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Super Micro Computer (SMCI.O) expects full-year net sales to be between 72 billion and 82 billion USD, up from the previous expectation of 65 billion to 72 billion USD.

The staff of the U.S. Securities and Exchange Commission (SEC) has granted no-action relief regarding the token issuance of Canton Coin.The relevant division of the SEC believes that Canton Coin should be regarded as a digital commodity, primarily based on the fact that the token has network utility and there is no centralized entity exercising control over the network.

According to an official announcement from Bullish, the cryptocurrency exchange Bullish (BLSH) listed on the New York Stock Exchange has selected Solana, Aptos, and Ethereum as its initial network partners for its stock tokenization service. Issuers can independently choose the network to issue tokenized stocks initiated by them, while the official equity registration records will still be maintained by the transfer agent.Among them, Solana is the first supported network, and Aptos and Ethereum will be integrated subsequently, with no specific timeline announced. Previously, Bullish demonstrated the transfer of 61 million tokenized Bullish reserved shares on Solana with Equiniti on October 27 at the New York Stock Exchange. This batch of shares is intended for the acquisition settlement with Equiniti, and the transaction is expected to be completed by January 2027, pending regulatory approval.

The cryptocurrency exchange platform Binance released a preliminary investigation report on a security incident, disclosing the attack process in which approximately $6.3 billion in assets were stolen. The report states that an engineer, referred to as Little A, from the wallet operations team, searched for and installed an AI programming tool in June 2026, downloading a tampered Homebrew installation package from the search results. After the security team discovered the anomaly, they replaced the relevant equipment, but Little A still exposed the wallet infrastructure permissions.The report indicates that the attacker continued to lurk thereafter. In September, the attacker contacted a software engineer, referred to as Little B, through a recruitment platform, posing as a project director, and conducted video interviews and social media interviews, sending a code repository as an assignment. Little B downloaded the repository to their work computer and set it up according to the instructions. One file of 3,414 bytes bypassed terminal security protections and used internal AI tools to find traces related to Little A.The report states that on October 30, the attacker logged into another employee, referred to as Little C's, computer and transferred $6.3 billion. Binance stated that approximately $6.34 billion in assets were affected, with about $2.85 billion frozen or intercepted, and the losses covered by the SAFU fund and company funds. As of October 31, 98% of the affected tokens have been replenished.

Brazilian cryptocurrency exchange Mercado Bitcoin announced the latest developments regarding a security incident, stating that the affected assets are currently valued at approximately 36.3 million USD, with 12.9 million USD frozen, and related work is ongoing.The platform and app remain suspended until safety is confirmed; the company stated that customer assets are secure, and balances are still recorded in their respective accounts. Previously, the exchange mentioned that it had frozen 11 million USD of related assets.

According to Binance's official disclosure, the security incident on October 29 involved approximately $6.34 billion in digital assets. As of the report's release, about $2.85 billion in assets had been frozen or intercepted, with amounts pending verification and affected by market price fluctuations.Binance's preliminary investigation stated that the attackers infiltrated employee devices through fake job interviews and malicious software downloads, subsequently using internal AI tools and stolen credentials to access wallet signature services, bypassing normal withdrawal processes to initiate transactions. The attackers also exploited the Ethereum EIP-7702 authorization mechanism, allowing the malicious contract to gain partial execution rights over the hot wallet.Binance stated that the company will bear the financial impact of the stolen funds; as of October 31, 98% of the affected token assets have been replenished, while the remaining assets with lower liquidity are still being purchased. The company has closed the identified attack vectors and is hiring independent security experts for further review.

According to a report by South Korea's News1, industry sources say that the Financial Services Commission (FSC) of South Korea held an emergency security inspection meeting on November 2 with major cryptocurrency exchanges and custodians, using the Binance theft incident as an opportunity to discuss increasing the proportion of cold wallet custody at exchanges. The current proposal is to raise this proportion from the 80% stipulated by the existing Virtual Asset User Protection Act to around 99%, which is maintained by some large exchanges.It is reported that the cold wallet custody ratio of Upbit user assets exceeds 99%, Bithumb is about 94%, Coinone is 85%, and exchanges like GOPAX are just above 80%. Industry insiders warn that increasing the ratio will reduce the assets available for immediate withdrawals in hot wallets, which may lead to withdrawal delays and increase the operational burden on small and medium-sized exchanges. In August of this year, Bithumb experienced delays of about 13 hours for withdrawals of some altcoins due to insufficient hot wallet balances. This proposal is still under discussion and has not yet been finalized.

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.

