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Morning edition · October 30, 2026

TRM Labs Links $6.36B Binance Drain to North Korea

Blockchain intelligence firm TRM Labs attributes a massive multi-chain attack on Binance to North Korea, while Coinbase and Strategy post strong third-quarter earnings.

  1. 1

    TRM Labs Attributes $6.36B Binance Drain to North Korea

    TRM Labs linked the Oct. 29 multi-chain Binance drain to North Korea's TraderTraitor unit, with stablecoin issuers freezing roughly $2.7 billion.

  2. 2

    Strategy Posts $20.9B Q3 Operating Gain via Bitcoin Markup

    Fair-value accounting drove a massive paper profit for Strategy despite software operating losses, while the company sold 5,552 $BTC and CFO Andrew Kang resigned.

  3. 3

    Coinbase Q3 Net Income Reaches $719M

    The exchange generated 49% of net revenue from subscriptions and services, while its prediction markets product surpassed a $200 million annualized run rate.

  4. 4

    Anthropic Files S-1 Registration for Nasdaq IPO

    The AI firm filed to list under the ticker ANT, outlining a multi-class structure that gives co-founders 50.1% general voting control with zero economic rights.

  5. 5

    Polymarket Breach Drains Trader Assets

    A malicious third-party analytics script hijacked active trading sessions, leading to unauthorized liquidations and one user reporting an $800,000 loss.

Numbers

Bitcoin fell 3.2% to $77,619 and Ethereum dropped 3.4% to $2,244, as the Fear & Greed Index hit 30.

Watch

Binance's formal root-cause analysis detailing the hot wallet compromise · The SEC's decision to declare Anthropic's registration statement effective · Coinbase's Q4 volume trajectory across prediction and derivatives markets

Income angle

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Model the payouts from STRC with a free calculator on DividendFlow, our sister site for income investors.

dividendflow.org · Not financial advice.

Full text

Blockchain intelligence firm TRM Labs attributes a massive multi-chain attack on Binance to North Korea, while Coinbase and Strategy post strong third-quarter earnings.

  1. TRM Labs Attributes $6.36B Binance Drain to North Korea TRM Labs linked the Oct. 29 multi-chain Binance drain to North Korea's TraderTraitor unit, with stablecoin issuers freezing roughly $2.7 billion.

  2. Strategy Posts $20.9B Q3 Operating Gain via Bitcoin Markup Fair-value accounting drove a massive paper profit for Strategy despite software operating losses, while the company sold 5,552 $BTC and CFO Andrew Kang resigned.

  3. Coinbase Q3 Net Income Reaches $719M The exchange generated 49% of net revenue from subscriptions and services, while its prediction markets product surpassed a $200 million annualized run rate.

  4. Anthropic Files S-1 Registration for Nasdaq IPO The AI firm filed to list under the ticker ANT, outlining a multi-class structure that gives co-founders 50.1% general voting control with zero economic rights.

  5. Polymarket Breach Drains Trader Assets A malicious third-party analytics script hijacked active trading sessions, leading to unauthorized liquidations and one user reporting an $800,000 loss.

Numbers Bitcoin fell 3.2% to $77,619 and Ethereum dropped 3.4% to $2,244, as the Fear & Greed Index hit 30.

Watch

  • Binance's formal root-cause analysis detailing the hot wallet compromise
  • The SEC's decision to declare Anthropic's registration statement effective
  • Coinbase's Q4 volume trajectory across prediction and derivatives markets

Basis Desk Newsroom · AI-generated, source-verified. Built only from stories already verified and published on Basis Desk; market figures as of publication. Not financial advice.