Arbitrum moved about $30 MILLION linked to the Binance hack.
The surprising part?
It did NOT need the wallet's private key.
The Security Council temporarily upgraded a core contract to move the funds into a holding address.
How decentralized is blockchain governance?
BREAKING: Over $40M in suspicious crypto transfers!
Brazil's largest crypto exchange, Mercado Bitcoin, has suspended deposits and withdrawals following a security incident.
Another reminder: Not your keys, not your coins?
Binance users moved a net $3.64 BILLION out after withdrawals resumed.
That's about 2.1% of the exchange's reported assets.
Binance says outflows are stabilizing and 95% of affected assets have been replenished.
Is customer confidence returning?
Bitcoin closed October 2026 down approximately 7.3%, ending near $77,400.
It's one of BTC's weakest Octobers in over a decade.
But was the Binance hack responsible? And does a red October mean November will be worse?
We break down the numbers on Blockwisely.
🚨 Binance reports a $6.3 BILLION security breach.
• Around $3B in crypto assets frozen
• Suspected compromised engineer's laptop
• Withdrawals temporarily suspended
• Binance promises to cover losses
Investigation ongoing. What happened?
#Binance #CryptoNews
Two critical PHP vulnerabilities discovered through AI-assisted research could expose unpatched web servers to remote code execution.
Severity: 9.2/10.
Emergency patches are available for PHP 8.2–8.5.
Running WordPress? Check your PHP version.
Standard Chartered just launched Bitcoin and Ethereum trading directly through bank accounts for clients in the UAE.
Africa Blockchain Festival 2026 opens in Nairobi tomorrow.
From Oct. 15–17, regulators, founders, investors and developers will gather at Sarit Expo Centre for discussions on:
Stablecoins. Regulation. AI. Tokenisation. Payments. Startup funding.
Blockwisely readers can get 15% off eligible tickets with code BLKW26.
Enugu Blockchain Week 2026 has been cancelled.
The event was scheduled to run from October 13–17 in Enugu, but organisers say it will now return in 2027.
A detailed reason has not been given, and questions remain around tickets, side events and the updated schedule.
Luno Kenya users currently can’t deposit or withdraw KES.
The exchange says the issue is linked to a third-party payment provider.
🤖 Made with AI
Blockwisely retweeted
Kenya’s crypto industry is approaching an important deadline.
Existing virtual asset service providers have until November 4, 2026 to comply with the country’s new VASP framework.
The deadline could affect exchanges, wallets, brokers, payment processors and other covered businesses.
Blockwisely retweeted
Nairobi is about to get very Web3 🇰🇪
@africablockfest is coming 15–17 October.
Builders. Founders. Investors. Policymakers. Web3 people finally meeting IRL. 😂
And Blockwisely readers get 15% OFF tickets. 🎟️
Are you pulling up?
🔗 Grab your ticket.
africablockchainfestival.com…
🤖 Made with AI
Kenya’s crypto industry is approaching an important deadline.
Existing virtual asset service providers have until November 4, 2026 to comply with the country’s new VASP framework.
The deadline could affect exchanges, wallets, brokers, payment processors and other covered businesses.
Lumepay is entering Kenya, bringing cross-border payment services to local businesses.
The platform says Kenyan SMEs and corporates will be able to:
✅ Send and receive payments across 20+ currencies
✅ Settle payments directly in KES
✅ Access faster payments and transparent FX pricing
✅ Pay suppliers across Africa and beyond
Lumepay claims its FX fees can be up to 40% lower than traditional banking.
Read more 👇
