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Binance Research's latest report indicates that while institutional funds have significantly entered the cryptocurrency market, they are primarily flowing into passive Beta products (such as ETFs), and the actively managed sector has not kept pace.The core reason is not a lack of talent or returns, but rather the absence of a middle layer that connects funds with managers for discovery and verification. Currently, the funding sources for active cryptocurrency strategies still heavily rely on personal networks and conferences, lacking a standardized performance verification and benchmarking system.Research shows that 80% of asset allocators prioritize asset safety over historical returns, and verified trading platform data can significantly enhance due diligence. Managers believe that unverifiable performance and lengthy compliance reviews are the biggest obstacles to fundraising.Capital Connect data shows that directional strategies account for 44.3% of the total number of funds but hold only 6.7% of the capital; market-neutral, statistical arbitrage, and traditional multi-strategy funds make up less than half but attract 92.1% of the capital. The average single investment size from institutions in neutral strategies is about 11 times that of directional strategies.In October, BTC fell by 7.2%, with directional funds averaging a positive return of 1.9%, while neutral strategies recorded 1.0%. Binance Research concludes that institutional preferences and the introduction of traditional structures are driving the market towards maturity, but allocators remain highly selective. Only a comprehensive verification system and operational infrastructure can truly unlock the inflow of actively managed funds.

The new version of the "Supported Regional Policy" from the artificial intelligence company Anthropic will take effect on November 12. The new document specifies three categories of prohibited use of Claude, covering individuals, businesses, and users utilizing the model through overseas companies and third-party cloud platforms. As long as a person is in a non-supported region, they cannot use Claude; Americans using it during business trips in mainland China also violate the regulations. Even if a company is registered in the United States, if it is directly or indirectly controlled by individuals or businesses from non-supported regions, employees are similarly restricted, and it is not only those holding more than 50% of shares that will trigger this.The policy covers Claude.ai, Claude Code, Cowork, the official API, as well as Claude models provided by cloud platforms and authorized distributors. Calling the model through cloud platforms like AWS Bedrock does not mean that regional usage restrictions can be bypassed.As early as September 2025, Anthropic had already prohibited overseas companies controlled by businesses from non-supported regions like China from using Claude. This time, the policy clarifies the locations of individuals, the registration locations of businesses, and control relationships more explicitly. The official disclosure indicates that in the first half of 2026, a total of 11.4 million accounts were banned, with 398,000 appeals received, of which 42,000 successfully overturned the original decisions. The data covers various types of violations, not all of which involve regional restrictions. The system will identify risk signals from non-supported regions, unauthorized resale of Claude, and other issues, requiring relevant users to verify their identity; failure to verify will result in account suspension.

According to Decrypt, Jupiter, the largest trading platform on Solana, launched four new products this week, expanding from token trading to a one-stop on-chain asset platform, and announced a new mission to make global assets universally accessible and usable.Jupiter aggregates liquidity across the entire Solana network to provide optimal prices for each transaction, with a cumulative aggregated trading volume exceeding $1.3 trillion; according to data from DeFiLlama in early November, its total locked value in the ecosystem is approximately $1.7 billion, and the active loan size in the lending market has surpassed $1 billion. Chief Operating Officer Kash Dhanda stated that aggregation applies not only to trading but to all aspects.Among the four products, Baskets allows users to deposit a single SOL or USDC to purchase a basket of tokens without the need to exchange them one by one, which can be allocated and automatically rebalanced based on market capitalization weight or fixed targets. Jupiter Vaults serve as a yield strategy center, covering stablecoin lending and strategies supported by real-world assets, managed by independent curators rather than Jupiter itself. Users can view the risk status, fund allocation, and historical returns of each strategy before depositing. Vaults went live on November 11 as a private beta for over 19,000 waitlisted users and eligible stakers of JUP.The launched Portfolio V3 upgrades the portfolio page to an actionable interface, providing quick access to trading, opening perpetual contracts, forecasting, and lending, and sends alerts when positions approach liquidation, while also adding cross-chain transfer functionality that integrates multiple cross-chain bridges. Pulse and the revamped token page provide market data for tokenized stocks and ETFs, token economic models for DeFi projects, and a token comparison sidebar.The aforementioned products will be gradually launched before the Solana Breakpoint conference opens on November 15. Jupiter stated that all Vaults strategies carry risks, and some strategies may not be available in regions including the United States.

