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According to Fortune magazine, the on-chain uranium spot trading platform Uranium Digital announced the completion of a $16.5 million Series A financing round, led by Blockchain Capital, with existing investors Portal Ventures and Apeiron Investment Group participating. This round of financing was completed last month, and the funds will be used to expand its electronic trading platform.Uranium Digital was established in 2024, aiming to track the ownership of physical uranium in storage facilities through blockchain technology and provide a trading platform for institutions to buy and sell uranium. The company hopes to shift uranium trading from the traditional model of broker inquiries, email contracts, and offline storage and delivery to electronic trading.Previously, the company completed a $6.1 million seed round financing in 2025. With the growth of energy demand driven by AI data centers, the nuclear power and uranium fuel markets have received more attention.

According to Bloomberg, the Binance hacking incident is prompting the cryptocurrency industry to re-examine its long-held decentralized philosophy, as well as the transaction review, settlement delays, and fund intervention mechanisms in the traditional financial system.As the cryptocurrency industry seeks to enter the mainstream financial market in the United States, some institutional investors are beginning to reconsider Wall Street's financial risk control mechanisms. In traditional finance, banks, payment networks, and clearing institutions can review suspicious transactions during the fund transfer process and can suspend fund flows under certain circumstances.Third Eye CEO Tian Zeng stated that he hopes the settlement time can be shortened from the traditional financial T+1 day to T+1 hour, by appropriately extending the settlement time and increasing review steps, thereby reducing hackers' ability to quickly transfer funds.FalconX Co-Head of Markets Joshua Lim pointed out that as more institutions enter the cryptocurrency market, the client structure is changing, and some institutions are no longer willing to fully accept the risks associated with irreversible transactions. As the cryptocurrency industry further integrates with traditional finance, how to balance transaction efficiency, decentralization, and fund security will become a problem that the industry must face.

The Acting Secretary for Financial Services and the Treasury of Hong Kong, Chen Haolian, stated that international virtual asset trading platforms can apply for licenses from the Securities and Futures Commission as long as they meet the relevant statutory requirements and regulatory requirements of the Securities and Futures Commission. The Hong Kong Securities and Futures Commission and the Invest Hong Kong have also been in contact with these international platforms to introduce Hong Kong's regulatory requirements and market opportunities.Chen Haolian also mentioned that the Hong Kong Securities and Futures Commission will submit a bill to the Legislative Council by the end of this year to amend the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.

According to CoinGecko data, the South Korean cryptocurrency exchange Upbit had a trading volume of approximately $931 million in the past 24 hours, an increase of 29.7% compared to the previous day.The top five trading pairs by volume are as follows: XRP/KRW with a trading volume of approximately $107.866 million, accounting for 11.6%; BTC/KRW with a trading volume of approximately $87.2032 million, accounting for 9.38%; ETH/KRW with a trading volume of approximately $67.4456 million, accounting for 7.25%; USDT/KRW with a trading volume of approximately $47.0101 million, accounting for 5.05%; and TRUMP/KRW with a trading volume of approximately $40.8752 million, accounting for 4.4%.

According to official news from Bitget, the platform announced the launch of the Open Custody Network (OCN). With the core concept of "Assets in Bank, Tradings on Bitget," it aims to connect banks, custody companies, and other professional financial institutions with Bitget's trading infrastructure. This network integrates core capabilities such as independent asset custody, bank and institutional-level security guarantees, integrated trading services from exchanges, and capital efficiency, breaking the traditional model of centralized exchanges that concentrate asset custody and trading on the same platform.OCN utilizes an asset mapping mechanism to open up the channels between independent asset custody and trading services, allowing all eligible users to participate in Bitget's spot, leveraged, and contract trading while retaining independent custody rights over their assets. This provides access to exchange-level liquidity and integrated trading services, further lowering the barriers to trading participation and enabling more users to access financial services in a more equitable manner.Bitget CEO Gracy Chen stated that OCN aims to break the traditional model where users must custody their assets with an exchange to use its trading services, allowing users to enjoy high-quality liquidity and efficient capital utilization while independently choosing their asset custody methods, making financial services more open and inclusive.

UPBIT will start supporting the trading of Collector Crypt (CARDS) on November 5 at 16:30, supporting KRW, BTC, and USDT markets. Users should note that only CARDS deposits and withdrawals on the Solana network are supported.

Glassnode stated that despite the pullback of BTC in the past few weeks, market trading volume remains above the low levels seen in August of this year. Prior to the price surge in August, BTC trading volume had dropped to its lowest level since 2023.The current trading volume performance indicates that after months of market stagnation, investor interest in the cryptocurrency market is still ongoing.

