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Binance $6.3B record hack sparks pre-election political chatter
Some political and administration figures tried to make hay of the biggest-ever crypto heist.
- #Hack
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View allAave Restricts New tBTC Deposits and Borrows Following Threshold Maintenance Update
Aave posted on the X platform stating that as a routine precautionary measure following Threshold's maintenance update for tBTC, Aave has restricted new tBTC deposits and new borrowings collateralized by tBTC. The Aave contracts remain unaffected, existing positions are unchanged, and users may continue making repayments and withdrawals as normal. New tBTC deposits and borrowing activities will resume once the maintenance is completed.
Multiple Crypto Trading Platforms Enhance Security Measures, Coinbase Adjusts Cold Storage System
Following the reported $6.3 billion security incident involving Binance, multiple crypto trading platforms have accelerated the strengthening of their security protocols. Jeff Lunglhofer, Chief Security Officer at Coinbase, stated that the company has implemented partial adjustments to its cold storage system "purely as a prudent precaution". Gemini has added new alert and restriction mechanisms for fund transfers; Kraken noted that it is closely monitoring the situation, with all platform services operating normally. Will Megson, Vice President of Product at Coinbase, also disclosed that the company is rolling out significant upgrades to its telephone protection measures to shield users from fraudulent phone calls. He pointed out that scammers frequently maintain active call connections to manipulate victims into modifying their account settings.
New Ethereum Draft Proposes Allowing Wallets to Permanently Disable EIP-7702 Delegation
Ethereum developer nicolashw submitted a draft core EIP proposal titled "Permanent Opt-Out of EOA Delegation" on October 30, which intends to allow key-controlled wallets to permanently disable EIP-7702 delegation, enabling account owners to reject smart contract execution on their existing addresses. The proposal has not yet been assigned a number, remains in an open and unmerged state, and requires a network upgrade for activation. The draft will utilize a currently invalid EIP-7702 Type 4 transaction to install a non-executable three-byte marker in the account, causing future delegation authorizations to be skipped. The account retains its address, standard transfer, and contract call capabilities, but incoming calls will not execute code. The draft notes that this feature only blocks EIP-7702 delegation and cannot mitigate other risks following a private key compromise.
Elon Musk's xAI Grok Now Supports China UnionPay and Alipay Payments, Users Report 50% Off First-Month Subscription
Users report that Grok, developed by Elon Musk's xAI (also referred to as SpaceXAI), now supports payments via China UnionPay and Alipay. The region selection menu on the subscription page includes options for Mainland China, Hong Kong China, Macau China, and Taiwan China, a fact verified by IT Home. Following SpaceXAI's acquisition of Cursor (which added Alipay payment support as early as April 9, 2025), users gradually reported seeing a grayed-out Alipay payment option for Grok, which has now been widely rolled out. Since X (formerly Twitter) shares the same payment system with Grok, users can also subscribe to X Premium via Alipay to access Grok's Plus-tier subscription benefits. Additionally, all new Grok subscribers are eligible for a 50% discount on their first month of subscription.
On-Chain Interest Rate Trading and Hedging Exchange Rates Exchange Secures Investment from Coinbase Ventures
Rates Exchange, an on-chain interest rate trading and hedging exchange, announced that it has secured an investment from Coinbase Ventures, with the amount undisclosed. As introduced, Rates Exchange is an on-chain order book trading platform designed for trading and hedging interest rates. The platform currently offers interest rate swaps, and plans to launch calculation swaps, foreign exchange swaps, and fixed-rate stock options.