ETH Daily Report: October 31, 2026 Key News and Updates
Over the past 24 hours, Ethereum-related news has centered on fund flows, security incidents, and ecosystem developments. Ethereum spot ETFs saw a net outflow of $156 million yesterday, marking 5 consecutive trading days of net outflow. The Binance $6.3 billion theft incident continues to play out; some analyses link Ethereum's permission mechanism to this fund drain. Binance says it has backfilled about 90% of the affected assets and published a proof-of-reserves snapshot; about $2.8 billion has been frozen, while about $2.9 billion remains in the attacker's addresses. zkLink was attacked due to a transient storage vulnerability, losing about $783,000. On the technical side, Wu Blockchain's October monthly report mentioned the Alpenglow launch, the Glamsterdam delay, and accelerated post-quantum migration. In trading, an address that had previously shorted ETH with 25x leverage has closed its position, earning $692,000 over five days.
October 31, 2026 ETH Asset News Roundup
- [10-31 14:36] Binance: 90% of stolen asset losses now covered (Wu Blockchain)
Binance published a security incident update, announcing that 90% of the stolen asset losses have now been covered. Ten major tokens including BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have achieved 100% full reserve backing, and the remaining 10% of less liquid assets are being continuously repurchased and topped up through public markets and OTC channels. The sources of this round of fund replenishment include: deploying part of the Investor Protection Fund (SAFU), reallocating part of the futures insurance fund balance that exceeds regulatory and