Crypto · in simple words

Crypto News

The big stories from Bitcoin, Ethereum and the wider crypto market in simple English: regulation, hacks and security, ETFs and major changes. Every story has two parts: what happened, and what it means. For learning only, not investment advice.

Today

Crypto12:05 pm

Binance says 90% of stolen crypto now replenished

Binance published its "Recovery Update #3" on Saturday, 31 Oct, at about 7:54 PM (IST). According to the exchange's own statement: • 90% of the assets stolen in this week's $6.3 billion hack have now been covered; in the previous update (30 Oct) it was about 80% • 10 tokens — BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC — are said to be 100% backed • The remaining 10% are less liquid tokens, which are being bought through the market and OTC deals • The money comes from three places: part of the SAFU fund, part of the Futures insurance fund and Binance's own corporate treasury • A new Proof of Reserves snapshot was taken at 00:00 UTC on 31 Oct; the full zero-knowledge proof is expected by Tuesday, 3 Nov (UTC) • Withdrawals are still paused. Binance says it is on track to reopen them on Sunday, 1 Nov, and will share details once they are confirmed. These figures are Binance's own and have not yet been confirmed by an independent auditor. According to CoinGecko, Bitcoin was around $77,500 at about 9:30 PM (IST), roughly flat over 24 hours.

Read full + what it means →

Yesterday

Crypto30 Oct, 10:35 pm

Crypto weekend: Bitcoin around $77,400, down about 4% for the week (31 Oct 2026)

Forex and gold markets remain closed on weekends, but crypto runs 24×7. According to CoinGecko data, Saturday 31 Oct around 8 AM (IST): • Bitcoin around $77,398; roughly flat over the past 24 hours (+0.2%), down about 4.0% over 7 days and about 7.4% over 30 days • Ethereum around $2,243; down about 5.5% over 7 days and about 16.5% over 30 days • Solana around $96.7; down about 5.4% over 7 days and about 18% over 30 days • Total crypto market value around $2.63 trillion, with Bitcoin's share at about 59% The Crypto Fear & Greed Index (alternative.me) stands at 30, meaning "Fear"; on 29 Oct it was 51 (Neutral). This week, a $6.3 billion hack occurred on Binance, and Friday also saw heavy selling in US tech shares.

Read full + what it means →

Crypto30 Oct, 3:03 am

Binance hack: $6.3 billion stolen, about $3 billion frozen

According to Reuters (30 Oct 2026), hackers stole $6.3 billion from Binance. Analysts are calling it the biggest hack in crypto history. Binance said it worked with partners to freeze the affected assets and that about $3 billion has been located so far. Binance did not give the status of the remaining roughly $3.3 billion. According to blockchain analysis firms TRM Labs and Chainalysis, the hackers were linked to North Korea (this is the firms' assessment, not an official confirmation). TRM said Binance wallets on 10 blockchains were targeted and most of the funds were moved in about 20 minutes. Co-founder Yi He said the exchange would cover "all hacking losses", and Binance expects to resume withdrawals within the next 48 hours. Deposits were not affected.

Read full + what it means →

29 Oct 2026

Crypto29 Oct, 10:34 pm

Crypto market falls after Binance hack: Bitcoin near $77,000

30 Oct 2026 morning (around 8 AM IST) according to CoinGecko data, Bitcoin was at around $77,151, down approximately 3.3% in 24 hours. Ethereum was at around $2,211 (down approximately 3.8%) and Binance's own token BNB was at around $713 (down approximately 4.3%). This drop came after news of a major hack on Binance on 29 Oct (full story in our previous post). There are varying estimates of how much money was lost, and no final figure has been confirmed yet.

Read full + what it means →

Crypto29 Oct, 9:28 pm

Binance hack: withdrawals paused, reports of billions drained

On 29 Oct 2026 Binance confirmed a security incident and temporarily paused withdrawals on multiple networks. Binance says user funds are safe. Founder CZ said it appeared Binance had been hacked and that he expects user funds to be fully covered. Crypto watchers estimate at least $2B was drained from hot wallets; some estimates go as high as $5.7B (these are unconfirmed, and the incident may still be ongoing). According to reports, Tether froze about $1.56B and Circle about $800M of linked funds. If losses in the billions are confirmed, it would be among the largest crypto hacks ever (the 2025 Bybit hack was $1.4B).

Read full + what it means →