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CoinucationBinance says $6.34 billion hack started with a fake job interview
Bitcoin fell 7.2% to $74,253 and Ether fell 8.8% to $2,112 on the week, while US bitcoin ETFs saw $1.36 billion in net outflows over seven days.
By Coinucation Research, reviewed by Coinucation Editorial · Published Nov 9, 2026, 07:01 UTC · Covers the week to
The 30-second version
- Binance traced a $6.34 billion hack to a fake job interview, and North Korea denied any role in the attack.
- Bitcoin dropped 7.2% to $74,253 and Ether 8.8% to $2,112, with total crypto market value at $2.47 trillion.
- Bitcoin touched a multi-week low as reported liquidations reached as much as $1 billion, and open interest fell 3.9%.
- Our tracker shows US bitcoin ETFs lost $1.36 billion and ether ETFs $474 million in net flows over the last seven days.
- The US Treasury blocked exchange MEXC, citing alleged illicit activity of $16 billion.
- Brazilian exchange Mercado Bitcoin froze withdrawals after a security breach estimated at $40 million.
Market snapshot
change vs the previous reviewWhat moved
top 100 by market cap · 7 daysGainers
- Pieverse PIEVERSE$1.60 +50.5%
- Pearl PEARL$1.61 +7.4%
- Arbitrum ARB$0.1722 +6.2%
- Bitway BTW$1.11 +6.1%
- Raydium RAY$1.67 +4.0%
Losers
- Official Trump TRUMP$1.15 -32.4%
- Grass GRASS$0.4739 -20.0%
- Ethena ENA$0.1497 -17.9%
- Worldcoin WLD$0.3173 -17.8%
A reason appears only where our data or a primary source supports one; otherwise it is just the move.
The week's big stories
ranked by how many outlets covered them · 1547 headlines read1Mercado 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.
BTCETHPEPEAAVE Primary: Coinucation ETF tracker. Reporting: Bitcoinist · AMBCrypto · CryptoSlate · CryptoPotato.
2Strategy adds 811 BTC for about $65.5 million
Strategy bought 811 BTC for about $65.5 million, according to a Form 8-K filed with the SEC. The purchase marks a resumption of its bitcoin buying.
BTCXRPRUNE Primary: SEC EDGAR · SEC EDGAR. Reporting: Bitcoinist · CryptoPotato · The Daily Hodl · Crypto Briefing.
3North Korea denies role in $6.3B Binance hack
North Korea denied involvement in the $6.3 billion Binance hack and called the FBI's investigation and claims fabricated.
Reporting: BeInCrypto · Crypto Briefing · CryptoPotato · AMBCrypto.
4Bitcoin ETFs post $75 million inflow as Fidelity offsets BlackRock
U.S. spot Bitcoin ETFs took in $74.6 million on November 4, according to the Coinucation ETF tracker, as inflows to Fidelity's fund outweighed $104.97 million in withdrawals from BlackRock's fund. Over the last 7 days, Bitcoin ETFs saw net outflows of $752.3 million, while Ether ETFs took in $75.3 million on the day and lost $456.3 million over 7 days.
BTC Primary: Coinucation ETF tracker · Coinucation ETF tracker. Reporting: CryptoSlate · Crypto Briefing · U.Today · BeInCrypto.
5Mercado Bitcoin freezes withdrawals after estimated $40M security breach
Mercado Bitcoin, Brazil's largest crypto exchange, suspended deposits and withdrawals after confirming a security incident, with losses estimated near $40 million. Security firm Hypernative flagged about $40 million in outflows, and one report said 6.7 million XLM were taken.
BTC Reporting: BeInCrypto · Bitcoin Magazine · U.Today · CryptoPotato.
6Bitcoin hits multi-week low as liquidations reach up to $1 billion
Bitcoin fell to a seven-week low alongside about $1 billion in crypto liquidations, according to one outlet. Another reported $731 million in liquidations as election hopes faded. Our data shows bitcoin up 0.4% over the last 24 hours, with OKX liquidations of $29.3 million.
BTCETHXRP Reporting: Coinpedia · Crypto Briefing · AMBCrypto · CryptoPotato.
7Binance 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.
