DOT Plunges Below $1.15 Amid Market Turbulence

DOT's price has fallen below $1.15, dropping over 6% in 24 hours amid high volatility. This follows a security incident on the Polkadot network involving abnormal token minting and selling pressure. Market caution is advised.

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Upbit Halts DOT Deposits & Withdrawals Amid Polkadot Network Security Concerns

South Korean crypto exchange Upbit has temporarily suspended Polkadot (DOT) deposit and withdrawal services, including the AssetHub network, due to suspected security issues on the Polkadot network. The suspension began immediately and will remain until network stability is confirmed. Processing of pending transactions will resume after services are restored.

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Decentralized Trading Platform Introduces Refund Policy to Address Token Distribution Concerns

A Perp DEX trading terminal supported by YZiLabs has introduced a refund option for its token airdrop following community feedback. Users can burn their entire airdrop allocation within 48 hours post-TGE to receive a refund of the platform's net fees. The refund covers only the platform's portion, excluding third-party protocol charges. The decision to hold or refund is entirely user-driven.

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Major On-Chain Move: Mysterious Whale Scoops Up 120M BNBLife, Holds 11.7% of Supply as Price Skyrockets 600% in Two Weeks

On-chain data reveals multiple addresses likely under the same control have withdrawn nearly 117 million BNBLife tokens from Binance, representing 11.7% of the total supply. This massive accumulation, valued over $21 million, coincides with the token's staggering 600% price surge from $0.037 to $0.22 in just two weeks, raising significant market speculation.

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