Binance Faces Crypto's Biggest Heist Yet...

Here's what we've got for you today:

• Binance Hack Hits $6.3B, CZ Speaks Out, and North Korea Is Suspected

• Ripple Cuts Payment Fees by 66% as Matt Damon's Water.org Expands RLUSD to Three Countries

• Coinbase Reports $719 Million Profit, but Crypto Trading Revenue Plunges 44%

• Justin Sun's HTX Agrees to Leave the UK After FCA Lawsuit as Customers Face 48-Hour Withdrawal Deadline

⚠️ Binance Hack Hits $6.3B, CZ Speaks Out, and North Korea Is Suspected

Binance is investigating a massive $6.3 billion crypto hack after attackers allegedly compromised an employee’s laptop to access internal systems. North Korean hackers are suspected.

✂️ Ripple Cuts Payment Fees by 66% as Matt Damon's Water.org Expands RLUSD to Three Countries

Ripple has helped Matt Damon’s Water.org cut cross-border payment fees by up to 66% and transfer more than $3.2 million across four markets. The partnership has also supported water and sanitation financing for over one million people in Latin America.

💰️ Coinbase Reports $719 Million Profit, but Crypto Trading Revenue Plunges 44%

Coinbase shares fell during after hours despite reporting a surprise $719 million Q3 profit and earnings that beat Wall Street expectations. However, revenue plunged 35%, and approximately $715 million of its profit came from crypto investment gains rather than core operations.

⚖️ Justin Sun's HTX Agrees to Leave the UK After FCA Lawsuit as Customers Face 48-Hour Withdrawal Deadline

Crypto exchange HTX, linked to Tron founder Justin Sun, agreed to exit the UK after settling a lawsuit with Britain's financial regulator over allegedly illegal crypto promotions. New registrations and deposits have been blocked.

👀 QUICK NEWS

• Galaxy Seeks US Bank Charter as Traditional Banks Sue Regulator Over Crypto Licenses

• XRP News: XRP Ledger Developers Move to Close Four Token Security Gaps

• Anthropic Introduces KYC Checks for Claude Users, Requiring Government IDs and Selfies in Some Cases

• Why Is Intel Stock Crashing After Beating Earnings Expectations?

• DTCC Brings $30 Trillion in Eligible Securities to Blockchain Infrastructure

MEME OF THE DAY

That’s it for today. Don’t forget to share Coinpaper Digest with your friends!