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@TFTC21@TFTC21

Binance has resumed withdrawals on all 15 networks and assets in its first phase. Net outflow since 06:00 UTC: roughly $3.64 billion, or 2.1% of its $171 billion in AUM. Binance: "Rest assured that market conditions are stable."

@TFTC21@TFTC21

The S&P 500 is just 3% below the record high it set on October 6. Its worst drop this year was 9.1%, during the Iran war in March.

@TFTC21@TFTC21

North Korea's Binance laundering just hit an unexpected snag. This morning's Ethereum reorg made THORChain double refund a 10 ETH deposit and trigger an emergency pause. No cross-chain swaps for anyone until it returns.

@TFTC21@TFTC21

OpenAI's latest funding round values it at $1.25 trillion, short of the $1.4 trillion it was targeting. It had been seeking $30 billion. Annualized revenue is $50 billion, with a goal of $70 billion by year-end.

@TFTC21@TFTC21

Zelensky says Ukraine, the US and Russia are preparing a trilateral meeting in the first half of November. He discussed it with Erdoğan, including holding talks in Türkiye and involving Europe. No date or venue confirmed yet.

@TFTC21@TFTC21

An extortion group called n0n published the passwords and keys to a firewall that guards the link Finzly's bank clients use to send payment instructions to the Federal Reserve. Finzly connects 11 listed banks and credit unions to ACH, Fedwire and FedNow through a single shared connection. The leaked files describe a direct link labeled "FED" and rules for FedNow and FedACH traffic. Finzly says it rotated its keys and credentials and that the files can't get anyone into its systems. The Fed says its payment services were not impacted. The passwords were the easy part to fix. The map of how everything connects is still out there. h/t @CaitlinLong_ americanbanker.com/news/extortion…

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Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.

Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.

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