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Huobi HTX announced that the UK Financial Conduct Authority (FCA) had previously initiated legal proceedings against the exchange in the UK. After a period of constructive communication between both parties, the matter has now been properly resolved.Huobi HTX has always sincerely cooperated with the FCA, actively collaborating and responding to its concerns regarding the UK market. During this period, Huobi HTX, based on its commitment to continuously adhere to compliance standards, has gradually strengthened restrictions related to the UK market and exit arrangements, and implemented supporting operational measures.These measures were already in place before this settlement was reached. The settlement further consolidates the aforementioned measures and does not constitute an admission of any legal liability, misconduct, or violations by Huobi HTX.The settlement eliminates relevant legal uncertainties and is consistent with the exchange's commitment to continuously enhance compliance levels. This is beneficial for Huobi HTX to focus on the most important matter, which is to provide high-value services to users and achieve long-term sustainable growth.Huobi HTX thanks all parties for their professional cooperation in properly concluding this matter and will continue to focus on responsibly serving users. Looking ahead, Huobi HTX is willing to constructively cooperate with all parties in the industry, including working hand in hand with regulators where appropriate, to jointly safeguard user interests and promote the healthy development of the digital asset ecosystem.

The bank-oriented blockchain project Rayls announced that investors and the team have extended the vesting arrangement for the RLS token. The relevant tokens will be unlocked monthly over four years starting from May 2027, replacing the original unlocking plan scheduled for December 2026.Rayls stated that combined with the lock-up extension announced by the core developer Parfin in August this year, the two arrangements will reduce the circulating RLS by approximately 1.2 billion by 2027, about 25% less than the original plan. At the same time, over 500 million RLS will still be locked as of December 2026. Rayls claimed that the adjusted unlocking pace is slower and smoother. The project is positioned as on-chain infrastructure serving banks, with investors including ParaFi Capital, Framework, Valor Capital, and Alexia Ventures.

On October 29, KR1 plc, a company listed on the main board of the London Stock Exchange that focuses on on-chain infrastructure, announced the launch of its technical infrastructure operations on the decentralized artificial intelligence network Bittensor. The company stated that it has recently acquired 5,000 network-native assets TAO and has initiated staking as part of its technical infrastructure strategy. Based on the reward rate observed on October 28, the company estimates that the annualized infrastructure income is approximately equivalent to 6.6% of the current value of the deployed TAO holdings.The announcement stated that Bittensor is a layer blockchain that supports subnets, covering services such as AI inference, computing power, training, and prediction, where independent suppliers compete for network rewards based on performance. KR1 supports the assessment of service provider performance through staking and receives a portion of the network rewards. There is no mandatory unbonding period for TAO unstaking, allowing the company to retrieve its holdings immediately after unstaking. Rewards can be retained to expand the scale of productive assets or can be liquidated for subsequent investments and operational costs. The company will also disclose its TAO holdings and related infrastructure income in monthly unaudited updates.Keld van Schreven, Managing Director and Co-Founder of KR1, stated: "As artificial intelligence enables more complex tasks to be performed by software, the demand for infrastructure related to supply-side intelligence is expected to grow significantly. Bittensor introduces open competition for the supply of AI services, and the company is focused on how its incentives are forming services that lead to continuous customer payments, as well as how to deploy TAO holdings to enhance the value and income potential of productive digital assets per share." KR1 claims to be the only publicly listed company on the main board of the London Stock Exchange that focuses on on-chain infrastructure, holding and operating productive digital assets on the relevant network.

Bithumb stated that its internal mobile collaboration system DaouOffice was accessed without authorization by external parties, resulting in the theft of some personal information of customers and employees. This incident involves 6,444 customers, of which the data of 5,600 people is in an encrypted state and cannot be read, while 844 customers have confirmed that their personal information has been leaked. Additionally, the information of 715 employees and partners has also been affected.

