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According to Reuters, the London Metal Exchange (LME), a subsidiary of the Hong Kong Stock Exchange, is exploring the tokenization of metal inventories stored in Hong Kong warehouses, making them digital assets that can be used for loan collateral and other financing activities, in line with Hong Kong's strategy to develop an international commodity trading center. LME confirmed that it is currently in the early stages of exploring the tokenization of metal inventories that have not been issued warehouse receipts.Unlike warehouse metal that already has standardized financing mechanisms, this type of inventory currently lacks mature financing channels. Insiders revealed that LME plans to hold a closed-door industry roundtable meeting in early November to discuss the plan. The Hong Kong Stock Exchange is also testing carbon credit tokenization to achieve near real-time trade settlement.

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.

Recently, in response to user information leaks and supply chain security risks in the hardware wallet industry, KeyPal, a hardware wallet brand under TokenPocket, announced further enhancements to user privacy protection and data security management mechanisms.KeyPal stated that it has not found any security breaches in its system or customer data leaks; this adjustment is a proactive preventive measure based on changes in industry risks.According to the latest plan, KeyPal aims to delete or anonymize unnecessary customer personal information within 15 days after order completion for orders that have confirmed receipt, completed fulfillment, and have no after-sales disputes or other legitimate retention requirements. The security of hardware wallets not only involves private key protection and transaction signing but also includes the protection of personal information generated during the purchase, delivery, and after-sales service processes.

According to Caixin, the storage chip manufacturer Changxin Technology issued a reminder on the 29th, stating that the company has recently discovered that illegal individuals and unauthorized intermediary organizations are falsely using the names "Changxin Technology," "Changxin Group," and "Changxin Storage" to spread false recruitment information on online platforms.Changxin Technology reminds everyone not to download unknown software, not to click on unfamiliar links, and not to provide personal sensitive information to unofficial personnel; do not participate in activities that require payment or tasks to obtain job opportunities; do not trust false promises spread by unofficial social media accounts, as well as fabricated job locations and salaries.

On October 29, Financial News Overseas cited a Reuters report that Amazon cut about 250 positions in its devices and services division. An informed source stated that the affected positions were mainly software development roles.The report mentioned that in the previous weeks, Amazon launched several new products, including a new Kindle e-reader and tablets.

Key hardware manufacturer Foundry Robotics founder and CEO Adarsh Kulkarni announced that the company has completed a $100 million Series A funding round, led by Marlinspike VC, with continued participation from Khosla Ventures.Kulkarni stated that the company will build a 130,000 square foot factory in Emeryville, California, to produce critical hardware domestically in the United States. The company has delivered products to paying customers in the energy, telecommunications, autonomous driving, and defense sectors.

CryptoQuant founder Ki Young Ju stated that the ETF engine has hardly operated this year, with net inflows close to zero from the beginning of the year to now, yet Bitcoin has only dropped 7%. In the context of weak ETF demand while prices remain strong, the likelihood of OG whales or miners selling off in large quantities seems low; those who wanted to sell may have already done so.Ki Young Ju expects that once the uncertainty of the U.S. midterm elections dissipates and ETF capital inflows resume, bullish momentum will return.

Documents from the U.S. Securities and Exchange Commission (SEC) show that Meta Platforms (META.O) has signed forward sale agreements with Morgan Stanley and Goldman Sachs.

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

Former Federal Reserve Vice Chairman Blinder stated that now is an excellent time for Waller to use forward guidance. Blinder pointed out that the Federal Reserve is facing a dilemma, as decision-makers can provide ample justification for either maintaining interest rates or raising them. He believes that the so-called "hawkish pause" can only be reflected through forward guidance.

According to Bloomberg, after a summer rebound, Bitcoin's upward momentum is gradually fading, currently retreating to around $80,000, with investors facing ongoing selling pressure as they attempt to breach the $100,000 mark. The cost basis for investors who bought Bitcoin in the past two years is concentrated at $87,000 and above, and the selling pressure around this price level has suppressed Bitcoin's rebound twice this year, followed by at least a 25% retracement in price.Additionally, the average cost basis for Bitcoin ETF holders is about $81,500. If the price continues to close below this level, it may indicate that the average ETF holder has turned to a floating loss, weakening recent on-chain support. Furthermore, macroeconomic factors are also putting pressure on Bitcoin. AI concept stocks have performed poorly this month, and analysts believe that Bitcoin remains highly correlated with tech stocks. Concerns over AI valuations and debt risks are weighing on Bitcoin, and the market has yet to confirm the start of a new bull market; future trends will still depend on the macro environment and sustained buying performance.

According to The Block, as the U.S. midterm elections approach, the digital asset industry may face changes in the congressional political landscape. Over the past two years, the Republican-led Congress passed the stablecoin bill GENIUS Act and advanced the broader Clarity Act; the latter passed the House in 2025 but stalled in the Senate due to controversies over stablecoin rewards and ethical issues raised by former President Trump's crypto wealth. Prediction market Kalshi shows that the probability of the Democrats winning the Senate and the House is 64% and 90%, respectively.The chair of congressional committees holds the power to set the agenda. If the Democrats regain the Senate, Elizabeth Warren will become the chair of the Senate Banking Committee. Ron Hammond, head of policy and advocacy at Wintermute, expects that she will actively use subpoena power and may focus on scrutinizing the Office of the Comptroller of the Currency's approvals of new bank charters for Ripple, Coinbase, and World Liberty Financial, which is supported by the Trump family.The election situation in Ohio is also under scrutiny, with former Senate Banking Committee chair Sherrod Brown facing pro-crypto Republican Jon Husted. Fairshake PAC has pledged $30 million to support Husted. Hammond stated that if Brown wins, he may become the chair of the Senate Agriculture Committee, which could potentially shelve related crypto legislation. In the House Financial Services Committee, regardless of whether Maxine Waters, Sean Casten, or Bill Foster leads, the Clarity Act is unlikely to advance. Lindsay Fraser, chief policy officer of the Blockchain Association, stated that while congressional control may change, the demand for clear crypto regulations will not.

