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According to on-chain analyst Darkfost, with the occurrence of the recent Binance attack, the total amount of funds stolen by the North Korean hacker organization Lazarus Group has reached 11.87 billion dollars.Based on 2025 data, this amount is equivalent to 45% of North Korea's GDP and 35% of its gross national income, which illustrates the astonishing scale.However, during multiple money laundering processes, some funds have also been lost. The recent Binance attack is the most profitable event for this North Korean hacker organization.

According to RootData statistics, there were a total of 53 financing events disclosed in the crypto primary market in October, with a total disclosed financing amount of approximately 1.954 billion USD, an increase of 83.5% compared to 1.065 billion USD in September, and a decrease of 45.3% compared to 3.573 billion USD in October last year; the number of financing events increased by 12.8% compared to 47 events in September, and decreased by 32.1% compared to 78 events in the same period last year.From the perspective of sector distribution, DeFi and infrastructure each completed 17 financing events, with disclosed amounts of approximately 1.157 billion USD and 348 million USD, respectively; CeFi completed 9 financing events with a disclosed amount of approximately 343 million USD. Prediction markets, AI infrastructure, payment, and institutional financial services are the main directions for large financing this month.The top three projects by financing amount are Kalshi (1 billion USD), Whop (200 million USD), and Pearl (130 million USD), while Nous Research and Spiko disclosed financing of 90 million USD each. The top five projects accounted for approximately 1.510 billion USD, representing 77.3% of the total disclosed financing for the month, with Kalshi alone accounting for about 51.2%.In terms of RWA, according to project tags, there were 6 RWA-related projects that disclosed financing this month, totaling approximately 12.2 million USD, accounting for 11.3% of the month's financing events and 6.3% of the disclosed amount. Among them, Spiko completed a 90 million USD Series B financing, while Fission and Multiliquid disclosed financing of 10 million USD and 8 million USD, respectively.In terms of mergers and acquisitions, there were 11 recorded M&A events this month, the same as in September, with transaction amounts undisclosed, including projects such as BTCBOX, Zodia Custody, Zeal, and Z.com EX.Regarding investment institutions, Tether participated in 4 financing events, while Sequoia Capital, Pantera Capital, and North Island Ventures each participated in 3 events, with Blockchain Capital, Coinbase Ventures, and others also making multiple investments.

According to official news from Binance, it has completed the compensation for approximately $6 billion in assets involved in this hacking incident. At the same time, Binance confirmed that the transfer of funds from the Secure Asset Fund for Users (SAFU) has been completed, involving 7,499 BTC.Previously, Binance stated in the third security incident update announcement that it had reserved over $6.34 billion in company funds to compensate for the stolen losses, and the compensation ratio for affected assets has been increased from 80% to 90%. Among them, 10 assets including BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have achieved 100% reserve coverage.Binance stated that the sources of the compensation funds include part of the SAFU fund, the futures insurance fund, and the company's own funds. The remaining assets to be compensated mainly consist of tokens with lower liquidity, which will continue to be purchased through public markets and over-the-counter trading channels. Binance promises to bear all financial losses caused by this theft and will not pass them on to users.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 7.784 billion USD, with long positions at 3.598 billion USD, accounting for 46.22% of the holdings, and short positions at 4.186 billion USD, accounting for 53.78%. The profit and loss for long positions is 97.7322 million USD, while for short positions it is -75.5535 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2322.72 USD, currently showing an unrealized profit and loss of 5.2553 million USD.

According to a report from the Federal Bureau of Investigation (FBI), North Korea is responsible for the theft of over $6 billion in virtual assets that occurred around October 29 involving Binance. The FBI has referred to the related cyber activities as TraderTraitor.The FBI stated that it, along with the United States Secret Service and the Internal Revenue Service Criminal Investigation Division, has observed that the individuals involved primarily exchanged the stolen assets for ETH, and it is expected that further money laundering will occur through DeFi and instant exchange services.The three agencies have called on node operators, instant exchange platforms, DeFi services, and other virtual asset service providers to intercept and report transactions related to or originating from the addresses listed in the report.

Binance co-founder He Yi responded to users on the X platform, stating that the current $6.3 billion has covered all stolen assets, and Binance still needs to go through formal processes to recover the frozen $3 billion.This response was directed at user @LIZHIGE2026 regarding whether the frozen USDT will be returned to Binance. He Yi also addressed concerns from the public about Binance's solvency, assuring users that they can feel at ease.

Binance co-founder He Yi stated that Binance has allocated $6.34 billion of company funds to the user fund pool. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have achieved 100% reserve coverage.He Yi mentioned that Binance will continue to purchase other assets that have not yet been fully matched through the market and over-the-counter transactions until the coverage ratio of all tokens reaches 100%. The reserve proof snapshot has been completed, and the full zero-knowledge proof is expected to be generated on November 3, at which time holders of the aforementioned 10 tokens can verify the reserve situation themselves.

