BREAKING
Nov 9A Web3Auth Flaw Exposed Keys to 44,700 Keplr Wallets. Some of the "Attacker" Wallets Draining Them Turned Out to Be Web3Auth's Own●Nov 8MEXC's Terms Banned Iran. FinCEN Says It Moved $1B Directly With 40+ Iranian Exchanges, and Now the US Is Cutting It Off●Nov 6Crypto Spent $56M, a Third of Its Midterm War Chest, to Keep Sherrod Brown Out of the Senate. He Won by Nearly 5 Points●Nov 5Circle Says Revenue Grew 17%. Take Out the $182M It Made Selling Its Own Token and Revenue Shrank. It's Also Cutting 5% of Staff●Nov 4$133M Just Walked Out Through Kraken, Crypto.com and OKX. Nobody Has Admitted Being Robbed, and ZachXBT Thinks a European Institution Is Covering It Up●Nov 3Mercado Bitcoin Says There Was 'No Loss to Customers'. The Attacker Still Reached 27,160 Customer Deposit Addresses and Walked Off With About $46M●Nov 2A 10 ETH Bug Did What the FBI Asked For. THORChain Accidentally Locked North Korea Out of Its Favorite Laundering Route●Nov 1The FBI Asked Crypto to Block 600+ Addresses Tied to the Binance Hack. Chainalysis Says North Korea Is Already Using Thousands●Oct 31Binance Blamed One Laptop. A Day Later It Found 'Additional Points of Breach', and the Hacker Had Been Rehearsing for 36 Hours●Oct 30Binance Says 'No Wallet Private Key Leak.' It Didn't Need One: A DevOps Engineer's Laptop Moved $6.3 Billion●Nov 9A Web3Auth Flaw Exposed Keys to 44,700 Keplr Wallets. Some of the "Attacker" Wallets Draining Them Turned Out to Be Web3Auth's Own●Nov 8MEXC's Terms Banned Iran. FinCEN Says It Moved $1B Directly With 40+ Iranian Exchanges, and Now the US Is Cutting It Off●Nov 6Crypto Spent $56M, a Third of Its Midterm War Chest, to Keep Sherrod Brown Out of the Senate. He Won by Nearly 5 Points●Nov 5Circle Says Revenue Grew 17%. Take Out the $182M It Made Selling Its Own Token and Revenue Shrank. It's Also Cutting 5% of Staff●Nov 4$133M Just Walked Out Through Kraken, Crypto.com and OKX. Nobody Has Admitted Being Robbed, and ZachXBT Thinks a European Institution Is Covering It Up●Nov 3Mercado Bitcoin Says There Was 'No Loss to Customers'. The Attacker Still Reached 27,160 Customer Deposit Addresses and Walked Off With About $46M●Nov 2A 10 ETH Bug Did What the FBI Asked For. THORChain Accidentally Locked North Korea Out of Its Favorite Laundering Route●Nov 1The FBI Asked Crypto to Block 600+ Addresses Tied to the Binance Hack. Chainalysis Says North Korea Is Already Using Thousands●Oct 31Binance Blamed One Laptop. A Day Later It Found 'Additional Points of Breach', and the Hacker Had Been Rehearsing for 36 Hours●Oct 30Binance Says 'No Wallet Private Key Leak.' It Didn't Need One: A DevOps Engineer's Laptop Moved $6.3 Billion●
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The Weekly Grind (Nov 3–Nov 9): $133M Vanishes, Web3Auth's Shocking Key Leak

The Weekly Grind (Nov 3–Nov 9): $133M Vanishes, Web3Auth's Shocking Key Leak

November 9, 2026 · 2 min read · 328 words

The Weekly Grind (Nov 3–Nov 9): $133M Vanishes, Web3Auth’s Shocking Key Leak

This week, the crypto world was rocked by massive security breaches and regulatory smackdowns. From $133M mysteriously disappearing to Web3Auth’s massive key leak, it’s clear that both security and compliance are critical pain points. Meanwhile, the job market is seeing shifts as companies like Circle make cuts.

The Big Stories

  • $133M Just Walked Out Through Kraken, Crypto.com and OKX — ZachXBT flagged $133M in outflows, suspecting a cover-up by a European institution. Kraken and Crypto.com are blocking funds, but the victim remains silent. Read more.

  • A Web3Auth Flaw Exposed Keys to 44,700 Keplr Wallets — A flaw in Web3Auth exposed private keys, affecting 44,700 wallets. Keplr suspended Google and Apple logins, while Web3Auth itself was sweeping vulnerable accounts. Read more.

  • FinCEN Cuts Off MEXC After $1B in Transfers Linked to Iran — FinCEN blocked US financial institutions from dealing with MEXC, alleging $16.7B in illicit flows involving Iran and other sanctioned parties. Read more.

  • Circle’s Revenue Grows 17%, But Cuts 5% of Staff — Circle announced a 17% revenue increase, largely due to a one-off token sale. Without it, revenue shrank, prompting a 5% staff reduction. Read more.

By the Numbers

  • $133M: Total funds unaccounted for across Kraken, Crypto.com, and OKX.
  • 44,700: Keplr wallets affected by the Web3Auth key leak.
  • $56M: Spent to unseat Sherrod Brown, who won by nearly 5 points.
  • 5%: Staff reduction announced by Circle.
  • $16.7B: Alleged illicit flows involving MEXC and sanctioned entities.
  • $46M: Funds accessed in the Mercado Bitcoin breach.

What This Means for Crypto Jobs

The crypto job market is seeing mixed signals. While Circle is cutting 5% of its workforce, there is still high demand for security experts and compliance officers as breaches like Web3Auth’s and Mercado Bitcoin’s highlight the need for robust security protocols. Marketing roles, especially those tied to new token launches, remain lucrative, with salaries ranging up to $300,000.

Find your next crypto role at cryptogrind.com.

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weekly-roundupsecurity-breachcrypto-exchangecrypto-jobscrypto-market

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