Two clusters dominated the hour. The first is the aftermath of the $6.3 billion Binance heist, with the exchange back online and seeing outflows stabilise 1. It ran a phased restoration of withdrawals: BTC after a security review 2, SOL 3, ZEC 4, and the Arbitrum and TRX networks 5. A 200 million USDT transfer to an unknown wallet drew attention 6. A separate infrastructure failure fed into the theft story. A one-block Ethereum reorg made THORChain pay out 10 ETH that a vault never received, and its solvency checker then halted trading on 10 chains 7. Chainalysis says that halt may have slowed funds stolen from Binance 8. Separately, BtcpayServer urged operators to shut down their instances over reports of hot wallets being drained 9. The second cluster is the U.S. midterms, now days away. Rep. Haley Stevens, who lost the August Senate primary to Abdul El-Sayed 10, revoked her endorsement of him just before Election Day and backed Republican Mike Rogers 11. Reps. Lateefah Simon and Marc Veasey are among House Democrats pushing to strip her of caucus membership 10. Gavin Newsom called the move 'sub-optimal' 12, and some Michigan Jewish Democrats have disavowed her 13. Trump is campaigning in Dubuque, Iowa, where polls show a toss-up in a reliably red state 14. European allies fear that a Republican loss could lead Trump to escalate attacks on NATO, including a deeper troop pullback. U.S. law currently sets a minimum of 76,000 troops in Europe, and a force review is expected by December 15. Connecticut Senator Chris Murphy was hospitalized after a stroke and is reported awake and responding well to treatment
. In Asia, China's manufacturing readings diverged. One private survey showed expansion slowing for the first time since July on weaker export orders 16, while another described steady October expansion with exporters reporting higher sales 17. The PBOC made daily overnight reverse repos its main policy anchor 18. Chinese stocks rebounded from their worst sell-off in 10 years on speculation of state support 19. Australian capital-city home prices fell 1.4% in October and sit 8.1% below their March peak, with the RBA expected to lift its cash rate to 4.85% on Tuesday 20. On security, Ukraine says its air alert app was likely compromised after false radiation warnings in Kyiv, while Russia says its own emergency app was hit 21. Washington is backing resumed Russian gas flows to Europe via Ukraine as a path to an energy truce 22. The Quad announced measures to secure critical minerals and advanced chips 23. Western Australia's police said a facial recognition trial scanned 1,380,882 faces and led to 122 arrests 24.
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