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According to HTX market information, the native token RUNE of the cross-chain protocol THORChain has dropped about 20% in the past 24 hours, briefly falling below $0.5. During the previous Bitget hacking incident, a large amount of funds were exchanged through THORChain, leading to a surge in trading volume and fees, which the market viewed as a positive for protocol revenue, resulting in an increase in RUNE.This decline is due to heightened regulatory and security risks, with the market concerned about whether THORChain can resolve the conflict between security and regulation while maintaining its permissionless nature. On-chain data shows that after the Binance hack, hackers deposited approximately 185.1 million TRX and 3.83 million USDT through THORChain, totaling about 2,697 deposits, net exchanging around $48.3 million, and actually receiving about $42.7 million, with losses of about $5.7 million due to fees and slippage.At the same time, the FBI, U.S. Secret Service, and IRS-CI jointly requested THORNode, RPC nodes, and DeFi service providers to intercept funds related to North Korean hackers. THORChain co-founder Chad Barraford stated that node operators do not have more information than the public and have not made a clear commitment to proactively block addresses. Another co-founder, JP Thor, publicly opposed cooperating with freezes, believing that the principles of decentralization and permissionlessness should be upheld.

According to Gate market data, the South Korean KOSPI index turned positive on November 2, after falling more than 1.5%. SK Hynix rose 0.7%, while Samsung Electronics fell 1%.

The South Korean cryptocurrency exchange Upbit officially announced the digital asset holdings of its parent company Dunamu's investment subsidiary Dunamu&Partners as of October 2026. The announcement shows that the institution currently holds 2,081.84950412 BTC, with a total selling quantity of zero and no trading records.According to the announcement, Dunamu&Partners stated that if the projects it invests in are listed for trading on Upbit, it will not sell the related digital assets within three months from the date of the first listing, and will disclose changes in holdings at the end of each month through announcements on Upbit.

The KOSPI index in South Korea closed down 209.62 points, a decrease of 3.53%, at 5728.04 points, with SK Hynix falling about 7% and Samsung Electronics dropping about 3%.The Nikkei 225 index closed down 1369.36 points, a decrease of 2.12%, at 63290.11 points, with electronic stocks dragging down the market.

The stablecoin network Plasma builder Googly, while forwarding reports of a cryptocurrency-related home invasion in France, stated that in another case, criminals broke into a residence and violently attacked the entire family, mistakenly believing the homeowner held 660 BTC. Googly mentioned that the homeowner made a typo when filing taxes and that related information was leaked, with the actual holding being only 0.066 BTC. Googly is also engaged in trading and angel investing at APG Capital.The cited post references Le Parisien, stating that on February 6, 2026, several masked men broke into the home of a couple and their 20-year-old daughter in Juilly, Seine-et-Marne. The attackers believed the father held 660 bitcoins, worth about 40 million euros, and beat the father in front of the family, demanding access to the cryptocurrency wallet. After checking the accounts, the first wallet contained only 3,000 dollars, and the other two accounts totaled nearly 7,000 euros. Two members of the assault team were sentenced to 3 years and 18 months in prison on October 16.

According to Onchain Lens monitoring, the Binance hacker has begun selling STRK, increasing market selling pressure.The total unrealized profit of two Hyperliquid traders' STRK short positions is 4.46 million dollars, with one having an unrealized profit of 1.61 million dollars and the other having an unrealized profit of 2.85 million dollars.

According to a report by the Science and Technology Innovation Board Daily on October 30, the artificial intelligence company Zero One Everything, founded by Kai-Fu Lee, has reached a cooperation agreement with Hangzhou City and Linping District. The municipal and district-level state-owned assets will jointly invest hundreds of millions in Zero One Everything, with the company's headquarters established in Linping, and it will create an industrial AI transformation base.The report states that Zero One Everything is currently in the Pre-IPO layout period, having previously set a 2027 IPO target and a performance target of 1.5 billion yuan in orders for 2026. The company's strategy has shifted from developing foundational large models to the industrial AI track, focusing on an AI transformation operating system.

The cryptocurrency trading platform Bitget stated that the platform is currently safe and stable, with all services operating normally. Bitget expressed support for Binance and the broader cryptocurrency industry, emphasizing that security is not a competition but a shared responsibility of the industry.Bitget will continue to implement professional security standards, prioritize user experience, and expressed willingness to provide support within its capabilities.

According to official news, regarding the recent security incidents involving Bybit, Bitget, and Binance, OKX founder and CEO Star stated that security should not be a field of commercial competition, but rather a shared responsibility of the entire cryptocurrency industry. Over the past decade, major exchanges have made significant progress in private key protection, but there are still potential risks in access control and wallet management systems. He emphasized that no system is absolutely secure, and any major security breach at an exchange could undermine the trust of the entire industry.Star called on major exchanges in the cryptocurrency industry to strengthen cooperation and jointly establish stricter industry security standards and coordinated response mechanisms, including increasing verification and security delays for large withdrawals to unknown addresses and smart contract authorization transactions, as well as implementing key security restrictions at the cryptographic signature layer. At the same time, the industry should establish real-time security incident reporting, joint monitoring of suspicious funds, and rapid response mechanisms, and promote collaborative research in areas such as post-quantum cryptography and AI security threat defense. He emphasized that no single company can safeguard the future of the cryptocurrency industry alone.

