Chainalysis reports that those behind the $6.4 billion Binance hack are moving stolen funds through Tron-based decentralized finance (DeFi) protocols. They swap TRX tokens for stablecoins on Tron and then deposit these into DeFi platforms to avoid freezes imposed by centralized stablecoin issuers. This activity highlights vulnerabilities where decentralized protocols intersect with centralized controls, raising concerns about stablecoin security and the use of DeFi for laundering illicit funds. Chainalysis is monitoring these movements in real time, emphasizing the ongoing risks in the DeFi ecosystem linked to major crypto thefts.
TRX (TRON) shows a market cap of Rp544,55 trillion and a 24-hour trading volume of Rp16,91 trillion on Pluang as of Oct 31, 2026 22:31 WIB, with its price down 4.77% for the day. Meanwhile, BNB (Binance Coin) holds a market cap of Rp1.675,91 trillion and a 24-hour volume of Rp24,37 trillion, with a modest 0.54% price increase. This data provides context to the Chainalysis report on Binance hack exploiters using Tron DeFi protocols, highlighting active trading and significant liquidity in these tokens on Pluang at the time noted.
On October 31, Binance's SAFU wallet transferred 7,500 Bitcoin in three transactions, coinciding with the exchange's announcement that it had replenished about 90% of assets affected by a recent security incident, up from 80%. The wallet still held 7...
Following a $6.3 billion hack at Binance, a trading expert warns Bitcoin could fall to $68,000 if it loses its daily 100-day moving average support. Bitcoin is currently trading below its 50-day moving average, indicating short-term bearish pressure,...
A significant transfer of 7,499 Bitcoin, valued at approximately $581 million, was made from Binance's SAFU fund to an unknown wallet. This movement is notable due to the large amount and the unknown recipient, raising questions about the purpose and...
TRON's native token TRX fell about 6% to near $0.32 following a major Binance hack where $628 million moved through the TRON network, mostly in stablecoins. The hack caused unusual on-chain activity and a reversal of TRX's recent rally, raising conce...
On October 30, investors withdrew $643.33 million from US spot Bitcoin ETFs, breaking a four-day inflow streak. This outflow followed a massive $6.3 billion hack on Binance, the largest cryptocurrency exchange, which occurred a day earlier. BlackRock...
