The Binance hack dominated the hour. It is a $6.3 billion theft that one outlet calls the biggest crypto heist in history, and its effects are still spreading through the market 1,2. Binance is reopening withdrawals in phases and says 90% of affected user assets are now backed 1. USDT, USDC, ETH and BNB withdrawals are live on Ethereum and BNB Smart Chain, while other networks still await clearance 3. The stolen funds are moving. 485,270 SOL worth $46 million went to an unidentified wallet 4, as did about 120 million TRX worth roughly $38.26 million 5. Tron fell about 7% to $0.308 on fears the hacker would sell TRX bought with stolen stablecoins 6. Elliptic has published a public blocklist of the exploit addresses 7. The damage reached DeFi. Morpho borrow rates hit roughly 40% after the Oct. 29 hack as liquidity in Pendle-linked PT markets dried up 8. Aave lifted a precautionary freeze on its V3 and V4 markets that followed the breach 9. Origin restored OGN liquidity it had pulled to limit the attacker's sales 10. CertiK now puts October exploit and phishing losses at about $6.5 billion, lifting the 2026 total to roughly $9.2 billion 11. Two separate disruptions are worth keeping apart from the hack: Aave froze its tBTC reserve after Threshold paused minting and redemptions 12, and THORChain swaps remain paused on 12 of 13 external chains after a refund error 13. The broader macro backdrop is also soft. Global markets enter November weighed by doubts over AI investment returns and by inflation worries 14. Gold and Bitcoin are the year's worst major assets, a pattern unprecedented in records back to 2011 15. A Reuters poll shows 31 of 50 economies with 2027 inflation forecasts revised upward 16. Banks are owed $349 billion by private credit funds that may book interest without collecting cash 17. On the war, Ukraine's General Staff puts Russia's October losses at 54,400 soldiers, its worst month of the full-scale invasion 18. Romania scrambled four F-16s after two drones entered its airspace 19. Fire Point confirmed a strike on the Kstovo refinery 20, and Russia is testing wheat exports via Murmansk because of Black Sea port disruptions 21. Elsewhere:
- Trump said the U.S. still has targets in Iran to deal with 22.
- A federal judge permanently dismissed his defamation suit against the Wall Street Journal 23.
- France's gigabyte tax cleared the National Assembly 11–10 24.
- Germany saw more than 200 arrests in Gen Z protests 25.
- London police arrested 139 protesters against the Palestine Action ban .
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