Binance hack loss estimates range up to $6.3 billion as Tether and Circle freeze funds
Bitcoin fell 1.9% to $78,461 and Ether 2.9% to $2,245, while Hyperliquid rose 18.3% after ICE outlined plans for US perpetual futures.
By Coinucation Research, reviewed by Coinucation Editorial · Published Oct 30, 2026, 07:00 UTC · Covers the last 24 hours to
The 30-second version
- Reports put losses from a suspected Binance hack between $2 billion and $6.3 billion, and Tether, Circle and Ripple have frozen linked funds.
- Bitcoin fell 1.9% to $78,461 and Ether 2.9% to $2,245, with total market cap at $2.65T; several outlets tied the drop to the Binance hack.
- Hyperliquid led the top 100 with an 18.3% gain after ICE announced plans for US perpetual futures with Hyperliquid-linked Trade.xyz.
- Bitcoin ETFs took in $137.3M on October 28, while Ether ETFs lost $22.4M that day and $273.5M over seven days.
- Stablecoin supply fell by about $613.5M, and OKX liquidations totaled $144.7M as open interest rose 1.9%.
- The Fear and Greed index stands at 30 (Fear), and bitcoin dominance is 59.4%.
Market snapshot
change vs the previous wrapYour watchlist
Star coins anywhere on the site and they show up here every morning with their move and any news. Pick coins or sign in to bring your list from the app.
What moved
top 100 by market cap · 24 hoursGainers
- Hyperliquid HYPE$93.39 +18.3%
- Lighter LIT$2.96 +3.9%
- LayerZero ZRO$1.68 +3.7%
- Pi Network PI$0.0787 +3.1%
- Plasma XPL$0.0766 +2.8%
Losers
- Bitway BTW$1.46 -18.0%
- Curve DAO CRV$0.2754 -15.5%
- Pyth Network PYTH$0.0618 -12.0%
- Celestia TIA$0.4614 -10.6%
- Grass GRASS$0.5897 -9.2%
A reason appears only where our data or a primary source supports one; otherwise it is just the move.
The big stories
ranked by how many outlets covered them · 318 headlines read1Tether and Circle freeze USDT and USDC tied to suspected Binance hack
Tether said it froze more than $1.567 billion in USDT linked to a suspected Binance hack, up from an earlier reported $971 million, and Circle also froze funds. Reported loss estimates range from $2 billion to $6.3 billion. One report says Binance has pledged to cover all user losses.
USDT Reporting: Crypto Briefing · BeInCrypto · AMBCrypto · CryptoPotato.
2Bitcoin briefly drops to $76,300 as Binance hack reports spread
Several outlets linked a market decline to the Binance hack, reporting that bitcoin briefly fell to $76,300. Reported liquidations reached $628 million within one hour, and long positions in bitcoin and XRP were hit. Our data shows bitcoin down 1.9% to $78,461 over 24 hours.
BTCETHXRP Reporting: U.Today · BeInCrypto · Bitcoin Magazine · Coinpedia.
3Ripple freezes $200 million as reports cite North Korea link to Binance hack
Ripple froze $200 million, and one report put total Binance hack recovery at $3 billion while citing a North Korea link. Separately, the US Treasury sanctioned crypto launderers connected to a North Korean fake-worker network reported at $600 million.
Reporting: CryptoSlate · Bitcoin Magazine · Coinpedia.
4Polymarket resolves security issue after third-party breach
Polymarket said it resolved a security issue that stemmed from a breach at a third party. A separate security report also mentioned a breach at Ledger.
Reporting: Crypto Briefing · Coinpedia.
5Binance founder says user funds appear safe after $2 billion outflow
Reports of a $2 billion outflow from Binance raised questions about customer funds. The Binance founder said the suspected hack appears safe for user funds.
SAFE Reporting: BeInCrypto · Crypto Briefing.
6Long-range bitcoin forecasts and public bets draw attention
One published model projects bitcoin at $1.6 million by 2036, with 82% of that figure resting on a single assumption. Grant Cardone placed a $1 million bet on bitcoin, and users calling bitcoin a dead network on X received bet offers totaling $3 million.