The founder and CEO of the cryptocurrency trading platform Bybit, Ben Zhou, stated that there are reports circulating on social media about security incidents occurring on multiple platforms. Bybit has not been affected, the system is operating normally, trading and withdrawal functions are still available, and user assets are in a secure state.Ben Zhou also expressed a willingness to provide various forms of support to the Binance platform.

U.S. President Trump stated that the Federal Reserve is unwilling to cut interest rates.

Kalshi co-founder and CEO Tarek Mansour stated that Kalshi has completed a $1 billion Series G funding round, led by Sequoia Capital and Wellington Management.Other investors participating in this round include Baillie Gifford, Morgan Stanley Investment Management, Coatue Management, and Andreessen Horowitz, with a valuation of $40 billion.

The aggregation Rollup infrastructure zkLink announced that it has confirmed ongoing attacks on its aggregation Layer 3 network zkLink Nova's Arbitrator contracts on Ethereum and Optimism. zkLink stated that the technical team is urgently controlling the situation to prevent further losses, and will update the community on progress later.zkLink calls on relevant parties to stop further exploitation of zkLink Nova's contracts across various chains and to return the affected funds. The project team stated that if the other party cooperates in returning the funds, they are prepared to offer a 20% white hat bounty, and no further action will be pursued after the funds are returned.The security agency Blockaid previously monitored that the attackers injected forged batch roots into Ethereum through public relays, and subsequently completed ETH and ERC-20 withdrawals from zkLink Nova's L1 custody contract. At that time, the total loss from L1 ETH custody and ERC-20 bridge was approximately $786,000, and the attack is still ongoing.

CryptoQuant analyst Axel Adler Jr.'s latest report indicates that the rolling distribution volume of Bitcoin long-term holders (LTH) has decreased by 22% in the past week, showing that the potential selling pressure from long-term holders has eased.However, despite Bitcoin's price remaining above the average cost basis of long-term holders, their unrealized profit margin continues to narrow. Adler points out that the distribution activity of long-term holders has weakened, but the shrinking profit buffer is still worth noting.

According to a report from the Beijing Daily client, the Market Supervision Administration of Haidian District, Beijing, investigated and handled the city's first illegal case of assisting pyramid schemes using blockchain and virtual currency technology, resulting in a technology company being fined and confiscated a total of over 930,000 yuan.The technology company involved is an outsourcing service provider for a certain public blockchain, offering support such as operations, market services, publicity and promotion, exchange docking, and maintenance. This public blockchain launched the "Atomic Plan" and "Hathaway Plan," which are centered around recruiting people for rebates, using the number of recruited individuals as the basis for rebates, and requiring participants to invest funds to obtain membership qualifications. Despite being aware of the pyramid scheme applications associated with this public blockchain, the involved company continued to provide technical operations, external publicity, and maintenance of virtual currency trading channels, facilitating the flow of funds and the spread of activities related to the pyramid scheme.Ultimately, the pyramid scheme activities of this public blockchain were investigated by public security authorities, the organizers were criminally detained, and the involved technology company was administratively punished with a total fine and confiscation of over 930,000 yuan for providing facilitative conditions.

According to The Block citing local media reports, South Korea's ruling party, the Democratic Party of Korea, will meet on Friday with representatives from the country's five major cryptocurrency exchanges: Upbit, Bithumb, Coinone, Korbit, and Gopax, to discuss whether to postpone the cryptocurrency tax originally scheduled to take effect in January 2027.The party has proposed a bill to delay the implementation until 2029, citing insufficient infrastructure and difficulties in obtaining transaction data.

Analyst Jukan from Citrini stated on social media that Samsung's current stock performance is lagging behind SK Hynix, seemingly because Samsung's shareholder return plan is either not as generous as initially expected or still carries uncertainty. Against this backdrop, there is a saying circulating in South Korea that Samsung's management is deliberately avoiding bullish statements, involving tax considerations for the company's controlling family member, Chairman Lee Jae-Yong.More specifically, Lee Jae-Yong's mother, Hong Ra-hee, gifted Samsung shares to her son. It has been reported that the gift tax he needs to pay is calculated based on the average closing price during the four-month period around the gift date of November 12, specifically from September 12, 2026, to January 12, 2027. Therefore, the Samsung controlling family has no motivation to drive up the stock price before January of next year.

P2P cryptocurrency trading platform Peer announced that its beta version now supports users to buy and sell USDC using Alipay in Renminbi. Users can pay sellers in Renminbi to purchase USDC or sell USDC and receive Renminbi through Alipay, with the USDC locked in an on-chain custody contract during the transaction, released after payment verification.Peer stated that since August 21, 45 buyers have completed 107 related orders, with a transaction volume of approximately $7,094. Alipay's official response stated that Alipay does not support virtual currency trading and related services, and claims by third-party platforms that Alipay supports cryptocurrency purchases are false and unauthorized, reminding users to be cautious about their funds and account security.