Binance attacker suspected of mistakenly transferring $3.5 million worth of tokens to NEWT contract address, assets have been permanently locked

According to data from the BIT stock platform, Kioxia's ADR plunged 15%, with its third-quarter financial outlook missing market expectations.

According to a notice from the U.S. Attorney’s Office for the District of Minnesota, Raymond Christian Garcia and Isiah Angelo Garcia were sentenced to 180 months (15 years) and 186 months (15 and a half years) in prison respectively on October 29 for their involvement in an armed kidnapping and cryptocurrency robbery case. Per court documents, the two traveled from Texas to Minnesota on September 19, 2025, where they kidnapped a victim’s family at gunpoint, bound them with zip ties, held them at gunpoint for over nine hours, and demanded the victim surrender assets from their crypto accounts. When the transferred amount fell short of their expectation, the pair forced the victim to drive one of them to a separate cabin to retrieve additional crypto storage devices and transfer funds, ultimately stealing over $8 million in crypto assets. After the victim’s son dialed 911, the two fled the scene and were later arrested near Houston. The pair had previously pleaded guilty on June 18, and the case was jointly investigated by the FBI and the Washington County Sheriff’s Office.

Intel’s underwhelming earnings and weak outlook, combined with Amazon’s missed earnings targets, have reignited market concerns about artificial intelligence (AI) investment transactions, leading to a broad sell-off in semiconductor stocks. The sell-off spread across the entire semiconductor sector, hitting chip equipment makers, wafer foundries, and analog chip suppliers alike. According to data from BIT Stock Platform, Broadcom’s stock fell around 4% at the opening of Friday’s regular trading session, AMD plummeted nearly 10%, and Micron Technology dropped 5.5%. Intel’s stock plunged 30% on Friday, on track to mark its largest single-day decline on record, with its market value erasing around $120 billion. Nvidia fell 3.3%, pushing its total market capitalization below $5 trillion. Wafer fab equipment makers also saw sharp declines: Applied Materials dropped nearly 5%, Lam Research fell 5.5%. The sector is highly sensitive to chipmakers’ capital expenditure plans, with equipment suppliers typically bearing the brunt when chip firms cut spending on memory and logic chips. Meanwhile, Qualcomm’s stock also weakened alongside the broader wireless communications and mobile phone sectors. Markets are concerned about soft enterprise hardware demand and a bottleneck in smartphone demand. (Jin10)

Aave has issued an update on its post-Binance incident handling progress, stating that all markets for Aave V3 and V4 have been unfrozen. Previously, following initial reports of the incident, Aave froze its markets as a preventive step, suspending new deposits and borrowings, though withdrawals and repayments remained fully operational. The protocol emphasized that its smart contracts were not impacted by the incident, and all positions have stayed fully collateralized. As an ongoing preventive measure, the loan-to-value (LTV) ratios for USDT, USDC, USDT0, POL, WAVAX, sAVAX, XAUT, PAXG, and OP will be temporarily set to 0, meaning these assets cannot currently be used as collateral to back new borrowings.

According to data from the BIT stock platform, all US-listed crypto-related stocks declined at the opening of US trading. The specific drops are as follows: Coinbase (COIN) fell 12.46%, Strategy (MSTR) dropped 11.59%, American Bitcoin (ABTC) declined 11.33%, Circle (CRCL) fell 9.79%, CEA Industries (BNC) dropped 9.61%, Robinhood (HOOD) declined 8.67%, MARA fell 8.09%, GEMI dropped 7.87%, Riot Platforms (RIOT) declined 7.86%, Bullish (BLSH) fell 7.69%, SharpLink (SBET) dropped 7.19%, and BitMine (BMNR) declined 7.06%.

According to data from the BIT stock platform, the Philadelphia Semiconductor Index fell 5.7%. AMD (AMD.O) dropped 10%, Arm (ARM.O) declined 9.5%, Marvell Technology (MRVL.O) fell 5%, Qualcomm (QCOM.O) dropped 6.3%, and NVIDIA (NVDA.O) slipped 3.3%, with their total market capitalization falling below $5 trillion.