Author: WebDesk

Update (October 29, around 21:00 UTC): The drain is much bigger than first reported. According to a tally shared by WazzCrypto on X, at least $5.57 billion left Binance hot wallets across Ethereum, Bitcoin and Tron. Tether froze 975.1 million USDT and Circle froze 823 million USDC, about $1.8 billion in total. Tether also blacklisted three relay wallets, but the USDT had already moved on.Update (October 29, evening UTC): Binance founder CZ says it looks like a hack and that user funds are safe. He no longer manages Binance, but as a shareholder he expects all user funds to be…

Polymarket halted trading on October 29 after users reported funds leaving their accounts. Shortly after, the team confirmed that attackers compromised one of its third-party providers on Polymarket.com, its international platform. Polymarket promises to make everyone impacted whole and has referred the case to law enforcement.That’s the short answer. However, a lot is still unclear. Here’s what we know, what we don’t, and what I’d do right now as a Polymarket user.What Happened on Polymarket TodayThe first warnings came from Polymarket’s own community. Around 17:48 UTC, users in the Polymarket Discord said the frontend looked compromised. Money was moving out…

Stan Druckenmiller is an American billionaire investor, the former lead portfolio manager of George Soros’s Quantum Fund, and the trader behind the 1992 bet that broke the Bank of England. For three decades his firm, Duquesne Capital, averaged around 30% a year without a losing year. On October 29, 2026, he posted on X for the first time ever to say he is an investor in Trade.xyz, the team bringing Hyperliquid perps to the United States with ICE.That tweet is trending for a reason. Wall Street’s most respected macro trader barely gives interviews, let alone posts online. This profile covers…

The LIBRA case ruling adds another frustrating headline to an already hectic week in crypto. Between the October Fed meeting, the Coinbase customer data leak through Amplitude and the FOMO vs. Pump.fun meme war, there has barely been time to look away. And of course, we’re here for all of it. Punting trades, watching what happens and figuring out the next move.The most urgent stories get their own blogs because they can affect positions we’re holding. Potentially yours, too. The ICE and Hyperliquid news is a good example. That HYPE trade is now fully closed at $94 for a 260%…

HYPE ripped almost 9% this morning, from around $78.5 to $88 in a single hourly candle. The trigger was big. ICE, the owner of the New York Stock Exchange, is taking a stake in Trade.xyz. Together, they plan a US-regulated perpetual futures market built on Hyperliquid.I’ve been keeping you up to date on my HYPE trade for days now. Today it hit its third target, and the stop still sits at entry. Below, I break down the ICE deal, a packed week of Hyperliquid news, today’s macro data and the chart. After that, you get my exact plan for the…

Resistance Dog is a hooded dog that Pavel Durov drew himself. It became Telegram’s unofficial mascot during the 2018 fight with Russian censors, then a TON meme coin in 2024, and finally a Telegram collectible gift in 2025. That gift is now the number one NFT collection in the world by 30-day volume, ahead of CryptoPunks and Pudgy Penguins.This post covers all three lives of the dog: the drawing, the coin and the gift. If you already know the story and just want to buy one, skip to our guide on how to buy TON NFTs.The Drawing: Durov’s Digital ResistanceThe…

A potential airdrop is a token distribution that farmers expect but the project has not confirmed. The project has no token yet, and nothing is promised. People use the product anyway, hoping that early activity gets rewarded later.I have farmed potential airdrops for years. Most paid nothing, and a few paid for all the rest. That mix of patience and uncertainty defines the category. You will find the short definition in our crypto airdrop glossary, and the full playbook here.Potential vs Confirmed vs RetroactiveThese three labels describe stages, not different airdrops.A potential airdrop is a guess. The signs point toward…

A burner wallet is a crypto wallet you use for risky actions and nothing else. It holds only the small amount you need for one task. If a scam site drains it, you lose pocket change instead of your savings.Think of it as the cash you carry to a street market. Your bank card stays at home. This guide shows how to set one up in two minutes, and where its protection stops.Why Use a Burner Wallet?Every time you connect a wallet to a new site, you take a risk. One bad signature can hand over every token in that…

The Fed held rates at 3.75% to 4.00% today, as expected. The vote, however, was split 10-2. Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, as both wanted a quarter-point hike right away. Afterward, Chair Kevin Warsh said the Fed’s “monetary medicine” is starting to work, while insisting that 2% remains the target.This morning I laid out the setup in the FOMC October 28 preview. Here is what the Fed decided, what Warsh said, and how crypto reacted.What the Fed DecidedThe committee voted 10-2 to leave the federal funds range unchanged. In its statement, the Fed said uncertainty…

Coinbase customer data leaked again, but this time through a vendor. On Tuesday evening, Coinbase confirmed that a security incident at Amplitude, its analytics provider, exposed contact data for a small subset of its customers. Coinbase says its own systems were not breached and no funds were affected. SlowMist’s security chief puts the number of affected users above 70,000, a figure Coinbase has not confirmed.Here is what leaked, what didn’t, and how to protect yourself from the phishing wave that usually follows.What Happened at CoinbaseRumors hit X first. On Tuesday, accounts started posting that hackers had stolen contact details for…