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CoinucationBinance says $6.34 billion hack started with a fake job interview
The FBI attributed the attack to North Korea, which denied responsibility and said it sees no need for talks with the United States.
By Coinucation Research, reviewed by Coinucation Editorial · Published Nov 4, 2026, 07:00 UTC · Covers the last 24 hours to
The 30-second version
- Binance said its $6.34 billion hack began with a fake job interview and a compromised AI tool, giving attackers months of access.
- The FBI blamed North Korea for the Binance hack, and Pyongyang, including Kim Yo Jong, rejected the accusation.
- Bitcoin rose 1.6% to $77,823 after briefly dipping below $76,000 as Democrats swept the US midterms; Ether gained 1.9% to $2,291.
- US spot bitcoin ETFs had $398.6 million in outflows on November 2 and ether ETFs $138.3 million, while stablecoin supply fell about $970 million.
- South Korea's Financial Services Commission is weighing a rule requiring exchanges to hold about 99% of assets in cold wallets after the Binance hack.
- Justin Sun sued World Liberty Financial over frozen WLFI tokens; WLFI fell 2.3% and Official Trump 3.2% among top-100 coins.
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
- LayerZero ZRO$1.88 +11.2%
- Pump.fun PUMP$0.004328 +10.3%
- Venice Token VVV$23.36 +10.0%
- Bitway BTW$1.02 +9.7%
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 · 271 headlines read1Binance traces $6.34 billion hack to a fake job interview
Binance said the $6.34 billion hack started with a fake job interview and a compromised AI tool, and that attackers had access for months. One outlet reported that North Korean hackers had refined the fake interview method over dozens of earlier attacks.
Reporting: Crypto Briefing · BeInCrypto · Bitcoin Magazine · Blog.
2FBI blames North Korea for Binance hack, Pyongyang denies it
The FBI attributed the $6.3 billion Binance hack to North Korea. North Korea denied responsibility, with Kim Yo Jong responding publicly and the government saying it sees no need for talks with the United States. Tom Lee described the hack as a bull market signal, a view one outlet said stablecoin data does not support.
Reporting: CryptoPotato · AMBCrypto · BeInCrypto · Crypto Briefing.
3Mercado Bitcoin attacker moves $8 million in Ether
About $8 million in Ether was moved after an attack on Brazilian exchange Mercado Bitcoin. The attacker still holds PEPE, AAVE and PENDLE tokens, leaving millions of dollars exposed.
4Liquid Network restores full Bitcoin backing after hack
The Liquid Network has restored 1:1 Bitcoin backing following a major hack. Wallet refills are still being handled manually.
BTC Reporting: Bitcoinist · CryptoSlate.
5South Korea weighs 99% cold wallet rule for exchanges
South Korea's Financial Services Commission is considering raising the share of assets exchanges must keep in cold wallets to about 99%. The proposal follows the Binance hack.
Reporting: Crypto Briefing · U.Today.
6Bitcoin dips below $76,000 during midterms, then recovers
Bitcoin fell below $77,000 and briefly below $76,000 as Democrats swept the US midterm elections, then recovered sharply. In our data, Bitcoin ended the 24 hours up 1.6% at $77,823.
BTC Reporting: Bitcoinist · CryptoPotato · Crypto Briefing.
7Crypto and US futures slip as early midterm races are called
ZEC and NEAR declined again and Bitcoin fell ahead of the US midterm elections, while US stock futures dropped as early races were called. In our 24-hour data, Zcash was the top gainer among the top 100 coins, up 12.2%.
BTCZECNEAR Reporting: CryptoPotato · Coinpedia · BeInCrypto.
8Ether held on exchanges falls to lowest level since 2016
Exchanges reported large Ether outflows, bringing exchange reserves to their lowest level since 2016. Bitmine added another $11.22 million in ETH.
ETH Reporting: U.Today · CryptoPotato · AMBCrypto.
9Projected $150 billion Treasury cash rebuild tests liquidity hopes
A projected $150 billion rebuild of the US Treasury's cash balance is weighing on hopes for year-end liquidity relevant to Bitcoin. Separately, Michael Saylor's Bitcoin treasury company is showing close to $1 billion in profit.
BTCCASH Reporting: CryptoSlate · U.Today.
10StakerX AI agent passes $40 million staked on Solana
StakerX said its AI agent surpassed $40 million in staked assets on Solana within three months of launch. Ocelot launched leveraged trading on Solana covering more than 25 assets.
SOL Reporting: AMBCrypto · Crypto Briefing.
Flows
Leverage
OKX perpetual swaps| Market | Liquidated | Longs / shorts | Funding (8h) | Open interest |
|---|---|---|---|---|
| BTC | $21.96M | $11.58M / $10.38M | 0.0100% | $2.70B +3.1% |
| ETH | $22.43M | $7.96M / $14.47M | 0.0080% | $1.46B +1.1% |
| SOL | $4.97M | $3.55M / $1.42M | 0.0062% | $335.09M +3.0% |
| XRP | $1.66M | $866.2K / $788.9K | 0.0100% | $102.64M -0.9% |
| DOGE | $1.76M | $1.67M / $93.4K | 0.0038% | $93.56M -1.1% |
| BNB | $334.8K | $333.9K / $906.43 | 0.0013% | $49.57M -5.0% |
Leverage is steady: open interest moved +2.2% and liquidations were modest. Total liquidated $53.10M 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
Justin Sun sues World Liberty Financial over frozen tokens
Justin Sun sued Trump-linked World Liberty Financial over frozen WLFI tokens. He is also seeking court sanctions, alleging the company claimed UAE ownership ties to leave US court after presenting itself as American.
WLFI Reporting: Crypto Briefing · Coinpedia · BeInCrypto · CryptoSlate.
Coinbase resumes staking in New Jersey as state drops order
New Jersey dropped its staking order against Coinbase after three years. Coinbase has restored crypto staking for customers in the state.
Reporting: Bitcoin Magazine · Crypto Briefing · AMBCrypto.
CFTC approves equity perpetual futures, drawing a lawsuit
The CFTC cleared the way for equity perpetual futures to trade in the United States. A group backed by Cboe and Citadel sued the agency over the approval.
Reporting: Crypto Briefing · Bitcoin Magazine.
Kraken and Crypto.com freeze funds tied to suspected $133M theft
Kraken and Crypto.com blocked funds linked to a suspected $133 million crypto theft, according to a report. Kraken restricted the associated accounts.
Reporting: Crypto Briefing · AMBCrypto.
Outlet publishes 2033 Bitcoin model based on old mathematical law
One outlet published a long-range Bitcoin price model for 2033 based on a 130-year-old mathematical law. Coinucation does not report price predictions.
BTC Reporting: BeInCrypto.
Today ahead
next 48 hoursNothing scheduled that we track in the next 48 hours.
Learn: term of the day
A crypto wallet is software or hardware that stores your private keys and lets you send and receive crypto; the coins themselves live on the blockchain.
It comes up in today's story: 99% Cold Wallet Rule Mulled by South Korea Following Binance Hack. Full definition · Explainer