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Market news reports that Google (GOOG.O) is in talks with the Pentagon regarding the "Iron Dome" project.

Standard & Poor's has downgraded the outlook for Meta Platforms (META.O) to negative due to significant uncertainty surrounding its capital expenditures and free operating cash flow.

The enforcement director of the U.S. Securities and Exchange Commission stated that the agency is reviewing the information disclosure of artificial intelligence companies.

Zhao Changpeng responded to discussions regarding the scale of the theft at Binance and the reaction of BTC prices, stating that this $6.3 billion theft is the largest in terms of dollar value, but not when measured by the quantity of BTC. He cited the Mt. Gox incident, which involved 650,000 BTC, accounting for over 5% of the BTC supply at that time, emphasizing that assessing market impact cannot rely solely on dollar amounts.He believes that attention should also be paid to the number of affected users and the proportion of affected assets relative to user assets. According to him, in both the Mt. Gox and FTX incidents, nearly all users and their assets were impacted. The more critical issue is who ultimately bears the loss, whether the platform can fully cover it, rather than letting users suffer the losses.Zhao Changpeng stated that this incident remains a significant disaster for the industry, Binance, and himself, but they can withstand this shock. He emphasized, "The most important thing is that we protect our users."

The founder and CEO of trading company DRW, Don Wilson, published an article raising several questions about the New York Stock Exchange's parent company's push to introduce the decentralized perpetual contract platform Hyperliquid to the U.S. market. He also expressed gratitude to CFTC Chairman Selig and the Trump administration for making such experiments possible and stated that only the market can determine whether an arrangement is useful.Don Wilson: What are the benefits of trading perpetual contracts on a regulated exchange in an on-chain manner? He believes the main advantage of on-chain trading is the reduction of friction in a trustless, identity-verification-free environment, or receiving the purchased assets in real-time through atomic transactions; however, perpetual contracts themselves are not assets, so the latter benefit does not apply.He also specifically mentioned Stan Druckenmiller, asking whether he is aware that positions and transactions on Hyperliquid can be tracked in real-time and whether he sees this as an advantage. Additionally, he noted that Hyperliquid's priority fee mechanism allows participants to pay to see information earlier or to move their orders ahead in the queue, and he inquired whether this aligns with CFTC core principles.Don Wilson further asked whether the liquidity of offshore order books can be merged with onshore order books; if not, whether listing perpetual contracts on regulated exchanges using traditional centralized order books is preferable to bearing the inefficiencies brought by on-chain matching.Previously, Intercontinental Exchange (ICE) and trade[XYZ] announced plans to deploy a perpetual contract market covering crypto assets, stocks, commodities, foreign exchange, and other physical assets for U.S. traders based on Hyperliquid infrastructure, pending regulatory approval, with ICE operating the regulated market and clearing framework.

According to a Reuters report citing an interview with CNBC, Michael Selig, the chairman of the Commodity Futures Trading Commission (CFTC), stated that the CFTC hopes to provide a federal-level option for exchanges like Binance to register with the CFTC in light of the recent hacking incident.Selig previously mentioned that federal registration is a voluntary path for exchanges rather than a mandatory requirement, and that requiring all cryptocurrency exchanges to register can only be achieved through congressional legislation; however, retail cryptocurrency trading involving margin, leverage, or financing must fall under federal regulation.The CFTC issued a notice of proposed rulemaking regarding relevant retail cryptocurrency trading rules on October 5, with the comment period ending on December 14.

Bonk Guy posted that BTC has fallen from about $79,000 to about $77,000, with most altcoins following with slight declines, but overall performance is stronger than BTC.He believes that Binance seems to have repurchased most of the stolen tokens from the theft incident, with the involved funds amounting to about $6.3 billion, of which about half (approximately $3 billion) has been frozen and is expected to be returned to Binance, while the remaining portion is also expected to recover most of it within a reasonable timeframe.Bonk Guy assesses that BTC may dip slightly again to form a local low, after which the market may turn positive in the coming weeks to months, and most of the downward pressure on altcoins may have been released, leaning towards going long on altcoins and gradually dollar-cost averaging during pullbacks.

