kept about 7 cents per dollar. Where did the rest go?
Circle says 59% of its first-half 2026 revenue went to the exchanges and apps that distribute USDC. A September filing shows how one of those deals, with Binance, works.