MyCrypTokens

A very sad day for crypto. Binance confirms nearly $6.3 BILLION was affected in what could be the industry’s largest security incident to date. The industry came together quickly to freeze nearly $3 Billion in assets that left the world’s largest crypto exchange. The attacker exploited a vulnerability in EIP-7702 delegation which allows hot wallets to hand control to smart contract code. The attack began around 4:30pm ET on Thursday, per on-chain data from Arkham. Blockaid's preliminary assessment points to a "key misuse," similar to the Bybit exploit, where attackers compromise the signing infrastructure, though the firm says there isn’t enough information at this point to confirm. Funds left across Ethereum, Bitcoin and Tron, and the attacker reportedly still holds over 18,000 $BTC. Tether froze $1.567 BILLION in $USDT and Circle froze over $800 MILLION in $USDC. Ripple, World Liberty, BitGo and Paxos also froze stolen assets, and Arbitrum's Security Council froze around $30.5 MILLION. Aave froze its lending markets as a precaution, after the attacker borrowed $ETH against stolen $USDT. Markets took a hit as the news spread: Crypto cascaded to liquidate nearly $1.5 BILLION in the past 24 hours. $BTC fell below $77,000, and $ETH below $2,200. Altcoins reportedly sold by the attacker, including $ENA, $UNI, $LINK and $PEPE, fell around -10% to -15%. Binance has suspended deposits and withdrawals while it runs security checks and works with law enforcement. The exchange reassures all users funds are safe and it "will cover ALL losses" owith a full post-mortem to follow once its investigation is complete.

Wall Street is saying “NO” to MASS TOKENIZATION 26 companies worth ~$13.9 TRILLION have objected to tokenized versions of their shares trading on OKXICE. The full list: 1. Alphabet $GOOGL: $4.13T 2. Microsoft $MSFT: $3.84T 3. Broadcom $AVGO: $1.6T 4. Intel $INTC: $540B 5. Cisco $CSCO: $433B 6. Oracle $ORCL: $405B 7. UnitedHealth $UNH: $339B 8. Caterpillar $CAT: $324B 9. Arm Holdings $ARM: $268B 10. Goldman Sachs $GS: $260B 11. Wells Fargo $WFC: $253B 12. IBM $IBM: $214B 13. Marvell $MRVL: $203B 14. Verizon $VZ: $188B 15. Qualcomm $QCOM: $175B 16. McDonald's $MCD: $172B 17. Western Digital $WDC: $140B 18. AppLovin $APP: $95B 19. Intuit $INTU: $81B 20. Moderna $MRNA: $57B 21. Rocket Lab $RKLB: $44B 22. CoreWeave $CRWV: $38B 23. Cerebras $CBRS: $34B 24. IonQ $IONQ: $15B 25. Applied Optoelectronics $AAOI: $10B 26. Applied Digital $APLD: $6B The count has nearly TRIPLED from 9 objectors just 10 days ago. If TOKENIZATION is such a win, why the pushback?

🚨This week's key events are going to be BIG. It's FED week. The Fed HIKED last month, and on Wednesday it decides again, a day before headline PCE inflation is expected to come in at 3.6%, nearly DOUBLE its 2% target. Then Microsoft, Alphabet and Amazon, worth over $10 TRILLION combined, all report earnings within 30 hours. Coinbase and Strategy report Thursday too, and about $11 BILLION in Bitcoin options expire Friday. Tuesday, Oct 27 - Consumer confidence, 10am ET - Israel's election - Robinhood $HOOD earnings Wednesday, Oct 28 - Fed rate decision, 2pm ET - Fed press conference, 2:30pm ET - Alphabet $GOOGL and Microsoft $MSFT earnings Thursday, Oct 29 - Q3 GDP and September PCE inflation, 8:30am ET - ECB rate decision - Amazon $AMZN, Coinbase $COIN and Strategy $MSTR earnings Friday, Oct 30 - Bank of Japan rate decision - About $11 BILLION in Bitcoin options expire on Deribit, 4am ET Markets price a 90% chance the Fed holds, per CME FedWatch. A hotter PCE print would raise December hike odds, and a cooler one would lower them.