BlackRock recorded outflows of 580,145 ETH worth about $1.32 billion over the past month, according to Lookonchain’s Nov. 2 update, as withdrawals continued from its Ethereum investment product. Summary BlackRock’s monthly Ether outflows reached 580,145 ETH, valued at approximately $1.32 billion, according to Lookonchain. ETHA accounted for nearly 77% of daily Ether withdrawals in the
The HSBC RedCoin stablecoin has signed up 50,000 users in just over a week. Group CEO Georges Elhedery disclosed the figure on Monday at Hong Kong FinTech Week. The South China Morning Post reported his remarks. Merchant payments and wallet top-ups are already live on PayMe. That is the plain read. A bank-issued HKD token
India’s financial regulators have reportedly begun examining offshore cryptocurrency payment cards that allow residents to spend digital assets in rupees, following concerns over foreign exchange compliance and transaction monitoring. Summary India’s RBI and FIU are reportedly examining offshore crypto cards used for everyday purchases and ATM withdrawals. RedotPay is among the providers whose cards allow
Hardware wallet manufacturer Trezor has increased its maximum passphrase length from 50 to 128 characters, citing lessons from cryptocurrency thefts involving vulnerable Coldcard devices earlier this year. Summary Trezor has expanded its wallet passphrase limit from 50 to 128 characters in its October software update. The feature requires updated firmware and supports Model T, Safe
Level Value Read Cycle low $58,000 (25 June) Retested 30 June, held by $56 Weekly Open $59,590 (29 June) Spot trades below it $60,000 shelf Reclaimed, rejected Support flipped to resistance Gamma flip ~$68,000 Negative-gamma regime below Aggregate realised price ~$53,000 Capitulation line, ~8% below spot Monthly Open $71,314 (1 June) June closed ~18% lower
THORChain has suspended cryptocurrency swaps across 10 blockchain networks after an Ethereum transaction error triggered an emergency shutdown, temporarily disrupting transfers linked to the $6.3 billion Binance hack. Summary THORChain suspended swaps on 10 blockchain networks after an Ethereum block reorganization caused an incorrect 10 ETH refund. The protocol’s automatic solvency checker detected the missing
Elon Musk’s Grok AI predicts that a potentially historic milestone for Ethereum could be on the horizon by January 1, 2027. Its belief is that an unprecedented catalyst may be on the cards for ETH, and if it lands, The concept proposes officially recognizing Ethereum as the primary platform for settlement and smart contracts within
Binance co-founder and co-CEO Yi He has pushed back against comparisons between the exchange and collapsed rival FTX, saying full operations will resume only after its security systems are confirmed safe following the $6.3 billion hack. Summary Binance co-founder Yi He has pushed back against comparisons with collapsed exchange FTX, saying customer withdrawals and full
The first trading day after the Binance hack saw the biggest ETF outflow since June 25. Source link
On October 29, 2026, hackers siphoned $6.3 billion from the world’s largest crypto exchange Binance, marking what blockchain analysts call the largest digital asset heist in history and potentially the single largest known theft of any kind. Summary Hackers stole $6.3 billion from Binance on October 29, with blockchain analytics firms attributing the attack to