According to market news, a certain address has a BTC single asset win rate of about 98%, completing a total of 42 rounds of transactions, with the statistical period from September 18, 2026, to October 30, 2026.From November 4 to 5, it net reduced approximately 6.7 million dollars in long positions, first closing about 2.2 million dollars, then opening about 1.8 million dollars, and subsequently closing about 6.2 million dollars. It still holds BTC long positions, with a position value of approximately 18.1 million dollars. The weighted average transaction price for closing BTC long positions during the window is about 80,253 dollars, and the weighted average transaction price for opening BTC long positions is about 80,104 dollars. Address: 0xf517639a8872e756ac98d3c65507d2ebc25cc032.

According to "Du Jia," Baidu recently launched an open model service platform called "Word Element Institute" aimed at developers, enterprise clients, and model suppliers. It is positioned as a matchmaking trading platform connecting model suppliers and consumers, gathering 42 large models, covering text and video models such as DeepSeek, Kimi, and Zhipu GLM. Developers can connect to the Word Element Institute API once to switch between models from multiple vendors and be billed based on usage.The same model can be accessed by multiple suppliers. The platform displays pricing, initial token latency, throughput speed, 7-day success rate, and historical call volume, and supports both OpenAI and Anthropic protocols. Taking DeepSeek-v4.1-flash as an example, the platform connects to 6 suppliers, marking the price savings ratio on the page, while also displaying context window, launch time, deployment region, and supplier credit evaluation.The platform ranking is based on real call data and can be viewed for the last 24 hours, last 7 days, and last 30 days. Screenshots show a total of 398 million calls in the last 7 days, with a total token volume of 51.336 trillion, involving 68 ranked model resources, and an average initial token latency of 290 milliseconds. DeepSeek-v4.1-flash ranks first in both call volume and token usage. Participating suppliers include Bochuan Technology, Infinite Mind, Star Hub Word Element, and Zhipu Original Factory, with the platform showcasing resources and supplier information through credit evaluations and blockchain proof.

Variational founder and CEO Lucas Schuermann posted on X: "In mid-September, we decided to allocate a significant amount of development resources to protocol security audits and further optimization work. This includes additional audits of the codebase and operational processes, conducting penetration tests and red team tests with the help of AI, among other tasks.The public mainnet is now just around the corner. The trading API is also being opened to a small number of whitelisted Alpha test users, with plans for a formal public launch later this month. We are still on track to proceed with this year's TGE (Token Generation Event), as well as the major partner announcements mentioned earlier in the token economic model updates. Starting later this month, everyone will hear more progress."

According to The Defiant, the daily trading volume of the decentralized yield trading protocol Pendle has risen to $221.5 million, setting a new 30-day high.Data shows that nearly all trading that day was concentrated on the Ethereum network, with Pendle's locked value maintaining around $1.03 billion in the latest snapshot of the day.

Fundstrat Managing Partner Tom Lee stated in an interview with CNBC that if everyone starts using tokens, computing power will become scarce, prices will rise, and then bottleneck issues will be discussed. He believes that many states will welcome this investment, and over time, AI trading remains very vibrant, with the community indeed hoping for capital inflow, but on their own terms.Tom Lee also mentioned that cryptocurrencies are rising because Democrats are now pushing for cryptocurrency legislation, whereas they opposed it before the midterm elections, and now they genuinely hope to pass relevant legislation.

According to Gate market data, Qualcomm (QCOM.O) fell over 5% in after-hours trading.

Coinbase posted on platform X that Coinbase Prime now offers regulated global options and perpetual contract trading services for institutions in the United States and other eligible regions, and provides a unified liquidity pool for traders in the United States and globally.

U.S. President Trump suffered a defeat in the midterm elections, with the Democratic Party taking control of both houses. The schedule released by the White House shows that Trump has no public events scheduled for Wednesday, with the day's White House agenda only including a closed-door policy meeting. In an interview, Trump admitted that the Iran war was one of the reasons for the Republican Party's electoral defeat, but insisted that he does not regret initiating the conflict.Trump-related concept stocks fell across the board, including:Trump Media & Technology Group down over 11%;Tesla down 4.76%;Nvidia down 1.2%;WLFI down 1.96%;TRUMP down 11.14%.

According to official social media news, Huobi HTX will hold a live broadcast themed "Gaps, Leverage, Stop Loss, a Practical Checklist for Ordinary Traders" today at 8 PM. At that time, crypto KOLs including Crypto.0824, Zhu Erdan, HiSeven, Mo Laotou, and Jiu Ge BTC will discuss trading strategies under the high volatility of the earnings season.At the same time, the guests will combine their practical experience to explore how ordinary traders can maintain trading discipline and enhance risk response and strategy execution capabilities amid increasing market uncertainty.