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According to Cointelegraph, several major investment platforms in India are expanding their channels for investing in U.S. stocks to meet the growing demand for overseas asset allocation among local investors.The report states that the relatively weak performance of the domestic stock market, the depreciation of the rupee, and the lack of sufficient AI-related listed companies in the local market are driving Indian investors to seek investment opportunities in U.S. tech stocks.

Galaxy Research Director Alex Thorn stated that the adjusted discount of Bitcoin on Coinbase relative to Binance's USDT has expanded to the largest level this year. However, Binance's previous suspension of withdrawals limited cross-platform arbitrage activities, making this price difference difficult to accurately reflect the true demand signals in the U.S. market.With Binance having resumed withdrawals, attention should be paid to whether the price difference between the two major exchanges will gradually narrow.

According to crypto journalist Eleanor Terrett, the number of issuers opposing the tokenization of company stocks by OKX in its joint venture project OKXICE with the Intercontinental Exchange (ICE) has increased to 50. The latest companies to join the opposition include Nike, Costco, Micron, Reddit, and Nvidia.It is reported that OKXICE initially planned to tokenize the stocks of 62 listed companies, and currently, 50 companies have expressed opposition, accounting for approximately 80.6% of the total number of companies intended for tokenization.

Hong Kong Interbank Clearing Limited disclosed the discovery of a fraudulent website that imitates its official website, luring users to recharge and withdraw through virtual wallets, and claiming to provide Fast Payment System (FPS) online transaction security support, including refunds, reporting unauthorized online transactions, and transaction support.Hong Kong Interbank Clearing Limited emphasizes that, under normal circumstances, it will not directly provide Fast Payment System services to individual members of the public, nor will it proactively contact individual members of the public. Do not provide personal or banking information to the related website.

Binance co-founder He Yi stated that Binance needs to collaborate with U.S. companies to freeze and recover assets, and that U.S. law enforcement agencies (FBI) are very efficient in their involvement.In cases that attract global attention, any content released by law enforcement agencies is rigorously verified and substantiated. Binance just wants to get back its hard-earned money.

Binance co-founder He Yi stated that Binance has allocated $6.34 billion of company funds to the user fund pool. BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD, and ZEC have achieved 100% reserve coverage.He Yi mentioned that Binance will continue to purchase other assets that have not yet been fully matched through the market and over-the-counter transactions until the coverage ratio of all tokens reaches 100%. The reserve proof snapshot has been completed, and the full zero-knowledge proof is expected to be generated on November 3, at which time holders of the aforementioned 10 tokens can verify the reserve situation themselves.

According to CoinDesk, Nasdaq-listed software company Next Technology Holding (NXTT) announced that its board has authorized the sale of approximately 5,833 BTC it holds, or to use these bitcoins as collateral for financing, valued at about $449 million based on the reported price.The company cited the theft from Binance, security vulnerabilities of trading platforms, and the potential threat of quantum computing to Bitcoin's cryptography as reasons for the decision, emphasizing that its bitcoins are not stored on Binance or held through Binance.The specific timing, price, and scale of the transaction will be determined by CEO Weihong Liu. The authorization allows for sales through trading platforms, private negotiations, or Bitcoin collateral financing, but does not guarantee that any transaction will ultimately be completed.NXTT closed on Friday with a market capitalization of approximately $7.8 million, and the disclosed value of its Bitcoin holdings exceeds 50 times the company's market value. The company's annual report stated that almost all bitcoins are held in custody by a Japanese institution, but the name of the custodian was not disclosed.

According to the X platform page, the official Twitter account of ICE, the parent company of the New York Stock Exchange, has deleted a previously published tweet regarding its collaboration with Trade.xyz, while still retaining the repost of the promotional copy from Trade.xyz.Previously, Bloomberg reported that the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, collaborated with Trade.xyz to introduce perpetual contract products into the regulated market in the United States. This market will have independent clearing, customer identity verification (KYC), and anti-money laundering (AML) systems. The market will be built on the Hyperliquid platform and will use products linked to stock indices, commodities, and currency prices from Trade.xyz, currently awaiting regulatory approval.The official Twitter account of ICE had published a promotional copy regarding the collaboration, but it is currently unclear why it was deleted.

