Relay Protocol saw North Korean hackers transfer about $38 million in seven hours, with transfers still ongoing. The bridge’s KYT monitoring did not stop the activity. Specter compared the speed to THORChain, noting the hackers would have struggled there.
Key points
Transfer amount: approximately $38 million moved through Relay Protocol.
Timeframe: the transfers occurred within seven hours.
KYT system: Relay’s Know Your Transaction monitoring failed to block the transfers.
Sources
Binance theft $6 billion blamed on North Korea
Binance theft $6 billion blamed on North Korea, according to FBI information. The FBI says the theft occurred on or about October 29 2026.
Key points
FBI releases information linking North Korea to theft of more than $6 billion USD in virtual assets from Binance.
The theft is dated on or about October 29 2026.
Sources
Binance replenishes 90% of assets withdrawals Nov 1
Binance reports 90% of stolen assets have been replenished and plans to restart withdrawals on Sunday, Nov. 1. The remaining 10% are less liquid tokens that require more time to acquire.
Key points
Replenishment: 90% of the stolen assets have been replenished
Remaining assets: 10% consist of less liquid tokens that take more time to acquire to minimize market impact
Withdrawal timeline: withdrawals will resume on Sunday (Nov. 1)
Sources
U.S. Spot Ethereum ETFs record 23-day net outflow streak
U.S. Spot Ethereum ETFs have logged 23 consecutive trading days of net outflows, the longest streak since launch. Glassnode attributes the withdrawals to weakening demand from traditional finance investors after heavy ETH accumulation in August and September.
Key points
Streak: 23 consecutive trading days of net outflows
Record: longest outflow streak since launch
Sources
Chia partners with Brale, launches on Brale
Chia announced a partnership with Brale to bring regulated stablecoin issuance and money movement to its network. The network is now live on Brale.
Key points
Partnership: Chia partnered with Brale for regulated stablecoin issuance and money movement.
Launch: Chia is now live on Brale.
