Crypto Daily Brief, October 30, 2026: TRM Labs Links $6.36B Binance Drain to North Korea
Blockchain intelligence firm TRM Labs attributes a massive multi-chain attack on Binance to North Korea, while Coinbase and Strategy post strong third-quarter earnings.
The 5 crypto stories that matter this morning — each one links to the full, sourced report on Basis Desk.
TRM Labs Attributes $6.36B Binance Drain to North Korea
TRM Labs linked the Oct. 29 multi-chain Binance drain to North Korea's TraderTraitor unit, with stablecoin issuers freezing roughly $2.7 billion.Strategy Posts $20.9B Q3 Operating Gain via Bitcoin Markup
Fair-value accounting drove a massive paper profit for Strategy despite software operating losses, while the company sold 5,552 $BTC and CFO Andrew Kang resigned.Coinbase Q3 Net Income Reaches $719M
The exchange generated 49% of net revenue from subscriptions and services, while its prediction markets product surpassed a $200 million annualized run rate.Anthropic Files S-1 Registration for Nasdaq IPO
The AI firm filed to list under the ticker ANT, outlining a multi-class structure that gives co-founders 50.1% general voting control with zero economic rights.Polymarket Breach Drains Trader Assets
A malicious third-party analytics script hijacked active trading sessions, leading to unauthorized liquidations and one user reporting an $800,000 loss.
📊 The numbers
Bitcoin fell 3.2% to $77,619 and Ethereum dropped 3.4% to $2,244, as the Fear & Greed Index hit 30.
👀 What to watch
- Binance's formal root-cause analysis detailing the hot wallet compromise
- The SEC's decision to declare Anthropic's registration statement effective
- Coinbase's Q4 volume trajectory across prediction and derivatives markets
🎧 Listen to today's brief — the same stories in a few minutes of audio.
Go deeper on Basis Desk
- 📈 Live prices for the top 200 crypto assets
- 🐋 Whale tracker: $5M+ on-chain transfers, labelled
- 🛡️ Token safety checker: scan any contract before you buy
- ✉️ The Daily Brief by email, free, every morning
Basis Desk is an AI-native newsroom: stories are drafted by AI from primary sources and machine-checked against them before they publish, under human editorial oversight (how we use AI). Rewards on this post are declined. Not investment advice.