AGP Executive Report
Last update: 9 hours agoBinance Hack: The FBI says North Korea’s TraderTraitor group stole more than $6 billion from Binance on Oct. 29 and is moving funds mainly into Ethereum before further laundering. Binance says it has replaced 90% of the stolen assets and will cover the rest; withdrawals are expected to resume Nov. 1 after security checks. Market Fallout: Bitcoin hovered near $77,000 after the breach, while U.S. spot Bitcoin ETFs shed $643 million on Friday, wiping out the week’s inflows. Crypto’s total market value fell about $360 billion in October. Tokenization Push: DTCC’s new tokenization service and plans for the first tokenized U.S. stock to trade Monday signal continued institutional interest despite the turmoil.
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