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Data shows that spot gold performed the worst in October since 2008, with a decline of about 6.7%. This round of decline was driven by inflation concerns triggered by oil prices and liquidity shocks caused by the drop in technology stocks.On Monday, oil prices plummeted due to news from the US-Iran negotiations, and gold prices rebounded.

Arkham previously stated that the Binance hacker deposited approximately 4 million dollars into 3 Binance deposit addresses and speculated that these addresses might belong to third-party trading platforms that use Binance's liquidity and custody services.In response, SomaXBT stated that Arkham mistakenly identified the Thorchain Asgard Vault address as a Binance hacker address, and the related Binance deposits were actually paid by a Thorchain account, not by the Binance hacker depositing funds into Binance. SomaXBT also disclosed two related Thorchain account addresses.

According to the Washington Post, SpaceX is in talks with EchoStar to acquire its wireless business Boost Mobile or to obtain network usage rights to launch its own mobile communication service; the report cites informed sources saying that the two parties have discussed launching wireless services under the SpaceX brand through collaboration in recent months. Reuters cited the report stating that Boost's existing network is primarily leased from AT&T and T-Mobile.The report states that this move aims to support Elon Musk's Starlink Mobile plan, combining the satellite constellation with ground cellular networks to challenge the three major carriers in the United States. EchoStar had approximately 7.38 million wireless users at the end of the second quarter, mainly Boost Mobile and Gen Mobile customers; Musk also met with EchoStar Chairman Charlie Ergen last month. If the deal involves the transfer of network leasing agreements, it may still require the consent of AT&T and T-Mobile.

According to DefiLlama data, Binance's 24-hour net outflow has decreased from an intraday high of about 7 billion dollars to about 3.5 billion dollars, a drop of over 50%. Meanwhile, the deposit-to-withdrawal ratio on the platform has rebounded from about 20% at the beginning of the event to about 78%.Currently, Binance's total assets are approximately 127.8 billion dollars, and various network withdrawal services are gradually resuming.

According to The Block, Brazilian cryptocurrency exchange Mercado Bitcoin confirmed a security incident and temporarily suspended user deposits and withdrawals, while stating that customer assets were not affected.Previously, blockchain security company Hypernative detected over $40 million in suspicious transfers across multiple blockchain networks. According to local media BitNotícias, the related abnormal fund flows may be linked to this security incident.

The dispute resolution protocol Internet Court, supported by GenLayer, allows AI agents to enter into contracts with humans, with funds held in escrow and released once the terms are determined to be fulfilled. This protocol has been in a testing phase for the past year and currently processes about 12,000 rulings daily. It has been used to verify user-uploaded photos for Collective Memory and to handle disputes on argue.fun, with the mainnet expected to launch next month.Disputes are submitted to a jury composed of 5 randomly selected GenLayer validators, each running different AI models, including a series of Claude, Gemini, ChatGPT, and DeepSeek. Initial rulings are completed within minutes by a simple majority, after which appeals can be made to a broader jury of 11, 23, or even up to 1,500 AIs; finality is usually reached within 30 minutes, with a maximum of about 3 hours. This mechanism draws on philosopher Condorcet's jury theorem to reduce single model bias through multiple independent evaluators.The Internet Court open alliance currently has 35 members, including ZKsync, NEAR, Consensys, and UMA. GenLayer has also launched intelligent contracts that support subjective judgments, capable of processing code, natural language, accessing the internet, and understanding images. GenLayer co-founder and CEO Albert Castellana believes this technology can be used to expedite dispute resolutions in prediction markets but also states that AI judgment is still insufficiently reliable to identify deepfakes or resolve neighborhood boundary disputes, with model bias and "representation convergence" potentially leading to groupthink issues.

According to Lookonchain monitoring, Bitcoin ETF had a net outflow of approximately 614 million dollars in a single day, while Ethereum ETF had a net outflow of approximately 102 million dollars in a single day.

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 PR Newswire, BitMine increased its holdings by 8,573 Ethereum last week. As of November 1, 2026, its total Ethereum holdings reached 6,060,506, accounting for approximately 4.9% of the total Ethereum supply.Currently, the total value of the cryptocurrencies, cash, and other investment assets held by BitMine is approximately $14.5 billion, which includes $498 million in cash and securities, 216 Bitcoin, $180 million in equity assets from Beast Industries, and a $82 million investment in Eightco Holdings (ORBS). In addition, the amount of Ethereum it has staked is 5,227,037 (86% of total holdings), valued at approximately $11.8 billion based on a price of $2,261 per coin, with current annual staking yields of about $358 million.Furthermore, BitMine Chairman Tom Lee stated in the company's weekly report that the market's reaction to the Binance theft incident was relatively mild: on the day of the $1.5 billion theft from Bybit in February 2025, ETH dropped by 8% and accumulated a 20% drop within a week, while the amount stolen from Binance this time was about four times that, yet ETH has only dropped 4% since the incident was disclosed.He believes there are six reasons for this: Binance has the ability to cover all user losses; there was no chain failure of DeFi protocols similar to what happened after the Bybit theft; the industry acted quickly to reduce potential losses by 50%; the FBI identified North Korea as the attacker within two days of the theft, whereas it previously could take up to 180 days; this attack was a penetration of Binance's corporate infrastructure rather than a blockchain vulnerability; and the limited downward price movement indicates that the crypto bull market is still ongoing. Tom Lee believes this shows that the resilience of the crypto industry is strengthening and is better able to withstand nation-state attacks.

