North Korea laundering Binance-hack funds via NEAR memecoins

Elliptic says North Korean hackers are using throwaway memecoins, including an Elon 2028 token, on NEAR to launder funds from the $6.4B Binance hack.

Web3Auth paused its embedded wallet service over a security issue, and MetaMask is investigating. Separately, an unsubstantiated Binance insolvency rumor and MEXC/FinCEN chatter are circulating.

Nvidia's board is investigating Jensen Huang's relationship with a woman identified by intelligence officials as a Chinese spy. Nvidia perps fell 4% on Hyperliquid, while Asian equities rallied and South Korea said its GPU supply is unaffected.

After FinCEN issued a special measure order against MEXC, users report deposit restrictions at OKX, Binance and other exchanges.

Chainalysis said an attacker accessed user names, password hashes and live tokens, and took products offline. Separately, a fake job interview was reportedly the first step in the $6.3B Binance theft.

US Treasury's FinCEN cut MEXC off from the US financial system over alleged sanctions evasion for North Korea, Iran, and Russia, citing $16B+ in illicit transactions.

A trader says $200M+ of HYPE is stuck on Binance with withdrawals unopened, while Stripe's stablecoin payouts widen distribution and Circle's reserve income fell 8%.

Stripe expanded stablecoin payouts, South Korea will seek a fourth crypto-tax delay, and American Bitcoin posted Q3 results.

South Korea reported multiple North Korean missile launches from Sondok. A fire at a Panasonic unit's Taiwan factory left five injured and two missing.