FBI identifies North Korean hackers behind Binance theft — Arabian Post

South Korea's Financial Services Commission directed crypto exchanges to increase offline storage of customer coins, following a Binance security breach. Regulations require at least 80% of assets in cold storage, reducing hacking risks. Bitcoin and Ethereum prices are $77,324 and $2,267, respectively. Exchanges like Coinbase, Binance, and Mercado Bitcoin were affected by recent security incidents.

North Korean hackers, linked to the TraderTraitor group, have moved $6.4B stolen from Binance across 12,000 wallets on 11 blockchains in 40,000 transactions. Stablecoin issuers froze $2.85B, but $786M in stablecoins were swapped before freezes. Binance covered losses and saw $3.64B in net outflows post-attack. Elliptic suggests laundering is automated but not AI-driven. $3.24B remains in linked addresses, likely held by North Korea.

US spot Bitcoin ETFs saw a net outflow of $643.3 million on 30 October, the largest single-day exit since June, reducing 2026 gains to a minimal positive. Total assets under management fell to $98 billion. The outflow was linked to the Binance hack and existing market softness, with Bitcoin price briefly dipping but recovering. Key levels to watch are $76,000 and $80,000. Upcoming events include US midterm elections and nonfarm payrolls.

Strategy and Strive bought 935 BTC in the week through November 1, with Strategy acquiring 811 BTC at an average price of $80,846. Strategy also spent $208.2 million buying back STRC preferred shares and allocated $98.5 million to USD Cash. Michael Saylor confirmed the purchases on X. Bitcoin traded at $77,948 on Monday, down 0.5%.

Bitmine Immersion Technologies, a NYSE-listed company, added 8,573 ETH ($19M) to its holdings, now totaling 6,060,506 ETH ($13.7B). Chairman Tom Lee commented on the Binance hack, arguing crypto's resilience is growing. Bitmine aims to own 5% of Ethereum's supply, reaching 4.9% in 15 months. The company's total holdings are $14.5B, including Bitcoin, cash, and other investments.

An Ethereum wallet spent $63 million to buy 27,553 ETH in five hours at an average price of $2,286, according to Lookonchain. ETH fell over 16% in October due to market weakness and other factors. Long positions exceed 380,000 ETH, and 36% of ETH supply is staked. Analysts watch key levels like $2,280-$2,300 and $4,000 for potential rallies.