Odaily Report: The latest earnings reports from Coinbase, Robinhood, and Circle show that new business lines such as stablecoins, payments, and prediction markets are expanding in scale but have yet to offset the cyclical pressures of the crypto market. Coinbase's third-quarter trading revenue fell 23% year-over-year to $590 million, with retail spot trading volume declining 9% quarter-over-quarter; Circle's reserve income dropped 8% year-over-year to $658 million, with USDC supply at approximately $73.9 billion, essentially flat year-over-year. (CoinDesk)

Odaily: Coinbase posted on X that the PAXG collateralized lending service is now available in the US (excluding New York State) and Canada, powered by Morpho. Service availability and terms vary by jurisdiction and are subject to eligibility and market conditions; interest rates are variable and may change. Loans carry risks, including liquidation of collateral; Coinbase does not provide tax, legal, or investment advice.

Odaily reports, according to Coinglass data, that in the past hour, $73.3947 million was liquidated across the network, with long positions liquidated to the tune of $53.1487 million and short positions liquidated to the tune of $20.246 million.

Among these, BTC liquidations alone amounted to $35.72 million.

Odaily reports that Aave Labs has announced the acquisition of the Avon team and technology to advance its fixed-rate lending business. The acquisition encompasses Avon's fixed-rate and variable-rate lending protocols, on-chain order book, domain names, and related assets. Financial terms of the deal were not disclosed. Under the agreement, Prince Sinha and Ayush Kaul will join Aave Labs' engineering team, while Omar el-Ashaal will join the business development team. The Avon team will initially focus on fixed-rate lending to help Aave expand the range of loan types available to users. Avon's prior research and development also covered interest rate pricing, risk isolation, and lending market design. Aave Labs CEO Stani Kulechov stated that fixed-rate products are among those users already rely on in traditional finance, and the Avon team will help Aave serve global institutions, fintech companies, and retail users. Aave noted that its network currently holds over $30 billion in deposits and more than $12 billion in outstanding loans.

Odaily reports that Gnosis Pay has stated that a data breach occurred in the B2C business system supporting its brand cards, with some customer information leaked. All affected customers have received emails containing detailed information. Gnosis Pay said user funds were not affected and that additional security measures have been taken. The related B2C platform is still planned to be fully shut down on December 20, 2026. Gnosis Pay reminds users to remain vigilant, stating that official channels will never ask for users' PIN codes or mnemonic phrases, nor will they ask users to transfer funds.

Odaily: The preliminary November U.S. 1-year inflation expectations reading came in at 4.3%, versus the 4.7% expected and the previous reading of 4.70%.

Odaily reports: predict.fun posted on X platform that Gen.G, Invictus Gaming, and Bilibili Gaming have already secured their spots in the League of Legends World Championship semifinals, with the final spot to be decided between T1 and Karmine Corp. According to the predict.fun market, T1 has an 82% probability of advancing, and the result will be revealed at 22:00 (UTC).

Odaily reports that the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has withdrawn a "Travel Rule"-related proposal originally introduced in 2020. The proposal had originally been intended to require financial institutions and crypto companies to collect identifying information on individuals involved in certain transfers. FinCEN said on Friday that the relevant agencies believe the convertible virtual currency (CVC) industry has undergone significant changes since the proposal was published.

Odaily: Solana announced that in October, the value of real-world assets (RWA) on its chain reached $5 billion, a record high; decentralized exchange trading volume was $60 billion, addresses holding stablecoins reached 14 million, and cumulative spending via stablecoin cards reached $1 billion. The Alpenglow consensus protocol went live on mainnet on October 21, targeting a transaction finality time of approximately 150 milliseconds and a target slot time of 200 milliseconds.

According to monitoring of Gnosis Pay's official blog, Odaily reports that unauthorized access was detected on November 3 in the system supporting Gnosis Pay's branded cards, resulting in the leakage of some customer information. User funds were unaffected. The team began handling the incident within two hours of detection, having already replaced the affected security credentials and patched the vulnerability. The enterprise platform supporting all of its white-label card programs was not affected. Gnosis Pay has sent emails to all affected users informing them of the specific leaked information and has enforced 3D Secure verification for all online card payments. These measures will remain in place until the B2C system is decommissioned as planned on December 20. Gnosis Pay reminds users to be vigilant against phishing messages and never to disclose their mnemonic phrases, private keys, PINs, or full card numbers.

According to MSX.COM data, the Nasdaq's gain expanded to 2%, and the S&P 500 Index rose 1.1%. The Philadelphia Semiconductor Index rose 6.8%, AMD (AMD.O) rose 13%, and SanDisk (SNDK.O) rose 12%.

Odaily reports: According to market data, Zhipu has dropped 9.7% over the past 24 hours and is currently trading at 54.09 USDT.

Odaily reports: The U.S. Department of Labor's final rule aimed at facilitating the inclusion of alternative assets such as private equity, real estate, and cryptocurrencies in retirement plans was sent to the White House Office of Information and Regulatory Affairs (OIRA) for review on Thursday and is currently still under review. The Department of Labor published the related proposal on March 30, stipulating that fiduciaries can obtain legal safe harbor protection when they satisfy six factors: investment performance, fees, liquidity, valuation, performance benchmarks, and complexity.

Odaily reports: According to Odaily monitoring, a certain address achieved an 80% win rate on BTC trades between October 2 and November 6, 2026, completing a total of 5 rounds of trading. From 11:43 to 22:41 on November 6, 2026, its BTC short position decreased from 175.04788 to 51.5341, a net reduction of approximately $9.33 million; it currently still holds a BTC short position worth approximately $3.91 million.

Address: 0x469e9a7f624b04c24f0e64edf8d8a277e6bf58a5

Odaily Report: According to monitoring by on-chain analyst Yu Jin, a whale withdrew 3,009 BTC, worth approximately $228 million, from Binance over the past 23 hours. The whale sold 5,700 BTC a year and a half ago at a loss of $27.13 million; previously, in December 2024, it bought 5,700 BTC at a price of $94,035, worth approximately $536 million, and sold them between January and April 2025 at an average price of $89,275.