TRX Coin Daily Report: October 31, 2026 Key News and Updates
Over the past 24 hours, TRX-related news has mainly centered on the flow of funds from the Binance attack incident. Chainalysis said the hackers in the Binance $6.4 billion attack used Tron DeFi to evade stablecoin freezes; multiple headlines show that the hacker addresses moved 120 million TRX, worth more than $38 million, and then carried out further dispersal transfers, accelerating the frequency of fund transfers in order to split funds and obscure their flows. There was also discussion around where the funds from "Binance's $6.3 billion overnight theft" went. In addition, Huobi HTX launched the "Warm Winter Companion" special earn campaign, with subscriptions enjoying a 10% annualized subsidy. Overall, TRX in this incident has been noticed more as a vehicle for the hackers' fund transfers and dispersal.
October 31, 2026 TRX News Summary
- [10-31 11:59] Chainalysis: Hackers in Binance $6.4 billion attack use Tron DeFi to evade stablecoin freezes (Wu Shuo)
Blockchain analytics firm Chainalysis disclosed that the hackers in the Binance $6.4 billion attack (identified as the North Korean TraderTraitor group) are using Tron DeFi protocols to evade centralized stablecoin freezes. The attackers first exchanged TRX for stablecoins; because Tether and Circle have helped freeze $2.8 billion in funds involved in the case, to avoid having their directly held stablecoins frozen, the hackers deposited the stablecoins into DeFi lending protocols to obtain "deposit receipt tokens" that cannot be frozen by centralized institutions, and then
- [10-31 11:30] Odaily Evening News (Odaily)
1. CZ clarifies the SPCX holdings controversy: he never said he intended to sell, and believes it is worth holding long term; 2. Binance hacker address moves 120 million TRX, worth more than $38 million; 3. Negative for 38 consecutive days, Coinbase Bitcoin Premium Index at -0.2434%; 4. Machi Big Brother continues to reduce HYPE long positions, with the overall position turning slightly profitable; 5. Rates Exchange receives investment from Coinbase Ventures, amount undisclosed; 6. Flap: official website fla
- [10-31 08:23] Binance hacker address moves 120 million TRX, worth more than $38 million (Odaily)
Odaily news: According to Arkham monitoring, about 20 minutes ago, an address tagged as a Binance hacker moved 120 million TRX tokens, worth about $38.54 million, and these tokens were then transferred again to multiple addresses.
- [10-31 07:00] Binance's $6.3 billion overnight theft: where did the funds go? (Wu Shuo)
Author: BlockSec Original link: https://mp.weixin.qq.com/s/6Kp2-VM36AjFR67DZ8Bj6A Disclaimer: This article is a repost. Readers can get more information through the original link. If the author has any objection to the repost format, please contact us and we will modify it according to the author's requirements. The repost is only for information sharing and does not constitute any investment advice, nor does it represent the views and stance of Wu Shuo. The full text is as follows: Around 20:00 on October 29, 2026 (UTC), Binance issued
- [10-31 01:27] Hacker group that attacked Binance moves 120 million TRX, then carries out further dispersal transfers (PANews)
PANews, October 31 news: According to Onchain Lens monitoring, the hacker group that attacked Binance uses automated transfers to repeatedly split funds into multiple wallets, send them back to previous addresses, and then redistribute them to new target addresses, thereby concealing the flow of funds. Recently, another 120 million TRX (about $38.78 million) was transferred, followed by further dispersal transfers.
- [10-31 01:23] Binance hacker group accelerates fund transfer frequency, moves 120 million TRX (Odaily)
Odaily news: According to Onchain Lens monitoring, the Binance hacker group is using automated transfers to repeatedly split funds into multiple wallets, then send them back to previous addresses and redistribute them to new addresses, in order to conceal the flow of funds. Recently, the group moved 120 million TRX, worth about $38.78 million, and then carried out further distribution.
- [10-31 05:52] Huobi HTX launches "Warm Winter Companion" special earn campaign: subscriptions enjoy a 10% annualized subsidy (PANews)
PANews, October 31 news: According to an official announcement from Huobi HTX, Huobi Earn will launch the "Warm Winter Companion" special campaign at 15:00 (UTC+8) on October 31. During the campaign, users who subscribe to 7-day fixed-term products for BTC, ETH, TRX, USDT, USDC, USDS, and USDD can enjoy a high annualized subsidy of 10%, with a total subscription quota of up to $100 million, first come, first served.
- [10-31 01:30] Binance attacker moves 120 million TRX, worth about $38.78 million, splitting funds to obscure flows (Wu Shuo)
According to Onchain Lens monitoring, the Binance attacker recently moved 120 million TRX, worth about $38.78 million, and then continued to distribute it to multiple addresses. Onchain Lens pointed out that the attacker is using automated transfers to repeatedly split funds, dispersing them into multiple wallets, then sending them back to previous addresses and redistributing them to new addresses, in order to obscure the flow of funds and increase the difficulty of tracking.