【2026.10.31 · Web3 On-Chain & Crypto Asset Briefing】
【Key Takeaway】
Binance’s $6.34 billion hacking crisis triggered an extreme stress test. The platform’s full backstop and $3 billion freeze prevented contagion across balance sheets. After $1.6 billion in liquidations across the market, Bitcoin found strong support at its 100-day moving average of $76,139 and reclaimed $78,000. Continued net inflows into spot ETFs underscore its resilience.
【Key 24H Moves & Event Breakdown】
• New Ethereum proposal would let wallets permanently disable the EIP-7702 delegation feature: This operation is irreversible. Unlike simply clearing an existing delegation, it can prevent an account from authorizing smart contract code to act on its behalf again in the future.
• Threshold Network pauses tBTC minting and new redemption requests for security maintenance: Threshold Network announced that, as a precaution during security maintenance, it has temporarily halted new BTC deposits, tBTC minting, and new Bitcoin redemption requests through the Threshold app.
• Bitcoin tests key support amid concerns over Binance’s security: Bitcoin traded to a new low, putting its 100-day moving average at $76,139 in focus.
【Strategic Allocation】
Maintain a cautiously bullish near- to medium-term outlook, with a tactical focus on defending and counterattacking. For spot, consider buying at 7600...
Access the exclusive channel via the pinned post on the homepage #Web3 #Crypto #BTC
【Key Takeaway】
Binance’s $6.34 billion hacking crisis triggered an extreme stress test. The platform’s full backstop and $3 billion freeze prevented contagion across balance sheets. After $1.6 billion in liquidations across the market, Bitcoin found strong support at its 100-day moving average of $76,139 and reclaimed $78,000. Continued net inflows into spot ETFs underscore its resilience.
【Key 24H Moves & Event Breakdown】
• New Ethereum proposal would let wallets permanently disable the EIP-7702 delegation feature: This operation is irreversible. Unlike simply clearing an existing delegation, it can prevent an account from authorizing smart contract code to act on its behalf again in the future.
• Threshold Network pauses tBTC minting and new redemption requests for security maintenance: Threshold Network announced that, as a precaution during security maintenance, it has temporarily halted new BTC deposits, tBTC minting, and new Bitcoin redemption requests through the Threshold app.
• Bitcoin tests key support amid concerns over Binance’s security: Bitcoin traded to a new low, putting its 100-day moving average at $76,139 in focus.
【Strategic Allocation】
Maintain a cautiously bullish near- to medium-term outlook, with a tactical focus on defending and counterattacking. For spot, consider buying at 7600...
Access the exclusive channel via the pinned post on the homepage #Web3 #Crypto #BTC
