Crypto market report — 3 November 2026

North Korea Is Laundering Binance Hack Loot at One New Wallet Every 25 Seconds

A massive exploit of Binance has resulted in billions of dollars in stolen crypto being rapidly laundered, though swift action by stablecoin issuers helped freeze a significant portion of the funds.

Mercado Bitcoin wallets keep moving funds after $46M hack

A major security breach at Mercado Bitcoin highlights ongoing risks associated with centralized exchange hot wallets and multi-chain fund movements, potentially shaking user trust.

AI poses greater threat to Bitcoin than quantum computing, Swan founder says

Hackers leveraging artificial intelligence represent a more immediate cybersecurity challenge for digital asset platforms than theoretical quantum computing threats, highlighting the need for stronger operational security.

Coinbase hit with 50% price target cut as post-earnings rout deepens

A major investment bank lowering its target for Coinbase highlights ongoing revenue pressures and cautious sentiment surrounding crypto-linked equities.

Tom Lee Calls Bottom on AI Stock Selloff, Citing Tight Supply and Crypto Resilience

Analyst commentary suggests that recent severe selloffs in both tech and crypto markets could be exhausting seller momentum, though caution is still warranted.

DTCC’s tokenization launch could accelerate adoption and boost Securitize, StoneX says

Traditional financial infrastructure supporting tokenization could help bridge legacy markets with digital assets, though broader impacts remain to be seen.

Nvidia, Nike Join 50 Companies Blocking OKX–ICE Stock Token Push

Many major public companies are choosing to opt out of third-party stock tokenization initiatives, highlighting a cautious approach by corporate issuers toward new blockchain trading venues.

Crypto investigators flag suspected $106M theft, $786K Solana bot drain

Recent reports of substantial unauthorized fund transfers highlight ongoing security risks for both centralized exchange accounts and automated trading tools on public blockchains.

Mystery $106 Million Crypto Theft Hits EU Entity Days After Binance Hack

A major exploit involving an unnamed EU entity highlights ongoing security vulnerabilities in centralized crypto accounts and the challenges of tracking illicit fund movements.

Mercado Bitcoin, Brazil’s largest crypto exchange, hit by $46 million security breach

A major security breach at a prominent exchange could temporarily shake confidence in regional platforms and highlight the importance of self-custody.