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According to documents from the United States District Court for the Northern District of California, Sun Yuchen and two co-plaintiffs have applied for sanctions against World Liberty Financial and its attorneys, seeking approximately $264,000 in attorney fees and costs. The plaintiffs allege that World Liberty made false disclosures regarding its citizenship in the litigation.The plaintiffs claim that World Liberty initially only disclosed its citizenship in Florida, and nearly three months later supplemented its disclosure to include 22 members in its ownership chain, with citizenship also including places like the UAE. World Liberty's attorneys subsequently argued that, since both parties in the litigation have foreign entities, the federal court lacks jurisdiction.The amount requested involves attorney fees and costs related to the plaintiffs' opposition to mandatory arbitration. The plaintiffs stated in the documents that they would have to refile in California state court; a hearing on the sanctions application is scheduled for December 10.

Crypto journalist Eleanor Terrett published an article summarizing the key results of the U.S. midterm elections, stating that the outcomes are generally unfavorable for the Republican Party and the crypto industry. She pointed out that despite over $64 million invested by the crypto industry, it was unable to prevent Sherrod Brown from returning to the Senate, where Brown may gain a leadership position on a committee with jurisdiction over crypto issues. Sherrod Brown previously served as the chairman of the Senate Banking Committee and holds significant influence over legislation and regulation of digital assets.Eleanor Terrett noted that Brown is cautious and even skeptical about crypto, emphasizing that consumer and investor protection should take priority. He advocates for enhanced information disclosure, segregation of customer assets, combating conflicts of interest, and anti-money laundering measures, opposing industry-led lax legislation. While he does not outright reject reforms on stablecoins and market structure, he insists that the regulatory framework must become stricter and not dilute the standards of traditional financial markets.Additionally, pro-crypto representatives Bryan Steil, Zach Nunn, and Ann Wagner were defeated, and Mike Lawler has conceded to Cait Conley, although the Associated Press has yet to make a final determination on New York's 17th congressional district. Kirsten Gillibrand, chair of the Democratic Senatorial Campaign Committee, helped the Democrats secure a Senate majority that exceeded expectations. After the Republican Party lost control of the Senate, Tim Scott is expected to transition from chairman of the Banking Committee to minority leader; the outcome in French Hill's district has not yet been determined, but it appears he may narrowly win and is expected to become minority leader, with the chairmanship taken over by Maxine Waters. Pete Ricketts won in Nebraska, and Andy Barr secured the vacant Senate seat in Kentucky, succeeding Mitch McConnell and potentially competing for a position on the Banking Committee.

According to Gelonghui, citing the China Academy of Information and Communications Technology, on November 4, a joint release of the "Self-Regulatory Convention for the Development of Intelligent Agents" was made by 20 entities including the China Academy of Information and Communications Technology, Huawei, Alibaba, Tencent, and Xiaomi.The convention mentions the construction of interconnected infrastructure for intelligent agents, co-building interoperable infrastructure, developing technologies and standards for intelligent agent registration and resolution, capability description and discovery, intent understanding and transformation, network routing and connection, resource scheduling and measurement, protocol compatibility and mutual recognition, continuously reducing the cost of cross-domain discovery and connection for intelligent agents, and supporting the interconnected collaboration of intelligent agents.The convention also mentions accelerating the empowerment of intelligent agents across various industries, adhering to serving the real economy, developing low-threshold tools for intelligent agent development and deployment, collaborating on research and development of intelligent agents aimed at real operational scenarios that create actual value, promoting the embedding of intelligent agents into existing production systems and business processes, creating benchmark applications, continuously reducing the cost of implementing intelligent agents, and assisting industries in improving quality and efficiency.

Binance co-founder CZ stated that such a large-scale hacking attack indicates a serious security failure. No platform can guarantee absolute security, but this cannot be an excuse.CZ mentioned that the public explanation simplified this attack, which seemed to have lasted for months or even years, targeting hundreds of employees and systems, with only a few specific targets ultimately breached. He believes that sharing details can help the entire industry learn lessons. As a shareholder, he hopes Binance will transparently disclose issues, take responsibility, listen to criticism, and make substantial improvements.

OnchainLens monitoring shows that a giant whale has cumulatively withdrawn about 303.86 BTC from Binance, worth approximately 23.4 million USD, and then transferred it through multiple wallets.

