Key information: Are major players secretly building a bottom for BTC across multiple platforms?

[North Korea-linked attackers transfer $500 million and begin money laundering using Solana] Chainalysis monitoring shows that North Korea-linked attackers, after transferring over $500 million in stolen funds from Tron, have begun using the Solana network for money laundering. The attackers dispersed the funds through over 1,000 addresses, more than 3,000 deposits, and multiple DeFi protocols, with the funds flowing through Chainflip, Relay, THORChain, NEAR, and other channels to dozens of new wallets on Ethereum, Bitcoin, and other blockchains.

[He Yi: Rumors of Binance Theft and Engineer's Connection to North Korean Agents Are False] Binance co-founder He Yi stated that rumors regarding a Binance theft and an engineer's connection to North Korean agents are false, and ZachXBT has not made any related statements. He Yi made this response in reply to a post on AlphaWire that cited unverified claims.

Binance began a phased resumption of withdrawals at 06:00 on November 1st, completing the first phase of withdrawals for 15 networks and assets at 12:36. As of 15:30 that day, Binance had processed a total of $4.649 billion in withdrawals and $1.01 billion in deposits, resulting in a net outflow of approximately $3.64 billion, representing 2.1% of its total assets under management of $171 billion. Binance completed a new round of Proof-of-Reserve (PoR) snapshots at 00:00 on October 31st and launched Zero-Knowledge Proof (ZKP) calculations. The updated report is expected to be published on the PoR website on November 2nd.

Loomis stated that hackers stole $6.3 billion worth of crypto assets this week and transferred them to different blockchains within minutes. The CLARITY Act proposes a pilot program to encourage crypto companies to share intelligence directly with federal law enforcement agencies, and collaborative action between industry and law enforcement could curb the transfer of stolen funds.

On November 1, US President Trump stated that if Democrats win a majority of seats in the midterm elections, he will veto any bills proposed by the Democrats until they negotiate with him. Trump will hold campaign rallies in Kansas and Iowa on Sunday to support the Republicans in retaining control of Congress.