According to GCSA, the Global Cybersecurity Standards Alliance disclosed multiple security risks affecting digital asset platforms on November 5. Attackers exploited a cross-period settlement logic flaw in the Avalanche-based TranchePool vault, using flash loans and repeated withdrawals to transfer approximately 1.134 million USDC within 202 seconds. GCSA also revealed phishing attacks targeting KuCoin users and supply chain risks affecting Bitkub's development tools. The Avalanche incident is classified as an application-layer vulnerability with no impact on the underlying network.

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