Base Security Committee member Toady Hawk announced on November 3rd via X that he has accepted the position of CEO at the token issuance platform Clanker, responsible for driving the platform's restart. He stated that Clanker is now managed by Mask Network, which is also the manager of Firefly and Lens Protocol, and has collaborated with the engineering team to promote the restart, with more arrangements to be announced later.Toady Hawk recalled that Clanker was born about two years ago on Farcaster, where users could post on the timeline and tag the platform to issue tokens. The platform later expanded to X and once became the highest trading volume token issuance platform on Base, with related communities including BNKR, DRB, and FAIR. He mentioned that the platform subsequently experienced changes due to early founder controversies, being sold to Farcaster, and the handover to Neynar, which affected it multiple times over the past 18 months. He also stated that he has been working independently since he was 17 and prefers to manage projects he personally founded, but has accepted this position.His listed priorities after taking office include: updating the brand while retaining its original features, improving external communication, and collaborating with the engineering team to align functionalities with current mainstream issuance platforms, covering stock trading pairs, new chain support, and an unnamed first-day support feature. Other matters include rebuilding trust between builders and the trading community, supporting early communities still under construction, and bringing new issuance activities back to the information flow. He also stated that he will assist in planning projects for issuing meme tokens, stock trading pairs, or application tokens, and collaborate with developers who wish to continue building based on the Clanker protocol. The official Clanker account responded on the same day, stating that the restart is in progress.

According to the market intelligence platform Liquid247.xyz, OKX perpetual BTC has about 200.16 buy orders placed at $77,399, with a nominal value of approximately $15.49 million, retracting about 0.06% from the mid-price of around $77,443 at that time.The total near-end market buy orders amount to approximately $37.08 million, while sell orders are about $16.08 million, resulting in a net buy of approximately $21.01 million, accounting for 39.52% of the total depth.

According to The Defiant, a group supported by Cboe has filed a lawsuit regarding the approval of individual stock perpetual contracts by the Commodity Futures Trading Commission (CFTC) and is seeking emergency relief to prevent the relevant contracts from being listed as securities futures.The lawsuit names Coinbase, Kalshi, and Bitnomial as defendants. Kalshi is a prediction market platform regulated by the CFTC, while Bitnomial operates a cryptocurrency derivatives trading business. The plaintiffs hope to intervene with emergency relief before the relevant contracts are officially listed.

As of 11 AM Eastern Time, all states in the U.S. have begun in-person voting except for Hawaii, which is expected to open polling stations in less than an hour. In New York's critical swing district, some voting machines in Westchester County have malfunctioned, while flooding in Florida has forced multiple polling locations to relocate temporarily.The Westchester County Board of Elections in New York stated that local voting machines are currently unable to read paper ballots, and voters can also choose to fill out ballots by hand. Republican Congressman Mike Lawler told CNN that he expects the related issues to be resolved soon. In Central Florida, 21 polling locations have been forced to relocate due to severe flooding, and the Secretary of State's office has confirmed this news.The U.S. Department of Justice has dispatched federal election monitors to several swing states and the largest cities and counties with higher Democratic support. Former President Obama released a new automated phone recording to campaign for Michigan Democratic Senate candidate Abdul El-Sayed as part of the final phase of election support efforts.

Sun Yuchen posted on platform X that his lawyer has applied for sanctions against World Liberty Financial (WLFI) because the company disclosed the UAE citizenship of its shareholders months after he filed the lawsuit.Sun Yuchen stated that he signed a token purchase agreement to buy $30 million of WLFI in November 2024, later increasing the total investment to $45 million, and filed a lawsuit against WLFI in April this year, accusing it of fraudulently inducing investment and illegally freezing his tokens. According to his token purchase agreement, the case can be filed in federal or state court in California, and he chose federal court.Sun Yuchen claimed that the disclosure documents submitted by WLFI at the beginning of the case only listed one entity of WLFI, registered in Florida, and then filed a motion for mandatory arbitration; during the August hearing, the court hinted that it did not recognize the arbitration claim and ruled that some demands would remain for public trial. Less than a week later, WLFI suddenly "corrected" the disclosure documents, increasing the number of members in the ownership chain from 1 to 22, and claimed to have citizenship in Florida, Delaware, Puerto Rico, and the UAE, thereby arguing that the federal court has no jurisdiction because both parties have foreign entities.Sun Yuchen pointed out that WLFI claims it "is not an offshore organization," is "a company that pays taxes in the United States," and "when selling tokens, it poses as a U.S. company, only to discover its UAE identity when trying to escape the U.S. federal court." He stated that after the sanctions motion is ruled on in federal court, he will refile the lawsuit in California state court.

According to Cointelegraph, Kraken has restricted accounts related to a suspected theft of over $133 million in cryptocurrency assets involving an unnamed institution in Europe, and is cooperating with law enforcement to recover the funds. Kraken stated that this incident did not originate from its platform, its security systems were not breached, and customer accounts were not compromised.Previously, on-chain investigator ZachXBT discovered that the suspected stolen amount increased by an additional $27 million from the previously disclosed $106 million. Bitquery data shows that approximately $62.98 million in stablecoins was exchanged for 27,553 ETH within about 4 hours. Kraken, Crypto.com, and OKX have all been reported to be involved in the related fund flows, with Crypto.com taking measures to prevent the related funds from being transferred through its platform, while OKX stated that it is investigating.As of the reporting time, approximately $78.3 million remains in wallets associated with the attackers, while about $30.5 million has been transferred out. The identity of the victims and ZachXBT's speculation about a large financial institution in Western Europe being attacked and attempting to cover up the incident have not been confirmed.

