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Community users have posted that Musk once criticized Binance for holding about 80% of the cryptocurrency market share, believing that its dominance hinders industry development.Binance co-founder Changpeng Zhao responded that this statement is false information and called on the poster to stop spreading untrue content. Musk then replied to Zhao, stating that he has never published related content and that the information is fabricated.

According to an official statement from MEXC, the platform has acknowledged the order issued by the Financial Crimes Enforcement Network (FinCEN) on November 6 and is currently assessing it with its legal and compliance team. MEXC stated that the platform is operating normally and user assets are secure.MEXC emphasized that it will take the relevant concerns seriously and plans to engage in constructive communication with FinCEN and other relevant regulatory authorities globally. An independent review of its anti-money laundering and sanctions control measures has also been initiated.Previous news reported that the U.S. Department of the Treasury has ordered U.S. financial institutions to prohibit the transfer of funds to and from MEXC Global, and this order will take effect 30 days after publication in the Federal Register.

According to the Financial Times, a responsible official from the People's Bank of China responded to the suspension of Solana's advertising and offline communication activities in Shanghai, stating that the People's Bank has collaborated with relevant local financial management, public security, market supervision, and other departments to halt the activities, and will work with relevant departments to investigate the involved entities and individuals.The official stated that Solana has been advertising and promoting its brand through relevant domestic entities, engaging in virtual currency marketing. Its issuance of Solana coins and the provision of technical services for the issuance and trading of major virtual currencies such as USDT are considered illegal financial activities, and the promotion of Solana has violated relevant regulations.Moving forward, the People's Bank will focus on domestic virtual currency traders and domestic affiliates of overseas virtual currency issuance and trading platforms, continuing to crack down on domestic virtual currency-related business activities.

According to Gate market data, on November 5 local time, all three major U.S. stock indexes closed lower, and the AI hardware sector continued to decline. Zhongji Xuchuang responded that the company's operations are normal, and the order and delivery pace from overseas customers remain unchanged. Xinyi Sheng also stated that production and operations are normal, and there have been no changes in supply conditions.

According to CCTV reports, on the 3rd local time, Iran stated that there has been no new progress in the negotiations between Iran and the United States. In addition, various parties in Iran have been intensively voicing their positions on the situation, conveying Iran's tough stance, stating that Iran will never surrender, and that the U.S. must fully and clearly respond to the 7 conditions proposed by Iran and implement them for the Strait of Hormuz to be opened. Iran is prepared for battle and is in a state of maximum defense readiness.On the same day, Qatar stated that the U.S. and Iran are studying the proposals put forward by the mediators, and both sides are still willing to continue negotiations, but the differences remain to be bridged, and there is currently no specific progress to announce. Sources familiar with the matter indicated that Qatari mediators are expected to receive feedback from the U.S. and Iran on a new proposal within the next 36 hours. U.S. President Trump stated that he does not rule out taking military action against Iran after the midterm elections.

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.

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."

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.

Binance co-founder He Yi responded to rumors stating that she does indeed know Wan Hui, co-founder of the crypto venture capital firm Primitive Ventures, but there is no so-called situation of a close friend accompanying childbirth. She stated that even her own mother could not push a project to go live on Binance solely based on personal relationships; if a project succeeds solely due to personal connections, it indicates that Binance's own review capabilities are insufficient.He Yi also mentioned that there have been very few good projects in the cryptocurrency industry in recent years, with BNB being one of them, deserving of the trust of those who believe in Binance, but investment trading does not guarantee profits without losses. The era of 2017, where everything bought would rise, was a time of dividends, and very few remain now. The 2019 IEO was an exception because DEX had not developed at that time, and Binance had bargaining power; after DEX developed, Western VCs raised the prices of VC tokens.She further stated that Binance has never actively adopted unscrupulous methods to compete for market share in the past few years, and has always taken a straightforward defensive strategy in the face of competition. If anyone thinks they have not done well, they are welcome to criticize directly. Regarding IEOs, she said that at that time, market liquidity was concentrated on Binance, and the platform had a strong market dominance, which is why the issuance prices of new projects were generally low, giving participants the opportunity to gain profits.

In terms of the S&P 500, when the Republican Party controls Congress, 65% of respondents expect the U.S. stock market to accelerate or maintain its current pace of growth over the next 12 months (with an average monthly increase of about 1.3% this year); when the Democratic Party controls Congress and during a split Congress, this proportion is 37% and 44%, respectively.In terms of bonds, a Democratic-controlled Congress is considered more favorable, with 53% of respondents expecting U.S. Treasury yields to decline at that time, while the proportions for a split Congress and Republican control are 36% and 26%, respectively.

