Binance is investigating a potential hack after more than $2 billion in crypto was drained from one of its wallets into a new external account, with Blockaid estimating nearly $3.3 billion was moved. "Our teams are aware of reports of a potential security issue and are actively investigating," said Binance on X. "User funds are safe," said Binance founder CZ. "It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m). I don't manage Binance anymore, but as a shareholder, I expect all user funds will be fully covered."

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Intel, Oracle, IBM and IonQ have joined a growing list of companies objecting to having tokenized versions of their shares traded through OKX and Intercontinental Exchange's blockchain venture, bringing the total number of objections to 26. About 37% of the companies on OKXICE's original list have now opted out, according to CoinDesk. From the report: The four companies were named in an updated public notice (PDF) dated Monday, Oct. 26, from OKXICE, the two firms' joint venture. They join earlier objectors including Microsoft, Alphabet, Goldman Sachs, Cisco and Wells Fargo. The growing list underscores a hurdle for OKXICE and the SEC's new framework for tokenized stock trading: building a market that issuers are willing to join. The agency's five-year "Innovation Exemption" gives qualifying venues room to test round-the-clock blockchain-based trading of stocks, and it also gives public companies an option to block their shares from being offered. OKXICE issued its initial public notice on Oct. 4, outlining plans to use Uniswap v4 liquidity pools on OKX's XLayer blockchain, with transactions settled in stablecoins. The venue would use automated market makers -- software that executes trades through pools of assets rather than matching buyers and sellers through a conventional order book. Under the framework, venues must notify issuers and give them 30 days to object before offering tokenized versions of their shares.

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