According to The Defiant, the real-time data dashboard of the blockchain security auditing firm CertiK shows that the cumulative losses in the cryptocurrency industry reached a record $9.2 billion in 2026.Data indicates that in October, $3.03 billion in assets were frozen or recovered, bringing the adjusted losses for the month down to $3.47 billion.

According to CNBC, after the release of Alphabet's third-quarter financial report, the stock price fell more than 12% to $285, with a market value shrinking by nearly $500 billion. Despite Google Cloud's revenue growing 103% year-over-year, the market is still focused on earnings per share falling short of expectations and the negative free cash flow amid ongoing investments in AI infrastructure.Mike Khouw stated in a CNBC column that the fundamentals of Alphabet's core business remain intact, but a short-term rapid rebound faces two obstacles. First, multiple institutions have downgraded ratings, target prices, or future earnings forecasts. He pointed out that historically, stocks that have experienced concentrated downgrades tend to underperform the market or trade sideways in the following 30 days, and institutional rebalancing can also limit upward momentum. Second, the gap down after the earnings report further damaged the technical pattern.In terms of technical indicators, Alphabet's RSI has dropped to just over 20, and the MACD sell signal has strengthened. However, Khouw believes that with the stock price close to the 52-week low of $270.70, combined with an extremely oversold condition, further declines may be limited.In terms of trading strategy, Khouw suggested using a sell wide strangle options strategy to cope with the anticipated range-bound fluctuations. He believes that continued selling in the overall market poses the main downside risk, while unexpected positive news driving the stock price up rapidly could threaten the bullish call option selling side of the strategy.

According to Coinglass data, if BTC falls below $73,631, the cumulative long liquidation intensity on mainstream CEX will reach $1.66 billion. Conversely, if BTC breaks above $81,231, the cumulative short liquidation intensity on mainstream CEX will reach $1.629 billion.

According to official data, in the 7 days ending October 29, Circle issued approximately 10.9 billion USDC, redeemed about 11.7 billion USDC, and the circulation decreased by approximately 800 million.The total circulation of USDC is 70 billion, with reserves of about 71.4 billion USD, including overnight reverse repurchase agreements of approximately 32.9 billion USD; government bonds with maturities of less than 3 months of about 27.5 billion USD; deposits from systemically important institutions of about 10.4 billion USD; and other bank deposits of about 600 million USD.

According to a report by the Financial Times citing informed sources, Blackstone recently informed investors in a $63 billion chip financing deal for Anthropic that the company may not immediately receive an investment-grade rating after going public, with major rating agencies more likely to assign it a BB range rating, which is speculative grade (commonly referred to as "junk grade").According to the rating systems of S&P and Fitch, BBB- and above are considered investment grade, while BB+ and below are considered speculative grade. If Anthropic ultimately receives a junk grade rating, its financing costs may rise, and the range of funds available to institutions such as insurance companies and pension funds, which are subject to investment-grade investment restrictions, will also narrow.The financing pressure mainly comes from Anthropic's massive computing power expenditure plans. The company previously disclosed plans to invest over $800 billion in computing infrastructure by 2045. Although Anthropic currently holds over $112 billion in cash and cash equivalents and plans to further raise funds through an IPO, the long-term commitments to computing power still raise concerns among investors about its future funding needs and debt capacity.After the report was released, U.S. tech stocks fell further, with the Nasdaq 100 index ultimately down 3.5%. However, Anthropic has not yet received a formal credit rating from S&P, Moody's, or Fitch, and Blackstone's assessment is not an official rating result.

According to Coinglass data, if BTC breaks through 80,936 USD, the cumulative short liquidation intensity on mainstream CEX will reach 1.871 billion USD. Conversely, if BTC falls below 73,336 USD, the cumulative long liquidation intensity on mainstream CEX will reach 1.595 billion USD.

Artificial intelligence inference company Baseten announced the launch of a new round of financing of $2 billion, with a valuation of up to $30 billion. Existing investor Sands Capital is expected to lead this round of financing.Baseten was founded in 2019 and mainly provides AI model deployment and inference platforms for enterprises, helping them run various AI models. In June of this year, Baseten completed a $1.5 billion financing round, with a valuation of $13 billion. Its competitor Fireworks AI completed a $1.5 billion financing round in July this year with a valuation of $17.5 billion. It is reported that NVIDIA invested $150 million in Baseten in January this year, increasing its active layout in the field of artificial intelligence inference.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 8.047 billion USD, with long positions at 3.716 billion USD, accounting for 46.18% of the holdings, and short positions at 4.331 billion USD, accounting for 53.82%. The profit and loss for long positions is 90.9641 million USD, while for short positions it is -68.7405 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a full margin at a price of 2322.73 USD, currently showing an unrealized profit and loss of 7.957 million USD.