Decrypt

The Morning Minute (10.30) ⏰Top News: -Crypto majors rebound fall 1-2% alongside stocks; BTC at $80k -Binance hacked for $6.3B by NK, roughly half frozen; Binance to cover losses out of SAFU fund -AAVE forced to freeze v3 and v4 markets on Ethereum after attacker used them -Polymarket paused trading after front-end extension hacked, leading to user losses -HYPE soars after NYSE partnership, Druckenmiller and Elon touts 🌎 Macro Crypto and Markets -Crypto majors are red in the Binance hack aftermath; BTC -3.5% at $77.3k; ETH -4% at $2,230; SOL -4% at $96; HYPE +6% at $92; ZEC -2% at $1,250 -Top alt movers include PEPE (+6%), SKY (+5%) and ZRO (+4%) -Oil +2% at $104; Gold -1.2% at $3,980 -Stock futures are red after Amazon fell 12% post-earnings; DOW flat, Nasdaq -2.6% -Aave froze every DAO-operated V3 and V4 market (292 reserves across 16 networks) after a wallet tied to the Binance exploiter deposited $60 million in USDT and borrowed 19,762 WETH worth about $44.6 million in a three-minute window -Coinbase posted $719 million in Q3 profit against analyst expectations of a 15-cent loss, though about $715 million of it came from gains on crypto the company holds -Walmart, Eli Lilly, Cigna, Carnival and Arcos Dorados blocked tokenized versions of their shares on the OKX-ICE venue, taking the count to 38 in two weeks -Crypto groups have spent about $176 million across more than 100 midterm races, with Fairshake and its affiliates accounting for $150.8 million through October 20 -Roughly $11 billion in Bitcoin options expire on Deribit Friday, about 135,000 BTC and a third of open interest, with max pain at $78,000 against a market near $81,500 and calls outnumbering puts nearly two to one -Trezor told anyone who bought one of its wallets from reseller CryptoBilis since March to move their funds immediately, after a customer in Indonesia reported finding an extra circuit board inside a Safe 5 with a cellular module that reads whatever the screen displays Corporate Treasuries & ETFs -The Bitcoin ETFs saw $17M in net inflows on Thursday; the ETH ETFs saw $105M in net outflows -Strategy reported $19.53 billion in Q3 net income, nearly all of it a $20.91 billion paper gain on Bitcoin Meme Coin Tracker -Meme leaders were mostly red; DOGE -4%, SHIB -3%, PEPE +6%, PENGU -7%, TRUMP -8%, SPX -10%, Bonk -3% -Robinhood chain leaders were red; Pons -15% to $160M; Cashcat -10% at $90M; AI -12% at $63M; Index +50% led top movers -Solana top movers included Hyperchan +40x, Purr +50%, and GTA6 +25%; Stonk -8% to $105M 💰 Token, Airdrop & Protocol Tracker -Hyperliquid led onchain protocols in revenue on the day with $4.87M amidst the liquidations; Papertrade was next with $2.34M, Uniswap with $1.7M and Pump with $1.69M -Polymarket paused trading after users reported funds leaving their accounts -Polygon brought its Open Money Stack to Solana 🚚 What is happening in NFTs? -NFT leaders were mixed; Punks +2% at 29.9 ETH, BAYC -1% at 6.2 ETH, Pudgy -1% at 2.5 ETH -Minds dot Games (+12%) and OTC Desks (+12%) led top movers