Bessent downplays concerns over rising yields and the AI bubble.

Binance founder CZ posted a statement saying user funds are secure, and it appears Binance has indeed suffered a hacker attack. He thanked Tether and Circle for their swift freeze measures, which blocked approximately $971 million in USDT and $823 million in USDC respectively. CZ also noted he is no longer managing Binance’s official website operations, but as a shareholder, he expects all user funds will be fully protected.

Binance co-founder He Yi stated in a post that Binance has noticed reports of potential security issues and is actively investigating. The security team is urgently reviewing all relevant details, and will share the latest updates through Binance’s official channels once verified. He Yi also reminded users to stay vigilant against scams, warning them not to trust unofficial links, messages, or requests for account information, and underscored the importance of user fund security (SAFU).

According to market sources, Tether has frozen 971 million USDT suspected to be linked to large abnormal outflows from Binance.

According to market news and on-chain data, Circle has frozen $823 million worth of USDC on-chain, which is suspected to be linked to a large abnormal outflow from Binance.

According to market reports and on-chain data, Binance’s Ethereum hot wallet is suspected to have experienced a large abnormal outflow involving more than 60 tokens, with assets totaling approximately $2.53 billion. The information has not been officially confirmed, and further verification of the specific details is pending.

Nasdaq-listed Canton Strategic Holdings (CNTN) announced an agreement with TSV, a permissioned tokenized securities trading platform on the Canton Network, to offer its common stock for trading in issuer-initiated tokenized form. The target launch date is as early as November 2, and the company expects this to become the first compliant tokenized onshore U.S. equities case under the U.S. Securities and Exchange Commission (SEC)’s Innovation Exemption Framework. The tokenized shares are issued by Fairmint, an SEC-registered on-chain transfer agent that maintains ownership records, with holders entitled to the same rights as Nasdaq stockholders. The trading will run via the Tradecraft protocol as an automated market maker (AMM), enabling nearly 24/7 trading and atomic settlement. Participants must complete identity verification and sanctions screening. The issuer-initiated model avoids the objection and notification processes typical of third-party tokenization schemes.