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Bitcoinist

Mercado Bitcoin Suspends Withdrawals After $40M in Suspcious Transfers

TL;DR Brazil-based Mercado Bitcoin suspended deposits and withdrawals after suspicious transfers affected wallets across at least 10 blockchain networks. Security researchers estimate that more than $40 million in crypto assets moved to new addresses. The exchange says it contained the incident, with no customer harm or data breach reported. Tether froze $4.5 million in USDT […]

BTCUSDT
Bitcoinist

CFTC Opens Regulatory Path for Crypto Markets as US Lawmakers Stall

TL;DR The CFTC is developing a federal framework for certain leveraged and margined retail crypto transactions. The proposal could give eligible crypto exchanges a route to operate under a national regulatory system rather than relying solely on state-level licensing. The agency opened a public consultation on October 5, seeking feedback on proposed rules and a […]

Bitcoinist

Trezor Expands Wallet Security Features Following $100M Coldcard Exploit

TL;DR Trezor expands wallet maximum passphrase length from 50 to 128 characters. The update follows July’s Coldcard vulnerability, which exposed weaknesses in recovery phrase generation and contributed to more than $100 million in reported losses. Strong, unique passphrases helped protect some users whose wallet backups were compromised. The new limit requires updated Trezor Suite software […]

Bitcoinist

Binance Outflows and ETF Selling Weigh In On BTC

TL;DR Bitcoin slipped 0.4% to around $77,900 as investors assessed the fallout from Binance’s $6.3 billion hack as binance outflows pressure BTC’s price. Binance reported $3.64 billion in net outflows during the first nine and a half hours after withdrawals resumed. U.S. spot Bitcoin ETFs recorded $643 million in outflows on Friday, adding to pressure […]

Bitcoinist

Binance Outflows Reached $6.1 Billion After Reopening Withdrawals

TL;DR Binance-linked wallets recorded approximately $6.1 billion in outflows within 24 hours of withdrawals resuming The Binance outflows represented around 3.6% of the exchange’s previously reported $171 billion in assets Binance says withdrawal demand is stabilising and claims to have replenished approximately 95% of the assets affected by the hack Binance Faces Withdrawal Pressure After […]

Bitcoinist

Binance Hack: $6.3 Billion Theft Raises Bitcoin Fears

The Binance hack has renewed concerns about cryptocurrency security after attackers stole approximately $6.3 billion in digital assets from the world’s largest crypto exchange. The October 29 breach is believed to be the biggest cryptocurrency theft ever recorded, surpassing the $1.46 billion Bybit attack in February 2025. Bitcoin and other major cryptocurrencies faced selling pressure […]

Bitcoinist

Ripple XRP Could Lead Bank Payments in 5 Years

Ripple CEO Brad Garlinghouse believes XRP could become a leading technology for institutional cryptocurrency payments within the next five years. Speaking during Ripple Swell 2026 in New York, Garlinghouse outlined a future in which banks and financial institutions increasingly use blockchain networks to transfer money and manage assets. His comments arrive as Ripple expands beyond […]

Bitcoinist

Bitcoin US Elections: Jobs Data Could Shake BTC

Bitcoin US elections are drawing investor attention this week as the cryptocurrency market prepares for major political developments and important employment figures. The November 3 midterm elections and November 6 employment report could influence financial markets, while additional economic releases and Federal Reserve commentary may add to the uncertainty. Bitcoin recently struggled to maintain the […]

Bitcoinist

Crypto Stocks Face a Big Test as Earnings Begin

Crypto stocks are heading into an important week as three major companies prepare to report their third-quarter financial results. Block, Circle, and Riot Platforms will release their earnings on November 3 and 4, giving investors a closer look at how cryptocurrency businesses performed between July and September. Although all three companies operate in the digital […]

Bitcoinist

BTCPay Server Hack Raises Alarm Over Bitcoin Wallet Security

A BTCPay Server hack has raised fresh security concerns after the Bitcoin payment platform received reports of attackers withdrawing funds from merchants’ hot wallets. On November 1, the open-source project issued an emergency warning, asking operators to temporarily shut down their payment servers while its team investigated the incidents. The situation is particularly concerning for […]

Bitcoinist

Bitcoin Price Recovery: $78K in Sight as LIT Surges 18%

TLDR Bitcoin price recovery put $78,000 back in focus on November 1 as the market steadied after last week’s sell-off. Lighter’s LIT token jumped roughly 18%, while modest moves in major cryptocurrencies contrasted with sharp gains and losses among smaller assets. Bitcoin moved closer to $78,000 on Sunday, offering some relief after a difficult week […]

BTCLIT

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