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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.

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 Gate market data, Palantir (PLTR.N) stock price fell to a more than one-month low after the announcement of its third-quarter performance, recently down 6.2%.

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.

On November 3, QuestMobile released the "China Mobile Internet Autumn Report." As of September 2026, the scale of monthly active users in China's mobile internet reached 1.281 billion, a slight increase of 0.9% year-on-year; the average usage time per user in September was 189.8 hours, a year-on-year increase of 6.5%. Short drama videos and short videos have become the core sources of growth in usage time, contributing a growth rate of 111.5% as of September 2026. In that month, the total net increase in usage time for short drama video and short video apps was 13.329 billion hours and 5.717 billion hours, ranking first and second in the duration growth track, while the net increase for AIGC was 978 million hours, with the total usage time for online videos declining by 1.38 billion hours during the same period.In terms of user numbers, the top three applications within the Douyin Group in September 2026 were Douyin, Hongguo Free Short Drama, and Doubao, with deduplicated total user counts of 1.029 billion, 430 million, and 419 million respectively, with Hongguo surpassing Doubao. The top three applications in the same period last year were Douyin, Jinri Toutiao, and Douyin Lite. The user scale of the short drama video industry increased from 10 million to 400 million in less than three years, with a compound annual growth rate of 443.1%. Douyin, Kuaishou, and their lite versions occupy the top four positions in the short video industry and continue to show growth.Specifically, in September 2026, Hongguo Short Drama had 430 million monthly active users, while Hongguo Comic Drama had 7.883 million, with a year-on-year growth rate of 268.7 times. The newly launched Green Bubble Short Drama at the end of September reached 156 million monthly active users. The Hippo Theater app had 30.8 million active users in September, a year-on-year decline of 40.3%; the user volume of the top ten short drama mini-programs has exceeded that of the Hippo Theater app, with Lianqu Short Drama and Ceylon Theater having 75.17 million and 45.67 million respectively. According to iiMedia Consulting, the market size of China's micro short drama is projected to be 50.44 billion yuan in 2024, reaching 67.79 billion yuan in 2025, and expected to be 79.33 billion yuan in 2026.

According to the latest rankings from QuestMobile, in September 2026, Alibaba's AI application Qianwen App reached 158 million monthly active users, a year-on-year increase of 5077%, ranking first in growth among apps with over 100 million monthly active users. In the domestic AI native app rankings, Qianwen ranks second, surpassing DeepSeek's 123 million, but still below the first place, Doubao, which has 419 million.This growth is related to Alibaba's large-scale promotion. In November last year, the Tongyi App was renamed to Qianwen. This Spring Festival, Alibaba announced an investment of 3 billion yuan to launch a free order campaign, allowing users to order milk tea and takeout through AI. The campaign link was widely shared in WeChat groups, and the system experienced delays due to increased traffic. QuestMobile data shows that on the first day of the campaign, Qianwen's daily active users rose from about 7.06 million to 58.48 million.The year-on-year growth of 5077% was also influenced by last year's low base. Based on year-on-year data, Qianwen's monthly active users were about 3.05 million in September last year. By March this year, Qianwen's monthly active users had reached 166 million, rising to 167 million in June, and then falling back to 158 million in September, a decrease of about 9 million compared to June, with a decline rate of approximately 5.4%.

According to an update released by Matt Palmer, the demonstration of Grok Bot's features includes shopping cards, product pages, order tracking, and payment.The demonstration also covers custom modes, team Bot login and setup, sharing and finding team Bots, as well as Slack connector requests and Vault contacts. Musk retweeted the introduction, calling it an improvement for Grok Bot.

CryptoQuant analyst CW8900 stated that the total market capitalization of stablecoins decreased from 270.3 billion dollars on October 1 to 263.4 billion dollars.

According to monitoring by Lookonchain, BlackRock has continuously seen ETH outflows over the past month, totaling 580,145 ETH, worth 1.32 billion USD.

According to Yicai, on the evening of November 2, Li Jiaqi's livestream featured the launch of Qianwen Office Token. Within half an hour of sales, 100,000 Qianwen Office personal membership monthly cards were sold, totaling approximately 20 trillion Tokens.Qianwen Office CEO Chen Yusen appeared in the livestream that evening to introduce the daily use scenarios of AI in office work. He stated that AI cannot replace Li Jiaqi and hopes to help fans use AI to handle trivial matters, allowing them to leave work on time, spend time with pets, and take care of family.