According to the latest stock derivatives exchange ranking released by RootData, the top three exchanges are Binance, Hyperliquid, and Gate.Among them, Binance has a score of 75.9, a 24h trading volume of 25.762 billion USD, and a market share of 39.10%; Hyperliquid has a score of 74.2, a 24h trading volume of 4.373 billion USD, and a market share of 6.64%; Gate has a score of 73.8, a 24h trading volume of 1.105 billion USD, and a market share of 1.68%.

Solflare announced that new validators are now online. Users can now manually unstake from Solflare (Legacy) and stake to the new validators, or wait for the application update to migrate.The official team will compensate for the rewards interrupted during the migration period, with specific duration and details to be announced later.

GMO Internet was previously attacked, leading to suspected leakage of customer information data. The company refused to pay the ransom and stated plans to compensate customers for their losses.It is reported that GMO Internet operates the cryptocurrency exchange "Z.com EX," which has obtained licenses from the Thai Securities and Exchange Commission and the Thai Ministry of Finance. The exchange has disclosed that it has been acquired, involving the acquisition of all shares of the target company held by shareholders such as GMO Internet and its related subsidiaries. It is currently unclear whether the customer information data is related to the cryptocurrency exchange.

Bitget PoolX is about to launch the BGBTC locking activity, where users can lock BGBTC to share airdrops of 7,100 UNI. The individual locking limit is 30 BGBTC. The locking period is from October 29, 18:00 to November 3, 18:00 (UTC+8).

The decentralized liquidity staking protocol Diva Staking announced on social media that it will shut down the project and will not launch the mainnet. The official statement said that this decision was made after thorough discussion and apologized to the early stakers who had pre-deposited in the vault, stating that related deposits can be withdrawn through Enzyme without further waiting.The official statement mentioned that the team has been operating for about two and a half years without income or salary since the funds were exhausted in mid-2024, with three members pushing the project forward. Diva went live on the Hoodi testnet earlier this summer and has been running stably for about four months without any issues, but failed to gain support from large institutions for the mainnet launch. The three-member team also could not bear the costs of a new round of audits and mainnet operations, thus choosing to wind down rather than risk launching.The announcement also stated that the demand structure for LST has changed after the Shanghai upgrade. As of the end of June this year, BitMine, Coinbase, and Binance together accounted for about 30% of the total staked ETH, with approximately 11.5%, 10.9%, and 7.9% respectively, which is comparable to the concentration when the market was concerned about Lido's share being close to one-third. The official also congratulated Lido for advancing Simple DVT and opening up to independent stakers.

The criminal case involving Aiden Pleterski, who claims to be the "King of Crypto" in Canada, related to a Ponzi scheme involving digital assets, will be submitted to the jury for deliberation after closing arguments this week. Presiding Judge Shaun Nakatsuru has given the jury final instructions, and the jury is set to begin deliberations on Thursday. Pleterski is accused of defrauding approximately $30 million from fans on social media between 2021 and 2022, and was charged with fraud in 2024, subsequently awaiting trial for over two years.In his closing arguments, Pleterski declared his innocence. He stated, "I am not guilty of these charges, which is why I am not pleading guilty. This would have been proven if I had not been forced to represent myself. That's all I have to say." Due to his choice to represent himself, he is acting on his own behalf in court. If convicted of fraud, he faces a maximum sentence of 14 years in prison.In another criminal case, five men are charged with kidnapping and torturing Pleterski in 2022, some of whom are reportedly victims of his scheme. Defendant Deren Akyeam-Pong has pleaded guilty to nine charges and is awaiting sentencing. Pleterski is one of several figures in the crypto industry facing fraud charges; former FTX CEO Sam Bankman-Fried was convicted in 2023 and is serving a 25-year sentence in the United States.

Federal Reserve Chairman Waller stated that political factors did not influence the Federal Reserve's decision to maintain interest rates. He emphasized that during discussions with colleagues, he did not hear any discussions about politics or elections, with the U.S. midterm elections scheduled for November 3.

