Binance said it is investigating a potential security issue after large outflows from its hot wallets, which on-chain trackers cited by CoinDesk and others put at roughly $5.5 billion to $5.8 billion. Binance said user funds are safe.

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Strategy could create up to $30 billion in digital credit from its existing balance sheet to fund more Bitcoin purchases, executive chairman Michael Saylor said on the third-quarter earnings call.
The Bank of Japan kept its policy rate at around 1.25 percent in an 8-1 vote and raised its fiscal 2027 inflation forecast to 2.6 percent, saying underlying inflation is generally consistent with its 2 percent target.
U.S. stocks closed lower on Thursday as Alphabet sank 12% after its third-quarter results, pulling the Nasdaq down 1.38%. The S&P 500 fell 0.3% and the Dow lost 132.54 points.
Reuters reported that Kalshi wrapped a $1 billion Series G round at a $40 billion valuation while non-sports markets surpassed $1 billion in annualized revenue. The milestones coincide with new NBA and S&P Dow Jones Indices ties even as Utah and the CFTC pursue separate actions over sports contracts.
European Central Bank President Christine Lagarde will step down on February 7, 2027, about nine months before her eight-year term was due to end, the ECB said Thursday. European Council President António Costa said the process to appoint her successor under Article 283 of the EU treaty begins immediately. No successor has been named.