Morning Report | Bitcoin rose 1% in the past 24 hours; Binance completed the transfer of 7,499 BTC from the SAFU fund

Compiled by: ChainCatcher

Data from the Past 24 Hours

Bitcoin is currently priced at $78,354, up 1% in the past 24 hours, with a high of $78,422 and a low of $77,517.

Ethereum is currently priced at $2,275.31, up 0.9% in the past 24 hours, with a high of $2,278.00 and a low of $2,247.84.

According to Coinglass, the Crypto Fear and Greed Index is at 35, indicating fear, up 4 points from the previous reading.

Important Events in the Past 24 Hours

1. Binance Completes Transfer of 7,499 BTC from SAFU Funds

Binance officially announced that its transfer of SAFU funds has been completed, involving a large transfer of 7,499 BTC, worth approximately $581 million. Previously, Whale Alert detected this BTC being transferred from Binance SAFU to an unknown wallet, and Binance confirmed the connection of this transfer to the SAFU funds transfer.

2. USDC Treasury Mints 250 Million USDC on Solana Chain

According to Whale Alert, the USDC Treasury has minted 250 million USDC on the Solana chain, valued at approximately $250 million.

3. North Korean-Linked Address Bridges $38 Million via RelayProtocol

On-chain detective Specter detected that a North Korean-linked address transferred over $38 million through the Relay cross-chain bridge within 7 hours, with related transfers still ongoing. Although Relay stated that a transaction monitoring system has been enabled, it failed to prevent the aforementioned fund flow.

4. SOON Foundation Suspends svmBNB Cross-Chain Bridge with Mainnet

The SOON Foundation, associated with the SVM Rollup project, announced that it has temporarily closed the cross-chain bridge between svmBNB and the SOON mainnet. On October 31, 2026, around 11:00 UTC, abnormal withdrawal activities were detected on the cross-chain bridge, and the foundation immediately closed the bridge service after discovering the anomaly at 14:00 UTC that same day. The related cross-chain bridge has been controlled, and an in-depth investigation is underway.

Meme Popularity Rankings

According to the meme token tracking and analysis platform GMGN, as of November 2, 08:00

The top five popular tokens on ETH in the past 24 hours are: DacityCoin, GTA6, CTM, SI, BEAM

The top five popular tokens on Solana in the past 24 hours are: SIS, Anakin, KIM, BTC, uni

The top five popular tokens on Base in the past 24 hours are: XDP, AERO, AXIS, SOL, ELSA

The top five popular tokens on BSC in the past 24 hours are: BNCB, SA, JAGENT, Cocoon, FAGENT

What Are Some Must-Read Articles from the Past 24 Hours?

The Hacker Paid $119 Million in "Panic Tax," You Probably Haven't Heard of the Person Who Took the Money

These builders made a record profit in a day, packaging the hacker's exchanges into blocks.

The Eve of the AI Bubble Burst

Technology keeps changing, but human nature remains the same.

With the U.S. Midterm Elections Approaching, Here's Goldman Sachs' Trading Guide

The betting market has raised the probability of the Democratic Party sweeping both houses of Congress to 67%, and Goldman Sachs has released an election trading manual in advance. The core logic is not to bet on policy dividends but to capture changes in regulatory winds: go long on healthcare, renewable energy, residential builders, and non-defense government spending beneficiaries, while shorting large pharmaceutical companies, defense, cryptocurrencies, and some large tech stocks, while being wary of the risk of power cost transfer for AI data centers.

a16z Rethinks KYC: Institutions Embrace On-Chain, No Need to Be Stuck in Traditional KYC Frameworks

Traditional identity verification is hindering institutions from entering on-chain.

Binance's $6.3 Billion Hacker Traced to TraderTraitor, What's the Connection to Lazarus?

Early attacks on banks later found that cryptocurrency was a faster way to make money.