Binance founder Zhao Changpeng responded for the first time to the incident of approximately $6.3 billion being stolen from Binance during an interview with Talking Tokens, stating that all hacking attacks are preventable and that a long period without security incidents can lead to complacency in enterprises.He pointed out that the frequency of hacking attacks on cryptocurrency exchanges has risen from about once a month to almost once a week, with AI accelerating the development of attack capabilities, while the industry's defensive capabilities have not kept pace. He called for the cryptocurrency industry to form a security alliance to share best security practices, conduct cross-audits, and achieve rapid coordination in freezing stolen funds, expressing hope to promote the establishment of this alliance.Regarding government cooperation, Zhao Changpeng stated that there has been no communication with Trump or Washington regarding this incident, but he hopes to receive assistance from the U.S. government. He also mentioned that when it comes to communication with North Korea, perhaps only the U.S. and China have the necessary conditions. Speaking about market reactions,Zhao Changpeng noted that on the day Binance was attacked, the decline in the cryptocurrency market was less than that of tech stocks, a situation that is almost unheard of. He believes this is due to Binance's prompt confirmation of user fund security and its ability to provide full compensation.He also revealed that less than 10% of the stolen funds flowed to other centralized exchanges; recently, some hardware wallets have also been attacked, and some users have returned their funds to Binance after comparing the security situations of different platforms. Binance switched from net outflow to net inflow within less than 24 hours based on hourly statistics.Regarding the future of the industry, Zhao Changpeng believes that AI will enhance the security of the cryptocurrency industry and software systems in the medium to long term, and may even detect vulnerabilities in blockchain software before quantum computing can crack the existing encryption systems. At the same time, AI will drive trading speeds far beyond current levels, and blockchain may become the only financial technology capable of supporting such trading speeds. He also reminded retail investors to strengthen the use of asset protection tools and to continuously pay attention to industry security dynamics.

According to CoinDesk, Bitcoin's market performance before the 2026 U.S. midterm elections has broken the trend observed in the previous three elections. As of November 3, Bitcoin was priced at approximately $76,990, about 5.2% higher than the 200-day simple moving average (SMA) of $73,169, indicating that its long-term trend remains above the average.In contrast, during the U.S. midterm elections in 2014, 2018, and 2022, Bitcoin's price was approximately 35%, 9%, and 22% below the 200-day average, respectively, all during bear market phases. The report noted that although Bitcoin broke through $126,000 in October 2025, the current bear market has seen relatively shallow declines, mainly concentrated in January and February of this year.Martin Lee, head of research at DWF Labs, stated that historical data shows Bitcoin typically exhibits volatility or slight weakness in the initial months following midterm elections, but has achieved gains in the subsequent 12 months. However, short-term trends may still be influenced by election results, ETF fund flows, U.S. employment data, and geopolitical risks.Additionally, Bitcoin's 30-day implied volatility index BVIV has broken through a descending triangle pattern, indicating an increase in market expectations for short-term volatility.

According to a report by Reuters, an official familiar with the negotiations revealed that the Qatari mediators expect to receive feedback from the United States and Iran on a new proposal aimed at advancing the negotiations within 36 hours.

According to Decrypt, Binance has been burning Luna Classic tokens almost at the beginning of each month since March 2023, but the burn for November has not yet occurred. StatsBin data shows that there have been no burn records this month. LUNC is the original native token of the Terra blockchain, which was forked by Terraform Labs founder Do Kwon after the project's collapse in 2022, and community members continue to maintain its operation through on-chain burns.Some investors have linked the delay in burning to the record $6.3 billion hack that Binance experienced last week. The FBI attributed the incident to the North Korean hacking group TraderTraitor, which is also said to be related to the Bybit theft; the loss is estimated to be four times that of the $1.5 billion stolen from Bybit, making it the largest hacking incident in crypto history. Binance is gradually restoring withdrawals, having resumed withdrawals for dozens of Ethereum and Solana tokens later on Monday.Terra Classic ecosystem contributor Dawid Skinder stated that monthly burns are an important signal of support for the community, and the delay may be an operational issue following the largest hack in history. Notable community member Pedro (Vegas) mentioned that Binance is conducting security maintenance and has transferred LUNC to a more secure wallet before resuming burns, but Binance has not confirmed this statement and has not responded to Decrypt's request for comment. Decrypt data shows that LUNC has fallen 7.9% to $0.0000417 in the past week, down 99.99% from its all-time high of $119.18.

Binance founder Zhao Changpeng stated in an interview, "After the attack incident, Binance quickly stepped up to clarify that user funds were not affected and user assets are safe. Although this is just a very simple statement, it effectively prevented panic from spreading further and avoided a chain reaction.Everyone understands that this incident will not have further spillover effects. Unlike previous cases where some platforms or lending protocols went bankrupt, ultimately causing users to bear losses, this time users will not be forced to bear related losses. This is fundamentally different from some past events, which often triggered second and third rounds of chain reactions. I believe that, first, this statement calmed everyone down. Secondly, Binance's ability to make such a commitment based on its own credibility also made users willing to believe this statement. After all, many fund flows and transaction records on the blockchain are public and transparent.However, this situation is different; users understand that Binance has sufficient financial strength to bear related losses. Binance has the SAFU (Secure Asset Fund for Users), a futures insurance fund, as well as very strong capital strength and a solid balance sheet. It is this ability to respond quickly, take responsibility proactively, and ensure that all users are protected and all losses are compensated that has gradually restored calm to the market.One interesting point: on the day of the incident, the decline in the cryptocurrency market was actually smaller than that of the tech stock market, a situation that is almost unprecedented. Typically, when the stock market declines, the crypto market often experiences a larger drop, as investors looking to hold cash tend to sell off crypto assets. But this time, even with such a severe hacking attack on the crypto industry, the market decline was smaller. I believe this indicates that investors overall remained quite calm, and it reflects the solid trust in the platform that has been gradually built over the years. I feel very proud of this."

