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Evening Wrap ยท October 31, 2026

Evening Wrap: Binance Restores 90% of Lost Capital Following Exploits

Binance confirms progress replacing stolen funds as it targets a Nov. 1 restart, while Rep. Maxine Waters calls for increased federal crypto oversight.

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October 31, 2026basisdesk.news
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Story 1 of 5

Binance Replenishes 90% of Stolen Assets, Targets Nov. 1 Operations Restart

Binance has replenished 90% of stolen assets, targeting a Nov. 1 service restart and scheduling a complete cryptographic proof of reserves for Nov. 3.

October 31, 2026basisdesk.news
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Story 2 of 5

Rep. Maxine Waters Demands Crypto Accountability Following $6.3B Binance Hack

Rep. Maxine Waters is calling for tougher crypto oversight after Binance lost an estimated $6.3 billion, criticizing the dismissal of SEC fraud charges against the exchange.

October 31, 2026basisdesk.news
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Story 3 of 5

Binance Transfers 7,499 BTC to Replenish SAFU Following Security Breach

Binance confirmed moving 7,499 BTC into its SAFU wallet to cover 90% of lost capital, pledging to rebuild the emergency fund to approximately $1 billion.

October 31, 2026basisdesk.news
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Story 4 of 5

Datavault AI Plunges 50% as Exchange Withdrawal Issue Halts Access to Bitcoin

Datavault AI shares dropped 49.55% after the firm announced it could not withdraw Bitcoin from Biconomy since June, forcing a $92.2 million cut in reported 2025 assets.

October 31, 2026basisdesk.news
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Story 5 of 5

Aave Freezes tBTC Reserve Following Threshold Minting and Redemption Pause

Aave froze its tBTC reserve on its Ethereum Core market, which holds approximately $136.5 million in deposits, after Threshold suspended minting and redemptions.

October 31, 2026basisdesk.news
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The numbers

Bitcoin is trading at $77,407 (+0.8%), with total market capitalization at $2.61T and ETH gas at 0 gwei.

October 31, 2026basisdesk.news
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What to watch

  • The Nov. 1 resumption of Binance operations and the delivery of full cryptographic reserve attestations on Nov. 3.
  • Any response from Biconomy regarding Datavault AI's withdrawal request.
October 31, 2026basisdesk.news
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October 31, 2026basisdesk.news
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