The total stablecoin market capitalization has declined by 6% from $280 billion in April to $263 billion currently, reflecting reduced liquidity in crypto markets. Binance's Tether (USDT) reserves have shrunk by 7.8% over the past 30 days to about $34.78 billion, partly due to a recent $3 billion hack and ongoing withdrawals. This reduction in stablecoin reserves limits trading capital, potentially putting downward pressure on crypto prices like Ethereum. Meanwhile, Solana is seeing a surge in stablecoin usage for daily transactions, with card spending reaching a record $141 million in October, showing strong network demand despite broader market weakness.
Solana price is Rp1.668.494 with a slight 0.40% drop as of Nov 04, 2026 11:21 WIB on Pluang. Ethereum trades at Rp41.089.971, up 0.63%, showing resilience despite stablecoin liquidity tightening. Binance Coin is down 1.04% at Rp12.469.231, with strong buy interest on Pluang, reflecting cautious market sentiment amid stablecoin supply decline.
An attacker exploited a flash loan to manipulate CoreVault's price oracle on BNB Smart Chain, allowing them to redeem 33 times the value they should have, draining 160.26 BNB (about $112,200) from the protocol's InsurancePool. This pool is meant to c...
Binance has not yet conducted its usual monthly burn of Luna Classic (LUNC) tokens for November, a process that has been consistent since March 2023. The burn reduces token supply by destroying a portion of trading fees, benefiting holders by limitin...
Worldcoin (WLD) has fallen more than 17% this week, dropping from $0.58 to $0.36 due to large-scale selling by whales and exchanges, including Binance's recent token transfers. Capital flight is evident as Bridge deposits and total value locked (TVL)...
Binance's Secure Asset Fund for Users (SAFU), an emergency reserve, dropped from 15,000 BTC to 7,500 BTC after the exchange used it to cover a $6.3 billion hack. This fund now holds about $580 million, below the $800 million threshold in Binance's po...
An address linked to the Binance hacker deposited about $798,000 worth of Solana (8,567 SOL) into Privacy Cash, a mixer service, as part of laundering stolen funds from the $6.34 billion breach. Binance co-CEO Richard Teng said the exchange has reple...