Samsung Electronics will build a second wafer fabrication plant in Taylor, Texas, to produce high bandwidth memory chips for AMD and NVIDIA. The plant is expected to break ground this month, utilizing 2-nanometer process technology, covering approximately 2.7 million square feet, and being 1.5 times the size of the first plant.Equipment installation is expected in February 2029, with mass production starting in 2030.

The French National Assembly has once again postponed the vote on the revenue portion of the 2027 national budget, marking the second delay of this vote. According to the notice of the end of the parliamentary session, Tuesday's agenda includes questioning the government and continuing the debate on the revenue portion of the budget, with 758 amendments still pending review. The vote originally scheduled for October 20 was postponed due to over 2,000 amendments awaiting debate. The Assembly must complete the first reading by midnight on November 17; if the revenue portion is rejected, the government's original budget proposal will be submitted directly to the Senate without the amendments approved by the members.Regarding cryptocurrency taxation, lawmakers rejected two proposals last Friday. The first proposal aimed to include cryptocurrency assets in France's current exit tax system, with a voting result of 27 votes in favor, 55 votes against, and 1 abstention. The second proposal sought to tax unrealized gains on household cryptocurrency assets valued over 800,000 euros (approximately 897,000 USD), applicable to taxpayers who have been French tax residents for at least 6 of the past 10 years, with a voting result of 31 votes in favor and 60 votes against.Other cryptocurrency-related proposals are still pending debate, including a requirement for taxpayers to report self-custodied cryptocurrency assets with a total value of at least 100,000 euros (approximately 112,000 USD) to the tax authorities based on year-end value; and an exemption from related capital gains tax if the total amount of cryptocurrency payments used for goods and services during the tax year does not exceed 1,000 euros (approximately 1,120 USD). The Assembly passed a proposal on October 16 to tax gains when cryptocurrency assets are exchanged for fiat currency-backed stablecoins, but this measure has not yet become law.

The spokesperson for the Chinese Ministry of Foreign Affairs, Mao Ning, hosted a regular press conference. A reporter asked, according to the Financial Times, Nvidia requires some data center partners to provide at least 51% of their services to non-Chinese companies, which may restrict Chinese companies from accessing key artificial intelligence technologies. What is China's response to this?In response, Mao Ning stated that she is not familiar with the specific situation. We have always believed that all parties should cooperate based on the principles of fairness, transparency, and non-discrimination.

According to Bloomberg, citing informed sources, Binance holds Directors and Officers (D&O) liability insurance to address claims against executives from regulatory investigations or lawsuits, but like most cryptocurrency companies, Binance has been unable to obtain cyber insurance. Cyber insurance in the cryptocurrency sector is considered nearly impossible to acquire.Additionally, Binance's Secure Asset Fund for Users (SAFU) has no external insurance or reinsurance support. Even if some companies seek compensation through crypto, crime, or D&O policies, these policies typically contain numerous denial clauses.

The on-chain data analysis platform Santiment stated that since Binance was hacked, the supply of ETH on the trading platform has decreased in two phases, but only one of these phases coincides with the timing of the hacker's fund transfer. Data shows that as of the close on October 28, the ETH held by the trading platform accounted for 3.56% of the total ETH supply; by the close on November 2, this ratio had dropped to 3.20%. More than half of the decline occurred on October 29, the day Binance was hacked.Data from TRM Labs shows that approximately 200,630 ETH was transferred out of Binance's hot wallet on October 29. However, the amount of ETH held by major trading platform addresses did not decrease on October 29; instead, it increased by about 39,000 ETH. Subsequently, from November 1 to November 2, as the platform reopened withdrawals, the holdings of related addresses decreased by about 313,000 ETH.From October 28 to the close on November 2, the ETH held by major trading platform addresses decreased by approximately 297,000 ETH, a decline of about 5.4%. Santiment stated that currently, based solely on trading platform data, it is not possible to determine where these ETH ultimately went, nor can it be judged whether they were transferred to cold wallets or moved to other trading platforms.

According to the market information platform Liquid247.xyz, the current price of BTC is $77,052. The thickest order book is on Binance spot: sell orders amount to $12.3377 million, buy orders amount to $9.337 million, with sell orders exceeding buy orders by $3.007 million.Binance perpetual, OKX perpetual, and Hyperliquid perpetual sell orders are also thicker than buy orders, but the scale is not as large as that of Binance spot. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.