Starknet posted on platform X stating that account abstraction allows for changing the verification logic while keeping the address, balance, and history unchanged, thus switching to a post-quantum signature scheme without modifying the protocol.Starknet stated that as an Ethereum L2, its settlement, data publishing, and cross-chain bridges still rely on Ethereum and elliptic curve cryptography; researching an independent L1 would allow it to set its own cryptographic schemes and migration timelines. The independent L1 is still a research direction, STRK remains the native token, and there are currently no plans to issue new tokens. Any decision to migrate to L1 must go through a binding governance vote.

Liquid Capital founder Yi Lihua stated that the trading process is not easy. Previously, while maintaining a bullish outlook, the market experienced multiple corrections; after the price rose to $86,000, he insisted on looking for corrections, during which there were also several rebounds, even reaching $87,000. In the past month, the price has repeatedly fallen back to the $80,000 to $81,000 range before quickly rebounding to the key position of $84,000.He emphasized that both the rise and the correction are not linear, and one should not always think about trading, but rather adhere to the principle of "looking for corrections without shorting," patiently waiting for the best bottom-fishing opportunity. He mentioned that he founded and manages three different funds, focusing on cryptocurrency investment, cryptocurrency trading, and AI technology, with cryptocurrency trading being the most challenging, described as "a practice against human nature." He raised the question of whether investors will still have the confidence to bottom-fish in the face of the upcoming extreme panic, which is worth contemplating.Regarding the future market, he views what he calls Buffett being trapped in Google and Duan Yongping being trapped in Pop Mart as a temporary phenomenon, and believes that AI will continue to create miracles, monetary expansion will not stop, and high-quality AI stocks and cryptocurrency assets remain his favored trend direction.

Meta, Alphabet, and Intel saw significant stock price declines due to stock issuance, leading to losses for investors. Alphabet's financial report showed that advertising revenue fell short of expectations, and Intel's supply chain issues intensified market concerns, raising doubts about the sustainability of AI investments.

According to the official website of the French Senate, the French Senate passed Bill No. 21 on October 27, 2026, in a first reading under an accelerated procedure, authorizing the approval of two multilateral documents related to the automatic exchange of tax information:The first is a multilateral agreement on the automatic exchange of information regarding the reporting framework for crypto assets (CARF) between competent authorities, and the second is a supplementary document to the multilateral agreement on the automatic exchange of financial account information (CRS). Both documents were signed on November 26, 2024, in Asunción, Paraguay, with the specific text found in the annex of Bill No. 921 (2025-2026 fiscal year).

According to a notice from the U.S. Department of Justice, two Texas men, Raymond Christian Garcia and Isiah Angelo Garcia, were sentenced to 180 months and 186 months in prison, respectively, for armed kidnapping of a family and extorting cryptocurrency in Minnesota in September 2025. The two pleaded guilty in June 2026 and were sentenced on October 29.Court documents show that on September 19, 2025, the two broke into the victims' home, bound the family with zip ties, and held them at gunpoint for over 9 hours, forcing the victims to hand over access to their cryptocurrency accounts.As the amount transferred by the victims did not meet their expectations, the two further forced the victims to drive to their cabin in northern Minnesota to retrieve more cryptocurrency storage devices and complete the transfer, ultimately coercing the victims to transfer over 8 million dollars in cryptocurrency. After the victim's son called 911, the two fled and were later arrested near Houston, Texas.

