BNB Defies Market Pullback as CZ Warns of AI Security Risks

BNB bucked the broader market pullback to gain 1.57% and trade at $746.27, while BSC total value locked reached $5.82B with a 9.03% increase over the past week. Changpeng Zhao (CZ) warned the community to 'Stay SAFU' as AI accelerates phishing and social engineering risks, while Binance announced bStocks dividend distributions for ASML and Nokia alongside token removals on Binance Alpha. Meanwhile, institutional stablecoin adoption gathered pace in Asia with HSBC introducing its HKD RedCoin stablecoin to millions of retail app users.

• BNB rose 1.57% over the past 24 hours to $746.27, outperforming BTC ($81,675.65) and ETH ($2,397.23).
• CZ posted that while AI does not need to break Bitcoin's cryptography, leaked data empowers AI-driven phishing and social engineering, urging users to 'Stay SAFU'.
• BSC TVL climbed to $5.82B, recording a 0.26% 24-hour gain and a 9.03% rise over the last 7 days.
• Binance scheduled cash dividend distributions for ASML Holding N.V. and Nokia Corporation via bStocks.
• Binance Alpha announced the removal of seven tokens: PTB, AA, OWL, DORA, ELIZAOS, MEMES, and 哭哭马.
• A hacker moved $744,000 in ETH and BNB to Tornado Cash after exploiting Cysic's bridge on BNB Smart Chain and ignoring a 10% white-hat bounty.
• US spot Bitcoin ETFs recorded $635M in daily net outflows, putting October aggregate net flows back in the red at -$175M.
• HSBC rolled out its retail Hong Kong dollar stablecoin, RedCoin, to more than 3 million users on its PayMe app.
• The Crypto Fear & Greed Index fell from 68 down to 50, entering neutral territory.