According to the "Science and Technology Innovation Board Daily," Ant Lingbo Technology has recently open-sourced the tactile foundation model LingBot-Touch. This model is pre-trained on nearly 5000 hours of real tactile data, covering three mainstream sensing principles: magnetic tactile, visual tactile, and piezoresistive.LingBot-Touch aims to convert signals from different sensors into the same set of tactile representations, allowing for reuse by various dexterous hands and motion models. This open-source initiative helps address current issues in the robotics field, such as the lack of standardization in tactile data and difficulties in cross-hardware generalization.

According to CoinDesk, Bitcoin traded below $75,000 on Tuesday morning as the market awaited the U.S. October CPI data. Economists expect the overall CPI to rise 0.3% month-over-month, with core CPI rising 0.2%, both slowing compared to September. Due to the U.S. government shutdown last October, the Bureau of Labor Statistics was unable to compile a complete index, so there is no year-over-year data this time.BRN analysts stated that any easing of inflation expectations would benefit risk assets, but Bitcoin needs real buying pressure. Until ETF fund flows turn positive and the Federal Reserve shifts to a dovish stance, the path of least resistance remains downward. Bitget Wallet analysts believe that moderate inflation data could trigger a brief rebound, but Bitcoin's sustained recovery depends on improved liquidity and spot demand. Analysts pointed out that if Bitcoin closes below $73,000 on a daily basis, it could trigger momentum selling down to $70,000; the $73,000 to $74,000 range is a key support zone, and reclaiming and holding above $80,000 would indicate increased demand.

The National Internet Information Office of China has launched the "Internet New Technology and New Application Information Service Filing System," which can integrate the filing of new technologies and applications such as generative artificial intelligence, algorithms, deep synthesis, and blockchain. The system officially went live on November 9, and the original "Internet Information Service Algorithm Filing System" and "Blockchain Information Service Filing Management System" have been simultaneously discontinued.

Web3Auth has published an update on the X platform regarding the asset recovery progress of the Keplr wallet security incident. The team, with the assistance of Keplr, is transferring assets from the affected wallets to a secure recovery wallet. Due to some recovery transfers being mistakenly identified as attacker activity, Web3Auth has released verified recovery wallet addresses, covering networks such as Cosmos Hub, Osmosis, Celestia, Akash, Noble, Injective, dYdX, Babylon, Axelar, Saga, Agoric, and EVM addresses spanning 8 chains.Web3Auth further stated that the relevant addresses are used for the secure transfer of affected assets and are not wallets controlled by attackers. More verified addresses will be updated in the future, and users are reminded to pay attention to official channel announcements and to be wary of scams impersonating official personnel and false asset recovery requests.

Bitcoin News posted on platform X that Square, under Jack Dorsey, is expected to complete a phased deployment on November 10, expanding Bitcoin payments to its network of over 4 million merchants.The deployment started on March 30, and eligible U.S. merchants will have Bitcoin payments automatically enabled without needing to apply. Customers can pay via the Lightning Network, with transactions settling in seconds; merchants will receive payments in USD by default but can choose to retain Bitcoin. Square will waive Bitcoin payment processing fees until December 31, 2026, after which a fixed fee of 1% will be charged; merchants can also automatically convert up to 50% of their daily sales revenue into Bitcoin.

According to Crypto Briefing, Utkarsh Ahuja, founder and managing partner of Moon Pursuit Capital, stated that the rebound of Bitcoin after the U.S. midterm elections remains a fragile relief rally rather than a confirmed recovery. He pointed out that the rise on Wednesday reflects relief buying and short covering after the elections eliminated some political uncertainty, but selling pressure returned on Thursday, quickly reversing the recovery. Bitcoin briefly reclaimed $80,000 on Wednesday, then fell to around $75,000 on Thursday.Ahuja believes that the market may have digested part of the probability of a Democratic victory, and continued weakness in November would not be surprising. He maintains a constructive outlook for the long-term, suggesting that if liquidity improves and institutional demand continues to return, Bitcoin could rise to the range of $120,000 to $150,000 by the end of 2027. He stated that to confirm a sustained recovery, it is necessary to observe spot buying, inflows into Bitcoin ETFs, and whether Bitcoin can reclaim lost ground and hold during pullbacks. He also mentioned that Democratic control of Congress could delay or reshape legislation such as the Clarity Act, but global liquidity, interest rates, and institutional demand are more important for Bitcoin's long-term trend.

