⚡️ JUST IN: A wallet labeled as the Binance hacker moved 120 million TRX worth $38.5 million, and the tokens were moved again within minutes and split across multiple addresses, according to Arkham.

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😧 Trezor Flags Safe 5 Spy Module

Trezor said a possible spying module was found in a Safe 5 wallet bought in August through former reseller CryptoBilis. A user in Indonesia sent photos and a description.

An extra board with a cellular module and antenna allegedly read the recovery phrase from the screen and sent it over a mobile network when the wallet was powered.

Trezor has not verified the module or received the device for lab testing. It knows of no stolen funds. Similar inserts were found in Ledger wallets sold through CryptoBilis, which Trezor parted ways with on 9 October. This remains one unverified case.

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⚡️ JUST IN: Binance is in talks with Malaysian regulators for a license after five years out of the market, despite authorities blocking its website and apps.

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⚡️ JUST IN: Nasdaq-listed Next Technology Holding $NXTT may sell $450 million in Bitcoin over the Binance hack and quantum fears.

The company says none of its 5,833 BTC are held at Binance, citing exchange security and quantum computing risks in authorizing sales or loans.

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⚡️ JUST IN: Crypto industry spending on US midterms tops $200 million. Fairshake backed 58 candidates in primaries or special elections, and 53 won.

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⚡️ JUST IN: Binance says 90% of $6.3B in hack losses has been replenished, with 10 major assets fully backed.

➡️ BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC are reportedly 100% backed.

➡️ The remaining 10% consists of less liquid tokens still being acquired through market and OTC channels.

➡️ Replenishment draws on SAFU, the Futures insurance fund and corporate treasury.

A Proof of Reserves snapshot was taken on October 31. Zero-knowledge verification is expected by November 3. Withdrawals are scheduled to resume on November 1.

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