Morning Report | Bitcoin fell by 2% in the past 24 hours; after Binance resumed withdrawals, there was a net outflow of 5.8 billion USD in 24 hours
Overview of Important Market Events on November 2Compiled by: ChainCatcher
Data from the Past 24 Hours
Bitcoin is currently priced at $76,816, down 2% in the past 24 hours, with a high of $78,878 and a low of $76,705. Ethereum is currently priced at $2,253.29, down 1% in the past 24 hours, with a high of $2,317.84 and a low of $2,237.38. The current Crypto Fear and Greed Index is at 38, indicating fear, up 3 points from the previous reading. The S&P 500 closed at 7,541.40 points on November 2, down 0.5%. The Nasdaq Composite closed at 25,164.36 points on November 2, down 1.1%. The Dow Jones Industrial Average closed at 51,983.98 points on November 2, up 0.4%.
Important Events in the Past 24 Hours
1. Binance Experiences a Net Outflow of $5.8 Billion in 24 Hours After Resuming Withdrawals
Crypto exchange Binance reported a net outflow of $5.8 billion in the past 24 hours, according to DefiLlama data, after resuming withdrawals. Binance stated that it began resuming withdrawals at 6:00 UTC on Sunday and processed $4.6 billion in withdrawals, while approximately $1 billion was deposited during the same period, resulting in a net outflow of $3.6 billion. Binance noted that the withdrawal volume has slowed and stabilized after an initial increase, with the outflow representing a small portion of its approximately $171 billion in assets. An update from Binance at 12:36 UTC indicated that withdrawals for tokens on 15 networks, including Bitcoin, Ethereum, BNB Smart Chain, and XRP Ledger, have been opened, and more assets and networks will continue to be restored in phases.
2. Malicious Application Appears in Solana Mobile dApp Store
Solana Mobile posted on the X platform that a malicious third-party application named "SKR Claim" was submitted to the Solana dApp Store. The attacker modified the App Spotlight and Quests interface after unauthorized access to the dApp publishing portal, and the application requested users to enter their mnemonic phrases. The application was removed about an hour after being showcased in the dApp Spotlight and is currently being removed from installed devices. The team has fixed the vulnerability that allowed linking to incompletely published applications and reminded users that Solana Mobile will never ask for mnemonic phrases or crypto assets, nor will it require users to connect wallets to receive airdrops.
3. POAP Founder Sells 2,000 ETH
Patricio Worthalter, founder of the proof-of-attendance protocol POAP, sold 2,000 ETH on-chain, converting it to 4.53 million USDC at an average price of $2,269. Subsequently, the USDC was transferred to a wallet address previously marked as an ancient whale for ICO, 0x95A…C2C7f.
4. Hong Kong Securities and Futures Commission Plans to Develop Cybersecurity Framework
The CEO of the Hong Kong Securities and Futures Commission, Ashley Alder, stated at the Hong Kong FinTech Week 2026 that the commission plans to develop a cybersecurity framework for licensed institutions and impose higher requirements on higher-risk institutions to enhance their ability to withstand AI-driven cyber threats. Alder also mentioned that Hong Kong institutions are at the forefront of tokenization, and tokenization must bring substantial economic benefits to the market to achieve scalable development.
Meme Popularity Rankings
According to data from the meme token tracking and analysis platform GMGN, as of November 3, 08:00
The top five popular tokens in the past 24 hours for ETH are: DacityCoin, GTA6, CTM, Anakin, MINIMAL
The top five popular tokens in the past 24 hours for Solana are: CAPY, DJT, PEACE, STONK, Slingoor
The top five popular tokens in the past 24 hours for Base are: AXIS, AERO, XDP, NVDAc, SOL
The top five popular tokens in the past 24 hours for BSC are: BNCB, I rely on, SAFU, Pearl Coin, JAGENT
What Are the Must-Read Articles in the Past 24 Hours?
OpenAI and Claude's New Flagships Unveiled on the Same Day!
OpenAI is conducting a gray test of GPT-6.2 Astra in the Codex backend, while the source code for Claude Mythos 5.5 and Fable 5.5 appeared early on Anthropic's official website; the two new flagships were suspected to be unveiled on the same day, with the three giants of Silicon Valley facing off in November.
The Token Issuance Game Has Been Ruined: Only Two Paths for Tokens to Survive in the Future
The crypto token issuance game has been thoroughly conquered, and in a speculative downturn where the average holding time is only a few seconds, only two types of tokens can traverse the cycle to become long-term assets.
Coding Can Be Left to AI, But Who Can Handle Domain (Security)?
On October 31, over a dozen DeFi websites were hijacked; the code was not altered, but the domain pointing was changed. AI has made coding and launching increasingly easier, but few consider where domain registration is, who can modify it, and who holds the keys.
The AI craze is facing a triple attack from the bond market, earnings reports, and political risks: financing thresholds are raised, the bond market for AI cloud companies is nearly closed; capital expenditures for tech giants surge, free cash flow deteriorates, and stock prices are under pressure; with midterm elections approaching, opposition voices against data centers may push for tighter regulations.
Hong Kong FinTech Week 2026: The 10 Companies I Am Most Concerned About
The 11th Hong Kong FinTech Week has opened. From Futu, Visa, and Mastercard to Ant International, Standard Chartered, HSBC, and OSL, 10 companies are bridging the gap between traditional finance and crypto.
Risk warning Risk warning