Some users reported on X that the usage quota for Grok Bot was consumed too quickly this week and asked if Musk could reset the quota.Musk replied that the service cost of Grok Bot is too high relative to its income to be sustainable.

According to a report by Bloomberg, a survey of 301 investors and financial professionals shows that if the Republican Party controls Congress, 29% of respondents expect Bitcoin to exceed $100,000 by the end of 2026; if the Democratic Party controls Congress, this percentage is 8%, and if both parties share control of Congress, it is 14%.The survey used Bitcoin's price of approximately $83,600 at the end of September as a benchmark. In the scenario where the Democratic Party controls Congress, 55% of respondents expect the price to drop by the end of the year but not below $60,000, while 16% expect it to fall below $60,000. The survey was conducted from October 2 to 17, with respondents including Bloomberg terminal clients and website subscribers.

Ethereum co-founder Vitalik Buterin stated that India accounts for about 17% of the global population and has a large number of developers working on Ethereum, zero-knowledge proofs, and other secure, privacy, and open technologies. However, the previous 11 Devcons or Devconnects have not been held in India.Vitalik expressed his anticipation to engage with the local community.

Binance co-founder He Yi responded to the "self-theft" allegations arising from the Binance theft incident on the X platform.He Yi stated that investing is often a test of judgment, logical reasoning, and the ability to extract effective information from complex data. Regarding some users' concerns about Binance's solvency, she expressed understanding and pointed out that Binance's trading volume, transaction fees, user scale, and BNB quarterly burn data are all publicly available information.

Crypto journalist Eleanor Terrett posted that in response to questions about why Binance still claims user funds are safe after a $6 billion hack, a Binance spokesperson stated that customer funds were unaffected and that the funds that were transferred out came from one of the exchange's own hot wallets. Binance claims that most customer funds are stored in cold wallets and are only transferred to hot wallets when users withdraw.The spokesperson stated that most of Binance's daily operating income is held in the form of crypto assets, and the company retains a significant portion of this, reinvesting it into business and security development, as they believe in the long-term value of crypto assets and the industry.He stated, "This is precisely why we are able to immediately absorb such a large loss with our own funds."

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.

Binance co-founder CZ and co-founder and Chief Customer Service Officer He Yi responded to the recent loss issues at Binance. CZ stated that previous analyses indicated that after USDT and USDC were frozen, Binance's total loss was approximately $1 billion, accounting for about 0.69% of its managed assets. He noted that the actual loss might be slightly higher than that figure, but Binance will bear it.He Yi replied that the company's annual revenue is sufficient to cover the losses, so there is no need to sell SpaceX shares for the time being. CZ then added that he did not mention selling SPCX shares, but merely listed some funding situations that might be known.

Binance customer service representative Sisi responded to community questions on social media, stating that this attack was not an event that could be completed through a single device; the starting point of the attack was a compromised employee's computer. Attacks on cryptocurrency institutions are usually highly targeted, and attackers often attempt to use complex methods to implement infiltration. Binance has discovered important clues related to the incident and has taken measures to control risks. Relevant investigations and tracing are still ongoing, and the platform's core risk control and emergency mechanisms have been activated.Regarding whether the engineer's permissions are too extensive, Sisi stated that this is not an incident where the attacker could directly use a specific engineer's permissions to complete a fund transfer, nor is it the result of a single person being able to operate with one click; the related anomalies involve a more complex attack process. At this stage, the investigation has not attributed responsibility to any individual, and the company will assume corresponding responsibilities while continuing to promote subsequent handling and security upgrades.Currently, there is no evidence of wallet private key leakage. The total losses from this incident will be fully borne by the SAFU fund and company funds, with no need for users to bear any costs. Approximately $3 billion in affected assets have been frozen on-chain, and Binance is cooperating with law enforcement and blockchain intelligence agencies to trace the funds, which are publicly traceable on-chain. Deposits are fully open and unaffected; withdrawals have been suspended as a precautionary measure and are expected to reopen within 48 hours, with specific timing subject to official announcements. Binance will continue to update progress while ensuring the accuracy of the investigation and will publish detailed information and further security reinforcement measures after the incident is handled and reviewed.

Binance founder CZ posted on the X platform stating that user funds are safe (SAFU), and specifically mentioned He Yi working overnight with hundreds of Binance employees to handle the security incident during her pregnancy.CZ noted that many industry friends and even competitors, including those who previously had unfriendly relations, provided much-needed assistance. He described the incident as heartbreaking but emphasized that Binance will get through this tough time.