Former White House Communications Director and founder of SkyBridge Capital, Anthony Scaramucci, stated in an interview with CNBC on Tuesday that President Trump will face a "crushing defeat" in the midterm elections, and he himself knows he will face a crushing defeat.Scaramucci added that voters only have one chance to vote and one opportunity to gauge the satisfaction with the President of the United States, which is during the midterm elections, and currently, people are not satisfied. He mentioned that Trump promised to make the cost of living affordable, to stop being involved in endless wars, and to publicly address the Epstein files, but none of these promises have been fulfilled. As a result, many people within the MAGA camp are increasingly distancing themselves from him. Scaramucci served as the White House Communications Director for just 10 days in 2017 during Trump's first term.

According to a report by the Science and Technology Innovation Board Daily on November 3, reporters learned from multiple industry chain insiders that the artificial intelligence company DeepSeek's next-generation large model, DeepSeek V5, plans to be trained based on Huawei's Ascend chips. Previously, the Ascend chips were mainly used for inference tasks of the DeepSeek large model.The report stated that at the end of September this year, DeepSeek open-sourced infrastructure components for the Huawei Ascend computing power platform, covering the TileLang high-level language compilation tool, computing libraries, and distributed communication libraries, which correspond one-to-one with the previously open-sourced components for the NVIDIA platform. The report was written by Huang Xinyi, a reporter for the Science and Technology Innovation Board Daily.

According to Binance, as of 11:00 Beijing time, the platform's hourly deposits have exceeded withdrawals, reflecting an improvement in user activity and a stabilization of capital flow.Binance's accompanying image shows that during the statistical period from 14:00 on November 1 to 12:00 on November 3, the total recharge was approximately 5.695 billion USD, withdrawals were approximately 10.97 billion USD, and the total net outflow was approximately 5.276 billion USD.

Binance released security incident recovery update #6, announcing that starting from November 3 at 12:00 PM (Beijing time), the withdrawal function for more assets will be gradually reopened in batches, involving networks such as BSC, ETH, SOL, XRP, TRON, Arbitrum, Optimism, Base, etc. Supported assets include BTC, ETH, XRP, SOL, DOGE, ADA, LINK, SHIB, USD1, FDUSD, and others.Binance stated that not all assets will be immediately available for withdrawal, and the recovery will be gradually restored based on security checks and readiness. Due to high traffic, there may be delays or extended processing times during the initial withdrawal phase. Binance emphasized that the platform will bear all economic losses caused by this security incident and will not pass the losses onto users.

According to Catcher Predict monitoring, the "Yes" option win rate for the sub-market "Kelly Oubre Jr.: Assists O/U 3.5" in the "Hawks vs. Pacers" event on the Polymarket has experienced significant fluctuations, soaring from 22.5% an hour ago to the current 47.5% (a fluctuation of 25%). Please note the impact of related breaking news.

Coinbase's legal personnel stated that New Jersey has withdrawn the staking lawsuit against the company and lifted the injunction. The company's CEO indicated that local users will soon be able to participate in staking again.

According to Catcher Predict monitoring, in the Polymarket event "Bears vs. Seahawks," the "Bears" option in the sub-market "3Q Spread -7.5" has experienced significant fluctuations in winning probability, soaring from 8.5% an hour ago to the current 35% (a fluctuation of 26.5%). Please note the impact of related breaking news.

Binance has issued a security reminder stating that withdrawal services are being restored in phases, and criminals may take this opportunity to commit fraud. They may impersonate Binance through private messages, emails, group chats, or even in the notes of small transfers, claiming they can help you "accelerate withdrawals," "prioritize processing," "receive compensation," or transfer your assets to a so-called "Binance vault."To ensure the safety of your assets, please remember that Binance will never: proactively contact you to inquire about your account or funds; offer or sell priority slots in the withdrawal queue; charge fees under the pretext of unlocking a network or asset; ask you to connect your wallet, sign authorization, or transfer funds to "unlock" withdrawals; request you to connect your wallet, sign or authorize any operation, or transfer funds to "unlock" withdrawals; ask you to transfer assets to any "vault," "secure account," "custodial wallet," or address provided by others; send links related to "qualification verification," "status inquiry," or "compensation collection"; ask for your password, 2FA verification code, or mnemonic phrase; guide you to unofficial websites to check proof of reserves (PoR); or offer paid "asset recovery" services.Do not connect your wallet or sign or authorize any unknown requests casually. These actions may grant third parties access to or the ability to transfer your assets. Once malicious authorization or transactions are completed, your assets may be at risk of theft, and related on-chain transactions are usually irreversible. If your withdrawal is still being processed, please check the progress within the Binance App. Do not trust anyone claiming they can pay to accelerate withdrawals, purchase priority processing qualifications, or complete withdrawals in advance through other means.