Ripple issued 110.6 million RLUSD, a U.S. dollar-backed stablecoin on the XRP Ledger, about seven hours before Binance's scheduled second phase of withdrawal expansions. This transaction occurred on Nov. 2, just before Binance planned to reopen withdrawals for certain assets including RLUSD on Ethereum and XRP networks. Binance stated it would absorb losses from stolen funds and restore withdrawal access gradually, ensuring users are not financially impacted. This move is part of Binance's phased approach to resuming withdrawals after a security incident.
While Ripple has minted 110.6 million RLUSD ahead of Binance's withdrawal phase, Binance Coin (BNB) is trading at Rp12.695.414 on Pluang as of Nov 03, 2026 19:32 WIB, showing a 0.90% decline over one day. This contrasts with the stable nature of RLUSD as a dollar-backed coin, whereas BNB's market cap stands at Rp1.663,44 trillion with a 24-hour volume of Rp23,56 trillion, reflecting active trading and some volatility. On Pluang, 67% of BNB orders are buys, indicating investor interest despite the recent dip.
Following the October 29 Binance hack, Ethereum's supply on exchanges dropped from 3.56% to 3.20%, indicating a significant outflow of around 297,000 ETH. However, this decline appears to reflect a liquidity shift rather than panic selling, as some E...
During Binance's withdrawal halt following a $6.3 billion hot wallet hack, rival exchanges Bybit and Bitget experienced sharp increases in stablecoin deposits. From Oct. 29 to Oct. 31, Bybit saw a 142% rise in distinct Ethereum stablecoin deposit add...
Ripple issued 110.57 million RLUSD stablecoins on the XRP Ledger just before Binance resumed XRP and RLUSD withdrawals following its $6.3 billion hack. RLUSD's market cap is about $2.56 billion, with a third of tokens on XRP Ledger and the rest mostl...
An unknown wallet transferred 7,499 Bitcoin (BTC) worth $575.1 million to Binance early on Nov. 3, marking the largest of five major cryptocurrency transfers totaling $1.10 billion within three hours. Other significant moves included large transfers ...
Following a major hack at Binance, Bitcoin's price has shown little immediate reaction, which expert Tim Grant finds concerning. He warns that the market may not have fully absorbed the damage yet, and the true effects could emerge over the next two ...
