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Singapore police team up with 8 crypto platforms in anti-scam operation, intercepting over S$17.4 million in potential losses
Odaily reports: The Singapore Police Force announced that during its fifth joint cryptocurrency anti-scam operation held from September 1 to October 31, it collaborated with 8 digital payment token service providers—including Coinbase, Coinhako, DTCPay, Gemini, Independent Reserve, OKX, StraitsX, and Upbit—to identify more than 383 potential scam victims and successfully prevent potential losses exceeding S$17.4 million (approximately US$13.6 million). Using blockchain analytics tools from Chainalysis and TRM Labs, combined with customer information provided by the trading platforms, the police conducted phone calls and on-site interventions to stop scams involving impersonation of government officials, investment fraud, and job scams.In addition, the police shared on-chain intelligence with the U.S. Federal Bureau of Investigation (FBI), the New South Wales Police Force in Australia, and the Canadian Anti-Fraud Centre, identifying 32 potential overseas victims. The previous fourth round of the operation identified more than 355 potential victims and prevented potential losses exceeding S$8.94 million.
Chainalysis Announces Trusted IP Address Whitelist Application Process, Plans to Restore KYT and Address Screening Access
Odaily Report: Chainalysis stated that customers can send their trusted IP addresses to support@chainalysis.com, or contact the Chainalysis customer team to apply for whitelisting. Chainalysis plans to begin restoring access to KYT and address screening starting tomorrow, after which authorized users will be asked to reset passwords and rotate API keys.
Chainalysis plans to restore KYT and address screening services through a trusted IP whitelist starting November 5
Odaily reports: Blockchain analytics firm Chainalysis has stated that hackers have obtained password hashes and valid authentication tokens for all users on its platform. The company has taken down its KYT transaction monitoring, address screening, Reactor investigation platform, Data Solutions products, and Chain (Beta) services.Chainalysis says a "man-in-the-middle attack" targeting some customer passwords has been contained and remediated, and affected accounts will remain locked until passwords are changed. The company has no evidence that confidential investigation data was accessed or that blockchain attribution data was tampered with.Chainalysis plans to restore KYT and address screening services through a trusted IP address whitelist starting November 5, and is requiring users to reset passwords and rotate API keys where applicable. The company has engaged external cybersecurity experts and is using large language models to inspect systems and strengthen defenses. (Bitcoin.com News)
User credentials exposed, Chainalysis takes monitoring and investigation platform offline and requires password resets
Odaily: Bitcoin News posted on X stating that Chainalysis reported hackers exploited "offensive agentic technology" to expose all users' names, usernames, password hashes, and valid tokens, with some customers' KYT accounts suspected of unauthorized access. Chainalysis has taken its transaction monitoring tool, address screening, and investigation platform offline, and is requiring all users to reset passwords and rotate API keys. Japanese exchange Coincheck suspended cryptocurrency withdrawals due to an external on-chain analytics service outage, and ICONOMI also suspended withdrawals citing issues with Chainalysis's services.
Restoring the platform in phases and compensating with its own funds, Mercado Bitcoin announces schedule for November 9
Odaily reports that Mercado Bitcoin stated the platform will resume in phases starting November 9. In the first phase, website access will be opened, allowing users to view balances, statements, assets, and investment positions; transfer, withdrawal, and trading functions will be gradually reopened for each module after passing final security verification. The exchange reiterated that customer assets will not suffer losses, and it will compensate the assets involved in this incident with its own funds. Through collaboration with Tether, Circle, Paxos, BRL1, Chainalysis, and experts in the crypto community, more than $15 million in related assets have now been frozen; the exchange previously said that $12.9 million had been frozen.
Brazil's largest crypto exchange Mercado Bitcoin pledges to cover losses from hack
Odaily reports: Brazil's largest cryptocurrency exchange Mercado Bitcoin stated that the security incident on November 2 did not cause any loss of customer assets, with customer assets guaranteed by the platform. The platform said the incident involved approximately $38 million in assets, and that $11 million has been frozen in cooperation with the crypto community and partners.Estimates of the loss amount vary across different institutions: Hypernative detected over $40 million in suspicious transfers, Arkham traced at least $46 million, and Chainalysis estimated approximately $49 million, of which nearly $10 million was frozen. Tether froze more than $4.5 million in USDT related to the incident.Mercado Bitcoin stated that no customer fund losses or data breaches have been found, but it has not yet explained how attackers gained access. The platform currently remains suspended for deposits and withdrawals, with no set timeline for resumption, and will restore services once security conditions are fully recovered. (Decrypt)
THORChain Outage Unexpectedly Slows Down Money Laundering of Stolen Binance Funds
According to blockchain analytics firm Chainalysis, on the morning of October 31 (Eastern Time), a chain reorganization occurred on Ethereum, causing cross-chain protocol THORChain to erroneously issue a double refund to a user who had deposited 10 ETH, triggering an emergency pause. The pause shut down swap functionality across most of THORChain's cross-chain bridges for all users, including North Korean money launderers, inadvertently slowing down the laundering of a large amount of stolen Binance funds. THORChain's status interface shows that transactions on 12 of its 13 listed chains remain paused, while outbound signing remains enabled on most chains.
Odaily Morning Brief
1. Approximately 80% of stolen funds have been replenished; Binance expects to restore withdrawals in phases within 34 hours;2. "Setting ten major targets first": Re-entering full-position long in the $76,000–$78,000 range; BTC could potentially reach $120,000 within the year;3. Trump: Investigating whether the Binance hack was carried out by North Korea;4. OpenAI's fundraising target drops sharply by $10 billion, with valuation simultaneously revised down to $1.25 trillion;5. Ethena deposits 128.6 million ENA to Binance, possibly for Binance's buyback of stolen assets;6. Apple overtakes Nvidia once again to become the world's most valuable company by market capitalization;7. Chainalysis suffers an AI-driven cyberattack, with customer names, email addresses, and other information leaked;8. New Ethereum proposal aims to allow externally owned accounts to permanently disable EIP-7702 delegation functionality;9. Titan Builder's protocol revenue over the past 24 hours surpasses Tether and Circle, ranking first.
Chainalysis: North Korea-Linked Attacks Account for Nearly 89% of This Year's Crypto Hacking Losses, Up from 15% in 2021
Odaily reports: According to Chainalysis monitoring, losses from suspected North Korea-linked hacking attacks accounted for nearly 89% of reported crypto hacking losses this year as of October 29, 2026, compared to 15% in 2021. On a per-incident basis, the average loss from suspected North Korea-linked attacks has risen from $50.65 million in 2021 to $186 million in 2026, roughly 3.7 times the 2021 figure. From 2021 through October 29, 2026, cumulative reported crypto hacking losses reached $22.34 billion, of which suspected North Korea-linked attacks caused $13.24 billion in losses, accounting for approximately 59% of the total.
Chainalysis Hit by AI-Driven Cyberattack, Customer Names and Emails Leaked
Odaily: Bitcoin News posted on X that blockchain analytics firm Chainalysis said hackers used "offensive agentic technology" to gain unauthorized access to its internal systems and tools, resulting in the leak of customer names, email addresses, user IDs, and organizational job titles. Chainalysis stated that there is currently no evidence that passwords, multi-factor authentication (MFA) keys, session tokens, or sensitive investigation data were compromised, and said the attack is unrelated to the recent $6 billion hack suffered by Binance.
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