Odaily Report: YouTuber and boxer Logan Paul, in a recent podcast, responded to longtime collaborator Mike Majlak's mention of cryptocurrency exchange Binance being hacked with approximately $6 billion in assets stolen, stating that he does not trust cryptocurrency and calling it a scam. Binance estimates the total impact of this incident at approximately $6.3 billion.

Commenters subsequently brought up Cryptozoo, an NFT game promoted by Logan Paul, with buyers claiming the project was not launched as promised. In February 2026, he again filed a motion to dismiss a lawsuit in a Texas federal court accusing him of carrying out a rug pull through the project, stating that the latest complaint fails to establish that he should be held responsible for the project entity's actions.

Binance stated it has frozen approximately $3 billion in stolen assets, and co-CEO Yi He said the exchange will bear all hacker losses. (Bitcoin.com News)

Odaily reports: Microsoft's threat intelligence team has disclosed that North Korean hacking groups have been rated "high" overall for AI adoption. Jade Sleet, Coral Sleet, and Jasper Sleet have embedded AI into all of their operational workflows; related attacks typically target cryptocurrencies and other assets. Jade Sleet launched recruitment-themed attacks through three front companies within one week; Onyx Sleet produced more than 100 customized PDF lure files from August to September. Coral Sleet is suspected of using an AI development platform to implant Trojans into private GitHub code repositories; starting in late October, Onyx Sleet and Pearl Sleet began using the open-source agentic AI penetration testing framework ARTEX. Microsoft assesses that the related operations are still human-led and not yet fully autonomous.

Odaily report: CZ posted a reply to Musk, stating: "I have great respect for you, but now is not the time for jokes. Our SPCX stock (from our $500 million investment in your acquisition of Twitter) is now worth more than a billion dollars.

I would greatly appreciate it if you could show a little support."

Previously, when commenting on the Binance hack incident, Musk posted a "😬" emoji expressing awkwardness and unease. Compared to "😂", this emoji typically carries more negative emotion and a subtle sense of questioning.

Odaily reports: According to Odaily monitoring, a certain address net increased its GOOGL short position by approximately $15.77 million, currently holding about 83,100 GOOGL short contracts, valued at approximately $23.57 million. Its contract account has accumulated profits of approximately $31.86 million.

Address: 0xfc667adba8d4837586078f4fdcdc29804337ca06; Total P&L: profit of approximately $31.86 million

Odaily reports: According to Odaily monitoring, a certain address's BTC short position decreased by 180.8 BTC, valued at approximately $14.1 million based on snapshot reference prices, and currently still holds 3.15 BTC in short positions. Its contract account has accumulated profits of approximately $31.86 million. Within the window, approximately $6.47 million in BTC short positions were closed, and approximately $260,000 in BTC short positions were opened.

Address: 0xfc667adba8d4837586078f4fdcdc29804337ca06; Total PnL: profit of approximately $31.86 million

Odaily reports that Bybit today added six stock perpetual contracts: XP Inc. (XPUSDT), Industrial Select Sector SPDR ETF (XLIUSDT), Booking Holdings (BKNGUSDT), iShares MSCI Brazil Small-Cap ETF (EWZSUSDT), Occidental Petroleum (OXYUSDT), and NuScale Power (SMRUSDT), with leverage of up to 25x. A limited-time fee promotion is available during the launch period: 0% maker fee and 50% off taker fee.

Odaily: CryptoQuant founder Ki Young Ju posted on X that the Coinbase premium has hit a 4-year low. The last time this level was seen was after the FTX collapse in November 2022, when Bitcoin bottomed; he believes market sentiment is now bearish enough to be bullish.

Odaily reports: According to monitoring by Pundi X Labs, PUNDIX assets are secure. Following the Binance hack incident, Binance contacted Pundi X Labs to assist in freezing the stolen PUNDIX tokens. Pundi X Labs has frozen all 3.7473 million PUNDIX identified in the hacker's wallets, valued at approximately $365,500. No other known hacker wallets holding affected PUNDIX have been identified at this time. Pundi X stated that it will continue to assist in protecting the broader crypto ecosystem.

According to Gate data, the USD/CNH (USDCNH) has fallen to 6.650, currently at 6.64983, a 24-hour decline of 0.1%.

Odaily: Binance has released an investigation update stating that preliminary findings suggest this security incident may have involved a compromised laptop, with follow-up investigations uncovering additional points of intrusion. Binance said this was a sophisticated attack, is currently coordinating with law enforcement, and continues to gather facts, with more information to be shared directly in due course. Binance will use the SAFU fund and company funds to cover all losses and stated that user funds are safe.

Binance still expects to resume withdrawal services within 45 hours, and deposits are unaffected. After withdrawals were previously suspended, fund outflows have stopped. Binance is working with partners to freeze affected assets, and approximately $3 billion has been frozen so far, with further updates to be provided through official channels.

Odaily reports: According to Initia monitoring, Initia L1 and Rollups are planned to resume operations on November 2, 2026. At that time, the chain upgrade will apply an independently audited MoveVM patch to isolate the attacker's remaining counterfeit balances and enable additional security measures without rolling back transaction history. Support for AUSD0, USDC.n, and WETH will be fully restored before the restart, and users will not need to take any action. To protect users and liquidity providers, Initia DEX will be paused for a brief window, during which designated accounts will rebalance liquidity pools to market prices, and profits generated from the rebalancing will be returned to affected liquidity providers. Cross-chain bridges and exchanges are expected to resume transfers after network monitoring, with withdrawal times for LayerZero OFT WETH and AUSD0 set at 24 hours.

Odaily Report: According to monitoring by on-chain analyst Yu Jin, a diamond-handed whale who held positions for nearly 4 months just closed BTC and ETH long positions worth $100 million, making a profit of $17.78 million, and then opened a short position on 20,000 ETH at a price of $2,228, worth $44.6 million. In early July, the whale went long on 1,000 BTC at a price of $62,353 and went long on 10,000 ETH at a price of $1,762.

Odaily reports: According to Odaily monitoring, an address first closed a $10,000 ETH long position, then opened an ETH short position of approximately $18.85 million; during this period, it closed approximately $10.88 million of the ETH short position, and currently still holds an ETH short position worth approximately $7.88 million.

Address: 0x469e9a7f624b04c24f0e64edf8d8a277e6bf58a5

Odaily reports: Circle plans to gradually reduce the burn limits of the legacy Cross-Chain Transfer Protocol CCTP V1 starting October 31, 2026, and will pause the related contracts on December 1, at which point the legacy routes will no longer support USDC cross-chain transfers. The new version of CCTP uses independent contracts and APIs and is not backward compatible, so applications, wallets, and bridge services using the old version will need to proactively update their integrations. Circle stated that it will retain sufficient mint allowance so that pending transfers that have already been attested can be completed before the suspension; the specific limit tiers and interim adjustment dates have not yet been disclosed.

The Noble chain will not integrate with the new version of CCTP. Circle plans to suspend the USDC contract on Noble and the remaining cross-chain routes on January 12, 2027; holders need to transfer out their USDC before then. Circle will take a snapshot of remaining balances on the day of suspension and begin manual redemption starting January 13. Applicants must meet compliance and security requirements, and their assets must be in a self-custodied wallet.

Odaily: FUNDA posted on X that OpenAI reportedly gave potential investors until today to commit to a $30 billion funding round, which values the company at $1.25 trillion.

Odaily reports that Bitcoin Treasuries posted on X that Coinbase announced it added 643 BTC in the third quarter, bringing its total holdings to 17,954 BTC. Coinbase ranks 8th on the Bitcoin 100 list.