8Strive posts $474.8 million Q3 net income, 63.2% bitcoin yield
Strive (ASST) reported third-quarter net income of $474.8 million and a year-to-date bitcoin yield of 63.2%. Separately, spot bitcoin ETFs had $412 million in net outflows on November 6, according to one report.
BTC Primary: Coinucation ETF tracker · Coinucation ETF tracker. Reporting: Crypto Briefing · Bitcoin Magazine.
9Fidelity's Jurrien Timmer still favors Bitcoin over gold
Jurrien Timmer of Fidelity laid out his reasons for continuing to prefer Bitcoin to gold amid the market sell-off. Coinucation's ETF tracker shows Bitcoin ETFs had net outflows of $430.2 million on November 5 and $1.36 billion over seven days.
BTC Primary: Coinucation ETF tracker · Coinucation ETF tracker. Reporting: U.Today · Crypto Briefing.
10Ethereum whale buys $38M of ETH as network fees reach 2026 high
An Ethereum whale bought $38 million of ETH as on-chain fees climbed to their highest level of 2026 following the Binance breach. Several outlets described heavy whale buying on-chain.
ETH Reporting: U.Today · AMBCrypto · CryptoPotato.
Flows
ETF figures are the latest published by issuers; the most recent trading day on file is 2026-11-05.
Leverage
OKX perpetual swaps| Market | Liquidated | Longs / shorts | Funding (8h) | Open interest |
|---|---|---|---|---|
| BTC | $22.88M | $17.16M / $5.72M | 0.0084% | $2.58B -1.6% |
| ETH | $21.74M | $18.60M / $3.14M | -0.0000% | $1.43B -7.2% |
| SOL | $9.79M | $9.33M / $461.4K | -0.0009% | $297.53M -6.2% |
| XRP | $9.72M | $9.12M / $603.7K | -0.0011% | $89.23M -4.1% |
| DOGE | $2.81M | $2.64M / $171.4K | 0.0029% | $86.90M -5.0% |
| BNB | $474.9K | $472.3K / $2.6K | 0.0033% | $42.39M -4.6% |
Leverage is flushing: open interest fell 3.9% as longs took most of the liquidations. Total liquidated $67.42M on OKX perpetual swaps; one venue, so the market-wide total is larger. Liquidation calculator.
Treasuries
Network
Ethereum gas is well below its 168-hour average.
Regulation and policy
US Treasury blocks MEXC over alleged $16 billion in illicit activity
The US Treasury has blocked crypto exchange MEXC from the US financial system. The action cites an alleged $16 billion in illicit transactions.
Reporting: Crypto Briefing · Bitcoin Magazine · BeInCrypto · Coinpedia.
South Korea proposes delaying 22% crypto gains tax to 2029
South Korea proposed postponing its 22% tax on crypto gains until 2029, the fourth delay of the policy. The proposal also includes a three-year loss carryforward.
BTC Reporting: Crypto Briefing · BeInCrypto · U.Today · Bitcoinist.
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.
Crypto-in-401(k) rule goes to White House for final review
A rule allowing crypto in 401(k) retirement plans has reached the White House for final review. Separately, Schellman identified critical gaps in a White House AI oversight accord.
Reporting: Crypto Briefing · Bitcoin Magazine.
Bitcoin swings back above $78,000 after midterm results; ZEC up 13%
Bitcoin moved sharply after the Democratic sweep of Congress and reclaimed $78,000, with one report tying a short squeeze to the result. Zcash (ZEC) rose 13% on the day.
BTCZEC Reporting: CryptoPotato · Bitcoinist · Bitcoin Magazine.
House Democrats plan crypto bill with bigger SEC role
Crypto prices rose as Democrats dealt Trump a midterm defeat. House Democrats are planning their own market structure bill that would expand the SEC's role and add ethics rules targeting Trump.
Reporting: Crypto Briefing · Coinpedia · Bitcoin Magazine · BeInCrypto.
Learn: term of the day
The SEC is the US Securities and Exchange Commission, the regulator that decides whether crypto assets are securities and oversees crypto ETFs.
It comes up in today's story: Strategy adds 811 BTC for about $65.5 million. Full definition · Explainer