According to Decrypt, James Comer, the Chairman of the House Oversight Committee (Republican from Kentucky), has launched an investigation into a proposed company entity in Delaware that would be operated daily by AI entities.In a letter to Delaware Governor Matt Meyer, Comer stated that the proposed "Artificial Intelligence Company" (AIC) could exempt AI companies and their investors from liability for damages caused by AI entities, and he requested the governor to submit relevant documents and communications, including "internal AI chat logs," by November 9.The proposal was announced in July in a joint article in Fortune by Delaware Secretary of State Charuni Patibanda-Sanchez and Norm Ai CEO John Nay, positioning it as a public-private partnership led by Norm Ai.By design, the AIC could sue and be sued, hold property, and assume obligations under the direction of AI entities; its sole member must maintain sufficient capital and is not liable for the company's debts except in cases of incomplete capitalization, fraud, or willful misconduct. The AIC can only operate within a regulatory sandbox for 30 months, must disclose its identity to counterparties, and is prohibited from conducting banking activities.Comer also questioned the role of private sector participants in the proposal, stating that the Delaware AI Commission's report due in December 2025 did not mention a security risk assessment or consult independent experts, and the Secretary of State's office refused to clarify its relationship with an AI company involved in the project.He stated that this information could inform federal legislation, including proposals to limit state-level AI regulatory initiatives. The Secretary of State's office denied that the plan is a liability waiver arrangement, and Governor Meyer defended it, with state legislators expected to review the legislative proposal in January.

The World Bank predicts that due to the impact of the Middle East war, global energy prices will rise by 32% in 2026, reaching the highest level in four years.

The funding scale of the Zcash development grant program continues to expand, with the current net funding estimated at approximately 125 million USD, far exceeding current expenditure needs. Sean Bowe, co-founder of Zcash and current head of Tachyon, has proposed a draft suggesting the termination of the current 8% block reward allocated to ZCG in a future network upgrade.There are currently four proposals in the community regarding the development funding mechanism, which involve terminating ZCG grants, canceling the entire development fund grant mechanism, or gradually reducing the grant proportion to zero. Supporters believe that the current mechanism allows funds to accumulate as the price of ZEC rises, but ZCG is not directly controlled by holders; opponents worry that cutting development funds without alternative solutions may impact the subsequent development and maintenance of the protocol. All proposals are still in the discussion stage and have not yet been finalized.

According to official data from Bitget, the platform's "Peer Program" has completed the final batch of reward distributions. As of now, the program has distributed a total of 8,936,975 USDT in rewards, with a total of 7,308,958 participants receiving rewards. Users can visit the relevant event page to claim their corresponding rewards.

Ethena Pay has begun rolling out the Earn+ feature, which claims that the dollar balance can earn a target annual reward of up to 12%. Initially, it is open to Pro and VIP users, with plans to expand to all users in the coming days. This feature will transfer funds from the main payment balance to an external Upshift vault, where Steakhouse Financial will execute a leveraged USDe strategy on Aave, aiming for a yield higher than the app's existing maximum tiered reward of 6%.According to documents released by Ethena Pay, the vault targets approximately 11 times leverage on Aave v4 on Avalanche, packaging repeated borrowing and reinvestment into a one-click deposit. The specific path involves depositing USDe as collateral, borrowing USDT, and then using the borrowed tokens to purchase more USDe in a loop, with returns depending on whether the USDe rewards can cover the USDT borrowing costs. Ethena Pay states that it only provides the interface and does not guarantee the assets, and users must bear the risk of vault losses, which may result in losing part or all of their invested funds.Ethena Pay claims that the simplified interface does not eliminate liquidation risk; when collateral is insufficient to cover debts, positions will face liquidation, with liquidators repaying debts and taking collateral and rewards. The 12% is only a target and not a guaranteed return, rates may be adjusted downwards, and Earn+ balances do not enjoy the Daily Boost of the main account. This product has no lock-up period, no fees for deposits or withdrawals, and withdrawals are processed to the main dollar account within 24 hours but may be delayed, and are not considered insured bank deposits. The initial total capacity limit for the vault is $4.5 million, with individual limits of $50,000 and $200,000 for Pro and VIP users, respectively, and $20,000 for Standard users.

Iron Fish stated that the team is investigating the abnormal issuance of wIRON on the Base network and has requested the cross-chain bridge service provider ChainPort to conduct an urgent review.Before further notice, users should avoid purchasing wIRON on Base or using the related cross-chain bridge. Iron Fish warned that it cannot currently guarantee that wIRON has 1:1 full asset backing and stated that it will announce further developments after verifying more facts.

The Hong Kong Investor and Financial Education Committee issued a notice highlighting the risks of trading tokenized funds in the secondary market, including price discrepancies and trading risks, liquidity risks, price fragmentation risks, and reliance on market makers risks. The Committee stated that tokenized funds traded on virtual asset trading platforms may experience significant premiums or discounts compared to their net asset value.The Committee pointed out that investors should understand the investment objectives, strategies, characteristics, operations, and related investment risks of the underlying funds, as well as the tokenization arrangements, including whether transactions are ultimately settled on-chain or off-chain and the associated risks. Investors should also pay attention to trading channel information, market maker arrangements, applicable fees, potential trading suspensions, secondary market trading risks, and the options and related impacts of purchasing or redeeming tokenized fund units at net asset value.