Binance is in discussions with Malaysian regulators to obtain a license to operate and seek a return to the local market.

[Binance Hackers Use DeFi Deposit Certificates to Circumvent Stablecoin Freezes, Involving $500,000] Chainalysis has discovered that Binance hackers on the Tron blockchain used deposit certificates (CDs) in DeFi lending protocols to transfer stablecoin redemption rights, thereby circumventing the issuer's freezing measures. The attackers exchanged TRX for stablecoins and deposited them into the lending protocol to obtain deposit certificates. They then transferred the certificates to a new wallet to redeem the stablecoins and exchanged them for ETH via a cross-chain bridge. This method separates the asset claim represented by the deposit certificates from the underlying stablecoin's freeze control. The North Korean TraderTraitor group previously used this method to transfer $500,000. Circle and Tether have assisted in freezing approximately $2.8 billion in related assets.

Crypto analyst Darkfost stated that the average cost basis for short-term Bitcoin holders is close to $76,000, and the current price is testing their confidence in holding their positions. The short-term holder MVRV is approaching a neutral level of 1, an indicator that rose above 1.18 in late September, reaching its highest level since July 2025. The cost basis for short-term holders has been steadily rising since mid-August, around $67,500, and this group participated in Bitcoin's rise during that period. With Bitcoin's medium-term momentum turning positive, the return of MVRV to the price range corresponding to a neutral level could prompt short-term holders to either continue buying or capitulate and sell.

The Foundation claims attackers are sending phishing emails through compromised company domains, and these emails are not originating from the Foundation's official domain. (Source: Bitcoin News)

Binance is in discussions with Malaysian regulators regarding a licensed business model, seeking a return to the local market. A Binance spokesperson stated that they have been communicating with the Malaysian Securities Commission and the central bank over the past 10 months. In July 2021, the Malaysian Securities Commission ordered Binance to cease its local operations. The agency removed Binance from its investor warning list in 2024 but reinstated it this month. In response to an investigation requested by Lim Guan Eng, Binance has closed a ringgit-linked trading market in Kina, Papua New Guinea, and is also addressing complaints regarding the Ley market in Romania. (Source: Bloomberg)

After closing his Bitcoin long position, Brother Machi continued to add to his Ethereum long position with 25x leverage, and now holds 2125 ETH. At the same time, he reduced his HYPE long position with 10x leverage to 4500 HYPE, achieving a small profit of 0.89% overall.