Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

According to data from the BIT Stock Platform, the three major U.S. stock indexes closed lower across the board: the Nasdaq fell 1.38%, the Dow Jones Industrial Average dropped 0.25%, and the S&P 500 index declined 0.3%. Google plunged 12%, erasing $479 billion in market capitalization. Most of the "Magnificent Seven" tech giants were in the red: Meta Platforms rose 1.97%, Apple gained 1.48%, Microsoft fell 0.11%, Tesla dropped 0.23%, Nvidia declined 0.80%, Amazon fell 4.25%, and Google slumped 12.34%. Three major sectors—semiconductor and storage, crypto-related, and optical communications—mostly ended lower. For the semiconductor and storage subsector: Seagate (STX) rose 0.36%; Western Digital (WDC) fell 0.25%; SanDisk (SNDK) dropped 5.32%; Micron (MU) declined 4.98%; Nvidia (NVDA) fell 0.80%; Intel (INTC) dropped 3.62%; AMD (AMD) declined 2.08%. Crypto-related stocks: MicroStrategy (MSTR) fell 2.44%; Coinbase (COIN) dropped 1.07%; Circle (CRCL) declined 2.11%; Bitmine (BMNR) fell 1.77%; SharpLink (SBET) dropped 1.77%. Optical communications sector: FOTO (FOTO) fell 1.16%; Marvell (MRVL) plunged 13.24%; Applied Optoelectronics (AAOI) declined 3.69%; Lumentum (LITE) rose 0.61%; Coherent (COHR) fell 0.99%; Ciena (CIEN) dropped 3.79%; Fabrinet (FN) declined 5.07%; AXT (AXTI) fell 5.44%.

According to data from BIT Stock Platform, Intel (INTC.O) plunged 22% in after-hours U.S. trading. The chipmaker projected Q4 revenue at $15 billion to $16 billion, against market expectations of $17.1 billion. Amazon (AMZN.O) dropped nearly 12% in after-hours U.S. trading. Amazon’s Q3 2026 revenue reached $201.9 billion, compared with $180.169 billion in the year-ago period and below the market consensus of $202.285 billion. The e-commerce giant’s Q4 2026 performance guidance was set at $240 billion to $247 billion, versus market expectations of $244.513 billion.

Over $5.8B in assets has been stolen from Binance. More than $2.435B in stablecoins has been frozen. The hacker is currently dumping assets like $PEPE, $LINK, $UNI, and $ENA on-chain. Watch out for selling pressure.

Stablecoin and wrapped token issuer Paxos stated in a social media post that earlier today, public reports indicated Binance had been impacted by a security incident. Blockchain analysis revealed that PAXG tokens held on the Binance platform were transferred to addresses suspected to belong to attackers. After verifying the reports through its own blockchain investigation, Paxos froze 1,906.67 PAXG tokens in the wallet at address 0x5227f603C1eE34CE3C06eFe6477003BDfCCB2f8c. The Paxos system was not affected by the incident. Reserves for PAXG, PYUSD, and USDG remain fully intact, and redemptions continue to function normally. Paxos will provide updates as additional details emerge.

Binance noted in a social media post that it has observed varying figures circulating publicly related to frozen funds, including the cited $1.8 billion. To clarify, the currently verified total frozen amount stands at $2.54 billion. As its team collaborates closely with law enforcement, issuers, blockchain intelligence firms, and industry partners to track and freeze additional assets, this figure may continue to rise.

Aave stated on social media that it is aware of reports regarding potential impacts on wallets linked to Binance. Aave’s contracts are unharmed, and its positions remain overcollateralized. As a precaution, all DAO-governed markets in V3 and V4 have been frozen. The freeze suspends new deposits and borrowings, though users can still withdraw funds and repay their existing positions. Aave will continue to monitor the incident’s developments and restore normal operations promptly.