On October 30, 2026, Zhu Hexin, Secretary of the Party Leadership Group and Director of the State Administration of Foreign Exchange, presided over a Party Leadership Group meeting to convey and study General Secretary Xi Jinping's important speech at the Fifth Plenary Session of the 20th Central Committee of the Communist Party and the spirit of the plenary session, and to research and deploy the implementation work. Members of the Party Leadership Group of the State Administration of Foreign Exchange attended the meeting.The meeting required resolute implementation of the major decisions and deployments of the Party Central Committee. It emphasized the serious implementation of the "14th Five-Year Plan" requirements, improving a more convenient, open, secure, and intelligent foreign exchange management system and mechanism, promoting deep-level reforms and high-level openness in the foreign exchange field, effectively managing the "five major tasks" of finance, maintaining the stability of the foreign exchange market and the national economic and financial security, severely cracking down on illegal cross-border financial activities, strengthening the capacity building for foreign exchange reserve management, and effectively following the path of financial development with Chinese characteristics.

Etherscan posted on platform X that it has launched a transaction flow page related to the Binance theft incident, covering transaction flows on Ethereum, Arbitrum, Optimism, Avalanche, Base, and Polygon chains. The data references multiple on-chain analyses from ZachXBT, Blockaid, Lookonchain, and others.

Alexandre Laizet, an executive at Capital B, the first Bitcoin reserve company in Europe, stated in a video interview with Bitcoin Magazine that France's debt has reached 120% of GDP, but the real issue is not the debt itself, but rather that the borrowed funds are used for consumption instead of investment. The debt crisis in Europe, combined with currency devaluation, provides a reason to hold Bitcoin.Laizet believes that the structure of France's capital market is suitable for implementing a Bitcoin reserve strategy, which is also the reason why Capital B chose to establish itself in France. He also mentioned that Capital B aims to become the largest company by capital size in Europe and to expand its Bitcoin holdings by continuously increasing its position during bear markets.The interview also covered new rules introduced by MSCI for Bitcoin reserve companies, the perpetual credit and regulatory environment in the European market, and the growing interest of credit investors in Bitcoin collateralized loans.

According to a statement released by Keystone Hardware Wallet's official X account, Keystone has updated the previously promised rectification measures. The retention period for shipping information has been shortened from 180 days to 90 days, effective immediately. Users can contact customer service to request the immediate deletion of relevant data after receiving their orders.The team has sent emails to all affected users via support@keyst.one and has suspended all shipments. All partner warehouses, including Amazon warehouses, have begun isolating affected devices. The team is also continuously improving the security of the affected user inquiry page based on user feedback.

Wells Fargo has lowered the target price for SanDisk from $1550 to $1300; lowered the target price for Amazon from $329 to $326; significantly lowered the target price for Intel from $120 to $80; lowered the target price for Google's parent company Alphabet from $417 to $371.

According to CoinDesk, Nicolas Quatravaux, head of Paradigm EMEA, stated that in the Binance theft incident, the first large-scale Bitcoin put option block trade was executed at 04:38 on October 30, about 15 minutes after the first outflow of funds from the Binance wallet, at which time the news had not yet been made public.This transaction involved the purchase of 250 put options expiring on October 31 with a strike price of $78,000, with a nominal value of approximately $20 million. Three minutes later, another transaction of the same scale for similar options was executed, with the buyer paying about 35% more.Within 8 hours after the incident, Paradigm executed approximately $590 million in nominal value of Bitcoin option block trades, about half of the same period's Deribit Bitcoin option block trading volume, primarily consisting of put options. The hour with the most active trading also occurred before Binance released its statement, including two transactions of 1,000 BTC each for put options expiring in mid-November with a strike price of $74,000, with a total nominal value of approximately $155 million.Quatravaux pointed out that buying was mainly concentrated in the near strike price range of $74,000 to $78,000, mostly expiring this week and in mid-November.

Binance founder Zhao Changpeng responded to community users' comments regarding Bitcoin's resilience against declines, stating that considering the significant drop in traditional financial markets today, which exceeded that of the crypto market, Bitcoin's performance is quite surprising. Typically, a downturn in traditional financial markets drags down the crypto market as investors tend to sell off assets and hoard cash, but this time Bitcoin has shown remarkable resilience.Previously, some community users indicated that if the world's largest cryptocurrency exchange faced a hack exceeding $6 billion, they expected Bitcoin's price to suffer a severe setback; however, it only dropped about 3% that day, suggesting that the market bottom may be approaching.