Coinbase leads crypto stock selloff following $6.3B Binance hack

Binance's tracked cryptocurrency wallets recorded $2,510 million in net outflows on Nov. 1 after the exchange resumed withdrawals following its $6.3 billion security breach. According to DeFiLlama data, the outflows included approximately $1,083 million in USDT, $912 million in Bitcoin, $385 million in USDC and $131 million in wrapped Ethereum. These outflows coincided with Binance's… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Cat

The platform's total assets reached $396 billion as net deposits and higher equity valuations partly offset lower cryptocurrency valuations.

The SEC’s complaint seeks a targeted future filing bar, alongside monetary relief for alleged fraud. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

America is going to the polls, and the results will shape crypto legislation and regulation over the next two years. Here's what to know.