According to CNBC, Morgan Stanley has downgraded the stock rating of cryptocurrency trading platform Coinbase (COIN) from equal weight to underweight, and significantly lowered the target price from $258 to $120, implying about a 16% downside from last Friday's closing price.Analyst Michael Cyprys stated in a client report on Monday that the company is still advancing a broader strategy, but recent trading trends have weakened, forward revenue outlooks are soft, and the uncertain outlook for the cryptocurrency market makes the "profit recovery" narrative harder to establish.Cyprys pointed out that Coinbase's cryptocurrency trading in October has weakened, with fourth-quarter trading revenue of about $165 million as of October 25, which, at this pace, would amount to about $607 million for the year, approximately 11% lower than the market consensus of about $685 million.In the past month, COIN's stock price has fallen by about 22%. After competitor Binance faced a hacking incident worth about $6 billion last week, cryptocurrency trading may further stagnate, dragging down Coinbase's earnings and stock price.Morgan Stanley has lowered its revenue forecast for Coinbase in 2027 by 28%, and adjusted EBITDA forecasts have been cut by 47%. This rating contrasts with the mainstream view on Wall Street: LSEG data shows that among the 41 analysts covering Coinbase, 26 have given buy or strong buy ratings, while 13 hold.

Cryptocurrency analyst Darkfost stated that tracking the profit and loss status of holders corresponding to tokens that moved in Bitcoin over the last 1 to 3 months reveals that this group currently has an estimated unrealized loss of $452 million, marking the first significant pressure since the end of the bear market.Darkfost pointed out that this metric can be used to observe market trends and potential price movements: when unrealized profits are high, holders may be more willing to take profits, increasing the risk of a market pullback; when unrealized losses expand, it indicates that many traders have a cost basis higher than the current price, which may suggest that the market is approaching a bottom and could present potential buying opportunities. However, the reference value of this metric during bear markets is relatively limited.

The head of Bitget Greater China, Xie Jiayin, posted on the X platform stating, "IPO is coming?" and mentioned that users can unlock more subscription quotas by recharging to become VIPs.The tweet referenced a previous tweet from the official Bitget account, which stated, "It may end humanity," with an image captioned "Coming soon on Bitget," set against a blurred background of the letters "AI." Currently, Bitget has not announced specific project and subscription details.

According to official news, OKX has officially released the 49th Proof of Reserves (PoR), achieving a milestone of four consecutive years of releases. This issue shows that the reserve ratio of more than 20 major cryptocurrencies disclosed by OKX has reached 100%.Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 108%, 101%, 106%, and 100%, respectively, with a total reserve asset value of approximately $27.8 billion.It is reported that since OKX first released the Proof of Reserves in November 2022, it has consistently published PoR on a monthly basis, increasing the number of disclosed cryptocurrencies from the initial 3 to more than 20. It has also introduced technologies such as Merkle trees, comprehensive Merkle trees, and zk-STARK zero-knowledge proofs, continuously upgrading the reserve verification system to support users in independently verifying asset reserves and enhancing asset transparency.

A proposal for token permissions on the XRP Ledger is expected to be activated on Wednesday. This proposal currently has the support of 33 out of 35 trusted validators.Meanwhile, a related independent proposal aimed at preventing unauthorized token holders is still under review and has not yet entered the activation phase.

On-chain detective ZachXBT issued a community alert based on personal judgment, stating that a certain EU entity was suspected to have been attacked on November 1, with multiple centralized exchange accounts being hacked, resulting in losses exceeding $106 million. The attacker withdrew the stolen funds in the form of USDC and USDT.Monitoring has shown that in the past 24 hours, the attacker has continuously exchanged USDC for ETH and transferred it to instant exchange platforms such as WellWallet and Kyrrex, then converted the funds into Monero (XMR) through Wagyu, while also utilizing cross-chain bridges to transfer funds across multiple blockchain networks. ZachXBT disclosed 11 involved addresses and reminded the community to pay attention to the relevant flow of funds.

According to Marvell's announcement, the company has reached a final agreement to acquire Lumentum in an all-stock transaction.The agreement stipulates that Lumentum shareholders will receive 4.500 shares of Marvell common stock for each share they own, implying an enterprise value of approximately $115 billion for Lumentum, equivalent to about $1132 per share, representing a premium of approximately 23.9% over the closing price on October 28, which was unaffected by rumors. After the transaction is completed, existing Marvell shareholders will hold about 67%, while Lumentum shareholders will hold about 33%.Both parties stated that the merger will integrate Marvell's capabilities in electrical and optical interconnects, switching, and custom chips, along with Lumentum's strengths in high-performance lasers, optical transceiver modules, and optical circuit switching, aiming to create a full-stack connectivity portfolio for AI infrastructure and expand the addressable market size to approximately $550 billion.The transaction is expected to achieve over $1 billion in annualized operating cost synergies and is anticipated to enhance Marvell's non-GAAP earnings per share in the first year post-closing. The closing is expected in the first half of 2028, pending approval from both parties' shareholders and regulators. After the closing, Matt Murphy will continue to serve as Chairman and CEO, and three directors from Lumentum, including CEO Michael Hurlston, will join Marvell's board of directors.

Blockchain analysis firm Elliptic reported that as of November 2, 15:30 Beijing time, approximately $3.24 billion of the stolen assets from Binance remain in related addresses, primarily in ETH and BTC; about $2.85 billion has been frozen or seized.Elliptic stated that money laundering activities involved approximately 12,000 wallets across 11 blockchains and over 40,000 transactions in less than four days.As of 14:02 on the same day, approximately 28 BTC had been mixed through 18 CoinJoin transactions. The firm believes that only a very small amount of funds may have been liquidated so far, and on-chain indicators show that the fund transfers used conventional automation, but there is no evidence that AI agents were involved in decision-making.

According to on-chain analyst Yu Jin's monitoring, a certain address has transferred out approximately 3.9 million LIT (worth 12.21 million USD), with 1.5 million each flowing into OKX and Bybit, and another 900,000 transferred to a marked address of Galaxy Digital.