DeFi▼ Bearish

Drift hack funds laundered via Tornado Cash, leaving victim recovery unclear

TradingGain Newsroom·9d ago·20 Oct 2026, 21:40 UTC

About $63 million taken in the Drift hack was moved through Tornado Cash. The wallet Etherscan labels "Drift Exploiter 5" made 258 deposits on October 20 and was nearly emptied. Recovery claims are still unresolved, so traders may stay cautious about Drift and similar DeFi platforms.

This brief is written by TradingGain from public reporting by CryptoSlate.Read original ↗

Drift hack funds laundered via Tornado Cash, leaving victim recovery unclear — Story card · share it on your status or channel⬇ Download image

More stories

All news →

12m ago

Market Data▲ Bullish

1000PEPE funding hits −0.079%: shorts are crowded

The funding rate on 1000PEPE perpetual futures is −0.079% per 8 hours, which means short traders are paying a lot to keep their positions open. Very crowded positioning like this can end with a sharp move higher (short squeeze).

1000PEPELive chart →

13m ago

Other▼ Bearish● Important

Binance finds more breach points in about $6 billion hack

Binance says investigators have found additional breach points in a hack of about $6 billion, after first suspecting a compromised employee laptop. The exchange has not said what those extra breach points were. For traders, the news raises questions about security at a major exchange and could weigh on sentiment.

CryptoSlate ↗

18m ago

Bitcoin▼ Bearish● Important

Binance hack pushes bitcoin and ether lower as crypto liquidations hit $1.57 billion

Bitcoin traded near $77,350 after a $6.3 billion hack at Binance, and ether also fell. Crypto futures liquidations jumped to $1.57 billion, meaning many leveraged trades were forced to close. Traders may want to watch risk levels closely as the sell-off unfolds.

BTCCoinDesk ↗

33m ago

Bitcoin● Neutral

Hacker wallets hold 18,270 BTC, more than Coinbase's reported corporate stash

Attackers linked to a Binance hack held 18,270 BTC early Friday, which is more than Coinbase's reported corporate holdings. They also held an Ether stash above 500,000 ETH. Large holdings like these could matter to traders if they move or get sold.

BTC ETHCointelegraph ↗

42m ago

Market Data▲ Bullish

TRX funding hits −0.070%: shorts are crowded

The funding rate on TRX perpetual futures is −0.070% per 8 hours, which means short traders are paying a lot to keep their positions open. Very crowded positioning like this can end with a sharp move higher (short squeeze).

TRXLive chart →

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.