ARK ETF Trust has submitted registration documents to the U.S. Securities and Exchange Commission, planning to launch 14 thematic ETFs covering areas such as artificial intelligence, robotics, biotechnology, and tokenized market infrastructure. The document is a preliminary prospectus dated November 6 and is intended to take effect 75 days after submission.Among them is the ARK Tokenized Market Infrastructure ETF. This fund aims to invest in companies that provide infrastructure for the tokenization of real-world assets and on-chain capital markets, including tokenization platforms, stablecoin issuers, exchanges, brokers, custodians, and settlement networks.The remaining products listed in the prospectus include the ARK Neobanks ETF, ARK Agentic Cyber Defense ETF, ARK Neoclouds ETF, ARK Frontier AI Labs ETF, ARK AI Agents ETF, ARK Orbital Data Centers ETF, ARK Robotaxis ETF, ARK Humanoid Robots & Physical AI ETF, ARK Brain Computer Interfaces & Surgical Robotics ETF, ARK Longevity ETF, ARK Peptides ETF, ARK AI Factory ETF, and ARK Functional Cures ETF. The relevant security codes have yet to be determined, and the U.S. SEC has not approved or disapproved these securities.

Google DeepMind posted on the X platform that it has released a new study demonstrating how AI agents can accelerate stress testing of cryptographic systems. Under human guidance, its model identified two significant vulnerabilities in the traditional 1024-bit RSA encryption system.DeepMind stated that modern 2048-bit systems are not affected by these specific vulnerabilities, but this work indicates that as the era of AI-driven mathematics and computation arrives, reliance on historical assumptions of computational difficulty can no longer be maintained, and continuous stress testing of cryptographic standards is essential.

Elon Musk stated that SpaceX will attempt to recover the "Super Heavy" booster and the "Starship" in the next flight. If both are successfully recovered, it will be the first time that all components of an orbital rocket return to Earth intact.

According to the official announcement, the Gate Gold Dog 7-day check-in sprint for the second phase activity will take place from November 6, 16:00 to November 13, 16:00 (UTC+8), with a total prize pool of 40,000 USDT. After users complete registration, trading in the Gold Dog special area for SOL chain tokens will allow them to participate in three exclusive activities for new users: daily check-ins and trading volume rankings, with buy and sell transaction volumes combined for calculation.During the event, new users of Gold Dog who accumulate a trading volume of 100 USDT will receive a 10 USDT fee rebate voucher; if a user's daily trading volume reaches 200 USDT, they will complete that day's check-in. Accumulating check-ins for 3, 5, and 7 days will correspond to rewards of 2, 4, and 7 USDT respectively, with each person only eligible to receive the final highest tier reward.Regarding the trading volume rankings, if a user's daily trading volume reaches 2,000 USDT, they can complete that day's sprint check-in. If they accumulate for 3 days and the total trading volume of the event reaches 10,000 USDT, they can participate in the rankings, with the top 500 sharing 20,000 USDT. If the top trading volume reaches 400,000 USDT, they will receive 2,000 USDT exclusively, while other ranked users will share the remaining prize pool based on their trading volume proportion, with a maximum of 50 USDT per person. Daily check-in and trading volume ranking rewards cannot be stacked; if both are met, the higher reward will be granted.

On November 6, the Japanese stock market saw active performance from certain individual stocks, with technology, consumer, and electronic components sectors leading the gains. According to the Gate platform's Japanese stock market data, the top three gainers are: Data Section (3905) up 8.86%, currently at $10.19; Japan Tobacco Inc. (2914) up 5.44%, currently at $49.10; and Sun Electronic (6976) up 3.49%, currently at $42.92.Gate's stock trading services have covered five major markets: US stocks, Hong Kong stocks, Korean stocks, Japanese stocks, and Taiwanese stocks, supporting over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, over 1,000 Korean stocks, about 300 Japanese stocks, and 19 Taiwanese stocks, totaling coverage of more than 12,800 stocks and ETF assets worldwide. Gate allows users to participate in global stock trading using USDT in a one-stop manner and offers fractional trading starting from a minimum of 0.01 shares along with corresponding stock dividend rights. The platform also supports cross-brokerage transfer of US and Hong Kong stocks and accommodates corporate actions such as stock splits and consolidations, further optimizing the stock investment service experience.

