FBI Blames North Korea for Binance Hack
The FBI said North Korea was responsible for the theft of more than $6 billion in virtual assets from Binance on or about October 29, 2026, the largest cryptocurrency heist on record.
The FBI said North Korea was responsible for the theft of more than $6 billion in virtual assets from Binance on or about October 29, 2026, the largest cryptocurrency heist on record.
CFTC Chairman Michael Selig said on October 30, 2026, that the Binance hack proved his agency's point about the need for crypto market regulations proposed earlier in October.
Around 40 of an expected 150 to 200 crypto firms applied to continue operating as virtual asset service providers in Brazil before the Central Bank's October 30, 2026 deadline.
Moscow Exchange confirmed plans to begin trading Bitcoin, Ethereum and USDT on December 1, 2026, using its existing stock market infrastructure.
US Attorney Jeanine Ferris Pirro said on October 27, 2026, that more than $1 billion in cryptocurrency tied to fraud and scams had been restrained as the Justice Department's Scam Center Strike Force expanded beyond Southeast Asia.
Alexander Block, an Israeli-Russian citizen accused of stealing $2.8 million through the Nomad blockchain bridge, was extradited to the United States on October 29, 2026, after Israel's Supreme Court rejected his appeals.
U.S. Senator Cynthia Lummis said the CLARITY Act would establish a pilot allowing crypto firms to share intelligence with federal law enforcement to help curb transfers of stolen funds.
The SEC opened a request for comment on June 30, 2026, asking whether its rules for 'novel' ETFs, a category that includes crypto products, remain adequate as funds move beyond bitcoin and ether.
The Crypto Council for Innovation published a 238-page report on October 29, 2026, proposing a framework for assessing crypto vault structures under existing U.S. securities laws, with backing from Bitwise, Galaxy Digital and Morpho.
Anchorpoint, a consortium licensed by the Hong Kong Monetary Authority to issue Hong Kong dollar-backed stablecoins, entered a strategic collaboration with the Solana Foundation to support native minting and redemption of its HKDAP stablecoin on Solana.
SEC Chair Paul S. Atkins told the Economic Club of Dallas on 30 October 2026 that most crypto assets are not themselves securities, citing Project Crypto and a joint SEC-CFTC interpretation.
A Central Committee resolution released by Xinhua on 1 November 2026 orders anti-corruption investigators to combat graft routed through virtual currency, blockchain, cross-border capital and the internet.
The Bharat Web3 Association has established an independent Self-Regulatory Body for India's virtual digital asset sector, chaired by former consumer affairs secretary Rohit Kumar Singh.
Binance resumed withdrawals of Bitcoin, Ether and other cryptocurrencies on 1 November 2026 after covering 95% of the $6.3 billion stolen from its platform.
Binance processed $4.65 billion in withdrawals and $1.01 billion in deposits between 0600 and 1530 UTC on 1 November 2026, a net outflow of about $3.64 billion after reopening from a record hack.
India's Reserve Bank of India and Financial Intelligence Unit are reviewing offshore crypto card programmes that let Indian residents pay local merchants with stablecoins, after several users' card access was blocked in early November 2026.
Intercontinental Exchange, the parent of the New York Stock Exchange, has invested in Trade.xyz to develop a regulated perpetual futures market that would use Hyperliquid's blockchain trading infrastructure, subject to CFTC approval.
Chainalysis said on 30 October 2026 that it observed never-seen-before laundering patterns, including thousands of automated transfers, after a Binance theft it estimated at $6.4 billion and linked to North Korean hackers.