•A Coinbase analyst estimated outflows of up to $5.8 billion, while on-chain data showed about $3.55 billion in transfers into an unlabelled wallet.
•Reuters said Circle and Tether had frozen more than $2.38 billion in stablecoins, including more than $800 million frozen by Circle and about $1.57 billion by Tether.
•Binance said it is investigating a potential security issue, did not confirm that user funds were affected, and added that their funds are safe.
•A Washington Post report estimated that fully clearing mines from the Strait of Hormuz could take 6 months.
•Members of the House Armed Services Committee were told Iran may have planted 20 or more mines in and around the strait.
•An average of 20.9 million barrels of oil per day passed through the strait in the first half of 2025, equivalent to about 20% of global petroleum liquids consumption.
•On-chain data showed about $3.55 billion in transfers into an unidentified wallet, followed by the movement of about $900 million to other wallets.
•Conor Grogan estimated the amount could reach $5.8 billion; the figure was attributed to him as an estimate.
•Binance said user funds were safe and that it was reviewing information related to a potential security issue, without confirming a breach or specifying the scale of any loss.
•Transfers into an unknown wallet were estimated at about $3.55 billion, with nearly $900 million subsequently moved to other wallets on October 29, 2026.
•Tether and Circle froze stablecoins worth more than $2.38 billion on October 29, 2026.
•Tether froze nearly $1.57 billion, while Circle froze more than $800 million on October 29.
•Net income was $5.2 million and earnings per share were $0.50 in the third quarter of 2026, compared with a loss of $0.5 million and a loss per share of $0.04 a year earlier.
•Operating cash flow was $26.4 million and adjusted earnings were $30.1 million in the third quarter of 2026.
•The company raised the low end of its 2026 revenue outlook to $675 million, with adjusted earnings expected to be between $85 million and $90 million.
•Consolidated revenue rose 5% to $1,107.3 million in the third quarter of 2026, from $1,058.1 million a year earlier.
•Diluted EPS was $1.03 and adjusted EPS was $0.97 in the third quarter.
•The company lowered its 2026 adjusted EPS outlook to a range of $3.94–$4.04, while maintaining a midpoint of $1,085 million for adjusted operating cash flow.
