Odaily Report: According to Onchain Lens monitoring, an address closed a CL long position worth $56.6 million at a loss of $5.82 million, and currently still holds a leveraged Brent crude oil long position worth $95.7 million, with an unrealized loss of $7.06 million. The address's lifetime profit and loss has shifted from a profit of $18,400 to a loss of $13.79 million; the liquidation price of the Brent crude oil long position is $82.33, 14.3% away from the liquidation price.

Odaily: In an exclusive interview, Vitalik Buterin stated that over the next two years, the top priority for cryptocurrency exchanges will be survival rather than competing for market advantage. He noted that hacking incidents occur frequently in the industry, and if security issues persist, regulators may step in to require companies to adopt more prudent operational measures and bear stricter security responsibilities. Buterin also affirmed the continued development of India's developer ecosystem.

Odaily reports that Binance Wallet has issued an announcement regarding the merger of PREDICT airdrop batches, stating that the originally scheduled five airdrop distribution dates and corresponding questionnaire deadlines remain unchanged, namely the PREDICT listing day, November 6, November 13, November 20, and November 27.

If PREDICT launches after any scheduled distribution date, that batch and any previously undistributed batches will be merged and distributed together in the first distribution batch after the token launches.

Binance Wallet stated that users do not need to resubmit questionnaires, and airdrop eligibility for each batch will still be determined based on the original questionnaire deadlines.

Odaily reports: According to an official announcement, Gate has launched its Proof of Security (PoSEC), extending security verification from reserve adequacy to asset storage structure and risk protection.

According to Gate's official page, as of the snapshot taken at 08:00 (UTC+8) on November 4, the platform's cold storage coverage rate stands at 104.58%, with cold storage and hot wallet assets accounting for 88.26% and 11.74% respectively. Under the corresponding statistical methodology, even if all hot wallet assets were lost, cold storage would still fully cover all user assets. The current period's data is being verified by an independent third-party audit firm, and the report will be published on the official website once completed.

Gate stated that it launched its open-source Proof of Reserves (PoR) solution in 2020, and has since continued to strengthen mechanisms including cold-hot wallet separation, multi-signature, multi-party computation (MPC), and dynamic risk monitoring.

Odaily reports that European asset management firm Amundi has partnered with CACEIS to launch the first tokenized share class for its AMUNDI FUNDS CASH EUR money market fund. The fund adopts a hybrid distribution model, allowing investors to invest through traditional channels or subscribe to the tokenized share class AMUNDI FUNDS CASH EUR - J28 EUR DLT (C). The solution utilizes distributed ledger technology on the public Ethereum blockchain to record fund shares, enhancing record transparency and transaction traceability.

Odaily reports: The South Korean government plans to delay the implementation of the cryptocurrency gains tax by another two years to 2029, and to release detailed tax guidelines in the first half of 2028. Finance Minister Lee Hyoung-il said the government will consult with lawmakers on postponing the tax arrangement originally scheduled to take effect in January 2027.

The proposed tax rate is 22%, comprising a 20% income tax and a 2% local tax, applicable to annual cryptocurrency gains exceeding 2.5 million Korean won. The government says South Korea plans to begin exchanging information with the United States under the Crypto-Asset Reporting Framework (CARF) starting in 2029, and that imposing the tax before then could put South Korea's domestic market at a disadvantage.

The government also plans to introduce a three-year loss carryforward arrangement, allowing investors to offset cryptocurrency losses against gains over the next three years, and intends to submit the relevant amendment during the National Assembly's regular session in 2027. The tax was originally scheduled to take effect in January 2022, and has since been postponed to 2023, 2025, and 2027 in succession. (Cointelegraph)

Odaily: Bitcoin Treasuries posted on X that the funds raised by Strategy's Stretch (STRC) yesterday are estimated to be sufficient to purchase more than 120 BTC. After a gap of over 170 days, STRC's Bitcoin accretive issuance has resumed.

Odaily: The French National Assembly rejected the 2027 budget revenue section by a vote of 458 against, 0 in favor, and 2 abstentions, meaning the previously passed crypto-related amendments were therefore not included in the budget text submitted to the Senate. The relevant proposals may still be reintroduced in the Senate and would need to pass subsequent budget deliberations before becoming law.

The previously passed amendments included taxing proceeds from crypto-to-stablecoin conversions, as well as requiring taxpayers to declare self-custodied crypto assets worth at least 100,000 euros, with assets assessed as of December 31 of the tax year.

Another amendment proposed raising the fine for crypto platforms that fail to provide information requested by tax authorities from 10,000 euros to 50,000 euros. The Senate is scheduled to begin deliberating the finance bill on November 20 and to review the budget revenue section provisions on November 23. (Cointelegraph)

According to MSX.COM data, AAOI has fallen 12.3% over the past 24 hours and is currently trading at 57.85 USDT.

Odaily reports: According to MSX.COM data, US semiconductor and memory concept stocks generally declined in pre-market trading. Among them, Qualcomm (QCOM.O) fell 9% following mixed fourth-quarter earnings results; Arm (ARM.O) dropped 3.8%.

Among memory concept stocks, SK Hynix (SKHY.O) fell over 4% in pre-market trading, Western Digital (WDC.O) dropped 3.7%, SanDisk (SNDK.O) declined 3.4%, and Micron Technology (MU.O) fell over 2%.

Odaily: In an interview, Vitalik Buterin stated that in the coming years, Ethereum will leverage cutting-edge technologies, including GPUs, to achieve parallel processing of multiple tasks while maintaining decentralization. The Ethereum Foundation will focus on areas where it excels and provide support for developers to improve technical standards, security, privacy protection, and openness; areas beyond its expertise will be left to users and the community to explore.

According to MSX.COM data, MRVL has fallen 10.1% over the past 24 hours and is now trading at 156.21 USDT.

Odaily: DDC Enterprise has announced the initial public offering of preferred stock SAVOR (SVOR), with an initial offering price of $20, an annual dividend rate of 13.5%, paid daily. The offering is expected to raise $24 million, which will be used to repay convertible notes, fund a dividend reserve account, and increase its Bitcoin holdings.

Odaily reports: South Korean Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il said on the same day that the government has decided to postpone the collection of virtual asset income tax by two years, to 2029. Lee Hyung-il stated that if virtual asset transaction information can be obtained from the United States after 2029, the government will have sufficient information to tax investors using U.S. exchanges. The government will also establish and operate a public-private joint working group on digital asset taxation to advance the rationalization of the tax system and the expansion of infrastructure, and to accelerate the legislation of the Digital Asset Act.

Odaily reports that Bitget IPO Prime's third project, Anthropic, has opened its VIP subscription round. VIP1 through VIP7 users can participate in the subscription using USDT or USDGO. Allocated assets will be delivered as rANT, which leverages Bitget's RWA infrastructure to mirror the post-listing economic performance of ANT on a 1:1 basis.

The VIP subscription round runs from 16:00 on November 5 to 16:00 on November 9 (UTC+8), with a commitment range of $100 to $3 million, a total pool cap of $1 billion, a historical reference allocation rate of 40% to 80%, and an underwriting service fee of 12%. Distribution will occur within 3 to 5 business days after the IPO.

The public subscription round will open at 16:00 on November 10 (UTC+8) and will be available to all eligible users.

Odaily reports that Soter Insure has announced the completion of the second close of its Series B funding, with SC Ventures and SBI Group joining.