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Joined April 2013
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▶️ Back on demand: the final day of CoinDesk live from Meridian 2026, in Lisbon with @StellarOrg. Denelle Dixon on Stellar’s next chapter, and scaling digital finance for the global audience teapaw.org/i/broadcasts/1qKDzWNrl…
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LATEST: Binance co-founder Yi He announces that “Binance will cover all hacking losses.”
User funds are safe. Binance will cover all hacking losses. Deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement. We will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
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CoinDesk retweeted
User funds are safe. Binance will cover all hacking losses. Deposits and withdrawals are temporarily suspended while our team conducts security checks, freezes funds, and works with law enforcement. We will share a full post-mortem once the investigation is complete. Please rely only on official Binance channels for updates.
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UPDATE: Binance says the total amount of stolen assets frozen has now reached approximately $3 billion. The exchange says it is working with law enforcement and industry partners to trace and freeze additional funds, adding that user funds are safe.
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NEW: @chainalysis estimates approximately $5.912 billion was stolen in the suspected @binance hack, making it nearly four times larger than the 2025 Bybit hack.
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UPDATE: Tether, Circle and World Liberty Financial have frozen more than $2.39 billion in stablecoins linked to the suspected Binance hack. Tether CEO Paolo Ardoino confirmed $1.567 billion in USDT frozen. Circle CEO Jeremy Allaire reported more than $800 million in USDC. World Liberty Financial CEO Zach Witkoff said $27 million in USD1 had been frozen.
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UPDATE: Binance co-founder Changpeng Zhao (CZ) says the exchange appears to have been hacked, with Tether freezing approximately $971 million in USDT and Circle freezing $823 million in USDC. CZ says he expects all user funds to be fully covered.
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Stay ahead of the market with custom watchlists and real-time alerts on the CoinDesk app. Download now: linktr.ee/coindeskapp Exclusively sponsored by @Grayscale.
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#9 → #2 @StellarOrg’s rank by active developers in a year, according to @JoseFDaPonte. He says 4,000 devs are building on it, more than any chain except Ethereum. “And we’re working on that.”
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On-chain tokenized equity trading fell 39.3% to $317M per day in October, from $521M in September. bStocks reclaimed the lead with a 37.3% share, despite daily volume falling 34.8% to $118M. Robinhood slipped to second at 30.3%, with average daily volumes down 56.2% to $96M. Read more: coindesk.com/research/stable…
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Tokenized RWA value rose 2.92% to $34.5B as of Oct. 20, after hitting a record $34.9B on Oct. 16. Private credit was the strongest major category, rising 11.8% to $5.27B. Tokenized bonds and MMFs fell 3.31% to $16.97B, with their share dropping below 50% for the first time since March.
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USDC fell 2.80% to $72.3B, reducing its share of stablecoin supply to 23.7% from 24.4%. Ethereum accounted for most of the decline, with USDC supply down 4.12% to $44.5B. Meanwhile, Arc recorded strong growth, rising 19.5% to $742M.
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Stablecoins market capitalization edged up 0.1% to $305.5B in October, as of the 20th. This recorded the second consecutive increase in stablecoins market capitalization. Supply remains 3.67% below the May 17 record of $317B.
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NEW: @Chainlink launches 24/7 stock and commodity pricing, bridging trading-session data with perpetual futures quotes during market closures, with @Aave as the first to adopt it for its institutional lending platform Horizon.
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