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
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
Income angle
Sister projectModel 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.
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.
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.
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.
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.
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.