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Binance plans phased withdrawal restart, with proof of reserves due by Nov. 2

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In its second incident update on Oct. 30, Binance said it aims to begin restoring withdrawals in stages within roughly 34 hours, once security checks are complete, and will publish full proof-of-reserves results by Monday, Nov. 2. The exchange says about $3 billion of the stolen assets is frozen on-chain, while Elliptic's independent tally stood at $2.84 billion. Source: Bitcoin.com News

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Coinbase converts 14 non-MiCA stablecoins for EEA retail users, including USDT

Coinbase carried out a one-time conversion on Oct. 30 of 14 stablecoins that lack MiCA authorization, among them USDT, PYUSD, USD1 and DAI, swapping remaining EEA retail balances into USDC or another supported asset at market rates. Tokens sent to Coinbase after the cutoff will not be credited; the exchange noted that MiCA's transition period for issuers ended July 1 without extension. Source: Unchained

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