According to Cointelegraph, the Financial Action Task Force (FATF) announced that it will launch a special anti-money laundering review for jurisdictions with significant cryptocurrency activities to address gaps in the implementation of global anti-money laundering standards by various countries.FATF stated that the review will primarily focus on jurisdictions where virtual asset service provider activities are of "substantial importance," and will consider the existing assessment status of these jurisdictions. The agency noted that regular assessments and follow-up procedures will remain the main tools for evaluating compliance.The review timeline indicates that preliminary conclusions will be published in June 2027, with more results to be released in October 2027. FATF also mentioned that following the review, there will be accompanying monitoring and faster reporting mechanisms to track the progress of jurisdictions in rectifying deficiencies. FATF did not disclose the names of the jurisdictions being reviewed, nor did it specify the number of jurisdictions included in the review.This review continues the issues revealed in the FATF report from July of this year. The report showed that among the jurisdictions surveyed, 83% have legislated travel rules, but enforcement gaps remain significant: of the 91 jurisdictions that have established travel rules, 55 have yet to take supervisory or enforcement actions regarding compliance. Regulatory agencies also face challenges in identifying unlicensed cryptocurrency businesses and regulating overseas providers serving local customers. The travel rules require cryptocurrency service providers to share information about the sender and receiver of transfers.

The Hong Kong Monetary Authority announced the launch of the SAGE project to promote the responsible development and application of agentic finance in Hong Kong and established an expert group on agentic finance. SAGE stands for Securing Agentic Finance with Governance and Enablement, which means combining governance and enablement to build secure and reliable agentic finance. The members of the expert group come from financial institutions, technology service providers, professional service organizations, and academia.The Monetary Authority stated that the SAGE project focuses on four areas: first, market development and application scenario exploration, including business-to-consumer (B2C) agentic shopping and daily payments, business-to-business (B2B) procurement and treasury management, as well as machine-to-machine (M2M) pay-per-use digital service fees; second, exploring methods for verifying artificial intelligence agent identities and authorization permissions, including "Know Your Agent (KYA)" and identity verification mechanisms; third, promoting discussions on interoperability standards and protocols; fourth, exchanging views on legal regulatory issues such as governance arrangements, legal responsibilities, and consumer protection.The Monetary Authority's Chief Executive, Eddie Yue, stated that agentic finance has the potential to reshape the way financial services are provided and used. The Monetary Authority hopes to consolidate Hong Kong's position in the next generation of financial technology while promoting innovation through relevant measures and communication with industry experts, ensuring that agentic finance aligns with user interests and maintains the stability of the financial system.

According to the exchange research report for the third quarter of 2026 published by TokenInsight, the total trading volume of perpetual contracts for stocks on nine major exchanges reached approximately $1.61 trillion, more than three times the trading volume of the commodity perpetual contract market.In terms of performance across platforms, Binance ranked first with a trading volume of approximately $943 billion, holding a market share of 58.60%; OKX ranked second with $254 billion, accounting for 15.79%; Bitget ranked third with approximately $122 billion, capturing a market share of 7.60%. The three exchanges together occupy over 80% of the stock perpetual contract market share, reflecting the characteristic of trading volume concentrating on leading platforms.

According to DefiLlama data, Gate has a net inflow of approximately 78.42 million USD in the past 24 hours, ranking third among global centralized exchanges.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: Legacy vs TheMongolz - IEM Beijing Group A", the "Legacy" option in the sub-market "Match Winner" has experienced a drastic fluctuation in winning probability, dropping from 50.5% an hour ago to the current 14.5% (a fluctuation of 36%). Please note the impact of relevant breaking news.

Solana Mobile posted on platform X that a malicious third-party application named "SKR Claim" was submitted to the Solana dApp Store. The attacker unauthorizedly accessed the dApp publishing portal and modified the App Spotlight and Quests interface, which requires users to input their mnemonic phrases.The application was removed about 1 hour after being displayed in the dApp Spotlight and is currently being removed from installed devices. The team has fixed the vulnerability that allowed linking to incompletely published applications and reminded that Solana Mobile will not ask for mnemonic phrases or crypto assets, nor will it require users to connect their wallets to receive airdrops.

Famous analyst PlanB posted that Bitcoin closed at $77,430 in October. Unfortunately, the so-called "Uptober" did not unfold as expected.However, Bitcoin's RSI (Relative Strength Index) has remained above 50 for the third consecutive month, indicating that a new bull market is beginning.