BTC Reporting: CryptoSlate · BeInCrypto · Bitcoinist.
7Strategy reports record $21 billion Q3 operating income as BTC-per-share falls
Strategy, formerly MicroStrategy, reported record operating income of $21 billion for the third quarter of 2026, driven by bitcoin gains. Its bitcoin holdings per share declined.
BTC Reporting: BeInCrypto · Bitcoin Magazine.
8Outlets examine bitcoin and ether support levels after declines
Market commentary focused on whether bitcoin holds the $80,000 level and on the $76,000 and $2,000 levels for bitcoin and ether. Our data shows Ether down 2.9% to $2,245.
BTCETH Reporting: Coinpedia · CryptoPotato.
9Polygon adds Solana to its Open Money Stack payments platform
Polygon added Solana support to its Open Money Stack, which links bank accounts with stablecoin payments and bank payouts.
SOL Reporting: Crypto Briefing · AMBCrypto.
10Bitcoin Core patches three node-crashing bugs found by AI
Bitcoin Core fixed three security bugs that could crash nodes, including one affecting Windows and macOS. The bugs were discovered using AI.
BTC Reporting: Bitcoinist · AMBCrypto.
Flows
Leverage
OKX perpetual swaps| Market | Liquidated | Longs / shorts | Funding (8h) | Open interest |
|---|---|---|---|---|
| BTC | $63.07M | $52.29M / $10.77M | 0.0100% | $2.67B +3.5% |
| ETH | $51.91M | $30.84M / $21.07M | -0.0076% | $1.47B -2.6% |
| SOL | $16.84M | $14.33M / $2.51M | -0.0295% | $360.77M +10.6% |
| XRP | $6.92M | $6.71M / $208.3K | -0.0132% | $84.48M -6.5% |
| DOGE | $4.51M | $4.07M / $436.7K | -0.0027% | $88.50M -3.9% |
| BNB | $1.45M | $1.12M / $330.4K | -0.0586% | $65.32M +18.3% |
Leverage is steady: open interest moved +1.9% and liquidations were elevated. Total liquidated $144.69M on OKX perpetual swaps; one venue, so the market-wide total is larger. Liquidation calculator.
Treasuries
No new company purchases in SEC filings in this window.
Network
Ethereum gas is well below its 24-hour average.
Regulation and policy
ICE plans US perpetual futures with Hyperliquid-linked Trade.xyz
Intercontinental Exchange, owner of the NYSE, is working with Hyperliquid-linked Trade.xyz to launch US-regulated perpetual futures on crypto and stocks. The HYPE token rose after the reports, and our data shows Hyperliquid up 18.3% over 24 hours.
HYPE Reporting: Crypto Briefing · CryptoPotato.
KuCoin ends services for users in Russia and Belarus
KuCoin announced an immediate shutdown of services for users in Russia and Belarus as EU crypto sanctions tighten.
KCS Reporting: BeInCrypto · Crypto Briefing.
HTX agrees to leave UK in settlement with FCA
Crypto exchange HTX reached a settlement with the UK Financial Conduct Authority and agreed to exit the UK. It will halt UK crypto promotions until 2031.
HTX Reporting: Crypto Briefing · Bitcoin Magazine.
Senator Hagerty discusses expanding US Strategic Bitcoin Reserve
Senator Bill Hagerty discussed expanding the US Strategic Bitcoin Reserve and its relation to the dollar's global role.
BTC Reporting: Bitcoin Magazine.
Thailand's Supreme Court rules bitcoin is property under criminal law
Thailand's Supreme Court ruled that bitcoin counts as property under the country's criminal law.
BTC Reporting: Crypto Briefing.
Today ahead
next 48 hoursNothing scheduled that we track in the next 48 hours.
Learn: term of the day
Solana is a high-throughput proof-of-stake blockchain known for fast, cheap transactions and a large memecoin and NFT ecosystem.
It comes up in today's story: Polygon brings Solana into its Open Money Stack payments platform. Full definition · Explainer
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