Binance taps half its SAFU Bitcoin holdings, releases reserve proof
Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restoring the $1 billion fund.
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Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restoring the $1 billion fund.
The watchdog has not named the jurisdictions under review. Initial findings on compliance with its crypto standards are due in June 2027.
Crypto exchange Gate said it froze two linked accounts as US investigators urged platforms to block transactions tied to the $6.3 billion theft.
Bitcoin lost 7.3% in October 2026 after another decline the previous year, despite the month’s historically strong returns, as analysts reassess seasonal signals.
Trezor cited July’s Coldcard attacks, in which strong passphrases helped protect some users whose wallet recovery information was compromised.
The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.
Bitcoin price action held its 100-day moving average into the monthly close as crypto markets braced for US midterm election and tech earnings volatility.
OKX led cryptocurrency exchanges with $445 million in daily inflows, while Binance processed about $7 billion in net outflows.
US spot Bitcoin ETFs ended October with $515 million in net withdrawals, while Ether funds posted a record $1.61 billion in monthly outflows.
BTCPay Server urged operators to shut down their servers after receiving reports of unauthorized attackers draining funds from hot wallets.
The central bank is surveying 31 financial institutions on how a major exchange shutdown, prolonged crypto downturn or losses at another firm could affect their operations.
THORChain node operators paused swaps involving assets on 10 networks, including Bitcoin, Ethereum, Solana and Tron.