Daily Brief ·

Fear & Greed Falls to 26 as Tron Records $375.3M Net Outflow

Sentiment slid deeper into Fear and total market cap slipped while majors edged higher, as capital moved toward Ethereum lending and stablecoin venues and exchange-security headlines dominated the news.

Total market cap $2.63T -2.29% 24h
BTC $77,589 +0.67% 24h
ETH $2,295 +1.66% 24h
SOL $93.28 +1.31% 24h
BTC dominance 59.26% ETH 10.65%
Fear & Greed 26 Fear -11 pts vs yesterday

01 The Daily Pulse

  • The Fear & Greed Index dropped to 26 (Fear) from 37 yesterday and 48 a week ago, and total market cap slipped 2.29% to $2.63T, even as BTC, ETH and SOL posted 24-hour gains of +0.67%, +1.66% and +1.31%, a divergence that leaves the majors' weekly changes negative across the board.
  • Ethereum was the main large chain to draw net inflows, at $178.7M, while Tron's net flow was -$375.3M and USDD's TVL change was -26.39% on the day, a pattern consistent with defensive positioning rather than broad risk appetite.
  • Security dominated the news flow: North Korea denied a role in the Binance hack after the FBI pointed to TraderTraitor CoinDesk, Mercado Bitcoin paused withdrawals after a breach The Block, and South Korea's president called for a national cybersecurity czar CoinDesk.

02 What Happened

North Korea denies role in Binance hack after FBI points to TraderTraitor

North Korea has denied involvement in the $6.4 billion Binance hack after the FBI pointed to the group known as TraderTraitor CoinDesk. CoinDesk, reporting the president's call for a cybersecurity czar, put the hack at $6.3 billion CoinDesk. The differing figures suggest the loss tally is still being reported. Attribution to a state-linked actor tends to shift the response from a single venue's incident toward national security policy, as South Korea's call for a dedicated official illustrates CoinDesk.

CoinDesk · also covered by Cointelegraph

NEAR governance approves cut to maximum annual issuance

NEAR's House of Stake passed HSP-029, lowering the network's maximum annual issuance rate from 2.5% to 1.6% over 24 months The Block. A lower issuance ceiling reduces the pace at which new tokens reach stakers and, ultimately, circulating supply, and shrinks the inflation subsidy that funds network security. The change comes as NEAR is among the day's listed top losers, at -2.72% over 24 hours and -16.89% over seven days.

The Block · also covered by CointelegraphNEAR

Mercado Bitcoin confirms security breach, pauses withdrawals; The Block puts losses at $46 million

Brazil's largest crypto exchange, Mercado Bitcoin, confirmed a security incident and paused withdrawals, with The Block putting the losses at $46 million The Block. A withdrawal pause is a common containment step that keeps user funds on the venue while the exchange establishes the scope of the breach. The incident is one of several exchange-security headlines today CoinDesk.

The Block · also covered by DecryptBTCUSDT

Liquid Network restores full bitcoin backing after September exploit

Liquid Network said its bitcoin reserves are back to full backing following September's $320 million exploit, with Blockstream providing the funds The Block. The recapitalisation addresses the reserve shortfall left by the exploit; the reports do not say how the exploit occurred.

The Block · also covered by DecryptBTC

Amazon, Tesla and SpaceX join objections to OKX–ICE tokenized stock plan

CoinDesk reports that Amazon, Tesla and SpaceX have joined objections to the OKX–ICE tokenized stock initiative as a deadline looms CoinDesk. Objections from the companies whose shares are referenced suggest tokenized equity products may face resistance from issuers, not only from regulators. Details of the deadline have not been reported.

CoinDesk

03 Supply Shock Radar Next 7 days

No unlocks in the next 7 days crossed the threshold (≥2.0% of circulating supply or ≥$5M).

04 Capital Rotation

Ethereum was the main chain to draw net inflows, at $178.7M, lifting its TVL 0.41% on the day to $44.0B, though it remains -3.60% on the week.

Also inside: TVL flows across 15 chains, the day's biggest protocol inflow (+23.50%, a Stablecoin Issuer protocol) and outflow (-26.39%, CDP), plus the top gainers and decliners.

Read the full capital rotation breakdown Paid subscriptions are coming soon. It opens to everyone 5 days after publication. Morning Brief: coming soon

05 Governance & Catalysts

2 DAO votes tracked. Free preview of the top one:

See all 2 proposals, what they'd change and when they close Paid subscriptions are coming soon. It opens to everyone 5 days after publication. Morning Brief: coming soon

06 On the Radar

4 things to watch this week. The first: “The Arbitrum Stylus activation vote closes Nov 05, 20:45…”

Get the full watchlist Paid subscriptions are coming soon. It opens to everyone 5 days after publication. Morning Brief: coming soon

General information only, not financial advice. Figures are sourced from DefiLlama, CoinGecko, Alternative.me, Snapshot and the publications linked above as of 2026-11-03 18:00 UTC.