Artificial intelligence inference company Baseten announced the launch of a new round of financing of $2 billion, with a valuation of up to $30 billion. Existing investor Sands Capital is expected to lead this round of financing.Baseten was founded in 2019 and mainly provides AI model deployment and inference platforms for enterprises, helping them run various AI models. In June of this year, Baseten completed a $1.5 billion financing round, with a valuation of $13 billion. Its competitor Fireworks AI completed a $1.5 billion financing round in July this year with a valuation of $17.5 billion. It is reported that NVIDIA invested $150 million in Baseten in January this year, increasing its active layout in the field of artificial intelligence inference.

Iole, a listed company on the Growth market of the Tokyo Stock Exchange in Japan, plans to sell all 151.21 bitcoins through a cryptocurrency exchange from October 30 to the end of November. The funds raised will be primarily used for AI data centers, AI computing power, and the "Neo Cloud" business.This sale is expected to result in a loss of approximately 254 million yen, and the company will continue to hold HYPE.

The enforcement director of the U.S. Securities and Exchange Commission stated that the agency is reviewing the information disclosure of artificial intelligence companies.

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."

PancakeSwap stated that it was not affected by today's security incident at Binance, and that its contracts and services are operating normally. The team is closely monitoring the situation.PancakeSwap also expressed support for the Binance team and all parties involved in responding to this security incident, and thanked ecosystem participants for their efforts to support affected users and protect the community.

The Financial Services Agency of Japan (FSA) released a commissioned research report on overseas financial regulatory systems, totaling 609 pages, authored by the Japanese law firm Atsumi & Sakai. The report covers eight countries and regions, including the United States, the United Kingdom, the European Union, China, and Hong Kong, aiming to provide references for Japan's financial system planning and legislation.The report focuses on outlining the regulatory systems for cryptocurrency exchanges, stablecoins, and the tokenization of real-world assets (RWA) in various regions, including the U.S. "GENIUS Act," the EU MiCA regulations, the UK's stablecoin regulatory framework, and China's regulations on virtual currencies and RWAs to be released in February 2026.The report points out that, according to current Chinese regulations, the issuance, trading, and related services of RWA tokenization within the country are generally prohibited, except for businesses that have obtained approval from the competent authorities and rely on specific financial infrastructures. Additionally, the report discusses Hong Kong's expansion of the scope of tokenized securities trading and related market regulatory arrangements.

Wells Fargo has lowered the target price for SanDisk from $1550 to $1300; lowered the target price for Amazon from $329 to $326; significantly lowered the target price for Intel from $120 to $80; lowered the target price for Google's parent company Alphabet from $417 to $371.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Pan Pacific Open: Alexandra Eala vs Diana Shnaider," the option "Alexandra Eala" in the sub-market "Pan Pacific Open: Alexandra Eala vs Diana Shnaider" experienced a sharp fluctuation in winning probability, plummeting from 68% an hour ago to the current 13.5% (a fluctuation of 54.5%). Please note the impact of related breaking news.

According to Gate market data, Intel (INTC) pre-market decline has expanded to 25.8%, currently reported at 68.32 USD.

San Francisco startup Dream has emerged from stealth mode, announcing the completion of a $17 million seed round financing, led by Andreessen Horowitz (a16z), with participation from SV Angel, XYZ, and Zigg Capital.Dream was co-founded by Andy Elder and Arjun Mathur, who both worked at Palantir for about ten years. The company develops a "building world model" that trains on over 100 million square feet of permitted building data in the United States. The model can understand the spatial relationships between building components, such as the direction of HVAC ducts through walls. The company claims that the drawings generated by the model are accurate enough for contractors to build directly from them. The initial business focus is on commercial projects such as storefronts, offices, and data centers.

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.