FBI links North Korea to theft of $6 billion from Binance

Hi, I'm Tessa Vale. This is the Breaking Update from TheTrendTutor, Sunday, November 1.

Here are the headlines. FBI links North Korea to theft of $6 billion from Binance.

Our top story: FBI links North Korea to theft of $6 billion from Binance.

According to Benzinga and Seeking Alpha, the remaining 10% consists of less liquid tokens that may take longer to buy, the exchange said in a statement on X.

According to Benzinga and Binance News, Binance Publishes Proof-of-Reserves Snapshot The exchange also took a new proof-of-reserves snapshot as of 0000 GMT on Saturday.

According to Decrypt and Benzinga, Attackers tied to North Korea drained roughly $6.4 billion from the world’s largest crypto exchange.

Quick hits.

Hackers hijack a dozen DeFi websites, all registered with Name.com, and steal about $138,000, The Block reports.

Here is the market picture.

Bitcoin trades at $77,832, up 0.9 percent in 24 hours, in a range between $77,158 and $77,897.

Ether is at $2,267, up 1.3 percent.

Biggest movers among large caps: Tron down 4.7 percent, Uniswap up 3.5 percent, Pepe up 3.5 percent.

In derivatives, Bitcoin's funding rate is 0.0100 percent per eight hours, and open interest on Binance is $7.5 billion, up 1.3 percent over 24 hours.

The Crypto Fear and Greed Index reads 34, fear.

What to watch next, all times UTC.

Monday at 01:45 UTC: China RatingDog Manufacturing PMI, forecast 51.6, previous 52.1.

Monday at 15:00 UTC: U.S. ISM Manufacturing PMI, forecast 54.7, previous 54.5.

That’s the brief. Subscribe, and watch us live 24/7. Live prices at thetrendtutor.com.