According to Bloomberg, the Democratic Party in the United States will leverage the oversight powers of relevant committees in the House of Representatives and the Senate over the next two years to exert pressure on the Trump administration in five key areas, focusing on government investigations, fiscal budgets, Iran policy, artificial intelligence regulation, and cryptocurrency legislation. In terms of cryptocurrency, the Democrats' previous efforts to establish a regulatory framework for the crypto market have stalled, primarily due to a lack of consensus between senators and the White House on ethical standards related to political figures' crypto businesses.This provision aims to limit potential conflicts of interest arising from Trump's personal cryptocurrency business, making the legislative prospects for crypto market regulation similar to the CLARITY Act even more uncertain. In the House of Representatives, Maxine Waters is expected to serve as the chair of the Financial Services Committee, but her long-held position is challenged by Sean Casten; in the Senate, Elizabeth Warren will take on the role of chair of the Banking Committee, where she has long held a critical stance on cryptocurrency, and Sherrod Brown will also return to the Senate.Additionally, regarding AI regulation, the Democrats plan to intensify investigations into AI companies and their CEOs, focusing on data center construction, risks associated with advanced AI models, and the technology's impact on the job market. On Iran policy, the Democrats may use defense budgets, congressional investigations, and war powers resolutions to check the Trump administration.

According to the official announcement, Gate has officially launched a new Proof of Security (PoSEC), becoming the first digital asset trading platform in the industry to propose a PoSEC security certification system, extending security verification from reserve adequacy to asset storage structure and risk protection.According to Gate's official page, as of the snapshot on November 4 at 08:00 (UTC+8), the platform's cold storage coverage rate reached 104.58%, with cold storage and hot wallet asset ratios being 88.26% and 11.74%, respectively. This means that according to the corresponding statistical criteria, even if all hot wallet assets are lost, cold storage can still cover all user assets. Currently, this data is being verified by an independent third-party auditing agency, and the report will be published on the official website once completed.In 2020, Gate was the first to launch an open-source Proof of Reserves (PoR) related program, and has since continued to strengthen a multi-layered security system that includes mechanisms such as the separation of cold and hot wallets, multi-signature, multi-party secure computation (MPC), and dynamic risk monitoring. The introduction of PoSEC further extends the verification of fund security from reserve adequacy to storage safety and extreme risk coverage capability, providing a new practical path for establishing a more comprehensive and transparent fund security standard for the industry.

The state of Arkansas in the United States has filed a lawsuit against the prediction market platform Kalshi, demanding that it cease the alleged illegal gambling activities. The state seeks compensation, recovery of unpaid taxes, and civil penalties in the lawsuit.Meanwhile, Kalshi continues to advance its federal appeal regarding the enforcement issues of gambling laws in various states.

According to the improvement proposal (PIP) disclosed by the Polygon community forum, a member proposed to zero out approximately 70.49 million native POL (approximately 6.5 million USD at about 0.0924 USD on October 29) from the addresses on the blacklist through a hard fork of the Polygon PoS mainnet and transfer it to a designated recovery address. Among these, approximately 23.86 million are related to Polymarket, and approximately 46.63 million are related to Binance, with the total supply remaining unchanged.The proposal is scheduled to be introduced at the protocol governance meeting on November 5 at 22:30 Beijing time, with the activation block and client version to be determined.

Bitcoin News posted on the X platform that Bitcoin security researcher Talip stated that his team discovered over 10,000 potential vulnerabilities using AI within two months.The team consists of volunteer engineers, and some findings have been assessed, disclosed, and fixed, while other disclosures are still ongoing. Talip mentioned that AI-generated findings need independent verification, as many of them may be false positives or exaggerate the severity of the vulnerabilities.

Bitcoin mining company Riot Platforms has signed a $28 billion AI leasing agreement, covering the entire site of its Corsicana campus.To fund the construction of data centers, Riot has sold a total of 20,264 bitcoins this year. The company's third-quarter performance shows that the mining business still contributes about 64% of its revenue.