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Google and the NYSE's Owner Are Rebuilding the Rails
Oct 29, 2026inThe Commoner

Google and the NYSE's Owner Are Rebuilding the Rails

Google previewed a bitcoin-compatible custody system for banks, and the NYSE's parent is bringing Hyperliquid perps onshore with Stan Druckenmiller on board. Plus what coolerwave found on his iPhone, Warsh's new Fed cale…

Marty BentMarty Bent
Bitcoin ETF FlowsLive tracker
+$137.3M
Net inflow · Oct 28, 2026
3-day inflow streak+$57.6B all-time net
@TFTC21@TFTC21

Attackers appear to have exploited Ethereum's EIP-7702 to drain Binance hot wallets of ~$2.5B. On-chain researcher @0xQuit: "It seems likely that they didn't have the private keys and instead just had the 7702 auth signatures, which must have been phished somehow." x.com/0xQuit/status/…

@TFTC21@TFTC21

Circle CEO Jeremy Allaire: "In coordination with law enforcement, we have frozen more than 800M USDC associated with the incident and will continue supporting the investigation." x.com/jerallaire/sta…

@TFTC21@TFTC21

"Now Americans make $77,000 or so on average. Canadians still make $53,000 on average." @MartyBent and @mjwerry on Canada's GDP per capita.

@TFTC21@TFTC21

Tether CEO Paolo Ardoino says Tether has frozen more than $1.567B in USDT tied to the Binance hack. "Protecting the industry and our partners is our main priority." x.com/paoloardoino/s…

@TFTC21@TFTC21

Binance has been hacked. CZ has confirmed. At 20:24 UTC today, a wallet labeled "Binance 14" was drained in a single transaction: 167,464 ETH (~$388M) plus 63 token transfers including ~$1.6B in USDT. Minutes later, "Binance Hot Wallet 34" lost 780M USDC. A third wallet, "Binance 16," sent another 28,005 ETH. Total estimated outflows: $2.5B+ across multiple blockchains. The receiving address was funded through Tornado Cash. Within minutes, the attacker began dispersing funds, sending $1.2B in USDT across three new addresses in $500M/$500M/$200M chunks, each preceded by a 0.5 ETH test transfer. The attacker is actively dumping stolen Tether. CZ posted: "User funds are safe! It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m). I don't manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered." Tether and Circle have frozen roughly $1.8B of the stolen assets between them. Binance's cold storage appears unaffected so far. This is still developing.

@TFTC21@TFTC21

"It's important to distinguish that it's not free. Health care, like, there is no free lunch, right?" @BrokenCountry_ director Mira Metter on Canada's health care.

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

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