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TokenPost

Of the top 100 altcoins by market capitalization in 2021, 64 fell by more than 90% approximately five years later, with the median decline reaching 94.5%. While increased circulation contributed to the decline, it did not fully explain the price drop.

TokenPost

The Polkadot Treasury has lost approximately 1.85 billion KRW worth of DOT due to the exploitation of a vulnerability in the XCM executor. This vulnerability occurred between October 24th and 26th, and no user funds were lost. The vulnerability has since been fixed, but the delay in its deployment to the mainnet is believed to be the cause of the incident.

TokenPost

The Polkadot Treasury has incurred an estimated loss of approximately $1.38 million due to a vulnerability exploit in the XCM executor. The attacker manipulated the issuance of the stablecoin dotUSD, distorting the price of the DOT/dotUSD pool. However, no user funds were lost, and the issue has been resolved through a runtime upgrade.

TokenPost

Polkadot is pushing for a plan to reduce the number of active validators from 600 to 320 by the end of the year. Along with the reduction in the number of validators, the reward system will also be adjusted, aiming to increase network efficiency.

Binance News

Binance is gradually reopening withdrawals for a new batch of assets, starting Nov. 3, focusing on BSC, Ethereum, and Solana networks. Deposits remain unaffected, and Binance will cover losses from stolen funds.

TokenPost

Polkadot (DOT) fell 2.01% in 24 hours, trading at $0.97 on Binance spot. Technical indicators showed weakness, and the futures market did not see a high proportion of buys. Supply adjustments occurred, but market impact was limited.

TokenPost

In the altcoin spot ETF market, ZEC recorded net inflows, while SOL showed net outflows for three consecutive trading days. XRP, Dogecoin, LINK, AVAX, HBAR, LTC, DOT, BNB, TRX, NEAR, etc., maintained a stable trend.