Federal Reserve Chairman Waller stated that the balance sheet working group recommends submitting to the Federal Open Market Committee in early next year's first quarter.

Federal Reserve Chairman Waller stated not to trust forward guidance unless a crisis occurs.

According to Bloomberg, Solana is trying to shift from a growth model reliant on meme coins and speculative trading to more mainstream financial applications such as stablecoins and tokenized assets, in order to attract adoption from Wall Street institutions. Currently, financial institutions such as JPMorgan, Morgan Stanley, and Standard Chartered, as well as payment networks like Visa and Fiserv, have already started related businesses on this network.However, with the cryptocurrency market in a slump and competitors like Hyperliquid rising, Solana faces challenges in transforming its growth model. Data shows that SOL has dropped nearly 20% this year, and U.S.-listed spot and staking SOL ETFs have recorded outflows for two consecutive weeks this month, totaling about $50 million. Meanwhile, Solana's share of on-chain perpetual contract trading volume has decreased from 17% to 6%.

B.AI announced a significant upgrade to the model ranking list, adding four major evaluation dimensions beyond real usage popularity: the popular model tracking weekly token usage ratio, reflecting community selection trends; the call ranking supports real-time statistics of token and API call popularity over multiple time periods; the price ranking provides comparisons of input, output, and weighted prices, facilitating precise cost control; the intelligent ranking combines the Artificial Analysis intelligent index with a cutting-edge scatter plot of cost-effectiveness, helping to quickly identify high ROI models.The new ranking list can meet the needs for exploring cutting-edge capabilities, controlling call costs, and optimizing engineering selection.

According to the latest data from Polymarket Builders, the Gate event market has a cumulative trading volume of approximately $909 million, ranking second among all access channels on Polymarket and consistently remaining at the forefront of major trading entrances.The Gate event market has launched a quarterly earnings prediction challenge, setting a total reward of 90,000 USDT around the earnings events of popular companies such as Microsoft, Apple, and Amazon. Activities include new trader transactions, inviting friends, and profit rankings, with the top of the leaderboard eligible for a reward of up to 5,000 USDT.Gate is the first to layout the event market, creating a one-stop trading experience for global hot events. Users can participate in trading directly through the Gate App, placing orders using USDT from their spot accounts without the need for on-chain operations. The platform has launched the Combo prediction feature and introduced a macro market topic page related to the U.S. midterm elections, focusing on displaying market probabilities and trading data for key macro topics such as Federal Reserve interest rate decisions, inflation, employment, and economic growth. At the same time, it continues to improve features such as intelligent monitoring, AI analysis, profit and loss analysis, and quick trading, enriching the trading scenarios and information service capabilities of the event market.

The South Korean police have launched a preliminary investigation into the hacking incidents involving securities companies and cryptocurrency exchanges. Previously, 16 financial institutions, including KB Kookmin Bank, were also attacked by hackers, resulting in the leakage of approximately 100,000 personal information records, including ID numbers, account numbers, and addresses.The police stated that they will compare the methods used in old and new cases to verify their correlation and do not rule out the possibility that they were carried out by the same attacker.

CZ's post pointed out that on that day, there were 4 reported data breaches involving Coinbase's third-party vendor Amplitude, the South Korean cryptocurrency exchange Bithumb, and South Korean securities firms Mirae Asset and Daishin Securities. Among them, the breach related to Amplitude did not affect customer funds.CZ stated that the leaked exchange data was primarily used for phishing, SIM card hijacking, social engineering scams, and wrench attacks. He suggested that all platforms use independent email aliases and dedicated backup numbers, refuse to fill out unnecessary personal information, and use strong independent passwords.CZ also recommended enforcing the use of hardware security keys or passkeys, completely disabling SMS 2FA, enabling withdrawal address whitelists, withdrawal time locks, and anti-phishing codes, regularly cleaning API keys and active sessions, and requesting number porting locks from carriers. He also reminded that all customer service contacts that reach out proactively are scammers, and never to click on external links.